Change in Business or Credit and Collection Policy. No Seller or Servicer shall make any material change in the character of its business, or make any change in the Credit and Collection Policy that would adversely affect the collectibility of the Receivables Pool or the enforceability of any related Contract or materially adversely affect the ability of any Seller or Servicer to perform its obligations under any related Contract or under the Agreement. No Seller or Servicer shall make any material change in the Credit and Collection Policy without the prior written consent of the Agent.
Appears in 4 contracts
Samples: Receivables Purchase Agreement (Manitowoc Co Inc), Receivables Purchase Agreement (Manitowoc Co Inc), Receivables Purchase Agreement (Manitowoc Co Inc)
Change in Business or Credit and Collection Policy. No Neither the Seller or nor the Servicer shall make any material change in the character of its business, or make any change in the Credit and Collection Policy that would adversely affect the collectibility of the Receivables Pool or the enforceability of any related Contract or materially adversely affect the ability of any the Seller or Servicer to perform its obligations under any related Contract or under the Agreement. No Neither the Seller or nor the Servicer shall make any material change in the Credit and Collection Policy without the prior written consent of the Agent.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Manitowoc Co Inc), Receivables Purchase Agreement (Manitowoc Co Inc), Receivables Purchase Agreement (Atrium Companies Inc)
Change in Business or Credit and Collection Policy. No Neither the Seller or nor any Servicer shall make any material change in the character of its business, or make any change in the Credit and Collection Policy that would adversely affect the collectibility of the Receivables Pool or the enforceability of any related Contract or materially adversely affect the ability of any the Seller or any Servicer to perform its obligations under any related Contract or under the Agreement. No Neither the Seller or nor any Servicer shall make any material change in the Credit and Collection Policy without the prior written consent of the Agent.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Manitowoc Foodservice, Inc.)
Change in Business or Credit and Collection Policy. No Neither the Seller or nor the Servicer shall make any material change in the character of its businessbusiness or in the Credit and Collection Policy, or make any change in the Credit and Collection Policy that would adversely affect the collectibility of the Receivables Pool or the enforceability of any related Contract or materially adversely affect the ability of any the Seller or Servicer to perform its obligations under any related Contract or under the Agreement. No Neither the Seller or nor the Servicer shall make any other material change in the Credit and Collection Policy without the prior written consent of the Administrator and each Purchaser Agent.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Pilgrims Pride Corp)
Change in Business or Credit and Collection Policy. No Neither the Seller or nor the Servicer shall make any material change in the character of its business, or make any change in the Credit and Collection Policy that would adversely affect the collectibility of the Receivables Pool or the enforceability of any related Contract or materially adversely affect the ability of any the Seller or Servicer to perform its obligations under any related Contract or under the Agreement. No Neither the Seller or nor Servicer shall make any material change in the Credit and Collection Policy without the prior written consent of the Agent.
Appears in 1 contract
