Common use of Extension or Amendment of Pool Receivables Clause in Contracts

Extension or Amendment of Pool Receivables. Except as otherwise permitted in Section 4.2(a) of this Agreement, the Seller will not extend, amend or otherwise modify the terms of any Pool Receivable in any material respect, or amend, modify or waive, in any material respect, the provisions of any Contract related thereto, without the prior written consent of the Administrator. The Seller shall at its expense, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under the Contracts related to the Pool Receivables, and timely and fully comply in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract.

Appears in 9 contracts

Samples: Receivables Purchase Agreement (Knight-Swift Transportation Holdings Inc.), Receivables Purchase Agreement (Knight-Swift Transportation Holdings Inc.), Receivables Purchase Agreement (Knight-Swift Transportation Holdings Inc.)

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Extension or Amendment of Pool Receivables. Except as otherwise permitted in Section 4.2(a) 4.2 of this Agreement, the Seller will not extend, amend or otherwise modify the terms of any Pool Receivable in any material respectReceivable, or amend, modify or waive, in waive any material respect, the provisions term or condition of any Contract related thereto, without the prior written consent of the AdministratorAdministrator and the Majority Purchaser Agents. The Seller shall at its expense, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under the Contracts related to the Pool Receivables, and timely and fully comply in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract.

Appears in 9 contracts

Samples: Receivables Purchase Agreement (Fleetcor Technologies Inc), Receivables Purchase Agreement (Fleetcor Technologies Inc), Receivables Purchase Agreement

Extension or Amendment of Pool Receivables. Except as the Servicer is otherwise permitted in Section 4.2(a) 4.2 of this Agreement, the Seller will not extend, amend or otherwise modify the terms of any Pool Receivable in any material respectReceivable, or amend, modify or waive, in waive any material respect, the provisions term or condition of any Contract related thereto, without the prior written consent of the AdministratorAdministrator and the Majority Purchaser Agents. The Seller shall at its expense, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under the Contracts related to the Pool Receivables, and timely and fully comply in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Triumph Group Inc), Receivables Purchase Agreement (Triumph Group Inc), Receivables Purchase Agreement (Triumph Group Inc)

Extension or Amendment of Pool Receivables. Except as otherwise permitted in Section 4.2(a) of this Agreement, the Seller will not extend, amend or otherwise modify the terms of any Pool Receivable in any material respect, or amend, modify or waive, in any material respect, the provisions of any Contract related thereto, without other than in accordance with the prior written consent of the Administratorapplicable Credit and Collection Policy. The Seller shall at its expense, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under the Contracts related to the Pool Receivables, and timely and fully comply in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Avantor, Inc.), Receivables Purchase Agreement (Avantor, Inc.), Receivables Purchase Agreement (VWR Funding, Inc.)

Extension or Amendment of Pool Receivables. Except as otherwise permitted in Section 4.2(a) 4.2 of this Agreement, the Seller will not extend, amend or otherwise modify the terms of any Pool Receivable Receivable, other than in any material respectaccordance with the Credit and Collection Policy, or amend, modify or waive, waive in material respect any material respect, the provisions term or condition of any Contract related thereto, without the prior written consent of the Administrator. The Seller shall at its expense, timely and fully perform and comply with all material provisions, covenants and other promises promises, if any, required to be observed by it under the Contracts related to the Pool Receivables, and timely and fully comply in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Cloud Peak Energy Inc.), Receivables Purchase Agreement (Cloud Peak Energy Inc.)

Extension or Amendment of Pool Receivables. Except as otherwise permitted in Section 4.2(a) 4.2 of this Agreement, the Seller will not extend, amend or otherwise modify the terms of any Pool Receivable Receivable, other than in any material respectaccordance with the Credit and Collection Policy, or amend, modify or waive, waive in material respect any material respect, the provisions term or condition of any Contract related thereto, without the prior written consent of the Administrator. The Seller shall at its expense, timely and fully perform and comply with all material provisions, covenants and other promises promises, if any, required to be observed by it under the Contracts related to the Pool Receivables, and timely and fully comply in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Cloud Peak Energy Resources LLC)

Extension or Amendment of Pool Receivables. Except as otherwise permitted in Section 4.2(a) 4.2 of this Agreement, the Seller will not extend, amend or otherwise modify the terms of any Pool Receivable in any material respectReceivable, or amend, modify or waive, in waive any material respect, the provisions term or condition of any Contract related thereto, without the prior written consent of the AdministratorAdministrator and the Majority Purchaser Agents. The Seller shall at its expense, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under the Contracts related to the Pool Receivables, and timely and fully comply in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract.. (i)

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cooper Tire & Rubber Co)

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Extension or Amendment of Pool Receivables. Except as otherwise permitted in Section 4.2(a) of this Agreement, the Seller will not extend, amend or otherwise modify the terms of any Pool Receivable in any material respectReceivable, or amend, modify or waive, in waive any material respect, the provisions term or condition of any Contract related thereto, without the prior written consent of the AdministratorAdministrator and the Majority Purchaser Agents. The Seller shall at its expense, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under the Contracts related to the Pool Receivables, and timely and fully comply in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Presidio, Inc.)

Extension or Amendment of Pool Receivables. Except as otherwise permitted in Section 4.2(a) of this Agreement, the Seller will not extend, amend or otherwise modify the terms of any Pool Receivable in any material respect, or amend, modify or waive, in any material respect, the provisions of any Contract related thereto, without other than in accordance with the prior written consent of the Administratorapplicable Credit and Collection Policy. The Seller shall at its expense, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under the Contracts related to the Pool Receivables, and timely and fully comply in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract.all

Appears in 1 contract

Samples: Receivables Purchase Agreement (Avantor, Inc.)

Extension or Amendment of Pool Receivables. Except as otherwise permitted in Section 4.2(a) 4.2 of this Agreement, the Seller will not extend, amend or otherwise modify the terms of any Pool Receivable in any material respectReceivable, or amend, modify or waive, in waive any material respect, the provisions term or condition of any Contract related thereto, without the prior written consent of the AdministratorAdministrator and the Majority Purchaser Agents. The Seller shall at its expense, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under the Contracts IV-4 related to the Pool Receivables, and timely and fully comply in all material respects with the Credit and Collection Policy with regard to each Receivable and the related Contract.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Fleetcor Technologies Inc)

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