Common use of Ineligible Receivables Clause in Contracts

Ineligible Receivables. Without the prior written approval of the Company, take any action relating to such Contributed Receivable which to its knowledge would cause, or would permit such Contributed Receivable to cease to be an Eligible Receivable.

Appears in 2 contracts

Samples: European Contribution Agreement (Huntsman International LLC), European Contribution Agreement (Huntsman CORP)

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Ineligible Receivables. Without the prior written approval of the Company, take any action to cause, or which would permit, a Receivable that was designated as an Eligible Receivable on the Payment Date relating to such Contributed Receivable which to its knowledge would cause, or would permit such Contributed Receivable to cease to be an Eligible Receivable, except as otherwise expressly provided by this Agreement.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Lifestyle Furnishings International LTD), Receivables Sale Agreement (Ingram Micro Inc)

Ineligible Receivables. Without the prior written approval of the ---------------------- Company, take any action relating to such Contributed Receivable which to its knowledge would cause, or would permit such Contributed Receivable that was designated as an Eligible Receivable on the Contribution Date, relating to such Receivable to cease to be an Eligible Receivable, except as otherwise expressly provided by this Agreement.

Appears in 2 contracts

Samples: Contribution Agreement (Huntsman Ici Chemicals LLC), Contribution Agreement (Huntsman Ici Holdings LLC)

Ineligible Receivables. Without the prior written approval of the Company, take any action relating to such Contributed Receivable which to its knowledge would cause, or would permit permit, a Receivable that was designated as an Eligible Receivable on the Contribution Date relating to such Contributed Receivable to cease to be an Eligible Receivable, except as otherwise expressly provided by this Agreement.

Appears in 1 contract

Samples: Asset Backed Loan Agreement (Memec Inc)

Ineligible Receivables. Without the prior written approval of the Company, take any action relating to such Contributed Receivable which to its knowledge would cause, or which would permit such Contributed permit, an Eligible Receivable to cease to be an Eligible Receivable, except as otherwise expressly provided by this Agreement.

Appears in 1 contract

Samples: Receivables Sale Agreement (General Cable Corp /De/)

Ineligible Receivables. Without With out the prior written approval of the Company, take any action to cause, or which would permit, a Receivable that was designated as an Eligible Receivable on the Payment Date relating to such Contributed Receivable which to its knowledge would cause, or would permit such Contributed Receivable to cease to be an Eligible Receivable, except as otherwise expressly provided by this Agreement; provided that in no event Receivables Sale Agreement shall an Eligible Receivable becoming a Defaulted Receivable constitute a breach of this Section 6.09.

Appears in 1 contract

Samples: Receivables Sale Agreement (American Axle & Manufacturing Holdings Inc)

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Ineligible Receivables. Without the prior written approval of the Company, take any action relating to such Contributed Receivable which to its knowledge would cause, or would permit such Contributed Receivable to such Receivable to cease to be an Eligible Receivable, except as otherwise expressly provided by this Agreement.

Appears in 1 contract

Samples: Contribution Agreement (Huntsman International LLC)

Ineligible Receivables. Without the prior written approval of the Company, take any action relating to such Contributed Receivable which to its knowledge would cause, or would permit such Contributed Receivable to cease to be an Eligible Receivable, except as otherwise expressly provided by this Agreement.

Appears in 1 contract

Samples: u.s. Contribution Agreement (Huntsman CORP)

Ineligible Receivables. Without the prior written approval of the Company, take any action to cause, or which would permit, a Receivable that was designated as an Eligible Receivable on the Payment Date relating to such Contributed Receivable which to its knowledge would cause, or would permit such Contributed Receivable to cease to be an Eligible Receivable, except as otherwise expressly provided by this Agreement; provided that in no event shall an Eligible Receivable becoming a Defaulted Receivable constitute a breach of this Section 6.09.

Appears in 1 contract

Samples: Receivables Sale Agreement (American Axle & Manufacturing Inc)

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