Common use of Optional Liquidation Clause in Contracts

Optional Liquidation. Upon, or any time after, the occurrence of an Event of Default (other than an Event of Default described in Section 10.1(e)), Administrative Agent shall, at the request, or may with the consent, of the Required Purchasers, by notice to Seller and Servicer declare the Purchase Termination Date to have occurred and the Liquidation Period to have commenced 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), Receivables Purchase Agreement (CHS Inc)

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Optional Liquidation. Upon, or any time anytime after, the occurrence of an Event of Default Termination (other than an Event of Default Termination described in Section 10.1(e)), Administrative Agent shall, at the request, or may with the consent, of the Required Purchasers, by notice to Seller and Master Servicer declare the Purchase Termination Date to have occurred and the Liquidation Period to have commenced and shall have all of the remedies set forth in Section 9.3 or otherwise herein or in equity or at lawLaw.

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, or any time after, the occurrence of an Event of Default (other than an Event of Default described in Section 10.1(e)), Administrative Agent shall, at the request, or may with the consent, of the Required Purchasers, by notice to Seller and Servicer declare the Purchase Termination Date to have occurred and the Liquidation Period to have commenced and shall have all of the remedies set forth in Section 9.3 or otherwise herein or in equity or at law.. 62 753697831

Appears in 1 contract

Samples: Receivables Purchase Agreement (CHS Inc)

Optional Liquidation. Upon, or any time after, the occurrence of an Event of Default Termination (other than an Event of Default Termination described in Section 10.1(e)), Administrative Agent shall, at the request, or may with the consent, of the Required Purchasers, by notice to Seller and Servicer declare the Purchase Termination Date to have occurred and the Liquidation Period to have commenced and shall have all of the remedies set forth in Section 9.3 or otherwise herein or in equity or at law.

Appears in 1 contract

Samples: Receivables Purchase Agreement (CHS Inc)

Optional Liquidation. Upon, or any time anytime after, the occurrence of an Event of Default that has not been waived in accordance with the terms of this Agreement (other than an Event of Default described in subsection (d) of Section 10.1(e)10.1), Administrative Agent shall, at the request, or may with the consent, of the Required PurchasersPurchaser Agents, by notice to Seller and Servicer declare the Purchase Termination Date to have occurred and the Liquidation Period to have commenced and shall have all of the remedies set forth in Section 9.3 or otherwise herein or in equity or at lawLaw.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Mylan Inc.)

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Optional Liquidation. Upon, or any time anytime after, the occurrence of an Event of Default that has not been waived in accordance with the terms of this Agreement (other than an Event of Default described in subsection (d) of Section 10.1(e)10.1), Administrative Agent shall, at the request, or may with the consent, of the Required PurchasersPurchaser Agents, by notice to Seller and Servicer declare the Purchase Termination Date to have occurred and the Liquidation Period to have commenced and shall have all of the remedies set forth in Section 9.3 10.2 or otherwise herein or in equity or at lawLaw.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Mylan Inc.)

Optional Liquidation. Upon, or any time anytime after, the occurrence of an Event of Default (other than an Event of Default described in Section 10.1(e)), Administrative Agent shall, at the request, or may with the consent, of the Required Purchasers, by notice to Seller and Servicer declare the Purchase Termination Date to have occurred and the Liquidation Period to have commenced and shall have all of the remedies set forth in Section 9.3 or otherwise herein or in equity or at law.

Appears in 1 contract

Samples: Receivables Financing Agreement (CHS Inc)

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