Purchase and Sale Termination Event Sample Clauses

Purchase and Sale Termination Event. No Purchase and Sale Termination Event has occurred and is continuing.
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Purchase and Sale Termination Event a. The Facility Termination Date (as defined in the Receivables Purchase Agreement) shall have occurred; or
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Purchase and Sale Termination Event. A Purchase and Sale Termination Event shall have occurred and be continuing.
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Purchase and Sale Termination Event. A Purchase and Sale Termination Event shall occur under the Receivables Sale and Contribution Agreement.  123 Schedule 11 Credit and Collection Policies and General Terms and Conditions 124
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Purchase and Sale Termination Event. A Termination Event (as defined in the Receivables Purchase Agreement) shall have occurred and (other than a Termination Event described in paragraph (f) of Exhibit V of the Receivables Purchase Agreement), the Administrator, shall have declared the Facility Termination Date to have occurred; or The Originator shall fail to make any payment or deposit to be made by it hereunder when due and such failure shall remain unremedied for one (1) Business Day; or Any representation or warranty made or deemed to be made by the Originator (or any of its officers) under or in connection with this Agreement, any other Transaction Documents, or any other information or report delivered pursuant hereto or thereto shall prove to have been false or incorrect in any material respect when made or deemed made; provided, however, if the violation of this paragraph (c) by the Originator may be cured without any potential or actual detriment to the Seller, the Originator shall have 10 days from the earlier of (i) the Originator's actual knowledge of such failure and (ii) notice to the Originator of such failure to so cure any such violation before a Purchase and Sale Termination Event shall occur so long as the Originator is diligently attempting to effect such cure; or The Originator shall fail to perform or observe any other term, covenant or agreement contained in this Agreement on its part to be performed or observed and such failure shall remain unremedied for 15 Business Days after written notice thereof shall have been given by the Servicer to the Originator.
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Purchase and Sale Termination Event. A Purchase and Sale Termination Event shall occur under the Receivables Sale and Contribution Agreement.  120 Schedule 11 Credit and Collection Policies and General Terms and Conditions 121 Part 1 Description of the Credit and Collection Policies of each originator  FERRO MANAGEMENT POLICY GUIDE No: 5•1•8 To: MPG Distribution Issued Date: 04-19-11 Subject: Corporate Credit and Collection Policy ____________________________________________________________________________________ Initiated By: Finance Department Supersedes MPG: 5.1.8
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Purchase and Sale Termination Event. The occurrence of a Purchase and Sale Termination Event.
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Purchase and Sale Termination Event. 62 12.1.7 Ratio.......................................................62 12.1.8 Material Adverse Effect.....................................63 12.1.9 Tax Liens; ERISA Liens......................................63 12.1.10 Validity of Transaction Documents...........................63 12.1.11 Change in Control...........................................63 12.1.12
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Purchase and Sale Termination Event. A Purchase and Sale Termination Event shall have occurred and be continuing under the Purchase Agreement.
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Related to Purchase and Sale Termination Event

  • Purchase and Sale Termination Events Each of the following events or occurrences described in this Section 8.1 shall constitute a “Purchase and Sale Termination Event” (each event which with notice or the passage of time or both would become a Purchase and Sale Termination Event being referred to herein as an “Unmatured Purchase and Sale Termination Event”):

  • Servicer Termination Event For purposes of this Agreement, each of the following shall constitute a “Servicer Termination Event”:

  • Other Termination Events Subject to Section 6.4(b), this Agreement shall terminate with respect to all Parties upon the earliest to occur of (a) a written agreement among the Parties to terminate this Agreement, (b) the Closing and (c) the delivery of a written notice from the Majority Initial Consortium Members.

  • Transfer to Avoid Termination Event If either an Illegality under Section 5(b)(i)(1) or a Tax Event occurs and there is only one Affected Party, or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party, the Affected Party will, as a condition to its right to designate an Early Termination Date under Section 6(b)(iv), use all reasonable efforts (which will not require such party to incur a loss, excluding immaterial, incidental expenses) to transfer within 20 days after it gives notice under Section 6(b)(i) all its rights and obligations under this Agreement in respect of the Affected Transactions to another of its Offices or Affiliates so that such Termination Event ceases to exist. If the Affected Party is not able to make such a transfer it will give notice to the other party to that effect within such 20 day period, whereupon the other party may effect such a transfer within 30 days after the notice is given under Section 6(b)(i). Any such transfer by a party under this Section 6(b)(ii) will be subject to and conditional upon the prior written consent of the other party, which consent will not be withheld if such other party's policies in effect at such time would permit it to enter into transactions with the transferee on the terms proposed.

  • Servicer Termination Events The following events will each be a “Servicer Termination Event”:

  • Earlier Termination Your employment hereunder shall terminate prior to the Initial Term (or any renewal term, in the event of renewal) on the following terms and conditions:

  • Purchase Termination If (i) TRS shall file a petition or commence a Proceeding (A) to take advantage of any Debtor Relief Law or (B) for the appointment of a trustee, conservator, receiver, liquidator, or similar official for or relating to TRS or all or substantially all of its property, (ii) TRS shall consent or fail to object to any such petition filed or Proceeding commenced against or with respect to it or all or substantially all of its property, or any such petition or Proceeding shall not have been dismissed within sixty (60) days of its filing or commencement, or a court, agency, or other supervisory authority with jurisdiction shall have decreed or ordered relief with respect to any such petition or Proceeding, (iii) TRS shall be unable, or shall admit in writing its inability, to pay its debts generally as they become due, (iv) TRS shall make an assignment for the benefit of its creditors or (v) TRS shall voluntarily suspend payment of its obligations (each, an “Insolvency Event”); then TRS shall immediately cease to sell Receivables to RFC VIII and shall promptly give notice to RFC VIII, the Owner Trustee and the Indenture Trustee of such Insolvency Event. Notwithstanding any cessation of the sale to RFC VIII of additional Receivables, Receivables sold to RFC VIII prior to the occurrence of such Insolvency Event and Collections in respect of such Receivables shall continue to be property of RFC VIII available for transfer by RFC VIII to the Trust pursuant to the Transfer Agreement. To the extent that it is not clear to TRS whether collections relate to a Receivable that was sold to RFC VIII or to a receivable that TRS has not sold to RFC VIII, TRS agrees that it shall allocate payments on each Account with respect to the principal balance of such Account first to the oldest principal balance of such Account. [END OF ARTICLE VIII]

  • Additional Termination Event If any "Additional Termination Event" is specified in the Schedule or any Confirmation as applying, the occurrence of such event (and, in such event, the Affected Party or Affected Parties shall be as specified for such Additional Termination Event in the Schedule or such Confirmation).

  • Termination Events This Agreement may, by notice given prior to or at the Closing, be terminated:

  • Purchase and Sale of Shares Closing 2.01. Purchase and Sale of the Shares........................................................................... 10 2.02.

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