Amendments to the Receivables Purchase Agreement Clause Samples
The "Amendments to the Receivables Purchase Agreement" clause defines the process and requirements for making changes to the terms of the existing agreement between the parties. Typically, this clause specifies that any modifications must be made in writing and agreed upon by all relevant parties, ensuring that informal or unilateral changes are not valid. Its core practical function is to maintain contractual certainty and prevent disputes by clearly outlining how and when the agreement can be altered.
Amendments to the Receivables Purchase Agreement. The Receivables Purchase Agreement is hereby amended to incorporate the changes shown on the marked pages of the Receivables Purchase Agreement attached hereto as Exhibit A.
Amendments to the Receivables Purchase Agreement. The Receivables Purchase Agreement is hereby amended as follows:
(a) The following new defined terms are added in appropriate alphabetical order to Exhibit I of the Receivables Purchase Agreement:
Amendments to the Receivables Purchase Agreement. (a) The Receivables Purchase Agreement is hereby amended to incorporate the changes shown on the marked pages of the Receivables Purchase Agreement attached hereto as Exhibit A.
(b) Exhibit G of the Receivables Purchase Agreement is hereby replaced in its entirety with the exhibit attached hereto as Exhibit G.
Amendments to the Receivables Purchase Agreement. The Receivables Purchase Agreement is, effective the date hereof and subject to the satisfaction of the conditions precedent set forth in Section 2 hereof, hereby amended to
1.1 Delete in their entirety the definition of “Liquidity Termination Date” set forth in Exhibit I thereof and to substitute the following new definitions therefor:
Amendments to the Receivables Purchase Agreement. The Receivables Purchase Agreement is hereby amended as follows:
(a) Each reference in the Receivables Purchase Agreement (including schedules and exhibits thereto) to “The Bank of Tokyo Mitsubishi UFJ, LTD, New York Branch” is hereby replaced with a reference to “The Bank of Tokyo Mitsubishi UFJ, Ltd.”
(b) The following paragraph is added to Section 6.3(e) to the Receivables Purchase Agreement at the end thereof: In addition to the foregoing, any Committed Purchaser may, with the consent of the relevant Conduit Purchaser taking assignment and the Seller (such consent not to be unreasonably delayed or withheld), at any time assign to any Conduit Purchaser then included in its Purchaser Group all or any portion of such Committed Purchaser’s Capital together with its rights (including, without limitation, the right to receive related Discount and Fees and its related interest in the Pool Assets) and obligations (excluding such Committed Purchaser’s Commitment, which shall be retained by such Committed Purchaser) with respect thereto; provided that, promptly following any such assignment, such Committed Purchaser (or its Purchaser Agent) shall deliver to the Administrator, the Servicer and the Seller written notice of such assignment specifying the portion of Capital so assigned and executed by such Committed Purchaser and the applicable Conduit Purchaser, which written notice shall be recorded in the Register pursuant to clause (b) above.
(c) The following new Section 6.19 is added to the Receivables Purchase Agreement:
Amendments to the Receivables Purchase Agreement. Effective as of the Amendment Date, the Receivables Purchase Agreement is hereby amended as follows:
(a) The following new defined terms are added to Exhibit I of the Receivables Purchase Agreement in appropriate alphabetical order: “Erroneous Payment” has the meaning assigned to it in Section 4.16(a).
Amendments to the Receivables Purchase Agreement. The definition of “Facility Termination Date” is hereby amended to read in its entirety as follows:
Amendments to the Receivables Purchase Agreement. The Receivables Purchase Agreement is amended as follows:
(a) The definition of “Facility Termination Date” set forth in Exhibit I to the Receivables Purchase Agreement is amended by deleting the date “December 4, 2015” where it appears in clause (a) thereof and substituting the date “December 5, 2016” therefor.
Amendments to the Receivables Purchase Agreement. The Receivables Purchase Agreement is hereby amended as follows:
(a) The definition of “Facility Amount” set forth in Exhibit A of the Receivables Purchase Agreement is hereby amended by deleting the amount “USD 100,000,000” where it appears therein and substituting the amount “USD 250,000,000” therefor.
Amendments to the Receivables Purchase Agreement. Upon satisfaction of the conditions precedent contained in Section 4 below, the Receivables Purchase Agreement shall be and hereby is amended (i) to delete the stricken text (indicated textually in the same manner as the following example: stricken text) and to add the double-underlined text (indicated textually in the same manner as the following example: double-underlined text) as set forth in Exhibit A attached hereto and (ii) to replace Schedules I and V in their respective entireties as set forth in Schedules I and V of Exhibit A attached hereto.