Common use of No Change in Credit and Collection Policy Clause in Contracts

No Change in Credit and Collection Policy. Except as provided in the Receivables Transfer Agreement, the Seller will not make any change in the Credit and Collection Policy, which change might impair the Seller's ability to collect the Receivables, considered as a whole, in any respect.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Mascotech Inc), Receivables Purchase Agreement (Trimas Corp)

AutoNDA by SimpleDocs

No Change in Credit and Collection Policy. Except as provided in the Receivables Transfer Agreement, the The Seller will shall not make any change in to the Credit and Collection Policy, which change might would, in either case, impair the Seller's ability to collect the Receivables, considered as collectability of any Purchased Receivables or otherwise have a whole, in any respectMaterial Adverse Effect.

Appears in 2 contracts

Samples: German Receivables Sale Agreement (Arrow Electronics Inc), English Receivables Sale Agreement (Arrow Electronics Inc)

AutoNDA by SimpleDocs

No Change in Credit and Collection Policy. Except as provided in the Receivables Transfer Agreement, the such Seller will not make any change in the Credit and Collection Policy, which change might impair the such Seller's ability to collect the Receivables, considered as a whole, in any respect.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Metaldyne Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!