Amendments to Receivables Purchase Agreement Sample Clauses

Amendments to Receivables Purchase Agreement. The parties to the Receivables Purchase Agreement agree that the Receivables Purchase Agreement is hereby amended as follows:

Amendments to Receivables Purchase Agreement. Effective as of the Amendment Effective Date (as defined in Section 4.1 below), the Receivables Purchase Agreement is amended as follows:

Amendments to Receivables Purchase Agreement. (a) The definition of “Commitment Expiry Date” in Exhibit I to the Receivables Purchase Agreement is hereby restated in its entirety to read as follows:

Amendments to Receivables Purchase Agreement. Each party to this Omnibus Assumption and Assignment Agreement that is also a party to the Receivables Purchase Agreement hereby agrees that the Receivables Purchase Agreement shall be amended as follows to give effect to the foregoing provisions hereof:

Amendments to Receivables Purchase Agreement. The Transferor shall not amend, supplement or otherwise modify the Receivables Purchase Agreement to add any Person as a seller thereunder or enter into a new receivables purchase agreement with any Person other than the Bank unless, in each case, the Rating Agency Condition shall have been satisfied.

Amendments to Receivables Purchase Agreement. The Receivables Purchase Agreement is hereby amended to incorporate the changes shown on the marked pages of the Receivables Purchase Agreement attached hereto as Exhibit A.

Amendments to Receivables Purchase Agreement. Subject to the terms and conditions set forth herein and upon satisfaction of the conditions precedent set forth in Section 6 hereof, the Receivables Purchase Agreement is hereby amended as follows: (a) Section 5.1 of the Receivables Purchase Agreement is amended by adding the following Section 5.1(y) at the end thereof:

Amendments to Receivables Purchase Agreement. Subject to the occurrence of the Effective Date (as hereinafter defined), the Receivables Purchase Agreement is hereby amended as follows: (a) Clause (f) of Section 9.1 of the Receivables Purchase Agreement is hereby amended and restated in its entirety to read as follows: (i) the average of the Delinquency Ratios, computed for each of the immediately preceding three Calculation Periods, shall exceed (A) with respect to each Calculation Period ending on or prior to May 30, 2020, 14.50%; (B) with respect to the Calculation Periods ending on June 27, 2020, August 1, 2020, August 29, 2020 and September 26, 2020, 18.50%; (C) with respect to the Calculation Period ending on October 31, 2020, 16.00%; and (D) with respect to each Calculation Period beginning after October 31, 2020, 14.50%; (ii) the average of the Default Ratios, computed for each of the immediately preceding three Calculation Periods, shall exceed (A) with respect to each Calculation Period ending on or prior to May 30, 2020, 2.50%; (B) with respect to the Calculation Periods ending on June 27, 2020, August 1, 2020, August 29, 2020, September 26, 2020, October 31, 2020 and November 28, 2020, 6.00%; (C) with respect to each Calculation Period beginning after November 28, 2020 and ending on or prior to November 4, 2023, 2.50%; (D) with respect to the Calculation Periods ending on December 2, 2023, December 30, 2023 and February 3, 2024, 3.50%; and (E) with respect to each Calculation Period beginning after February 3, 2024, 2.50%; (iii) the average of the Dilution Ratios, computed for each of the immediately preceding three Calculation Periods, shall exceed (A) with respect to any Calculation Period ending on or prior to May 30, 2020, 6.25%; (B) with respect to the Calculation Periods ending on June 27, 2020, August 1, 2020, August 29, 2020, September 26, 2020, and October 31, 2020, 9.50%; and (C) with respect to each Calculation Period beginning after October 31, 2020, 6.25%; or (iv) the average of the Portfolio Turnover, computed for each of the immediately preceding three Calculation Periods shall exceed (A) with respect to each Calculation Period ending on or prior to September 26, 2020, 70 days; (B) with respect to each Calculation Period beginning after September 26, 2020 and ending on or prior to November 4, 2023, 50 days; (C) with respect to the Calculation Periods ending on December 2, 2023, December 30, 2023 and February 3, 2024, 65 days; and (E) with respect to each Calculation Period be...

Amendments to Receivables Purchase Agreement. The parties to the Receivables Purchase Agreement (after giving effect to the actions provided in Sections 1. through 4. of this Amendment) hereby amend the Receivables Purchase Agreement by making the additions which appear with computer generated underscoring and making the deletions which appear with computer generated strike-throughs, in each case, in the composite copy of the Receivables Purchase Agreement attached hereto as Annex A. The amendments to the Receivables Purchase Agreement provided for in this Amendment constitute the eleventh amendment to the Receivables Purchase Agreement.

Amendments to Receivables Purchase Agreement. The Receivables Purchase Agreement is hereby amended as follows: (a) Section 1.1 of the Receivables Purchase Agreement is hereby amended by amending and restating the definitions of “Adjusted Discount Rate”, “Business Day”, “Discount Rate” and “Scheduled Termination Date” in their entirety as follows: