Extension or Amendment of Receivables. Except as provided in this Agreement (including in accordance with the applicable Credit and Collection Guidelines), the Servicer shall not extend the maturity or adjust the Outstanding Balance downward or otherwise modify the payment terms of any Pool Receivable in any material respect, or amend, modify or waive, in any material respect, any term or condition of any related Contract (which term or condition relates to payments under such Contract).
Appears in 12 contracts
Samples: Receivables Financing Agreement (Herc Holdings Inc), Receivables Purchase Agreement (Vistra Corp.), Receivables Financing Agreement (Herc Holdings Inc)
Extension or Amendment of Receivables. Except as otherwise provided in this Agreement (including in accordance with the applicable Credit and Collection Guidelines)Agreement, the Servicer shall not extend the maturity or adjust the Outstanding Balance downward or otherwise modify the payment terms of any Pool Receivable in any material respectReceivable, or amend, modify or waive, in any material respect, waive any term or condition of any related Contract (which term or condition relates to payments under such Contract).
Appears in 3 contracts
Samples: Receivables Participation Agreement (Weirton Steel Corp), Receivables Participation Agreement (Weirton Steel Corp), Receivables Purchase Agreement (Eagle Materials Inc)
Extension or Amendment of Receivables. Except as provided in this Agreement (including in accordance with the applicable Credit and Collection Guidelines)Agreement, the Servicer shall not extend the maturity or adjust the Outstanding Balance downward or otherwise modify the payment terms of any Pool Receivable in any material respect, or amend, modify or waive, in any material respect, any term or condition of any related Contract (which term or condition relates to payments under under, or the enforcement of, such Contract).
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Carpenter Technology Corp), Receivables Purchase Agreement (Carpenter Technology Corp)
Extension or Amendment of Receivables. Except as provided in this Agreement (including in accordance with the applicable Credit and Collection Guidelines)Agreement, the Servicer shall not extend the maturity or adjust the Outstanding Balance downward or otherwise modify the payment terms of any Pool Receivable in any material respect, or amend, modify or waive, in any material respect, any term or condition of any related Contract (which term or condition relates to payments under under, or the enforcement of, such Contract).
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