Common use of Compliance with Credit and Collection Policy Clause in Contracts

Compliance with Credit and Collection Policy. Originator has complied in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract, and has not made any material change in or material amendment to such Credit and Collection Policy, except such change or amendment as to which Buyer (and the Administrative Agent pursuant to the terms of the Purchase Agreement) has been notified and any necessary consents have been obtained in accordance with Section 4.1(a)(vii).

Appears in 4 contracts

Samples: Receivables Sale Agreement (Marathon Petroleum Corp), Receivables Sale Agreement (Marathon Petroleum Corp), Receivables Sale Agreement (Marathon Petroleum Corp)

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Compliance with Credit and Collection Policy. Such Originator has complied in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract, and has not made any material change in or material amendment to such Credit and Collection Policy, except such material change or amendment as to which Buyer (and the Administrative Agent pursuant to the terms of the Purchase Agreementor its assigns) has been notified and any necessary consents have been obtained in accordance with Section 4.1(a)(vii).

Appears in 3 contracts

Samples: Receivables Sale Agreement (Arch Chemicals Inc), Receivables Sale Agreement (Arch Chemicals Inc), Receivables Sale Agreement (Arch Chemicals Inc)

Compliance with Credit and Collection Policy. Such Originator has complied in all material respects with the its Credit and Collection Policy with regard to each Receivable originated by it and the related Contract, and has not made any material change in or material amendment to such Credit and Collection Policy, except such material change or amendment as to which Buyer (permitted by Section 4.2(c) and in compliance with the Administrative Agent pursuant to the terms of the Purchase Agreement) has been notified and any necessary consents have been obtained notification requirements in accordance with Section 4.1(a)(vii4.1(a)(viii).

Appears in 3 contracts

Samples: Receivables Purchase Agreement (RPM International Inc/De/), Receivables Sale Agreement (RPM International Inc/De/), Receivables Sale Agreement (RPM International Inc/De/)

Compliance with Credit and Collection Policy. Originator Each of the Originators has complied in all material respects with the Credit and Collection Policy in all material respects with regard to each Receivable and the related Contract, and has not made any material change in or material amendment to such Credit and Collection Policy, except such change or amendment as to which the Buyer (and the Administrative Agent pursuant to the terms of the Purchase Agreementor its assigns) has been notified and any necessary consents have been obtained in accordance with Section 4.1(a)(vii4.1(a)(iv).

Appears in 3 contracts

Samples: Omnibus Amendment (COMMERCIAL METALS Co), Receivables Sale Agreement, Receivables Purchase Agreement, Performance Undertaking (Commercial Metals Co), Receivables Sale Agreement (Commercial Metals Co)

Compliance with Credit and Collection Policy. Originator has complied in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract, and has not made any material change in or material amendment to such the Credit and Collection Policy, except any such material change or amendment which has been made in accordance with Section 4.2(c) and as to which Buyer (and the Administrative Agent pursuant to the terms of the Purchase Agreementor its assigns) has been notified and any necessary consents have been obtained in accordance with Section 4.1(a)(vii).

Appears in 2 contracts

Samples: Receivables Sale Agreement (Avnet Inc), Receivables Sale Agreement (Avnet Inc)

Compliance with Credit and Collection Policy. Originator has complied in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract, and has not made any material change in or material amendment to such Credit and Collection Policy, except such change or amendment as permitted under Section 4.2(c) and as to which Buyer (and the Administrative Agent pursuant to the terms of the Purchase Agreementor its assigns) has been notified notified, and any necessary consents have been obtained if applicable, as to which Buyer (or its assigns) has consented, in each case, in accordance with Section 4.1(a)(vii).

Appears in 2 contracts

Samples: Receivables Sale Agreement (Puget Energy Inc /Wa), Receivables Sale Agreement (Puget Sound Energy Inc)

Compliance with Credit and Collection Policy. Originator has complied in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract, and has not made any material change in or material amendment to such Credit and Collection Policy, except such material change or amendment as to which Buyer (and the Administrative Agent pursuant to the terms of the Purchase Agreementor its assigns) has been notified and any necessary consents have been obtained in accordance with Section 4.1(a)(vii).

Appears in 2 contracts

Samples: Receivables Sale Agreement (International Paper Co /New/), Receivables Sale Agreement (Interface Inc)

Compliance with Credit and Collection Policy. Originator has complied in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract, and has not made any material adverse change in or material amendment to such Credit and Collection Policy, Policy except such change or amendment material adverse changes as to which Buyer (and the Administrative Agent pursuant to the terms of the Purchase Agreement) has its assigns have been notified and any necessary consents have been obtained in accordance with Section 4.1(a)(vii)) and have given their prior written consent.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Adc Telecommunications Inc), Receivables Sale Agreement (Adc Telecommunications Inc)

Compliance with Credit and Collection Policy. Such Originator has complied in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract, and has not made any material change in or material amendment to such Credit and Collection Policy, except such material change or amendment as to which the Buyer (and the Administrative Collateral Agent pursuant to and each Managing Agent, as the terms of the Purchase AgreementBuyer's assignees) has have been notified and any necessary consents have been obtained in writing in accordance with Section 4.1(a)(viiSECTION 4.1(a)(7).

