Permitted Securitization Financing. The facility established by this Agreement and the other Transaction Documents constitutes a “Permitted Securitization Financing” under and as defined in the First Lien Credit Agreement as in effect on the relevant date of determination, and such facility is permitted by the First Lien Credit Agreement.
Appears in 2 contracts
Sources: Receivables Purchase Agreement (Rackspace Technology, Inc.), Receivables Purchase Agreement (Rackspace Technology, Inc.)