Optional Liquidation. Upon the occurrence of a Liquidation Event (other than a Liquidation Event described in SUBSECTION (E) of SECTION 10.01), the Administrator shall, at the request, or may with the consent, of Purchaser, by notice to Seller declare the Termination Date to have occurred and the Liquidation Period to have commenced.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (KBK Capital Corp), Receivables Purchase Agreement (KBK Capital Corp), Receivables Purchase Agreement (KBK Capital Corp)
Optional Liquidation. Upon the occurrence of a Liquidation Event (other than a Liquidation Event described in SUBSECTION (Ee) of SECTION 10.0110.1), the Administrator Administrative Agent shall, at the request, or may with the consent, of the 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 (E) of SECTION 10.0110.1(e)), the Administrator Administrative Agent shall, at the request, or may with the consent, of the Purchaser, by notice to the Seller declare the Purchase Termination Date to have occurred and the Liquidation Period to have commenced.
Appears in 1 contract
Samples: Receivables Transfer Agreement (Georgia Gulf Corp /De/)
Optional Liquidation. Upon the occurrence of a and during the continuance of a Liquidation Event (other than a Liquidation Event described in SUBSECTION (Ee) of SECTION 10.01), the Administrator shall, at the request, or may with the consent, of Purchaser, by notice to Seller declare the Purchase Termination Date to have occurred and the Liquidation Period to have commenced.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Standard Products Co)
