Notice of Termination Event. Promptly upon becoming aware of any Termination Event or Potential Termination Event, the Servicer shall give the Buyer notice thereof, together with a written statement of a Responsible Officer setting forth the details thereof and any action with respect thereto taken or contemplated to be taken by the Servicer.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Volt Information Sciences Inc), Receivables Purchase Agreement (Commercial Metals Co)
Notice of Termination Event. Promptly upon becoming aware of any Termination Event or Potential Termination Event, the Servicer shall give the Buyer Administrative Agent and the Managing Agents written notice thereof, together with a written statement of a Responsible Officer setting forth the details thereof and any action with respect thereto taken or contemplated to be taken by the Servicer.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Commercial Metals Co), Receivables Purchase Agreement (Commercial Metals Co)
Notice of Termination Event. Promptly upon becoming aware of any Termination Event, Potential Termination Event or Potential Termination EventServicer Default, the Seller and the Servicer shall give the Buyer Administrative Agent notice thereof, together with a written statement of a Responsible Officer setting forth the details thereof and any action with respect thereto taken or contemplated to be taken by the Seller or the Servicer.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Lexmark International Group Inc)
Notice of Termination Event. Promptly upon becoming aware of any Termination Event or Potential Termination Event, the Servicer shall give the Administrator and each Buyer Agent notice thereof, together with a written statement of a Responsible Officer setting forth the details thereof and any action with respect thereto taken or contemplated to be taken by the Servicer.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Volt Information Sciences, Inc.)
