Notice of Material Adverse Change. Promptly upon any Responsible Officer of the Servicer becoming aware thereof, the Servicer shall give the Administrator (which shall promptly forward a copy to each Purchaser Agent) notice of any material adverse change in the business, operations or financial condition of the Servicer which reasonably could affect adversely the collectibility of the Receivables or the ability of the Servicer to perform its obligations under this Agreement.
Appears in 7 contracts
Samples: Receivables Purchase Agreement (Amerisourcebergen Corp), Receivables Purchase Agreement (Cencora, Inc.), Receivables Purchase Agreement (Amerisourcebergen Corp)
Notice of Material Adverse Change. Promptly upon any Responsible Officer of the Servicer becoming aware thereof, the Servicer shall give the Administrator Agent (which shall promptly forward a copy to each Purchaser Agent) notice of any material adverse change in the business, operations or financial condition of the Servicer which reasonably could be expected to materially adversely affect adversely the collectibility of the Receivables or the ability of the Servicer to perform its obligations under this Agreement.
Appears in 4 contracts
Samples: Receivables Purchase Agreement (Henry Schein Inc), Receivables Purchase Agreement (Henry Schein Inc), Receivables Purchase Agreement (Henry Schein Inc)
Notice of Material Adverse Change. Promptly upon any Responsible Officer of the Servicer becoming aware thereof, the Servicer shall give the Administrator (which shall promptly forward a copy to each Purchaser Agent) Administrative Agent and the Managing Agents written notice of any material adverse change in the business, operations or financial condition of the Servicer which reasonably could affect adversely the collectibility of the Purchased Receivables or the ability of to service the Purchased Receivables. In order to verify compliance with this Section 9.01(b), the Servicer shall furnish the following to perform its obligations under this Agreement.the Administrative Agent and the Managing Agents:
Appears in 1 contract
Samples: Receivables Purchase Agreement (Commercial Metals Co)
Notice of Material Adverse Change. Promptly upon any Responsible Officer of the Servicer becoming aware thereof, the Servicer shall give the Administrator (which shall promptly forward a copy to each Purchaser Agent) notice of any material adverse change in the business, operations or financial condition of the Servicer which reasonably could affect adversely the collectibility of the Receivables or the ability of the Servicer to perform its obligations under this Agreement.. (c)
Appears in 1 contract
Samples: Receivables Purchase Agreement (Amerisourcebergen Corp)
Notice of Material Adverse Change. Promptly upon any Responsible Officer of the Servicer becoming aware thereof, the Servicer shall give the Administrator (which shall promptly forward a copy to each Purchaser Agent) Administrative Agent and the Managing Agents written notice of any material adverse change in the business, operations or financial condition of the Servicer which reasonably could affect adversely the collectibility of the Purchased Receivables or the ability of to service the Purchased Receivables. In order to verify compliance with this Section 9.03(b), the Servicer shall furnish the following to perform its obligations under this Agreement.the Administrative Agent and the Managing Agents:
Appears in 1 contract
Samples: Receivables Purchase Agreement (Commercial Metals Co)
Notice of Material Adverse Change. Promptly upon any Responsible --------------------------------- Officer of the Servicer becoming aware thereof, the Servicer shall give the Administrator (which shall promptly forward a copy to each Purchaser Agent) Administrative Agent notice of any material adverse change in the business, operations or financial condition of the Servicer which reasonably could affect adversely the collectibility of the Receivables or the ability of the Servicer to perform its obligations under this Agreement.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Amerisource Distribution Corp)
Notice of Material Adverse Change. Promptly upon any Responsible Officer of the Servicer becoming aware thereof, the Servicer shall give the Administrator (which shall promptly forward a copy to and each Purchaser Agent) Buyer Agent notice of any material adverse change in the business, operations or financial condition of the Servicer which reasonably could affect adversely the collectibility of the Purchased Receivables or the ability of to service the Purchased Receivables. In order to verify compliance with this Section 9.03(b), the Servicer shall furnish the following to perform its obligations under this Agreement.the Administrator and each Buyer Agent:
Appears in 1 contract
Samples: Receivables Purchase Agreement (Volt Information Sciences, Inc.)