Appears in 1 contract

Samples: Receivables Sale Agreement (Pioneer Standard Electronics Inc)

Compliance with Credit and Collection Policy. Such Originator has complied in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract, and has not made any material change in or material amendment to such Credit and Collection Policy, except such material change or amendment as to which Buyer (and the Administrative Agent pursuant to the terms of the Purchase Agreementor its assigns) has been notified and any necessary consents have been obtained in accordance with Section 4.1(a)(vii). xxxvi.

Appears in 1 contract

Samples: Receivables Sale Agreement (Kinder Morgan Inc)

Compliance with Credit and Collection Policy. The Originator has complied in all material respects with the Credit and Collection Policy with regard to each Receivable originated by it and the related Contractwith regard to each Contract with respect to such Receivable, and has not made any material change in or material amendment to such Credit and Collection Policy, except such material change or amendment as to which Buyer (and the Administrative Agent pursuant to the terms of the Purchase Agreementits assigns) has have been notified and any necessary consents have been obtained in accordance with Section 4.1(a)(vii).

Appears in 1 contract

Samples: Receivables Sale Agreement (Universal Health Services Inc)

Compliance with Credit and Collection Policy. Originator -------------------------------------------- has complied in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract, and has not made any material change in or material amendment to such Credit and Collection Policy, except such material change or amendment as to which Buyer (and the Administrative Agent pursuant to the terms of the Purchase Agreementor its assigns) has been notified and any necessary consents have been obtained in accordance with Section 4.1(a)(vii).. -------------------

Appears in 1 contract

Samples: Receivables Sale Agreement (Graybar Electric Co Inc)

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Compliance with Credit and Collection Policy. Originator has complied in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract, and except with respect to changes that could not reasonably be expected to have a Material Adverse Effect, the Originator has not made any material change in or material amendment to such Credit and Collection Policy, except such material change or amendment as to which Buyer (and the Administrative Agent pursuant to the terms of the Purchase Agreementor its assigns) has been notified and any necessary consents have been obtained in accordance with Section 4.1(a)(vii).

Appears in 1 contract

Samples: Receivables Sale Agreement (Beckman Coulter Inc)

Compliance with Credit and Collection Policy. Originator has complied in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract, and has not made any material change in or material amendment to such Credit and Collection Policy, except such material change or amendment as to which Buyer (and the Administrative Agent pursuant to the terms of the Purchase Agreementor its assigns) has been notified and any necessary consents have been obtained in accordance with Section 4.1(a)(vii).

Appears in 1 contract

Samples: Receivables Sale Agreement (Ceridian Corp /De/)

Compliance with Credit and Collection Policy. Such Originator has complied in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract, except to the extent any such failure to comply could have a Material Adverse Effect, and has not made any material change in or material amendment to such Credit and Collection Policy, except such change or amendment as to which Buyer (and the Administrative Agent pursuant to the terms of the Purchase Agreementor its assigns) has been notified and any necessary consents have been obtained in accordance with Section 4.1(a)(vii).

Appears in 1 contract

Samples: Receivables Sale Agreement (Louisiana Pacific Corp)

Compliance with Credit and Collection Policy. Such Originator -------------------------------------------- has complied in all material respects with the its Credit and Collection Policy with regard to each Receivable and the related Contract, and has not made any material change in or material amendment to such Credit and Collection Policy, except such material change or amendment as to which Buyer (and the Administrative Agent pursuant to the terms of the Purchase Agreement) has been notified and any necessary consents have been obtained in accordance with Section 4.1(a)(vii4.1(a)(iii).. -------------------

Appears in 1 contract

Samples: Receivables Sale Agreement (Owens & Minor Inc/Va/)

Compliance with Credit and Collection Policy. Such -------------------------------------------- Originator has complied in all material respects with the its Credit and Collection Policy with regard to each Receivable originated by it and the related Contract, and has not made any material change in or material amendment to such Credit and Collection Policy, except such material change or amendment as to which Buyer (and the Administrative Agent pursuant to the terms of the Purchase Agreementor its assigns) has been notified and any necessary consents have been obtained in accordance with Section 4.1(a)(vii).. -------------------

Appears in 1 contract

Samples: Receivables Sale Agreement (Actuant Corp)

Compliance with Credit and Collection Policy. Such Originator has complied in all material respects with the its Credit and Collection Policy with regard to each Receivable originated by it and the related Contract, and has not made any material change in or material amendment to such Credit and Collection Policy, except such material change or amendment as to which Buyer (and the Administrative Agent pursuant to the terms of the Purchase Agreementor its assigns) has been notified and any necessary consents have been obtained in accordance with Section 4.1(a)(vii).

Appears in 1 contract

Samples: Receivables Sale Agreement (Ralcorp Holdings Inc /Mo)

Compliance with Credit and Collection Policy. Originator has complied in all material respects with the its Credit and Collection Policy with regard to each Receivable of its Receivables and the related ContractContract(s) and Invoice(s), and has not made any material change in or material amendment to such Credit and Collection Policy, except such material change or amendment as to which Buyer (and the Administrative Agent pursuant to the terms of the Purchase Agreementor its assigns) has been notified and any necessary consents have been obtained in accordance with Section 4.1(a)(viiSECTION 4.1(a)(VII).

Appears in 1 contract

Samples: Receivables Sale Agreement (Omnova Solutions Inc)

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