Common use of Change in Business or Credit and Collection Policy Clause in Contracts

Change in Business or Credit and Collection Policy. Not make any change in the Credit and Collection Policy or make any change in the character of its business that, in either event, could reasonably be expected to result in a Material Adverse Effect, and it will not make any other material changes in the Credit and Collection Policy without the prior written consent of the Collateral Manager; provided, however, that if an Event of Default has occurred and is continuing, it will not make any material change in the Credit and Collection Policy.

Appears in 4 contracts

Samples: Credit Agreement (BioScrip, Inc.), Credit Agreement (BioScrip, Inc.), Credit Agreement (BioScrip, Inc.)

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Change in Business or Credit and Collection Policy. Not The Borrower will not make any change in the Credit and Collection Policy or make any change in the character of its business that, in either event, could reasonably be expected to result in a Material Adverse Effect, and it . The Borrower will not make any other material changes in the Credit and Collection Policy without the prior written consent of the Collateral Manager; provided, however, that if an Event of Default has occurred and is continuing, it will not make any material change in the Credit and Collection PolicyLender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Nu Tech Bio Med Inc), Loan and Security Agreement (Physicians Clinical Laboratory Inc)

Change in Business or Credit and Collection Policy. Not It will not make any change in the Credit and Collection Policy or make any change in the character of its business that, in either event, could reasonably be expected to result in a Material Adverse Effect, and it will not make any other material changes in the Credit and Collection Policy without the prior written consent of the Collateral ManagerLender; provided, however, that if an Event of Default has occurred and is continuing, it will not make any material change in the Credit and Collection Policy.

Appears in 2 contracts

Samples: Loan and Security Agreement (BioScrip, Inc.), Loan and Security Agreement (BioScrip, Inc.)

Change in Business or Credit and Collection Policy. Not make The Borrower will not any change in the Credit and Collection Policy or make any change in the character of its business that, in either event, could is reasonably be expected likely to result in a Material Adverse Effect, and it . The Borrower will not make any other material changes in the Credit and Collection Policy without the prior written consent of the Collateral Manager; provided, however, that if an Event of Default has occurred and is continuing, it will not make any material change in the Credit and Collection PolicyLender.

Appears in 1 contract

Samples: Loan and Security Agreement (Mim Corp)

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Change in Business or Credit and Collection Policy. Not The Borrower will not make any change in the Credit and Collection Policy or make any change in the character of its business that, in either event, could is reasonably be expected likely to result in a Material Adverse Effect, and it . The Borrower will not make any other material changes in the Credit and Collection Policy without the prior written consent of the Collateral Manager; provided, however, that if an Event of Default has occurred and is continuing, it will not make any material change in the Credit and Collection PolicyLender.

Appears in 1 contract

Samples: Loan and Security Agreement (Community Care of America Inc)

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