Common use of Changes in Rates Clause in Contracts

Changes in Rates. From time to time, upon reasonable request by any Seller or Servicer, the Agent shall notify such Seller or Servicer, in response to such request, as to changes in the Base Rate, the Eurodollar Rate and LIBOR; provided that the failure of such notice to be requested or given shall not waive, preclude, delay or otherwise limit the effectiveness of any such change.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Manitowoc Co Inc), Receivables Purchase Agreement (Manitowoc Co Inc), Receivables Purchase Agreement (Manitowoc Co Inc)

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Changes in Rates. From time to time, upon reasonable request by any Seller or Servicer, the Agent shall notify such Seller or Servicer, in response to such request, as to changes in the Base Rate, the CP Rate, the Eurodollar Rate and LIBOR; provided that the failure of such notice to be requested or given shall not waive, preclude, delay or otherwise limit the effectiveness of any such change.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Manitowoc Co Inc)

Changes in Rates. From time to time, upon reasonable request by any the Seller or Servicer, the Agent shall notify such the Seller or Servicer, in response to such request, as to changes in the Base Rate, the Eurodollar Rate and LIBOR; provided that the failure of such notice to be requested or given shall not waive, preclude, delay or otherwise limit the effectiveness of any such change.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Manitowoc Co Inc)

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Changes in Rates. From time to time, upon reasonable request by any the Seller or any Servicer, the Agent shall notify such the Seller or such Servicer, in response to such request, as to changes in the Base Rate, the Eurodollar Rate and LIBOR; provided that the failure of such notice to be requested or given shall not waive, preclude, delay or otherwise limit the effectiveness of any such change.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Manitowoc Foodservice, Inc.)

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