Common use of Rights under the Purchase Agreement Clause in Contracts

Rights under the Purchase Agreement. From and after the Term Loan Commitment Termination Date, direct, instruct, or request any lawful action under the Purchase Agreement, including without limitation, in connection with enforcement of its rights thereunder, as instructed by the Lender; provided, however, that both before and after the Term Loan Commitment Termination Date, the Borrower shall deliver any lawful notice as directed by the Lender, the delivery of which is a condition precedent to any “Purchase Termination Event” under (and as defined in) the Purchase Agreement.

Appears in 5 contracts

Samples: Loan and Servicing Agreement (Drivetime Automotive Group Inc), Loan and Servicing Agreement (DT Acceptance Corp), Loan and Servicing Agreement (DT Credit Company, LLC)

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