Waiver of Certain Termination Events in the Receivables Sale Agreement Sample Clauses

Waiver of Certain Termination Events in the Receivables Sale Agreement. As of and subject to the occurrence of the Effective Date (as set forth in Section 5 below), the Agent and the Purchasers hereby waive the occurrence of (1) the following Termination Events to the extent solely arising due to the commencement of the Cxxxxxx 00 Xxxxxxxxxxx: xxxxxxxxxx (x), (x), (x) or, to the extent a Reportable Event arises as a result of the Chapter 11 Proceedings, (m) of the definition of Termination Event in Schedule I to the Receivables Sale Agreement, and (2) each of the Termination Events described in Exhibit A hereto (the Termination Events described in (1) and (2), collectively, the “Specified Termination Events”); it being understood that this waiver of Specified Termination Events does not amend the Receivables Sale Agreement or constitute a waiver of any Termination Events other than the Specified Termination Events. Accordingly, other than with respect to the waiver of the Specified Termination Events, or as otherwise amended pursuant to this Waiver and Amendment, the terms and conditions of the Receivables Sale Agreement and each of the other Transaction Documents remain unchanged and in full force and effect.
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