Common use of Modifications to Contracts and Credit and Collection Policy Clause in Contracts

Modifications to Contracts and Credit and Collection Policy. No Seller Party will, and no Seller Party will permit any Originator to, make any change to the Credit and Collection Policy that could reasonably be expected to decrease the credit quality of any newly created Receivables or materially adversely affect the collectibility of the Receivables. Except as provided in Section 8.2(d), no Seller Party will, or will permit any Originator to, extend, amend or otherwise modify the terms of any Receivable or any terms of any Contract related to such Receivable in any material respect other than in accordance with the Credit and Collection Policy.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Borgwarner Inc), Assignment Agreement (Ferro Corp), Receivables Purchase Agreement (Borgwarner Inc)

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Modifications to Contracts and Credit and Collection Policy. No Seller Party will, and no Seller Party will not permit any Originator to, make any change to the Credit and Collection Policy that could reasonably be expected to adversely affect the collectability of the Receivables or decrease the credit quality of any newly created Receivables or materially adversely affect the collectibility of the Receivables. Except as provided in Section 8.2(d), no Seller Party will, or will permit any Originator to, extend, amend or otherwise modify the terms of any Receivable or any terms of any Contract related to such Receivable thereto in any material respect other than in accordance with the Credit and Collection Policy.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (RPM International Inc/De/), Receivables Purchase Agreement (RPM International Inc/De/), Receivables Purchase Agreement (RPM International Inc/De/)

Modifications to Contracts and Credit and Collection Policy. No Seller Party will, and no Seller Party will not permit any Originator to, make any change to the Credit and Collection Policy that could reasonably be expected to adversely affect the collectibility of the Receivables or decrease the credit quality of any newly created Receivables or materially adversely affect the collectibility of the Receivables. Except as provided in Section 8.2(d), no Seller Party will, or will permit any Originator to, extend, amend or otherwise modify the terms of any Receivable or any terms of any Contract related to such Receivable thereto in any material respect other than in accordance with the Credit and Collection Policy.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (RPM International Inc/De/), Receivables Purchase Agreement (RPM International Inc/De/)

Modifications to Contracts and Credit and Collection Policy. No Seller Party will, and no Such Seller Party will not, and will not permit any Originator to, make any change to the Credit and Collection Policy that could reasonably be expected to adversely affect the collectibility of the Receivables or decrease the credit quality of any newly created Receivables or materially adversely affect the collectibility of the Receivablesin any material respect. Except as provided in Section 8.2(d), no Seller Party will, or will permit any Originator to, extend, amend or otherwise modify the terms of any Receivable or any terms of any Contract related to such Receivable thereto in any material respect other than in accordance with the Credit and Collection Policy.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Convergys Corp), Receivables Purchase Agreement (Convergys Corp)

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Modifications to Contracts and Credit and Collection Policy. No Seller Party will, and no Such Seller Party will not, and will not permit any Originator to, make any change to the Credit and Collection Policy that could reasonably be expected to adversely affect the collectibility of the Receivables or decrease the credit quality of any newly created Receivables or materially adversely affect the collectibility of the Receivables. Except as provided in Section 8.2(d), no Seller Party will, or will permit any Originator to, extend, amend or otherwise modify the terms of any Receivable or any terms of any Contract related to such Receivable thereto in any material respect other than in accordance with the Credit and Collection Policy.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Convergys Corp)

Modifications to Contracts and Credit and Collection Policy. No Seller Party will, and no Seller Party will not permit any Originator to, make any change to the Credit and Collection Policy that could reasonably be expected to adversely affect the collectibility of the Receivables or decrease the credit quality of any newly created Receivables or materially adversely affect the collectibility of the Receivables. Except as provided in Section SECTION 8.2(d), no Seller Party will, or will permit any Originator to, extend, amend or otherwise modify the terms of any Receivable or any terms of any Contract related to such Receivable thereto in any material respect other than in accordance with the Credit and Collection Policy.

Appears in 1 contract

Samples: Receivables Purchase Agreement (RPM Inc/Oh/)

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