Common use of Performance and Compliance with Contracts and Credit and Collection Policy Clause in Contracts

Performance and Compliance with Contracts and Credit and Collection Policy. The Borrower will, at its expense, (i) timely and fully perform and comply in all material respects with all provisions, covenants and other promises (if any) required to be observed by it under the Contracts related to the Pool Receivables in the same manner as if this Agreement did not exist and (ii) timely and fully comply in all material respects with the Credit and Collection Policy (as amended from time to time in accordance with the terms hereof).

Appears in 3 contracts

Samples: Receivables Loan Agreement (TRW Automotive Inc), Receivables Loan Agreement (TRW Automotive Inc), Receivables Loan Agreement (TRW Automotive Holdings Corp)

AutoNDA by SimpleDocs

Performance and Compliance with Contracts and Credit and Collection Policy. The Borrower will, at its expense, (i) timely and fully perform and comply in all material respects with all provisions, covenants and other promises (if any) required to be observed by it under the Contracts related to the Pool Receivables in the same manner as if this Agreement did not exist Transferred Assets and (ii) timely and fully comply in all material respects with the Credit and Collection Policy (as amended from time in regard to time in accordance with each Receivable and the terms hereof)related Contract.

Appears in 2 contracts

Samples: Receivables Financing Agreement (Hayes Lemmerz International Inc), Receivables Financing Agreement (Hayes Lemmerz International Inc)

Performance and Compliance with Contracts and Credit and Collection Policy. The Borrower will, at its expense, (i) timely and fully perform and comply in with all material respects with all provisions, covenants and other promises (if any) required to be observed by it under the Contracts related to the Pool Receivables in the same manner as if this Agreement did not exist Transferred Assets and (ii) timely and fully comply in all material respects with the Credit and Collection Policy (as amended from time in regard to time in accordance with each of the terms hereof)Transferred Assets and the related Contract.

Appears in 1 contract

Samples: Credit Agreement (Rite Aid Corp)

Performance and Compliance with Contracts and Credit and Collection Policy. The Borrower willshall, at its expense, (i) timely and fully perform and comply in all material respects with all provisions, covenants and other promises (if any) required to be observed by it under the Contracts related to the Pool Receivables in the same manner as if this Agreement did not exist Receivables, and (ii) timely and fully comply (or cause the Servicer to timely and fully comply) in all material respects with the Credit and Collection Policy (as amended from time with regard to time in accordance with each Pool Receivable and the terms hereof)related Contract.

Appears in 1 contract

Samples: Receivables Loan Agreement (Elanco Animal Health Inc)

AutoNDA by SimpleDocs

Performance and Compliance with Contracts and Credit and Collection Policy. The Borrower will, at its expense, (i) timely and fully perform and comply in with all material respects with all provisions, covenants and other promises (if any) required to be observed by it under the Contracts related to the Pool Receivables in the same manner as if this Agreement did not exist Transferred Assets and (ii) timely and fully comply in all material respects with the Credit and Collection Policy (as amended from time in regard to time in accordance with each Transferred Assets and the terms hereof)related Contract.

Appears in 1 contract

Samples: Receivables Financing Agreement (Rite Aid Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!