Termination of Credit Agreement. The Collection Agent shall notify the Administrative Agent and each Purchaser Agent of the termination of the Credit Agreement by the lenders thereunder as soon as reasonably practicable, but in any event within one (1) Business Day of the earlier of receipt by the Collection Agent or the Originator of notice of such termination and the effectiveness of such termination.
Appears in 5 contracts
Samples: Receivables Purchase Agreement and Purchase and Contribution Agreement (United Rentals North America Inc), Assignment and Acceptance Agreement (United Rentals North America Inc), Receivables Purchase Agreement (United Rentals North America Inc)
Termination of Credit Agreement. The Collection Agent shall notify the Administrative Agent and each Purchaser Agent of the termination of the Credit Agreement by the lenders thereunder as soon as reasonably practicable, but in any event within one (1) Business Day of the earlier of receipt by the Collection Agent or the Originator of notice of such termination and the effectiveness of such termination.
Appears in 3 contracts
Samples: Assignment and Acceptance Agreement and Amendment (United Rentals North America Inc), Receivables Purchase Agreement (United Rentals North America Inc), Receivables Purchase Agreement (United Rentals North America Inc)
Termination of Credit Agreement. The Collection Agent shall notify the Administrative Agent and each Purchaser Agent of the termination of the Credit Agreement by the lenders thereunder as soon as reasonably practicable, but in any event within one (1) Business Day of the earlier of receipt by the Collection Agent or the any Originator of notice of such termination and the effectiveness of such termination.
Appears in 3 contracts
Samples: Receivables Purchase Agreement (United Rentals Inc /De), Receivables Purchase Agreement (United Rentals North America Inc), Omnibus Amendment (United Rentals Inc /De)
