Common use of Changes to Credit and Collection Policy Clause in Contracts

Changes to Credit and Collection Policy. The Borrower will not make any material change in the Credit and Collection Policy without the prior written consent of the Administrative Agent and the LC Bank, which consent shall not be unreasonably withheld, conditioned or delayed. Promptly following any change in the Credit and Collection Policy, the Borrower will deliver a copy of the updated Credit and Collection Policy to the Administrative Agent and the LC Bank.

Appears in 2 contracts

Samples: Receivables Financing Agreement (Davey Tree Expert Co), Receivables Financing Agreement (Davey Tree Expert Co)

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Changes to Credit and Collection Policy. The Borrower will not make any material change in the Credit and Collection Policy without the prior written consent of the Administrative Agent and and, the LC BankBank and Required Program Participants, which consent shall not be unreasonably withheld, conditioned or delayed. Promptly following any change in the Credit and Collection Policy, the Borrower will deliver a copy of the updated Credit and Collection Policy to the Administrative Agent and and, the LC BankBank and each Program Participant.

Appears in 1 contract

Samples: Receivables Financing Agreement (Davey Tree Expert Co)

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Changes to Credit and Collection Policy. The Borrower will not make any material change in the Credit and Collection Policy without the prior written consent of the Administrative Agent and Agent, the LC BankBank and Required Program ParticipantsLenders, which consent shall not be unreasonably withheld, conditioned or delayed. Promptly following any change in the Credit and Collection Policy, the Borrower will deliver a copy of the updated Credit and Collection Policy to the Administrative Agent and Agent, the LC BankBank and each Program ParticipantLender.

Appears in 1 contract

Samples: Receivables Financing Agreement (Davey Tree Expert Co)

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