Change in Business or Credit and Collection Policy. Without the prior written consent of the Administrator and each Purchaser Agent, the Seller shall not make (or permit the Originators 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 the Originators 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 Agent.
Appears in 7 contracts
Samples: Receivables Purchase Agreement (Peabody Energy Corp), Receivables Purchase Agreement (Peabody Energy Corp), Receivables Purchase Agreement (Peabody Energy Corp)
Change in Business or Credit and Collection Policy. Without The Seller shall not without the prior written consent of the Administrator and each Purchaser Agent, the Seller shall not Agent make (or permit the Originators 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 could have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit the Originators any Originator to make) any other change in to any Credit and Collection Policy without giving 30 days’ prior written notice thereof to the Administrator and each the Purchaser AgentAgents.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Kansas City Power & Light Co)
Change in Business or Credit and Collection Policy. Without the prior written consent of the Administrator and each Purchaser AgentAdministrator, the Seller shall not make (or permit the Originators 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 the Originators 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
Samples: Receivables Purchase Agreement (Peabody Energy Corp)
Change in Business or Credit and Collection Policy. Without the prior written consent of the Administrator and each Purchaser Agent, the Seller shall not make (or permit the Originators 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 the Originators 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 Agent.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Peabody Energy Corp)