Common use of Purchase and Sale Termination Event Clause in Contracts

Purchase and Sale Termination Event. A Purchase and Sale Termination Event shall occur under the Receivables Sale and Contribution Agreement.  123 Credit and Collection Policies and General Terms and Conditions 124 Part 1 Description of the Credit and Collection Policies of each originator FERRO MANAGEMENT POLICY GUIDE No: 5•1•8 To: MPG Distribution Issued Date: 04-19-11 Subject: Corporate Credit and Collection Policy ____________________________________________________________________________________ Initiated By: Finance Department Supersedes MPG: 5.1.8 Approved By: ▇▇▇ ▇▇▇▇▇▇ Date: 07-24-03 ____________________________________________________________________________________

Purchase and Sale Termination Event. A Purchase and Sale Termination Event shall occur under the Receivables Sale and Contribution Agreement.  123 120 Credit and Collection Policies and General Terms and Conditions 124 Part 1 121 Description of the Credit and Collection Policies of each originator FERRO MANAGEMENT POLICY GUIDE No: 5•1•8 To: MPG Distribution Issued Date: 04-19-11 Subject: Corporate Credit and Collection Policy ____________________________________________________________________________________ Initiated By: Finance Department Supersedes MPG: 5.1.8 Approved By: ▇▇▇ ▇▇▇▇▇▇ Date: 07-24-03 ____________________________________________________________________________________5.1.8