Common use of Termination Date Determination Clause in Contracts

Termination Date Determination. Seller will not designate the Termination Date (as defined in the Receivables Sale Agreement), or send any written notice to Originator in respect thereof, without the prior written consent of the Administrative Agent and the Agents, except with respect to the occurrence of such Termination Date arising pursuant to Section 5.1(d) of the Receivables Sale Agreement. Seller will not permit Originator to designate the Termination Date (as defined in the Transfer Agreement), or to send any written notice to any Original Seller in respect thereof, without the prior written consent of Seller, the Administrative Agent and the Agents, except with respect to the occurrence of such Termination Date arising pursuant to Section 5.1(d) of the Transfer Agreement.