Automatic Liquidation. Upon the occurrence of a Liquidation Event described in SUBSECTION (E) of SECTION 10.01, the Termination Date shall occur and the Liquidation Period shall commence automatically.
Appears in 3 contracts
Sources: Receivables Purchase Agreement (KBK Capital Corp), Receivables Purchase Agreement (KBK Capital Corp), Receivables Purchase Agreement (KBK Capital Corp)
Automatic Liquidation. Upon the occurrence of a Liquidation Event described in SUBSECTION (E) of SECTION 10.01Section 10.01(e), the Termination Date shall occur and the Liquidation Period shall commence automatically.
Appears in 2 contracts
Sources: Asset Interest Transfer Agreement (Westpoint Stevens Inc), Asset Interest Transfer Agreement (Westpoint Stevens Inc)
Automatic Liquidation. Upon the occurrence of a Liquidation Event described in SUBSECTION (E) of SECTION 10.0110.1(e), the Purchase Termination Date shall occur and the Liquidation Period shall commence automatically.
Appears in 1 contract
Sources: Receivables Transfer Agreement (Georgia Gulf Corp /De/)
Automatic Liquidation. Upon the occurrence of a Liquidation Event described in SUBSECTION (Ee) of SECTION 10.01, the Purchase Termination Date shall occur and the Liquidation Period shall commence automatically.
Appears in 1 contract
Sources: Receivables Purchase Agreement (Standard Products Co)