Common use of Sale Termination Date Clause in Contracts

Sale Termination Date. The "Sale Termination Date" shall be the earlier to occur of (i) with respect to a particular Seller, the date (if any) that is such Seller's Mandatory Seller Termination Date or Permissive Seller Termination Date and (ii) the Termination Date under the Receivables Purchase Agreement.

Sale Termination Date. The "“Sale Termination Date" ” shall be the earlier to occur of (ia) with respect to a particular Seller, the date the Purchase Facility is terminated by Buyer (if anywith the prior written consent of the Administrative Agent) that is such Seller's Mandatory Seller Termination Date or Permissive Seller Termination Date pursuant to Section 8.2(a) and (iib) the Termination Date under the Receivables Purchase AgreementFinal Payout Date.