Change in Credit and Collection Policy. The Seller will not make any change in the Credit and Collection Policy that would reasonably be expected to materially and adversely impact the validity, enforceability, value or collectibility of any material portion of the Pool Receivables, without the prior written consent of the Administrative Agent and the Majority Purchasers, other than any such material changes required by applicable Law. Promptly following any change in the Credit and Collection Policy, the Seller or Master Servicer will deliver a copy of the updated Credit and Collection Policy to the Administrative Agent and each Purchaser.
Appears in 4 contracts
Sources: Receivables Purchase Agreement (Nabors Industries LTD), Receivables Purchase Agreement (Nabors Industries LTD), Receivables Purchase Agreement (Nabors Industries LTD)
Change in Credit and Collection Policy. The Seller will not make any material change in the Credit and Collection Policy that would reasonably be expected to materially and adversely impact the validity, enforceability, value or collectibility of any material portion of the Pool Receivables, without the prior written consent of the Administrative Agent and the Majority Required Purchasers, other than any such material changes required by applicable Law. Promptly following any change in the Credit and Collection Policy, the Seller or Master Servicer will deliver a copy of the updated Credit and Collection Policy to the Administrative Agent and each PurchaserAgent.
Appears in 4 contracts
Sources: Receivables Purchase Agreement (Kinetik Holdings Inc.), Receivables Purchase Agreement (Fortrea Holdings Inc.), Receivables Purchase Agreement (Kinetik Holdings Inc.)
Change in Credit and Collection Policy. The Seller will not make any material change in the Credit and Collection Policy that would could be reasonably be expected to materially and adversely impact impair the validity, enforceability, value or collectibility of any material portion collectability of the Pool Receivables, Receivables without the prior written consent of the Administrative Agent and the Majority Purchasers, other than any such material changes required by applicable Law. Promptly following any change in the Credit and Collection Policy, the Seller or Master Servicer will deliver a copy of the updated Credit and Collection Policy to the Administrative Agent and each Purchaser.
Appears in 4 contracts
Sources: Receivables Purchase Agreement (Centric Brands Inc.), Receivables Purchase Agreement (Centric Brands Inc.), Receivables Purchase Agreement (Centric Brands Inc.)
Change in Credit and Collection Policy. The Except as required by Applicable Law, the Seller will not make any change in the Credit and Collection Policy that would could reasonably be expected to materially and adversely impact affect the value, validity, enforceability, value collectability or collectibility enforceability of the Receivables or decrease the credit quality of any material portion of the Pool Receivablesnewly created Receivables (in each case, taken as a whole) without the prior written consent of the Administrative Agent and the Majority Purchasers, other than any such material changes required by applicable LawGroup Agents. Promptly following any change in the Credit and Collection Policy, the Seller or Master Servicer will deliver a copy of the updated Credit and Collection Policy to the Administrative Agent and each PurchaserAgent.
Appears in 3 contracts
Sources: Receivables Purchase Agreement (DXC Technology Co), Receivables Purchase Agreement (DXC Technology Co), Receivables Purchase Agreement (Computer Sciences Corp)
Change in Credit and Collection Policy. The Seller will not make any material change in the Credit and Collection Policy that would reasonably be expected to materially and adversely impact the validity, enforceability, value or collectibility of any material portion of the Pool Receivables, without the prior written consent of the Administrative Agent and the Majority Purchasers, other than any such material changes required by applicable LawInvestors (not to be unreasonably withheld or delayed). Promptly following any material change in the Credit and Collection Policy, the Seller or Master Servicer will deliver a copy of the updated Credit and Collection Policy to the Administrative Agent and each PurchaserAgent.
Appears in 3 contracts
Sources: Receivables Purchase Agreement (Audacy, Inc.), Receivables Purchase Agreement (Audacy, Inc.), Receivables Purchase Agreement (Audacy, Inc.)
Change in Credit and Collection Policy. The Seller will not make any material change in the Credit and Collection Policy that would reasonably be expected to materially and adversely impact the validity, enforceability, value or collectibility of any material portion of the Pool Receivables, without the prior written consent of the Administrative Agent and the Majority Purchasers, other than any such material changes required by applicable Law. Promptly following any change in the Credit and Collection Policy, the Seller or Master Servicer will deliver a copy of the updated Credit and Collection Policy and a summary of all changes to the Administrative Agent and each Purchaser.
Appears in 2 contracts
Sources: Receivables Purchase Agreement (Gray Media, Inc), Receivables Purchase Agreement (Gray Television Inc)
Change in Credit and Collection Policy. The Seller will not make any material change in the Credit and Collection Policy that would reasonably be expected to materially and adversely impact the validity, enforceability, value or collectibility of any material portion of the Pool Receivables, without the prior written consent of the Administrative Agent and the Majority PurchasersRequired Purchasers (each not to be unreasonably withheld, other than conditioned or delayed) except for any such material changes required by applicable Lawthat could not reasonably be expected to materially and adversely affect the collectability, value or enforceability of the Pool Receivables (taken as a whole)). Promptly following any change in the Credit and Collection Policy, the Seller or Master Servicer will deliver a copy of the updated Credit and Collection Policy to the Administrative Agent and each Purchaser.
Appears in 1 contract
Change in Credit and Collection Policy. The Seller will not make any material change in the Credit and Collection Policy that would reasonably be expected to materially and adversely impact the validity, enforceability, value or collectibility of any material portion of the Pool Receivables, without the prior written consent of the Administrative Agent and the Majority Purchasers, other than any such material changes required by applicable LawAgent. Promptly following any change in the Credit and Collection Policy, the Seller or Master Servicer will deliver a copy of the updated Credit and Collection Policy to the Administrative Agent and each Purchaser.
