Common use of Change of Manufacturer Category Clause in Contracts

Change of Manufacturer Category. The Administrative Agent, in its sole discretion, may change the Manufacturer Category of any manufacturer or supplier of Floor Plan Units (or add a manufacturer or supplier to, or remove a manufacturer or supplier from, a Manufacturer Category) from time to time pursuant to Section 2.02(e). For purposes of this Section 2.09, a change in the status of a manufacturer or supplier of Floor Plan Units from one Manufacturer Category to another (or the addition of a manufacturer or supplier to, or removal of a manufacturer or supplier from, a Manufacturer Category) shall not impact the principal curtailments applicable pursuant to this Section with respect to any Floor Plan Loans advanced prior to the date of any such change. The principal curtailments under this Section 2.09 applicable to the new Manufacturer Category shall apply to Floor Plan Loans that are advanced on or after the date of such change.

Change of Manufacturer Category. The Administrative Agent, in its sole discretion, may change the Manufacturer Category of any manufacturer or supplier of Floor Plan Units (or add a manufacturer or supplier to, or remove a manufacturer or supplier from, a Manufacturer Category) from time to time pursuant to Section 2.02(e). For purposes of this Section 2.092.07, a change in the status of a manufacturer or supplier of Floor Plan Units from one Manufacturer Category to another (or the addition of a manufacturer or supplier to, or removal of a manufacturer or supplier from, a Manufacturer Category) shall not impact the principal curtailments applicable pursuant to this Section with respect to any Floor Plan Loans advanced prior to the date of any such change. The principal curtailments under this Section 2.09 2.07 applicable to the new Manufacturer Category shall apply to Floor Plan Loans that are advanced on or after the date of such change.