Optional Liquidation. Upon the occurrence of a Liquidation Event (other than a Liquidation Event described in subsection (e) of Section 10.1), the Administrative Agent shall, at the request, or may with the consent, of any Purchaser Agent, by notice to the Seller declare the Funding Termination Date to have occurred and the Liquidation Period to have commenced.
Appears in 7 contracts
Samples: Receivables Purchase Agreement (Lennox International Inc), Receivables Purchase Agreement (Lennox International Inc), Receivables Purchase Agreement (Lennox International Inc)
Optional Liquidation. Upon Upon, or any time after, the occurrence of a Liquidation an Event of Default (other than a Liquidation an Event of Default described in subsection (e) of Section 10.110.1(e)), the Administrative Agent shall, at the request, or may with the consent, of any Purchaser Agentthe Required Purchasers, by notice to the Seller and Servicer declare the Funding Purchase Termination Date to have occurred and the Liquidation Period to have commencedcommenced and shall have all of the remedies set forth in Section 9.3 or otherwise herein or in equity or at law.
Appears in 5 contracts
Samples: Receivables Purchase Agreement (CHS Inc), Receivables Purchase Agreement (CHS Inc), Omnibus Amendment (CHS Inc)
Optional Liquidation. Upon Upon, or anytime after, the occurrence of a Liquidation an Event of Termination (other than a Liquidation an Event of Termination described in subsection (e) of Section 10.110.1(e)), the Administrative Agent shall, at the request, or may with the consent, of any Purchaser Agentthe Required Purchasers, by notice to the Seller and Master Servicer declare the Funding Purchase Termination Date to have occurred and the Liquidation Period to have commencedcommenced and shall have all of the remedies set forth in Section 9.3 or otherwise herein or in equity or at Law.
Appears in 5 contracts
Samples: Receivables Purchase Agreement (C. H. Robinson Worldwide, Inc.), Receivables Purchase Agreement (C. H. Robinson Worldwide, Inc.), Receivables Purchase Agreement (C. H. Robinson Worldwide, Inc.)
Optional Liquidation. Upon the occurrence of a Liquidation Event (other than a Liquidation Event described in subsection (ed) of Section 10.1), the Administrative Agent shall, at the request, or may with the consent, of any Purchaser Agentthe Purchaser, by notice to the Seller declare the Funding Termination Date to have occurred and the Liquidation Period to have commenced.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Cadmus Communications Corp/New), Receivables Purchase Agreement (Cadmus Communications Corp/New), Receivables Purchase Agreement (Cadmus Communications Corp/New)
Optional Liquidation. Upon the occurrence of a Liquidation Event (other than a Liquidation Event described in subsection (e) of Section 10.1), the Administrative any Agent shall, at the request, or may with the consent, of any Purchaser Agentthe related Purchaser, by notice to the Seller declare the Funding Termination Date to have occurred and the Liquidation Period to have commenced.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Lennox International Inc), Receivables Purchase Agreement (Lennox International Inc)
Optional Liquidation. Upon the occurrence of a Liquidation Event (other than a Liquidation Event described in subsection (ef) of Section 10.110.01), the Administrative Agent shall, at the request, request (or may with the consent, ) of any Purchaser AgentPurchaser, by notice to the Seller Seller, declare the Funding Commitment Termination Date to have occurred and the Liquidation Period to have commencedoccurred.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Fruit of the Loom Inc /De/)
Optional Liquidation. Upon the occurrence of a Liquidation Event (other than a Liquidation Event described in subsection (ef) of Section 10.1), the Administrative Agent Administrator shall, at the request, or may with the consent, of any Purchaser Agenteach Conduit Purchaser, by notice to the Seller declare the Funding Purchase Termination Date to have occurred and the Liquidation Period to have commenced.
Appears in 1 contract
Optional Liquidation. Upon the occurrence of a Liquidation Event (other than a Liquidation Event described in subsection (e) of Section 10.110.1 with respect to the Seller), the Administrative Agent Administrator shall, at the request, or may with the consent, of any Purchaser Agentthe Purchaser, by notice to the Seller declare the Funding Purchase Termination Date to have occurred and the Liquidation Period to have commenced.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Lifestyle Furnishings International LTD)
Optional Liquidation. Upon the occurrence of a Liquidation Event (other than a Liquidation Event described in subsection (e) of Section 10.110.1(e)), the Administrative any Agent shall, at the request, or may with the consent, of any Purchaser Agentthe related Purchaser, by notice to the Seller declare the Funding Purchase Termination Date to have occurred and the Liquidation Period to have commenced.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Georgia Gulf Corp /De/)
Optional Liquidation. Upon the occurrence of a Liquidation Event (other than a Liquidation Event described in subsection (e) of Section 10.1), the Administrative Agent shall, at the request, or may with the consent, of any Purchaser Agentthe Purchaser, by notice to the Seller declare the Funding Termination Date to have occurred and the Liquidation Period to have commenced.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Lennox International Inc)
Optional Liquidation. Upon the occurrence of a Liquidation Event (other than a Liquidation Event described in subsection subsections (ef),(p),(q), (r) or (u) of Section 10.110.01 ), the Administrative Agent shall, at the request, or may with the consent, of any Purchaser AgentPurchaser, by notice to the Seller declare the Funding Purchase Termination Date to have occurred and the Liquidation Period to have commenced.
Appears in 1 contract
Optional Liquidation. Upon the occurrence of a Liquidation Event (other than a Liquidation Event described in subsection (ef) of Section 10.110.01), the Administrative Agent shall, at the request, or may with the consent, of any Purchaser Agentmay, by notice to the Seller Seller, declare the Funding Commitment Termination Date to have occurred and the Liquidation Period to have commencedoccurred.
Appears in 1 contract
Optional Liquidation. Upon the occurrence and during the continuance of a Liquidation Event (other than a Liquidation Event described in subsection (e) of Section 10.1), the Administrative Agent shall, at the request, or may with the consent, of any Purchaser Agentthe Purchaser, by notice to the Seller declare the Funding Termination Date to have occurred and the Liquidation Period to have commenced.
Appears in 1 contract
Optional Liquidation. Upon the occurrence of a Liquidation Event (other than a Liquidation Event described in subsection (e) of Section 10.110.1(e)), the Administrative Agent shall, at the request, or may with the consent, of any Purchaser Agentthe Purchaser, by notice to the Seller declare the Funding Purchase Termination Date to have occurred and the Liquidation Period to have commenced.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Georgia Gulf Corp /De/)
Optional Liquidation. Upon the occurrence of a Liquidation Event (other than a Liquidation Event described in subsection (ef) of Section 10.110.01), the Administrative Agent Administrator and the Relationship Bank shall, at the request, or may with the consent, of any Purchaser AgentPurchaser, by notice to the Seller declare the Funding Purchase Termination Date to have occurred and the Liquidation Period to have commenced.
Appears in 1 contract