Appears in 1 contract
Change in Credit and Collection Policy. The Seller will not make any material change in the Credit and Collection Policy that would reasonably be expected to materially and adversely impact the validity, enforceability, value or collectibility of any material portion of the Pool Receivables, without the prior written consent of the Administrative Agent Agent, except for any changes that could not reasonably be expected to materially and adversely affect the Majority Purchaserscollectibility, other than any such material changes required by applicable Law. Promptly following any change in the Credit and Collection Policy, the Seller value or Master Servicer will deliver a copy enforceability of the updated Credit and Collection Policy to the Administrative Agent and each PurchaserPool Receivables, taken as a whole.
Appears in 1 contract
Sources: Receivables Purchase Agreement (Centuri Holdings, Inc.)
Change in Credit and Collection Policy. The Seller will not make any material change in the Credit and Collection Policy (including changes that would reasonably be expected materially increase the Contractual Dilution with respect to materially and adversely impact the validity, enforceability, value or collectibility of any material portion of the Pool Receivables, ) without the prior written consent of the Administrative Agent and the Majority Purchasers, other than any such material changes required by applicable Law. Promptly following any change in the Credit and Collection Policy, the Seller or Master Servicer will deliver a copy of the updated Credit and Collection Policy and a summary of all changes to the Administrative Agent and each Purchaser▇▇▇▇▇▇▇▇▇.
Appears in 1 contract
Sources: Receivables Purchase Agreement (Wolverine World Wide Inc /De/)
Change in Credit and Collection Policy. The Seller will not make any change in the Credit and Collection Policy that would reasonably be expected to materially and adversely impact the validity, enforceability, value or collectibility collectability of any material portion of the Pool Receivables, without the prior written consent of the Administrative Agent and the Majority Purchasers, other than any such material changes required by applicable LawPurchaser. Promptly following any change in the Credit and Collection Policy, the Seller (or the Master Servicer on its behalf) will deliver a copy of the updated Credit and Collection Policy to the Administrative Agent and each Purchaser.
Appears in 1 contract
Change in Credit and Collection Policy. The Seller will not make any material change in the Credit and Collection Policy that would reasonably be expected to materially and adversely impact the validity, enforceability, value or collectibility of any material portion of the Pool ReceivablesPolicy, without the prior written consent of the Administrative Agent and the Majority Purchasers, other than any such material changes required by applicable LawAgent. Promptly following any change in the Credit and Collection Policy, the Seller or Master Servicer will deliver a copy of the updated Credit and Collection Policy to the Buyer, the Administrative Agent and each PurchaserGroup Agent.
Appears in 1 contract
Sources: Receivables Purchase Agreement (Exact Sciences Corp)
Change in Credit and Collection Policy. The Seller will not make any material change in the Credit and Collection Policy that would could reasonably be expected to materially and adversely impact affect in any material respect the value, validity, enforceability, value collectability or collectibility of any material portion enforceability of the Pool ReceivablesReceivables or decrease the credit quality of the Receivables (in each case, taken as a whole) without the prior written consent of the Administrative Agent and the Majority Required Purchasers, other than any such material changes required by applicable Law. Promptly following any change in the Credit and Collection Policy, the Seller or Master Servicer will deliver a copy of the updated Credit and Collection Policy to the Administrative Agent and each Purchaser.
Appears in 1 contract
Sources: Receivables Purchase Agreement (Rackspace Technology, Inc.)
Change in Credit and Collection Policy. The Seller will not make any change in the Credit and Collection Policy that would reasonably be expected to materially and adversely impact affect the validity, enforceability, value or collectibility of any material portion collectability of the Pool Receivables, Receivables or the ability of the Seller to perform its obligations under this Agreement without the prior written consent of the Administrative Agent and the Majority Purchasers, other than any such material changes required by applicable LawGroup Agents. Promptly following any material change in the Credit and Collection Policy, the Seller or Master Servicer will deliver a copy of the updated Credit and Collection Policy to the Administrative Agent and each PurchaserGroup Agent.
Appears in 1 contract
Change in Credit and Collection Policy. The Seller will not make any change in the Credit and Collection Policy that would reasonably be expected to materially and adversely impact the validity, enforceability, value or collectibility of any material portion of the Pool Receivables, without the prior written consent of the Administrative Agent and the Majority Purchasers, other than any such material changes required by applicable Law. Promptly following any change in the Credit and Collection Policy, the Seller or Master Servicer will deliver a copy of the updated Credit and Collection Policy and a summary of all changes to the Administrative Agent and each Purchaser.
Appears in 1 contract
Sources: Receivables Purchase Agreement (Ortho Clinical Diagnostics Holdings PLC)
Change in Credit and Collection Policy. The Seller Borrower will not make any change in the Credit and Collection Policy that would reasonably be expected to materially and adversely impact affect the validity, enforceability, value or collectibility of any material portion of the Pool Receivables, Receivables or the ability of the Borrower to perform its obligations under this Agreement without the prior written consent of the Administrative Agent and the Majority Purchasers, other than any such material changes required by applicable LawGroup Agents. Promptly following any change in the Credit and Collection Policy, the Seller or Master Servicer Borrower will deliver a copy of the updated Credit and Collection Policy to the Administrative Agent and each PurchaserLender.
Appears in 1 contract