Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser Agent.
Appears in 8 contracts
Samples: Receivables Purchase Agreement (Worthington Industries Inc), Receivables Purchase Agreement (Airgas Inc), Receivables Purchase Agreement (Airgas Inc)
Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any the Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or Policy (other than a change to the insurance provisions of any change in any Credit and Collection Policy such policy) that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any the Originator to make) any other material adverse change in any Credit and Collection Policy without giving receiving the prior written notice thereof to consent of the Administrator and each Purchaser AgentAdministrator.
Appears in 6 contracts
Samples: Receivables Purchase Agreement (Ugi Corp /Pa/), Purchase and Sale Agreement (Ugi Corp /Pa/), Receivables Purchase Agreement (Ugi Corp /Pa/)
Change in Business or Credit and Collection Policy. The Seller shall not make (or permit agree with any Originator to make) any change (i) in the character of its business or in any Credit and Collection Policy, or any change (ii) in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit agree with any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser Agent.
Appears in 6 contracts
Samples: Receivables Purchase Agreement (Wesco International Inc), Receivables Purchase Agreement (Wesco International Inc), Receivables Purchase Agreement (Wesco International Inc)
Change in Business or Credit and Collection Policy. The Seller shall will not, and will not make (or permit any Originator to make) to, make any material change in the character of its business or in any its Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser Agent.
Appears in 5 contracts
Samples: Receivables Sale Agreement (Chemtura CORP), Receivables Sale Agreement (Crompton & Knowles Corp), Receivables Sale Agreement (Davis-Standard CORP)
Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any the Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any the Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser AgentAdministrator.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Lesco Inc/Oh), Receivables Purchase Agreement (Royal Appliance Manufacturing Co), Receivables Purchase Agreement (Royal Appliance Manufacturing Co)
Change in Business or Credit and Collection Policy. The Seller shall will not make (or permit any Originator to make) any material adverse change in the character of its business or in and will not, and will not permit any Originator to, make any material adverse change to the Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser Agent.
Appears in 2 contracts
Samples: Receivables Sale Agreement (Ametek Inc/), Receivables Sale Agreement (Ametek Inc/)
Change in Business or Credit and Collection Policy. The Seller shall will not make (or permit any Originator to make) any material change in the character of its business and will not, and except as required by applicable laws, rules or in regulations will not permit the Originator to, make any material change to the Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser Agent.
Appears in 2 contracts
Samples: Receivables Sale Agreement (Great Plains Energy Inc), Receivables Sale Agreement (Great Plains Energy Inc)
Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would reasonably be likely to have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser Administrative Agent.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Moog Inc.), Receivables Purchase Agreement (Moog Inc.)
Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would be reasonably likely to have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other material change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser AgentAdministrator.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Carpenter Technology Corp), Receivables Purchase Agreement (Carpenter Technology Corp)
Change in Business or Credit and Collection Policy. The Seller shall will not make (or permit any Originator to make) any material change in the character of its business or in any its Credit and Collection Policy, or . The Seller will not permit the Originator to make any material change in any its Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser AgentPolicy.
Appears in 2 contracts
Samples: Receivables Sale Agreement (Officemax Inc), Receivables Sale Agreement (Officemax Inc)
Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any the Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any the Originator to make) any other change in any Credit and Collection Policy without giving 30 days’ prior written notice thereof to the Administrator and each Purchaser AgentAdministrator.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Consol Energy Inc), Receivables Purchase Agreement (Consol Energy Inc)
Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser AgentAdministrator.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Commonwealth Industries Inc/De/)
Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator or AGSC to make) any change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator or AGSC to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser Agent.
Appears in 1 contract
Samples: Receivables Purchase Agreement (American Greetings Corp)
Change in Business or Credit and Collection Policy. The Seller shall will not make (or permit any Originator to make) any material change in the character of its business or in and will not, and will not permit the Originator to, make any material change to the Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser Agent.
Appears in 1 contract
Samples: Receivables Sale Agreement (Swift Transportation Co Inc)
Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other material change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser AgentAdministrator.
Appears in 1 contract
Samples: Receivables Purchase Agreement (CSS Industries Inc)
Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any material change in the character of its business or in and shall not, and shall not permit the Originator to, make any material change to the Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser Agent.
Appears in 1 contract
Samples: Receivables Sale Agreement (Hunt J B Transport Services Inc)
Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Pool Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser Agent.
Appears in 1 contract
Samples: Receivables Purchase Agreement (American Greetings Corp)
Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the ReceivablesEffect. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser AgentAdministrator.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Falcon Building Products Inc)
Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator the Originators to make) any change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser Agent.
Appears in 1 contract
Samples: Receivables Purchase Agreement (JLG Industries Inc)
Change in Business or Credit and Collection Policy. The Except as required by applicable Legal Requirements, the Seller shall not make (or permit any the Originator to make) any change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect material adverse effect with respect to the Receivables. The Seller shall not make (or permit any the Originator to make) any other material change in any the Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser Agent.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Louisville Gas & Electric Co /Ky/)
Change in Business or Credit and Collection Policy. The Seller shall will not make (or permit any Originator to make) any material change in the character of its business or in and will not, and will not permit the Originator to, make any Credit and Collection Policy, or any material change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving the prior written notice thereof to approval of the Administrator Agent and each Purchaser Agentthe Instructing Group.
Appears in 1 contract
Samples: Receivables Sale Agreement (Quebecor World Usa Inc)
Change in Business or Credit and Collection Policy. The Seller shall will not make (or permit any Originator to make) any material change in the character of its business or in and will not, and will not permit any Credit and Collection PolicyOriginator to, or make any material change in to any Credit and Collection Policy that would have a Material Adverse Effect with respect could be reasonably expected to materially and adversely affect the Receivables. The Seller shall not make (collectibility of the Receivables or permit any Originator to make) any other change the standard payment terms set forth in any such Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser AgentPolicy.
Appears in 1 contract
Samples: Receivables Sale Agreement (Alliance One International, Inc.)
Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any change in the character of its business or in make or permit any material change to any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall will not make (or permit any Originator change to make) any other change in any Credit and or Collection Policy without giving prior prompt written notice thereof to the Administrator and each Purchaser Administrative Agent.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Amphenol Corp /De/)
Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would be reasonably likely to have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser AgentAdministrator.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Kulicke & Soffa Industries Inc)
Change in Business or Credit and Collection Policy. The Seller shall will not make (or permit any Originator to make) any material change in the character of its business and will not, and will not permit the Originator or in the Servicer to, make any Credit and Collection Policy, or any material change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving the prior written consent of the Administrative Agent and provision of written notice thereof to the Administrator and each Purchaser AgentRating Agencies by the Seller.
Appears in 1 contract
Samples: Receivables Purchase and Servicing Agreement (Bergen Brunswig Corp)
Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser AgentAdministrator.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Werner Holding Co Inc /De/)
Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any the Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any the Originator to make) any other change in any Credit and Collection Policy without giving 30 days' prior written notice thereof to the Administrator and each Purchaser AgentAdministrator.
Appears in 1 contract
Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any material change in the character of its business or in and shall not, and shall not permit either Originator to, make any Credit and Collection Policy, or any material change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving the prior written notice thereof to consent of the Administrator and each Purchaser Agent.
Appears in 1 contract
Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would reasonably be likely to have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser AgentAdministrator.
Appears in 1 contract
