Common use of Compliance with Credit and Collection Policies Clause in Contracts

Compliance with Credit and Collection Policies. The Servicer shall comply in all respects with the Credit and Collection Policies with respect to each Transferred Receivable and the Contract therefor. The Servicer shall not amend, waive or modify any term or provision of the Credit and Collection Policies without the prior written consent of the Administrative Agent.

Appears in 2 contracts

Sources: Receivables Funding Agreement (Labor Ready Inc), Receivables Purchase and Servicing Agreement (Avondale Inc)

Compliance with Credit and Collection Policies. The Such Servicer shall comply in all respects with the Credit and Collection Policies with respect to each Transferred Receivable and the Related Security and the Contract therefor, except to the extent that such noncompliance could not reasonably be expected to have a Material Adverse Effect. The Such Servicer shall not amend, waive or modify any term or provision of the Credit and Collection Policies without the prior written consent of the Administrative Agent.

Appears in 1 contract

Sources: Receivables Purchase and Servicing Agreement (Castle a M & Co)

Compliance with Credit and Collection Policies. The Except as permitted by Section 5.03(c), the Servicer shall comply in all respects with the Credit and Collection Policies with respect to each Transferred Receivable and the Contract therefor. The Servicer shall not amend, waive or modify any term or provision of the Credit and Collection Policies without the prior written consent of the Administrative Agent.

Appears in 1 contract

Sources: Receivables Funding Agreement (Ak Steel Holding Corp)

Compliance with Credit and Collection Policies. The Servicer ---------------------------------------------- shall comply in all respects with the Credit and Collection Policies with respect to each Transferred Receivable and the Contract therefor. The Servicer shall not amend, waive or modify any term or provision item of the Credit and Collection Policies without the prior written consent of the Administrative Operating Agent.

Appears in 1 contract

Sources: Receivables Purchase and Servicing Agreement (Callaway Golf Co /Ca)

Compliance with Credit and Collection Policies. The Servicer shall comply in all respects with the Credit and Collection Policies with respect to each Transferred Receivable and the Contract therefor. The Servicer shall not amend, waive or modify any term or provision of the Credit and Collection Policies Policies, except as required to maintain compliance with applicable law or regulation, or to comply with changes in GAAP, without the prior written consent of the Administrative Agent.

Appears in 1 contract

Sources: Receivables Sale and Contribution Agreement (Consolidated Freightways Corp)

Compliance with Credit and Collection Policies. The Each Servicer shall comply in all respects with the Credit and Collection Policies with respect to each Transferred Receivable and the Contract therefor. The No Servicer shall not amend, waive or modify any term or provision of the Credit and Collection Policies without the prior written consent of the Administrative Agent.

Appears in 1 contract

Sources: Receivables Purchase and Servicing Agreement (K2 Inc)

Compliance with Credit and Collection Policies. The Servicer shall comply in all respects with the Credit and Collection Policies with respect to each Transferred Receivable and the Contract therefor, except to the extent that such noncompliance could not reasonably be expected to have a Material Adverse Effect. The Servicer shall not amend, waive or modify any term or provision of the Credit and Collection Policies without the prior written consent of the Administrative Agent.

Appears in 1 contract

Sources: Receivables Purchase and Servicing Agreement (Wabash National Corp /De)

Compliance with Credit and Collection Policies. The Servicer ---------------------------------------------- shall comply in all respects with the Credit and Collection Policies with respect to each Transferred Receivable and the Contract therefor. The Servicer shall not amend, waive or modify any term or provision of the Credit and Collection Policies without the prior written consent of the Administrative AgentPolicies.

Appears in 1 contract

Sources: Receivables Funding Agreement (Imperial Sugar Co /New/)

Compliance with Credit and Collection Policies. The Servicer shall comply in all material respects with the Credit and Collection Policies with respect applicable to each Transferred Receivable and the Contract therefor. The Servicer shall not amend, waive or modify any term or provision of the Credit and Collection Policies without the prior written consent of the Administrative Agent.

Appears in 1 contract

Sources: Receivables Purchase and Servicing Agreement (Advancepcs)