Change in Business or Credit and Collection Policy. Make any change in the character of its business or materially alter its Credit and Collection Policy (other than a change to the insurance provisions of any such policy), which change or alteration would, in either case, materially adversely change the credit standing required of particular Obligors or potential Obligors or impair the collectibility of a material portion of Receivables generated by it.
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Samples: Purchase and Sale Agreement (Ugi Corp /Pa/), Purchase and Sale Agreement (Ugi Corp /Pa/), Purchase and Sale Agreement (Ugi Corp /Pa/)
Change in Business or Credit and Collection Policy. (i) Make any change in the character of its business that would reasonably be expected to have a Material Adverse Effect, or materially alter (ii) make any material change in its Credit and Collection Policy, in the case of either (i) or (ii) above, without the prior written consent of the Administrative Agent. No Originator shall make any change in the Credit and Collection Policy (other than a change without giving prior written notice thereof to the insurance provisions of any such policy)Company, which change or alteration would, in either case, materially adversely change the credit standing required of particular Obligors or potential Obligors or impair the collectibility of a material portion of Receivables generated by itAdministrative Agent and each Purchaser.
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Samples: Receivables Purchase Agreement and Purchase and Sale Agreement (Armstrong World Industries Inc), Purchase and Sale Agreement (Armstrong World Industries Inc)
Change in Business or Credit and Collection Policy. Make Except as required by applicable Legal Requirements, make any change in the character of its business or materially alter its Credit and Collection Policy (other than a change to the insurance provisions of any such policy)Policy, which change would have a material adverse effect on the terms and conditions or alteration would, in either case, materially adversely change the credit standing required of particular Obligors or potential Obligors or impair the collectibility of a material portion of Receivables generated by itthe Receivables, or make any other material change in the Credit and Collection Policy without prior written notice to the Administrator and each Purchaser Agent.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Louisville Gas & Electric Co /Ky/), Purchase and Sale Agreement (Louisville Gas & Electric Co /Ky/)
Change in Business or Credit and Collection Policy. Make any change in the character of its business or materially alter its Credit and Collection Policy (other than a change to the insurance provisions of any such policy)Policy, which change or alteration would, in either case, materially adversely change the credit standing required of particular Obligors or potential Obligors or impair impair, in any material respect, the collectibility of a material portion of the Receivables generated by it.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Worthington Industries Inc), Purchase and Sale Agreement (Worthington Industries Inc)
Change in Business or Credit and Collection Policy. Make any change in the character of its business or materially alter its make or consent to any change in the Credit and Collection Policy (other than a change to the insurance provisions of any such policy)Policy, which change or alteration would, in either case, materially adversely change the credit standing required of particular Obligors or potential Obligors or impair the collectibility of have a material portion of Receivables generated by itMaterial Adverse Effect.
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Change in Business or Credit and Collection Policy. Make any change in the Credit and Collection Policy, which change would materially and adversely affect the collectability of the Sold Receivables, the credit quality of the Sold Receivables, the enforceability of the Contracts, or be reasonably expected to have a Material Adverse Effect, in each case other than any change implemented for purposes of complying with federal, state or local laws, regulations, orders or guidelines, or (y) make any change in the character of its business or materially alter its Credit and Collection Policy (other than a change to the insurance provisions of any such policy), which change or alteration would, in either case, materially adversely change the credit standing required of particular Obligors or potential Obligors or impair the collectibility of would be reasonably expected to have a material portion of Receivables generated by itMaterial Adverse Effect.
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Change in Business or Credit and Collection Policy. Make or permit to be made any change in the character of its business or materially alter its in the Credit and Collection Policy (other than a change to the insurance provisions of any such policy)Policy, which change or alteration would, in either case, materially adversely change the credit standing required of particular Obligors or potential Obligors or impair the collectibility collectability of a material any significant portion of the Receivables generated originated by itit or otherwise materially and adversely affect the interests or remedies of the Buyer and its assigns under this Agreement or any other Transaction Document.
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Change in Business or Credit and Collection Policy. Make any change in the character of its business or materially alter its Credit and Collection Policy (other than a change to the insurance provisions of any such policy)Policy, which change or alteration would, would in either case, materially adversely change the credit standing required of particular Obligors or potential Obligors or impair impair, in any material respect the collectibility of a material portion of the Receivables generated by it.
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Change in Business or Credit and Collection Policy. Make any change in the character of its business or materially alter its Credit and Collection Policy (other than a change to the insurance provisions of any such policy)Policy, which change or alteration would, in either case, materially adversely change the credit standing required of particular Obligors or potential Obligors or impair the collectibility of be reasonably likely to have a material portion of Receivables generated by it.Material Adverse Effect,
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Change in Business or Credit and Collection Policy. (i) Make any material change in the character of its business business, which change would impair the collectability of any Receivable, or materially alter (ii) make any change in its Credit and Collection Policy (other than a change that could reasonably be expected to adversely affect the insurance provisions collectability of the Receivables, the credit quality of any such policy)Receivable, which change the enforceability of any related Contract or alteration wouldits ability to perform its obligations under the related Contract or the Transaction Documents, in the case of either caseclause (i) or (ii) above, materially adversely change without the credit standing required prior written consent of particular Obligors or potential Obligors or impair the collectibility of a material portion of Receivables generated by itCompany and the Administrator.
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Samples: Purchase and Sale Agreement (SWIFT TRANSPORTATION Co)