Common use of Increase Effective Date and Allocations Clause in Contracts

Increase Effective Date and Allocations. If the Aggregate Purchase Limit is increased in accordance with this Section, the Agent and the Seller shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase. The Agent shall promptly notify the Seller and the Purchasers of the final allocation of such increase and the Increase Effective Date.

Appears in 2 contracts

Sources: Receivables Sale Agreement (Sirva Inc), Receivables Sale Agreement (Sirva Inc)