Liquidation Period. The period commencing on the date on which the conditions precedent to Purchases and Reinvestment set forth in Section 5.2 are not satisfied (or expressly waived by Purchaser) and the Administrative Agent shall have notified Seller and Servicer in writing that the Liquidation Period has commenced, and ending on the Final Payout Date.
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Samples: Receivables Purchase Agreement (Georgia Gulf Corp /De/)
Liquidation Period. The period commencing on the date on which the conditions precedent to Purchases and Reinvestment set forth in Section 5.2 are not satisfied (or expressly waived by the Purchaser) and the Administrative Agent shall have notified the Seller and the Master Servicer in writing that the Liquidation Period has commenced, and ending on the Final Payout Date.
Appears in 1 contract
Liquidation Period. The period commencing on the date on which the conditions precedent to Purchases and Reinvestment set forth in Section 5.2 are not satisfied (or expressly waived by the Purchaser) and the Administrative Agent Administrator shall have notified the Seller and Servicer in writing that the Liquidation Period has commenced, and ending on the Final Payout Date.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Lifestyle Furnishings International LTD)
Liquidation Period. The period commencing on the date on which the conditions precedent to Purchases and Reinvestment set forth in Section 5.2 are not satisfied (or expressly waived by the Purchaser) and the Administrative Agent shall have notified the Seller and the Master Servicer in writing that the Liquidation Period has commenced, and ending on the Final Payout Date.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Cadmus Communications Corp/New)
Liquidation Period. The period commencing on the date on which the conditions precedent to Purchases and Reinvestment set forth in Section 5.2 are not satisfied (or expressly waived by the Purchaser) and the Administrative Agent shall have notified Seller and the Master Servicer in writing that the Liquidation Period has commenced, and ending on the Final Payout Date.
Appears in 1 contract
Samples: Receivables Purchase Agreement (Lennox International Inc)