Common use of Purchase and Sale Termination Events Clause in Contracts

Purchase and Sale Termination Events. As soon as possible, and in any event within three (3) Business Days after such Originator becomes aware of the occurrence of each Purchase and Sale Termination Event or each event which with notice or the passage of time or both would become a Purchase and Sale Termination Event (an “Unmatured Purchase and Sale Termination Event”), a written statement of the chief financial officer or chief accounting officer of such Originator describing such Purchase and Sale Termination Event or Unmatured Purchase and Sale Termination Event and the action that such Originator proposes to take with respect thereto, in each case in reasonable detail;

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Cooper Tire & Rubber Co), Purchase and Sale Agreement (Fleetcor Technologies Inc), Purchase and Sale Agreement (Fleetcor Technologies Inc)

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Purchase and Sale Termination Events. As soon as possible, and in any event within three two (32) Business Days after such Originator becomes aware of the occurrence of each Purchase and Sale Termination Event or each event which with notice or the passage of time or both would become a Purchase and Sale Termination Event (an “Unmatured Purchase and Sale Termination Event”), a written statement of the chief financial officer, chief executive officer or chief accounting officer president of such Originator describing such Purchase and Sale Termination Event or Unmatured Purchase and Sale Termination Event and the action that such Originator proposes to take with respect thereto, in each case in reasonable detail;

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Triumph Group Inc), Purchase and Sale Agreement (Meritor Inc)

Purchase and Sale Termination Events. As soon as possiblepossible after knowledge of the occurrence of, and in any event within three (3) Business Days after such Originator becomes aware knowledge of the occurrence of each Purchase and Sale Termination Event or each event which with notice or the passage of time or both would become a Unmatured Purchase and Sale Termination Event (an “Unmatured Purchase and Sale Termination Event”)in respect of the Originator, a written the statement of the chief financial officer or officer, chief accounting officer officer, treasurer, secretary or any Vice President of such the Originator describing such Purchase and Sale Termination Event or Unmatured Purchase and Sale Termination Event and the action that such the Originator proposes to take with respect thereto, in each case in reasonable detail;

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Louisville Gas & Electric Co /Ky/), Purchase and Sale Agreement (Louisville Gas & Electric Co /Ky/)

Purchase and Sale Termination Events. As soon as possible, and in any event within three (3) Business Days after such Originator becomes aware of the occurrence of each Purchase and Sale Termination Event or each event which with notice or the passage of time or both would become a Purchase and Sale Termination Event (an “Unmatured Purchase and Sale Termination Event”), a written statement of the chief financial officer officer, treasurer or chief accounting other officer of such Originator describing such Purchase and Sale Termination Event or Unmatured Purchase and Sale Termination Event and the action that such Originator proposes to take with respect thereto, in each case in reasonable detail;

Appears in 1 contract

Samples: Purchase and Sale Agreement (Arch Western Resources LLC)

Purchase and Sale Termination Events. As soon as possible, and in any event within three (3) Business Days after such thesuch Originator becomes aware of the occurrence of each Purchase and Sale Termination Event or each event which with notice or the passage of time or both would become a Purchase and Sale Termination Event (an “Unmatured Purchase and Sale Termination Event”), a written statement of the chief financial officer or chief accounting officer of such thesuch Originator describing such Purchase and Sale Termination Event or Unmatured Purchase and Sale Termination Event and the action that such thesuch Originator proposes to take with respect thereto, in each case in reasonable detail;

Appears in 1 contract

Samples: Purchase and Sale Agreement (Owens Corning)

Purchase and Sale Termination Events. As soon as possible, and in any event within three two (32) Business Days after such Originator becomes aware of the occurrence of each Purchase and Sale Termination Event or each event which with notice or the passage of time or both would become a Purchase and Sale Termination Event (an “Unmatured Purchase and Sale Termination Event”), a written statement of the chief senior financial officer or chief accounting other similar officer of such Originator describing such Purchase and Sale Termination Event or Unmatured Purchase and Sale Termination Event and the action that such Originator proposes to take with respect thereto, in each case in reasonable detail;; 9205569 09039541

Appears in 1 contract

Samples: Joinder Agreement (Patriot Coal CORP)

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Purchase and Sale Termination Events. As soon as possible, and in any event within three (3) Business Days after such the Originator becomes aware of the occurrence of each Purchase and Sale Termination Event or each event which with notice or the passage of time or both would become a Purchase and Sale Termination Event (an “Unmatured Purchase and Sale Termination Event”), a written statement of the chief financial officer or chief accounting officer of such the Originator describing such Purchase and Sale Termination Event or Unmatured Purchase and Sale Termination Event and the action that such the Originator proposes to take with respect thereto, in each case in reasonable detail;

Appears in 1 contract

Samples: Purchase and Sale Agreement (Owens Corning)

Purchase and Sale Termination Events. As soon as possible, and in any event within three (3) Business Days after such Originator Seller becomes aware of the occurrence of each Purchase and Sale Termination Event or each event which with notice or the passage of time or both would become a Purchase and Sale Termination Event (an “Unmatured Purchase and Sale Termination Event”), a written statement of the chief financial officer or chief accounting officer of such Originator Seller describing such Purchase and Sale Termination Event or Unmatured Purchase and Sale Termination Event and the action that such Originator Seller proposes to take with respect thereto, in each case in reasonable detail;

Appears in 1 contract

Samples: Receivables Purchase and Sale Agreement (Fleetcor Technologies Inc)

Purchase and Sale Termination Events. As soon as possible, and in any event within three five (35) Business Days after such any executive or senior managing officer of any Originator becomes aware learning of the occurrence thereof of each Purchase and Sale Termination Event or each event which with notice or the passage of time or both would become a Purchase and Sale Termination Event (an “Unmatured Purchase and Sale Termination Event”), a written statement of the chief financial officer or chief accounting any officer of such Originator describing such Purchase and Sale Termination Event or Unmatured Purchase and Sale Termination Event and the action that such Originator proposes to take with respect thereto, in each case in reasonable detail;.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Owens Corning)

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