Common use of Change in Credit and Collection Policy Clause in Contracts

Change in Credit and Collection Policy. No Originator will make, or direct the Servicer to make, any material change in the Credit and Collection Policy without the prior written consent of the Administrative Agent and the Majority Lenders. Promptly following any change in the Credit and Collection Policy, the Originator will deliver a copy of the updated Credit and Collection Policy to the Buyer, Administrative Agent and each Lender.

Appears in 4 contracts

Sources: Purchase and Sale Agreement (Lamar Media Corp/De), Purchase and Sale Agreement (Lamar Media Corp/De), Purchase and Sale Agreement (Lamar Media Corp/De)

Change in Credit and Collection Policy. No Such Originator will make, or direct the Servicer to make, not make any material change in the Credit and Collection Policy without the prior written consent of the Administrative Agent and the Majority Lenders. Promptly following any change in the Credit and Collection Policy, the such Originator will deliver a copy of the updated Credit and Collection Policy to the Buyer, Administrative Agent and each Lender.

Appears in 4 contracts

Sources: Purchase and Sale Agreement (Volt Information Sciences, Inc.), Purchase and Sale Agreement (Volt Information Sciences, Inc.), Purchase and Sale Agreement (Volt Information Sciences, Inc.)

Change in Credit and Collection Policy. No Originator will make, or direct the Servicer to make, any material change in the Credit and Collection Policy that could be reasonably expected to impair the collectability of the Pool Receivables without the prior written consent of the Administrative Agent and the Majority LendersPurchasers. Promptly following any change in the Credit and Collection Policy, the Originator will deliver a copy of the updated Credit and Collection Policy to the Buyer, Administrative Agent and each LenderPurchaser.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Centric Brands Inc.), Purchase and Sale Agreement (Centric Brands Inc.)

Change in Credit and Collection Policy. No Originator will make, or direct the Servicer to make, any material change in the Credit and Collection Policy without the prior written consent of the Administrative Agent and the Majority LendersAgent. Promptly following any change in the Credit and Collection Policy, the Originator Servicer will deliver a copy of the updated Credit and Collection Policy to the Buyer, Administrative Agent and each Lenderthe Buyer.

Appears in 2 contracts

Sources: Sale and Contribution Agreement (Kinetik Holdings Inc.), Sale and Contribution Agreement (Mativ Holdings, Inc.)

Change in Credit and Collection Policy. No Such Originator will not make, or direct the Servicer to make, any material change in the Credit and Collection Policy without except (i) with the prior written consent of the Administrative Agent and the Majority LendersLenders (such consent not to be unreasonably withheld) or (ii) if such changes are required or necessary under any Applicable Law. Promptly following any change in the Credit and Collection Policy, the such Originator will deliver a copy of the updated Credit and Collection Policy to the Buyer, Administrative Agent and each Lender.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Core Natural Resources, Inc.), Purchase and Sale Agreement (CONSOL Energy Inc.)

Change in Credit and Collection Policy. No Originator will make, or direct the Servicer to make, make any material change in the Credit and Collection Policy without the prior written consent of the Administrative Agent and the Majority LendersAgent. Promptly following any change in the Credit and Collection Policy, the such Originator will deliver a copy of the updated Credit and Collection Policy to the BuyerCompany, the Administrative Agent and each LenderGroup Agent.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Concentrix Corp)

Change in Credit and Collection Policy. No Originator will make, or direct the Servicer to make, any material change in the Credit and Collection Policy without the prior written consent of the Administrative Agent and the Majority Lenders. Promptly following any material change in the Credit and Collection Policy, the each Originator will deliver a copy of the updated Credit and Collection Policy to the Buyer, Administrative Agent and each Lender.

Appears in 1 contract

Sources: Sale and Contribution Agreement (Evoqua Water Technologies Corp.)

Change in Credit and Collection Policy. No Originator will make, or direct the Servicer to make, any material change in the Credit and Collection Policy 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 Lenderscollectibility, value or enforceability of the Pool Receivables, taken as a whole. Promptly following any change in the Credit and Collection Policy, the such Originator will deliver a copy of the updated Credit and Collection Policy to the Buyer, Administrative Agent and each Lenderthe Buyer.

Appears in 1 contract

Sources: Sale and Contribution Agreement (Centuri Holdings, Inc.)

