Purchased Contracts. (a) Sell, assign or otherwise encumber any Purchased Contract, except as expressly permitted by the Operative Documents; or (b) Cancel, terminate, amend, modify or waive any term or condition of any Purchased Contract (including the granting of rebates or adjustments with respect thereto), except in accordance with the Credit and Collection Policy.
Appears in 2 contracts
Samples: Credit Agreement (Onyx Acceptance Corp), Triple a One Credit Agreement (Onyx Acceptance Corp)
Purchased Contracts. (a) Sell, assign or otherwise encumber any Purchased Contract, except as expressly permitted by the Operative Documents; or
(b) Cancel, terminate, amend, modify or waive (or cause the cancellation, termination, amendments, modification or waiver of) any term or condition of any Purchased Contract (including the granting of rebates or adjustments with respect thereto), except in accordance with the Credit and Collection Policy.
Appears in 1 contract
Purchased Contracts. (a) Sell, assign or otherwise encumber any Purchased Contract, except as expressly permitted by the Operative Documents; or
(b) Cancel, terminate, amend, modify or waive any term or condition of any Purchased Contract (including the granting of rebates or adjustments with respect thereto), except in accordance with the Credit and Collection Policy.
Appears in 1 contract
Samples: Triple a One Credit Agreement (Onyx Acceptance Corp)
