Common use of Defaulting Purchaser Adjustments Clause in Contracts

Defaulting Purchaser Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Purchaser becomes a Defaulting Purchaser, then, until such time as such Purchaser is no longer a Defaulting Purchaser, to the extent permitted by applicable law:

Appears in 5 contracts

Samples: Receivables Purchase Agreement (Rackspace Technology, Inc.), Receivables Purchase Agreement (Mativ Holdings, Inc.), Receivables Purchase Agreement (Exela Technologies, Inc.)

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Defaulting Purchaser Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Purchaser becomes a Defaulting Purchaser, then, until such time as such Purchaser is no longer a Defaulting Purchaser, to the extent permitted by applicable lawLaw:

Appears in 1 contract

Samples: Receivables Purchase Agreement (Kinetik Holdings Inc.)

Defaulting Purchaser Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Purchaser becomes a Defaulting Purchaser, then, until such time as such Purchaser is no longer a Defaulting Purchaser, to the extent permitted by applicable law:: (i) Waivers and Amendments. Such Defaulting Purchaser’s right to approve or disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as specified in the definition of Required Purchasers. (ii)

Appears in 1 contract

Samples: 756399172 Receivables Purchase Agreement (Rackspace Technology, Inc.)

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Defaulting Purchaser Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Purchaser becomes a Defaulting Purchaser, then, until such time as such Purchaser is no longer a Defaulting Purchaser, to the extent permitted by applicable law:: 50

Appears in 1 contract

Samples: Second Lien Note Purchase Agreement (BioScrip, Inc.)

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