Permissive Seller Termination Date definition

Permissive Seller Termination Date. As defined in Section 9.3(b) hereof.
Permissive Seller Termination Date has the meaning specified in Section 7.03(b).

Examples of Permissive Seller Termination Date in a sentence

  • From and after any Permissive Seller Termination Date, the Company shall cease buying Receivables and other Related Rights from the related Seller.

  • Each such Seller shall be released as a Seller party hereto for all purposes and shall cease to be a party hereto on the date that is the later of (i) 90 days after the Permissive Seller Termination Date and (ii) the date on which all amounts outstanding with respect to Receivables previously sold by such Seller to the Company have been collected or written off in accordance with the Credit and Collection Policy of such Seller.

  • From and after any Permissive Seller Termination Date, the Buyer shall cease buying Receivables Assets from the related Seller.

  • The Seller will not enter into any amendment or modification of, or supplement to, the Sale Agreement or the Seller's certificate of incorporation; provided, however, that subject to compliance with the provisions of the Sale Agreement, amendments to the Sale Agreement to reflect a Mandatory Seller Termination Date or a Permissive Seller Termination Date may be made with the consent of the Administrative Agent.

  • The "Sale Termination Date" shall be the earlier to occur of (i) with respect to a particular Seller, the date (if any) that is such Seller's Mandatory Seller Termination Date or Permissive Seller Termination Date and (ii) the Termination Date under the Receivables Purchase Agreement.

  • In connection with any such Mandatory Seller Termination Date or Permissive Seller Termination Date, the Administrative Agent may in its sole discretion amend Section 10.1(g), (h), or (i), and/or any component definitions thereof, by written notice to the Seller Parties, which amendment shall be effective as of the Cut-Off Date immediately succeeding any such Mandatory Seller Termination Date or Permissive Seller Termination Date.

  • To permit officers, servants and agents of the FRANCHISER during normal business hours to inspect the Premises and observe the running of the franchise, to ensure compliance with all terms and conditions agreed upon between the Parties.

  • From and after any Permissive Seller Termination Date, the Buyer shall cease buying Receivables, Related Security and Collections from such Seller.

Related to Permissive Seller Termination Date

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Offering Termination Date means the last day of each March, June, September and December following an Offering Commencement Date, or such other Offering Termination Date established in connection with a Terminating Event.

  • Purchase and Sale Termination Date has the meaning set forth in Section 1.4 of the Sale Agreement.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Standstill Termination Date means the earlier of (i) the first anniversary of the Board Rights Termination Date and (ii) the later of (A) the third anniversary of this Agreement or (B) the first anniversary of the date on which both the Purchaser Designated Director has resigned from the Board and the Purchaser has permanently waived and renounced the Purchaser’s Board observation rights and Board designation rights in Section 1 and Section 2 of this Agreement.

  • Agreement Termination Date is defined in Section 7.4.

  • Existing Termination Date as defined in Section 2.18.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Lease Termination Date means the last day of the Lease Term.

  • Senior Termination Date For each Senior Certificate Group, the Distribution Date on which the aggregate Class Certificate Balance of the related Classes of Senior Certificates has been reduced to zero.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Purchase and Sale Termination Event has the meaning set forth in Section 8.1 of the Sale Agreement.

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Termination Time means the time at which the right to exercise Rights shall terminate pursuant to Section 5.1 hereof.

  • Anticipated Termination Date Any Distribution Date on which it is anticipated that the Trust Fund will be terminated pursuant to Section 9.01(c) of this Agreement.

  • Company Termination Event has the meaning set forth in Section 10 hereof.

  • Revolver Termination Date means the date that is the four (4) year anniversary of the Restatement Effective Date, unless extended with the consent of each Lender in its sole and absolute discretion.

  • Event Termination Date See Section 2(e) hereof.

  • Funding Termination Date means the Business Day immediately preceding the ------------------------ Remittance Date occurring in the calendar month that is the third calendar month following the calendar month of the Closing Date, or November 30, 2001.

  • Servicer Termination Notice Defined in Section 6.15.