Common use of Notice of Termination or Suspension of Contracts Clause in Contracts

Notice of Termination or Suspension of Contracts. It shall promptly (and in no event later than one Business Day following actual knowledge thereof) inform the Purchaser and the Master Servicer of any termination or suspension of any of its contracts.

Appears in 1 contract

Samples: Receivables Purchase and Transfer Agreement (Five Star Quality Care Inc)

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Notice of Termination or Suspension of Contracts. It shall promptly (and in no event later than one 5 Business Day Days following actual knowledge thereof) inform the Purchaser and the Master Servicer of any termination or suspension of any of its contractscontracts that comprise greater than 5% of its annual revenue.

Appears in 1 contract

Samples: Receivables Purchase and Transfer Agreement (National Medical Health Card Systems Inc)

Notice of Termination or Suspension of Contracts. It shall promptly (and in no event later than one Business Day following actual knowledge thereof) inform the Purchaser and the Master Servicer of any termination or suspension of any of its contractscontracts which could reasonably be expected to reduce revenue by 3% or more.

Appears in 1 contract

Samples: Receivables Purchase and Transfer Agreement (Mim Corp)

Notice of Termination or Suspension of Contracts. It shall promptly (and in no event later than one Business Day following actual knowledge thereof) inform the Purchaser Agent and the Master Servicer of any termination or suspension of any of its contracts, the termination or suspension of which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Atc Healthcare Inc /De/)

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Notice of Termination or Suspension of Contracts. It shall promptly (and in no event later than one Business Day following actual knowledge thereof) inform the Purchaser and the Master Servicer of any termination or suspension of any of its contracts, the termination or suspension of which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Receivables Purchase and Transfer Agreement (Staff Builders Inc /De/)

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