Common use of Amendments to the Transaction Documents Clause in Contracts

Amendments to the Transaction Documents. Each of the Transferor, the Issuer and the Servicer, as applicable, shall not terminate (except in accordance with the terms thereof and only if at the time of such termination none of the Class A Note Principal Balance or other amounts payable to the Agent or the Investors hereunder are unpaid), amend, waive any right or obligation of any party under or any condition precedent under, or otherwise modify any Transaction Document to which it is a party without the prior written consent of the Agent on behalf of the Investors, which consent shall not be unreasonably withheld or delayed unless such amendment or waiver is of the Indenture Supplement in which case the Agent’s consent shall be in its sole discretion to any change other than an administrative change which does not have an economic impact on the Investors. The Transferor shall not enter into any receivables purchase agreement, including an agreement matching the description in clause (ii) of the definition of Receivables Purchase Agreement, without the prior written consent of the Agent on behalf of the Investors, which consent shall not be unreasonably withheld or delayed.

Appears in 3 contracts

Sources: Purchase Agreement (Atlanticus Holdings Corp), Purchase Agreement (Atlanticus Holdings Corp), Purchase Agreement (Atlanticus Holdings Corp)