Common use of Notice of Material Adverse Change Clause in Contracts

Notice of Material Adverse Change. Promptly upon becoming aware thereof, the Seller shall give the Administrator (which shall promptly forward a copy to each Purchaser Agent) notice of any material adverse change in the business, operations or financial condition of the Seller, which reasonably could affect adversely the collectibility of the Receivables.

Appears in 6 contracts

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

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Notice of Material Adverse Change. Promptly upon becoming aware thereof, the Seller shall give the Administrator Agent (which shall promptly forward a copy to each Purchaser Agent) notice of any material adverse change in the business, operations or financial condition of the Seller, which reasonably could be expected to materially adversely affect adversely the collectibility of the Receivables.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Henry Schein Inc), Receivables Purchase Agreement (Henry Schein Inc), Receivables Purchase Agreement (Henry Schein Inc)

Notice of Material Adverse Change. Promptly upon becoming aware thereof, the Seller shall give the Administrator (which shall promptly forward a copy to each Purchaser Agent) Administrative Agent and the Managing Agents written notice of any material adverse change in the business, operations or financial condition of the Seller, Seller which reasonably could affect adversely the collectibility of the Purchased Receivables or the ability to service the Purchased Receivables.. In order to verify compliance with this Section 9.01(b), the Seller shall furnish the following to the Administrative Agent and the Managing Agents:

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Commercial Metals Co), Receivables Purchase Agreement (Commercial Metals Co)

Notice of Material Adverse Change. Promptly upon becoming aware thereof, the Seller shall (or direct the Servicer to) give the Administrator (which shall promptly forward a copy to and each Purchaser Agent) Buyer Agent notice of any material adverse change in the business, operations or financial condition of the Seller, Seller which reasonably could affect adversely the collectibility of the Purchased Receivables or the ability to service the Purchased Receivables.. In order to verify compliance with this Section 9.01(b), the Seller shall furnish the following to the Administrator and each Buyer Agent:

Appears in 1 contract

Samples: Receivables Purchase Agreement (Volt Information Sciences, Inc.)

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Notice of Material Adverse Change. Promptly upon becoming aware --------------------------------- thereof, the Seller shall give the Administrator (which shall promptly forward a copy to each Purchaser Agent) Administrative Agent notice of any material adverse change in the business, operations or financial condition of the Seller, which reasonably could affect adversely the collectibility of the Receivables.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Amerisource Distribution Corp)

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