Common use of Receivables Not To Be Evidenced by Instruments Clause in Contracts

Receivables Not To Be Evidenced by Instruments. The Borrower will take no action to cause any Receivable that is not, as of the Closing Date or the related Funding Date, as applicable, evidenced by an Instrument, to be so evidenced except in connection with the enforcement or collection of such Receivable.

Appears in 9 contracts

Samples: Credit Agreement (Regional Management Corp.), Credit Agreement (Regional Management Corp.), Credit Agreement (Regional Management Corp.)

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Receivables Not To Be Evidenced by Instruments. The Borrower will take no action to cause any Receivable that is not, as of the Closing Date or the related Funding Date, as applicable, evidenced by an Instrument, to be so evidenced except in connection with the enforcement or collection of such Receivable.

Appears in 4 contracts

Samples: Credit Agreement (Regional Management Corp.), Credit Agreement (Regional Management Corp.), Credit Agreement (Regional Management Corp.)

Receivables Not To Be Evidenced by Instruments. The Borrower will take no action to cause any Receivable that is not, as of the Closing Date or the related Funding Date, as applicablethe case may be, evidenced by an Instrument, to be so evidenced except in connection with the enforcement or collection of such Receivable.

Appears in 2 contracts

Samples: Warehouse Agreement (Vroom, Inc.), Warehouse Agreement (Vroom, Inc.)

Receivables Not To Be Evidenced by Instruments. The Borrower will take no action to cause any Receivable that is not, as of the Closing Date or the related Funding Date, as applicable, evidenced by an Instrument, to be so evidenced except in connection with the enforcement or collection of such Receivable.

Appears in 1 contract

Samples: Credit Agreement (Regional Management Corp.)

Receivables Not To Be Evidenced by Instruments. The Borrower will take no action to cause any Receivable that is not, as of the Closing Date or the related Funding Addition Date, as applicablethe case may be, evidenced by an Instrument, to be so evidenced except in connection with the enforcement or collection of such Receivable, if applicable.

Appears in 1 contract

Samples: Warehouse Agreement (Flagship Credit Corp.)

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Receivables Not To Be Evidenced by Instruments. The Borrower will take no action to cause any Receivable that is not, as of the Closing Date or the related Funding Loan Date, as applicable, evidenced by an Instrument, to be so evidenced except in connection with the enforcement or collection of such Receivable.

Appears in 1 contract

Samples: Loan and Security Agreement (DT Acceptance Corp)

Receivables Not To Be Evidenced by Instruments. The Borrower will take no action to cause any Receivable that is not, as of the Closing Date, the Restatement Date or the related Funding Date, as applicable, evidenced by an Instrument, to be so evidenced except in connection with the enforcement or collection of such Receivable.

Appears in 1 contract

Samples: First Tier Purchase Agreement (Regional Management Corp.)

Receivables Not To Be Evidenced by Instruments. The Borrower will take no action to cause any Receivable that is not, as of the Closing Date, the Restatement Date, the Second Restatement Date or the related Funding Date, as applicable, evidenced by an Instrument, to be so evidenced except in connection with the enforcement or collection of such Receivable.

Appears in 1 contract

Samples: Credit Agreement (Regional Management Corp.)

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