Change in Credit and Collection Policy. No The Originator will make, or direct the Servicer to make, not make any material change in the Credit and Collection Policy without the prior written consent of the Buyer, the Administrative Agent and the Majority LendersGroup Agents. Promptly following any change in the Credit and Collection Policy, the Originator will deliver a copy of the updated Credit and Collection Policy to the Buyer, the Administrative Agent and each LenderGroup Agent.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Zebra Technologies Corp)

Change in Credit and Collection Policy. No Originator will make, or direct the Servicer to make, any material change in the Credit and Collection Policy without the prior written consent of the Administrative Agent and the Majority LendersAgent. Promptly following any change in the Credit and Collection Policy, the each Originator will deliver a copy of the updated Credit and Collection Policy to the Buyer, Administrative Agent and each LenderPurchaser.

Appears in 1 contract

Sources: Purchase and Contribution Agreement (Harsco Corp)

Change in Credit and Collection Policy. No Originator will make, or direct the Servicer to make, make any material change in the Credit and Collection Policy Policy, without the prior written consent of the Administrative Agent and the Majority LendersAgent. Promptly following any change in the Credit and Collection Policy, the such Originator will deliver a copy of the updated Credit and Collection Policy to the Buyer, the Borrower, the Administrative Agent and each LenderGroup Agent.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Exact Sciences Corp)

Change in Credit and Collection Policy. No Originator will make, or direct the Master Servicer to 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 LendersPurchasers. Promptly following any change in the Credit and Collection Policy, the Originator will deliver a copy of the updated Credit and Collection Policy to the Buyer, Administrative Agent and each LenderPurchaser.

Appears in 1 contract

Sources: Receivables Sale Agreement (Nabors Industries LTD)

Change in Credit and Collection Policy. No The Originator will make, or direct the Servicer to make, not make any material change in the Credit and Collection Policy that would have a Material Adverse Effect without the prior written consent of the Administrative Agent and the Majority LendersGroup Agents. Promptly following any material change in the Credit and Collection Policy, the Originator will deliver a copy of the updated Credit and Collection Policy to the Buyer, Company and the Administrative Agent and each LenderAgent.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Synchronoss Technologies Inc)

Change in Credit and Collection Policy. No Originator will make, or direct the Servicer to make, any material change in the Credit and Collection Policy without the prior written consent of the Administrative Agent and the Majority LendersAgent. Promptly following any change in the Credit and Collection Policy, the Originator will deliver a copy of the updated Credit and Collection Policy to the Buyer, Administrative Agent and each Lenderthe Buyer.

Appears in 1 contract

Sources: Sale and Contribution Agreement (Fortrea Holdings Inc.)

Change in Credit and Collection Policy. No Originator will make, or direct the Servicer to make, any material change in the Credit and Collection Policy without the prior written consent of the Administrative Agent and the Majority Lenders. Promptly following any material change in the Credit and Collection Policy, the Originator will deliver a copy of the updated Credit and Collection Policy to the Buyer, Administrative Agent and each Lender.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Owens & Minor Inc/Va/)

Change in Credit and Collection Policy. No Such Originator will make, or direct the Servicer to make, not make any material change in the Credit and Collection Policy without the prior written consent of the Administrative Agent and the Majority LendersGroup Agents. Promptly following any change in the Credit and Collection Policy, the such Originator will deliver a copy of the updated Credit and Collection Policy to the Buyer, Administrative Agent and each Lender.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Foresight Energy LP)

Change in Credit and Collection Policy. No Originator will make, or direct the Master Servicer to make, any material change in the Credit and Collection Policy without the prior written consent of the Administrative Agent and the Majority LendersPurchasers. Promptly following any change in the Credit and Collection Policy, the Originator will deliver a copy of the updated Credit and Collection Policy and a summary of all changes to the Buyer, the Administrative Agent and each LenderPurchaser.

Appears in 1 contract

Sources: Receivables Sale Agreement (Gray Television Inc)

Change in Credit and Collection Policy. No The Originator will not make, or direct the Servicer to make, any material change in the Credit and Collection Policy without the prior written consent of the Administrative Agent and the Majority LendersAgent. Promptly following any change in the Credit and Collection Policy, the Originator will deliver a copy of the updated Credit and Collection Policy to the Buyer, Administrative Agent and each LenderAgent.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Covia Holdings Corp)

Change in Credit and Collection Policy. No Originator will make, or direct the Servicer to make, any material change in the Credit and Collection Policy without the prior written consent of the Administrative Agent (each not to be unreasonably withheld, conditioned or delayed) except for any changes that could not reasonably be expected to materially and adversely affect the Majority Lenderscollectability, value or enforceability of the Pool Receivables (taken as a whole)). Promptly following any change in the Credit and Collection Policy, the Originator will deliver a copy of the updated Credit and Collection Policy to the Buyer, Administrative Agent and each Lenderthe Buyer.

Appears in 1 contract

Sources: Sale and Contribution Agreement (Vestis Corp)