Common use of Automatic Liquidation Clause in Contracts

Automatic Liquidation. Upon the occurrence of a Liquidation Event --------------------- described in subsection (e), (g), (h), (l) or (m) 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 (Charming Shoppes Inc)

Automatic Liquidation. Upon the occurrence of a Liquidation --------------------- Event --------------------- described in subsection (e), (g), (h), (l) or (m) of Section 10.019.01, the Purchase Termination -------------- --- --- --- --- ------------- Termination ------------ Date shall occur and the Liquidation Period shall commence automatically.

Appears in 1 contract

Sources: Receivables Purchase Agreement (C H Robinson Inc)