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

Change in Credit and Collection Policy. The Servicer will not make any material change in the Credit and Collection Policy without the prior written consent of the Administrator and the Majority Purchaser Agents (such consent not to be unreasonably withheld or delayed).

Appears in 7 contracts

Sources: Receivables Purchase Agreement (LyondellBasell Industries N.V.), Receivables Purchase Agreement (LyondellBasell Industries N.V.), Receivables Purchase Agreement (LyondellBasell Industries N.V.)

Change in Credit and Collection Policy. The Servicer will not make any material change in the Credit and Collection Policy without the prior written consent of the Administrator Administrative Agent and the Majority Purchaser Agents (such consent Lenders, not to be unreasonably withheld withheld, conditioned or delayed). Promptly following any change in the Credit and Collection Policy, the Servicer will deliver a copy of the updated Credit and Collection Policy to the Administrative Agent and each Lender.

Appears in 5 contracts

Sources: Receivables Financing Agreement (Alliance Resource Partners Lp), Receivables Financing Agreement (Alliance Resource Partners Lp), Receivables Financing Agreement (Alliance Holdings GP, L.P.)

Change in Credit and Collection Policy. The Servicer will not make any material change in the Credit and Collection Policy without the prior written consent of the Administrator Agent and the Majority Purchaser Agents Investors (such consent not to be unreasonably withheld or delayed). Promptly following any material change in the Credit and Collection Policy, the Servicer will deliver a copy of the updated Credit and Collection Policy to the Agent.

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 Servicer will not make any material change in the Credit and Collection Policy without the prior written consent of the Administrator and the Majority Purchaser Agents (such consent not to be unreasonably withheld withheld, conditioned or delayed).

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Celanese Corp), Receivables Purchase Agreement (Celanese Corp)

Change in Credit and Collection Policy. The Servicer will not make any material change in the Credit and Collection Policy without the prior written consent of the Administrator Administrative Agent and the Majority Purchaser Group Agents (such consent not to be unreasonably withheld or delayed).

Appears in 2 contracts

Sources: Receivables Financing Agreement (NuStar Energy L.P.), Receivables Financing Agreement (NuStar Energy L.P.)

Change in Credit and Collection Policy. The Servicer will not make any material change in the Credit and Collection Policy without the prior written consent of the Administrator and the Majority Purchaser Agents (such consent not to be unreasonably withheld or delayed).the

Appears in 1 contract

Sources: Receivables Financing Agreement (Lamar Media Corp/De)

Change in Credit and Collection Policy. The Servicer will not make any material change in the Credit and Collection Policy without the prior written consent of the Administrator Administrative Agent and the Majority Purchaser Agents Required Lenders (such consent not to be unreasonably withheld unreasonably, withheld, condition or delayed), unless such changes are required by applicable Law in which case no such consent shall be required. Promptly following any change in the Credit and Collection Policy, the Servicer will deliver a copy of the updated Credit and Collection Policy to the Administrative Agent and each Lender.

Appears in 1 contract

Sources: Receivables Financing Agreement (Xperi Inc.)

Change in Credit and Collection Policy. The Servicer will not make any material change in the Credit and Collection Policy without the prior written consent of the Administrator and the Majority Purchaser Agents (such consent not to be unreasonably withheld or delayed)Agents.

Appears in 1 contract

Sources: Receivables Purchase Agreement (Meritor Inc)