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

Change in Business or Credit and Collection Policy. The Seller will not, and will not permit any Originator to, make any material change in the character of its business or in its Credit and Collection Policy.

Appears in 5 contracts

Samples: Receivables Sale Agreement (Chemtura CORP), Receivables Sale Agreement (Chemtura CORP), Receivables Sale Agreement (Crompton & Knowles Corp)

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Change in Business or Credit and Collection Policy. The Seller will not, and will not permit any Originator to, make any material change in the character of its business and will not, and except as required by applicable laws, rules or in its regulations will not permit the Originator to, make any material change to the Credit and Collection Policy.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Great Plains Energy Inc), Receivables Sale Agreement (Great Plains Energy Inc)

Change in Business or Credit and Collection Policy. The Seller will not, and will not permit any Originator to, make any material change in the character of its business or in its Credit and Collection Policy. The Seller will not permit the Originator to make any material change in its Credit and Collection Policy.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Officemax Inc), Receivables Sale Agreement (Officemax Inc)

Change in Business or Credit and Collection Policy. The Seller will not make any material adverse change in the character of its business and will not, and will not permit any Originator to, make any material adverse change in to the character of its business or in its Credit and Collection Policy.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Ametek Inc/), Receivables Sale Agreement (Ametek Inc/)

Change in Business or Credit and Collection Policy. The Seller will not, and will not permit any Originator to, make any material change in the character of its business or in its and will not, and will not permit the Originator to, make any material change to the Credit and Collection PolicyPolicy without the prior written approval of the Agent and the Instructing Group.

Appears in 1 contract

Samples: Receivables Sale Agreement (Quebecor World Usa Inc)

Change in Business or Credit and Collection Policy. The Seller will not make any material change in the character of its business and will not, and will not permit any Originator to, make any material change to any Credit and Collection Policy that could be reasonably expected to materially and adversely affect the collectibility of the Receivables or change the standard payment terms set forth in the character of its business or in its such Credit and Collection Policy.

Appears in 1 contract

Samples: Receivables Sale Agreement (Alliance One International, Inc.)

Change in Business or Credit and Collection Policy. The Seller will not, and will shall not make (or permit the Originators to make) any Originator to, make any material change in the character of its business or in its any Credit and Collection PolicyPolicy that would have a Material Adverse Effect with respect to the Receivables.

Appears in 1 contract

Samples: Receivables Purchase Agreement (JLG Industries Inc)

Change in Business or Credit and Collection Policy. The Seller will not, and will not permit any Originator to, make any material change in the character of its business and will not, and will not permit the Originator or in its the Servicer to, make any material change to the Credit and Collection PolicyPolicy without the prior written consent of the Administrative Agent and provision of written notice to the Rating Agencies by the Seller.

Appears in 1 contract

Samples: Receivables Purchase and Servicing Agreement (Bergen Brunswig Corp)

Change in Business or Credit and Collection Policy. The Seller will not, and will not permit any Originator Selling Subsidiary to, make any material change in the character of its business or in its Credit and Collection PolicyPolicy that would impair the collectibility or enforceability of any Transferred Receivable that is an Eligible Receivable.

Appears in 1 contract

Samples: Receivables Purchase Agreement (World Color Press Inc /De/)

Change in Business or Credit and Collection Policy. The Seller will not, and will shall not permit any Originator to, make any material change in the character of its business or in its and shall not, and shall not permit either Originator to, make any material change to the Credit and Collection PolicyPolicy without the prior consent of the Agent.

Appears in 1 contract

Samples: Receivables Sale Agreement (Tronox Inc)

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Change in Business or Credit and Collection Policy. The Seller will not, and will not permit any Originator to, make any material change in the character of its business or in its and will not, and will not permit the Originator to, make any material change to the Credit and Collection Policy.

Appears in 1 contract

Samples: Receivables Sale Agreement (Swift Transportation Co Inc)

Change in Business or Credit and Collection Policy. The Seller will not, and will not permit any the Originator to, make any material change in the character of its business or in its Credit and Collection PolicyPolicy without the consent of the Agent, which consent the Agent shall provide if so directed by the Instructing Group.

Appears in 1 contract

Samples: Receivables Sale Agreement (Ipalco Enterprises, Inc.)

Change in Business or Credit and Collection Policy. The Seller will not, and will shall not permit any Originator to, make any material change in the character of its business or in its and shall not, and shall not permit the Originator to, make any material change to the Credit and Collection Policy.

Appears in 1 contract

Samples: Receivables Sale Agreement (Hunt J B Transport Services Inc)

Change in Business or Credit and Collection Policy. The Seller will not, and will shall not make (or permit any Originator to, make to make) any material change in the character of its business or in its make or permit any material change to any Credit and Collection Policy. The Seller will not make or permit any change to any Credit or Collection Policy without giving prompt written notice thereof to the Administrative Agent.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Amphenol Corp /De/)

Change in Business or Credit and Collection Policy. The Seller will not, and will not permit any Originator to, make any material change in the character of its business or in its any Credit and Collection Policy.

Appears in 1 contract

Samples: Receivables Sale Agreement (Usf Corp)

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