Common use of Negative Covenants of Seller Clause in Contracts

Negative Covenants of Seller. Seller covenants and agrees that, without the prior written consent of Buyer, from and after the Closing Date and until the date after the Agreement Termination Date when the Outstanding Balances of all Transferred Receivables transferred hereunder prior to such Agreement Termination Date have been reduced to zero:

Appears in 4 contracts

Samples: Receivables Sale Agreement, Receivables Sale Agreement, Receivables Purchase and Contribution Agreement (GE Capital Credit Card Master Note Trust)

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Negative Covenants of Seller. Seller severally covenants and agrees that, without the prior written consent of Buyer, from and after the Closing Date (or the relevant Transfer Date, as applicable) and until the date after the Agreement Termination Date when the Outstanding Balances of all Transferred Receivables transferred hereunder prior to such Agreement Termination Date have been reduced to zero:

Appears in 3 contracts

Samples: Receivables Purchase and Contribution Agreement (CDF Funding, Inc.), Receivables Purchase and Contribution Agreement (CDF Funding, Inc.), Receivables Purchase and Contribution Agreement (CDF Funding, Inc.)

Negative Covenants of Seller. Each Seller severally covenants and agrees that, without the prior written consent of Buyer, from and after the Closing Date (or the relevant Transfer Date, as applicable) and until the date after the Agreement Termination Date (or, if applicable, the Seller Termination Date relating to such Seller) when the Outstanding Balances of all Transferred Receivables transferred hereunder by such Seller prior to such Agreement Termination Date (or, if applicable, the Seller Termination Date relating to such Seller) have been reduced to zero:

Appears in 2 contracts

Samples: Receivables Sale Agreement (CDF Funding, Inc.), Receivables Sale Agreement (CDF Funding, Inc.)

Negative Covenants of Seller. Seller covenants and agrees that, without the prior written consent of Buyer, from and after the Closing Date and until the date after the Agreement Termination Date when the Outstanding Balances outstanding balances of all Transferred Receivables transferred hereunder prior to such Agreement Termination Date have been reduced to zero:

Appears in 2 contracts

Samples: Nbcu Receivables Sale and Contribution Agreement (NBCUniversal Media, LLC), Nbcu Receivables Sale and Contribution Agreement (NBCUniversal Media, LLC)

Negative Covenants of Seller. Seller covenants and agrees that, without the prior written consent of Buyer, from and after the Closing Initial Transfer Date and until the date after the Agreement Termination Date when the Outstanding Balances of all Transferred Receivables transferred hereunder prior to such Agreement Termination Date have been reduced to zero:

Appears in 2 contracts

Samples: Receivables Sale Agreement (Synchrony Card Issuance Trust), Receivables Sale Agreement

Negative Covenants of Seller. Seller severally covenants and agrees that, without the prior written consent of Buyer, from and after the Closing Date (or the relevant Transfer Date, as applicable) and until the date after the Agreement Termination Date when the Outstanding Balances outstanding amounts of all Transferred Receivables transferred hereunder prior to such Agreement Termination Date have been reduced to zero:

Appears in 1 contract

Samples: Receivables Purchase and Contribution Agreement (CDF Funding, Inc.)

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Negative Covenants of Seller. Seller covenants and agrees that, without the prior written consent of Buyer, from and after the Closing Date and until the date after the Agreement Termination Date when the Outstanding Balances Principal Amounts of all Transferred Receivables Participation Interests transferred hereunder prior to such Agreement Termination Date have been reduced to zero:

Appears in 1 contract

Samples: Participation Interest Sale Agreement (Synchrony Financial)

Negative Covenants of Seller. Each Seller severally covenants and agrees that, without the prior written consent of Buyer, from and after the Closing Date (or the relevant Transfer Date, as applicable) and until the date after the Agreement Termination Date (or, if applicable, the Seller Termination Date relating to such Seller) when the Outstanding Balances outstanding amounts of all Transferred Receivables transferred hereunder by such Seller prior to such Agreement Termination Date (or, if applicable, the Seller Termination Date relating to such Seller) have been reduced to zero:

Appears in 1 contract

Samples: Receivables Sale Agreement (CDF Funding, Inc.)

Negative Covenants of Seller. Seller covenants and agrees that, without the prior written consent of BuyerXxxxx, from and after the Closing Date and until the date after the Agreement Termination Date when the Outstanding Balances of all Transferred Receivables transferred hereunder prior to such Agreement Termination Date have been reduced to zero:

Appears in 1 contract

Samples: Receivables Sale Agreement

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