Permitted Receivables Securitization Facility definition
Permitted Receivables Securitization Facility means any transaction or series of related transactions providing for the financing of any Receivables; provided that any such transaction shall be consummated on terms that include terms substantially as described on Schedule 1.03 or as the Required Lenders may otherwise consent, such consent not to be unreasonably withheld.
Examples of Permitted Receivables Securitization Facility in a sentence
Other than in connection with any Permitted Receivables Securitization Facility or in the ordinary course of business and not for purposes of speculation, the Company will not, and will not permit any of its Subsidiaries to, enter into any Hedging Agreements.
Liens permitted by section 10.2. Permitted Receivables Securitization Facility.
As at any particular date, any Subsidiary (other than a Subsidiary engaged solely in the business of incurring Indebtedness or a Receivables Subsidiary or other Subsidiary formed in connection with any Permitted Receivables Securitization Facility) of the Company actively engaged in the conduct of business.