Common use of Change in Business or Credit and Collection Policy Clause in Contracts

Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser Agent.

Appears in 8 contracts

Samples: Receivables Purchase Agreement (Worthington Industries Inc), Receivables Purchase Agreement (Airgas Inc), Receivables Purchase Agreement (Airgas Inc)

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Change in Business or Credit and Collection Policy. The Without the prior written consent of the Administrator and each Purchaser Agent, the Seller shall not make (or permit any Originator the Originators to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator the Originators to make) any other change in any Credit and Collection Policy without giving 30 days’ prior written notice thereof to the Administrator and each Purchaser Agent.

Appears in 7 contracts

Samples: Receivables Purchase Agreement (Peabody Energy Corp), Receivables Purchase Agreement (Peabody Energy Corp), Receivables Purchase Agreement (Peabody Energy Corp)

Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any the Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or Policy (other than a change to the insurance provisions of any change in any Credit and Collection Policy such policy) that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any the Originator to make) any other material adverse change in any Credit and Collection Policy without giving receiving the prior written notice thereof to consent of the Administrator and each Purchaser AgentAdministrator.

Appears in 6 contracts

Samples: Purchase and Sale Agreement (Ugi Corp /Pa/), Receivables Purchase Agreement (Ugi Corp /Pa/), Receivables Purchase Agreement (Ugi Corp /Pa/)

Change in Business or Credit and Collection Policy. The Seller shall not make (or permit agree with any Originator to make) any change (i) in the character of its business or in any Credit and Collection Policy, or any change (ii) in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit agree with any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser Agent.

Appears in 5 contracts

Samples: Receivables Purchase Agreement (Wesco International Inc), Receivables Purchase Agreement (Wesco International Inc), Receivables Purchase Agreement (Wesco International Inc)

Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any the Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any the Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser AgentAdministrator.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Royal Appliance Manufacturing Co), Receivables Purchase Agreement (Royal Appliance Manufacturing Co), Receivables Purchase Agreement (Lesco Inc/Oh)

Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would reasonably be likely to have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser Administrative Agent.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Moog Inc.), Receivables Purchase Agreement (Moog Inc.)

Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any the Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any the Originator to make) any other change in any Credit and Collection Policy without giving 30 days’ prior written notice thereof to the Administrator and each Purchaser AgentAdministrator.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Consol Energy Inc), Receivables Purchase Agreement (Consol Energy Inc)

Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would reasonably be likely to have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser AgentAdministrator.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Moog Inc)

Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the ReceivablesEffect. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser AgentAdministrator.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Falcon Building Products Inc)

Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator or AGSC to make) any change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator or AGSC to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser Agent.

Appears in 1 contract

Samples: Receivables Purchase Agreement (American Greetings Corp)

Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Pool Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser Agent.

Appears in 1 contract

Samples: Receivables Purchase Agreement (American Greetings Corp)

Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser AgentAdministrator.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Werner Holding Co Inc /De/)

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Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any material change in the character of its business or in any the Credit and Collection Policy, or any change in any the Credit and Collection Policy that would have a Material Adverse Effect with respect adversely affect the collectibility of the Purchased Receivables or the enforceability of any related Contract or the ability of the Seller to perform its obligations under any related Contract or under the Receivables. The Seller Agreement without the prior written consent of the Administrator, which consent shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser Agentbe unreasonably withheld.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Stone Container Corp)

Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser AgentAdministrator.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Commonwealth Industries Inc/De/)

Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other material change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser AgentAdministrator.

Appears in 1 contract

Samples: Receivables Purchase Agreement (CSS Industries Inc)

Change in Business or Credit and Collection Policy. The Except as required by applicable Legal Requirements, the Seller shall not make (or permit any the Originator to make) any change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect material adverse effect with respect to the Receivables. The Seller shall not make (or permit any the Originator to make) any other material change in any the Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser Agent.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Louisville Gas & Electric Co /Ky/)

Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would be reasonably likely to have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator to make) any other change in any Credit and Collection Policy without giving prior written notice thereof to the Administrator and each Purchaser AgentAdministrator.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Kulicke & Soffa Industries Inc)

Change in Business or Credit and Collection Policy. The Without the prior written consent of the Administrator and each Purchaser Agent, the Seller shall not make (or permit any Originator the Originators to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any Originator the Originators to make) any other change in any Credit and Collection Policy without giving 30 days' prior written notice thereof to the Administrator and each Purchaser Agent.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Peabody Energy Corp)

Change in Business or Credit and Collection Policy. The Seller shall not make (or permit any the Originator to make) any material change in the character of its business or in any Credit and Collection Policy, or any change in any Credit and Collection Policy that would have a Material Adverse Effect with respect to the Receivables. The Seller shall not make (or permit any the Originator to make) any other change in any Credit and Collection Policy without giving 30 days' prior written notice thereof to the Administrator and each Purchaser AgentAdministrator.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Consol Energy Inc)

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