Extension or Amendment of Purchased Receivables. Neither Seller nor any Purchaser will amend or extend the payment terms under any Purchased Receivables, unless approved in advance in writing by the applicable Purchaser, and neither of them shall otherwise waive or permit or agree to any deviation from the terms or conditions of any Purchased Receivable without the prior written consent of the applicable Purchaser.
Extension or Amendment of Purchased Receivables. Extend, amend or otherwise modify, or attempt or purport to extend, amend or, otherwise modify, the terms of any Receivables other than in accordance with the Collection Policy and the terms of the Loan Agreement.
Extension or Amendment of Purchased Receivables. Extend, amend, waive or otherwise modify, the terms of any Purchased Receivable or any Contract related thereto, except (i) in accordance with (x) any rule, regulation, ordinance or other directive of the FPSC or (y) the Credit and Collection Policy or (ii) as otherwise permitted hereunder (including, without limitation, any such action permitted to be taken by the Originator).
Extension or Amendment of Purchased Receivables. Except as provided in Section 6.02(c), each Seller will not extend, amend or otherwise modify the terms of any Purchased Receivable, or amend, modify or waive any term or condition of any Contract related thereto.
Extension or Amendment of Purchased Receivables. Such Seller shall not amend or extend the payment terms or maturity date under any Purchased Receivables or otherwise waive or permit or agree to any deviation from the terms or conditions of any Purchased Receivable (whether with the Account Debtor, any creditor of such Seller, any creditor of the Account Debtor or otherwise), in each case, without the prior written consent of the Purchaser; provided that any Servicer may, prior to a Servicer Replacement Event or other Trigger Event, agree to accept certain Dilutions by an Account Debtor of such Purchased Receivable in accordance with such Servicer’s standard collection policies and procedures if and to the extent the Servicer or related Seller pays the Dilution and any Dispute amounts with respect thereto to the Purchaser pursuant to and in accordance with Section 5(a), provided, further that in no event shall such Seller extend the Due Date of any Purchased Receivable without the Purchaser’s prior written consent; provided further, that notwithstanding the foregoing and so long as no Servicer Replacement Event or other Trigger Event has occurred and is continuing at such time, such Seller may extend such Due Date without the Purchaser’s written consent in connection with a customer accommodation so long as (i) such Purchased Receivable is repurchased and the Repurchase Price paid by Seller on or prior to the effectiveness of such customer accommodation, and (ii) the total face amount of all Purchased Receivables as to which any such extension is provided shall not exceed, in aggregate for any calendar year, an amount equal to (A) for calendar year 2022, 10% of the highest previous Outstanding Purchase Price during such calendar year, and (B) for calendar years after 2022, 10% of the highest previous Outstanding Purchase Price during the trailing twelve month period immediately preceding the effective date of such customer accommodation.
Extension or Amendment of Purchased Receivables. Extend, ----------------------------------------------- amend or otherwise modify the terms of any Purchased Receivable, or amend, modify or waive any term or condition of any Contract related thereto or permit the Servicer (if the Seller or an Affiliate of the Seller is then the Servicer) to do any of the foregoing except in the normal course of the Seller's business and in accordance with the Credit and Collection Policy or pursuant to subsection 7.1(b)(iv)(x) (each, a "Modification"); provided that: ------------ --------
Extension or Amendment of Purchased Receivables. Extend, amend, waive or otherwise modify, the terms of any Purchased Receivable or any Contract related thereto, except (i) in accordance the Credit and Collection Policy or (ii) as otherwise permitted hereunder (including, without limitation, any such action permitted to be taken by the Originator).
Extension or Amendment of Purchased Receivables. It shall not amend or extend the payment terms under any Purchased Receivables or otherwise waive or permit or agree to any deviation from the terms or conditions of any Purchased Receivable (whether with the Account Debtor, any creditor of such Seller, any creditor of the Account Debtor or otherwise), in each case, without the prior written consent of the Purchaser.
Extension or Amendment of Purchased Receivables. The Originator shall, at its expense, timely and fully perform and comply in all material respects with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Purchased Receivables, and timely and fully comply in all material respects with the Credit and Collection Policy with regard to each Purchased Receivable and the related Contract.
Extension or Amendment of Purchased Receivables. Except as expressly contemplated by the Credit and Collection Policy and/or the Additional Credit Guidelines, compromise, extend, release or adjust payments on any Contracts or Receivables, accept a conveyance of a Financed Vehicle in full or partial satisfaction of any Contract or Receivable, or release the Lien noted on any Title to any Financed Vehicle securing any Receivable, or allow the Servicer to do any of the foregoing.
