Common use of Terminate or Reject Contracts Clause in Contracts

Terminate or Reject Contracts. Without limiting Section 5.03(b), terminate or reject any Contract prior to the term of such Contract, whether such rejection or early termination is made pursuant to an equitable cause, statute, regulation, judicial proceeding or other applicable law (including, without limitation, Section 365 of the Bankruptcy Code), unless prior to such termination or rejection, the Seller pays the Collateral Agent, for the benefit of Triple-A, an amount equal to the Termination Amount owed with respect thereto.

Appears in 2 contracts

Samples: Lease Receivables Purchase Agreement (HPSC Inc), Lease Receivables Purchase Agreement (HPSC Inc)

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Terminate or Reject Contracts. Without limiting Section 5.03(b), terminate or reject any Contract prior to the term of such Contract, whether such rejection or early termination is made pursuant to an equitable cause, statute, regulation, judicial proceeding or other applicable law (including, without limitation, Section 365 of the Bankruptcy Code), unless prior to such termination or rejection, the Seller pays the Collateral Agent, for the benefit of Triple-Athe Purchasers, an amount equal to the Termination Amount owed with respect thereto.

Appears in 1 contract

Samples: Lease Receivables Purchase Agreement (HPSC Inc)

Terminate or Reject Contracts. Without limiting Section SECTION 5.03(b), terminate or reject any Contract prior to the term of such Contract, whether such rejection or early termination is made pursuant to an equitable cause, statute, regulation, judicial proceeding or other applicable law (including, without limitation, Section 365 of the Bankruptcy Code), unless prior to such termination or rejection, the Seller pays the Collateral Agent, for the benefit of Triple-A, an amount equal to the Termination Amount owed with respect thereto.

Appears in 1 contract

Samples: Lease Receivables Purchase Agreement (HPSC Inc)

Terminate or Reject Contracts. Without limiting Section 5.03(b), terminate or reject any Contract prior to the term of such Contract, whether such rejection or early termination is made pursuant to an equitable cause, statute, regulation, judicial proceeding or other applicable law (including, without limitation, Section 365 of the Bankruptcy Code), unless unless, in the case of a Practice Finance Loan, prior to such termination or rejection, the Seller pays the Collateral Deal Agent, for the benefit of Triple-AEagleFunding, an amount equal to the Termination Amount owed with respect thereto.

Appears in 1 contract

Samples: Lease Receivables Purchase Agreement (HPSC Inc)

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Terminate or Reject Contracts. Without limiting Section SECTION 5.03(b)) and except as otherwise expressly permitted pursuant to SECTION 2.05, terminate or reject any Contract prior to the term of such Contract, whether such rejection or early termination is made pursuant to an equitable cause, statute, regulation, judicial proceeding or other applicable law (including, without limitation, Section 365 of the Bankruptcy Code), unless prior to such termination or rejection, the Seller pays shall have paid to the Collateral Agent, for the benefit of Triple-A, Buyer an amount equal to the Termination Amount owed with respect theretothereof.

Appears in 1 contract

Samples: Purchase and Contribution Agreement (HPSC Inc)

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