Common use of Change in Payment Instructions to Obligors Clause in Contracts

Change in Payment Instructions to Obligors. The Servicer will not make any change in its instructions to Obligors regarding where payments in respect of Contracts are to be made, unless the Deal Agent has consented to such change and has received duly executed documentation related thereto.

Appears in 20 contracts

Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)

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Change in Payment Instructions to Obligors. The Servicer will not make any change in its instructions to Obligors Obligors, agent banks or administrative agents on the Loan Assets regarding where payments in respect of Contracts are to be mademade with respect to the Collateral to the Collection Account, unless the Deal Administrative Agent has consented to such change and has received duly executed documentation related theretochange.

Appears in 19 contracts

Samples: Loan and Servicing Agreement (Diameter Credit Co), Loan and Servicing Agreement (Antares Private Credit Fund), Loan and Servicing Agreement (HPS Corporate Lending Fund)

Change in Payment Instructions to Obligors. The Servicer will not make any change in its instructions to Obligors regarding where payments in respect of Contracts are to be mademade with respect to the Collateral Portfolio to the Collection Account, unless the Deal Administrative Agent has consented to such change and has received duly executed documentation related theretochange.

Appears in 12 contracts

Samples: Loan and Servicing Agreement (Business Development Corp of America), Loan and Servicing Agreement (Business Development Corp of America), Loan and Servicing Agreement (Business Development Corp of America)

Change in Payment Instructions to Obligors. The Servicer will not make any change in its instructions to Obligors regarding where payments in respect of Contracts are to be made, unless the Deal Agent has Required Lenders have consented to such change and has have received duly executed documentation related thereto.

Appears in 9 contracts

Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)

Change in Payment Instructions to Obligors. The Servicer will not make any change in its instructions to Obligors regarding where payments in respect of Contracts are to be made, unless the Deal Agent (acting at the direction, or with the consent, of the Required Lenders) has consented to such change and has received duly executed documentation related thereto.

Appears in 8 contracts

Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)

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Change in Payment Instructions to Obligors. The Servicer will not make any change in its instructions to the Obligors regarding where payments in respect of Contracts are to be mademade to the Borrower, the Servicer or a Subservicer, unless the Deal Administrative Agent has consented to such change and has received duly executed documentation related thereto.

Appears in 2 contracts

Samples: Credit Agreement (Regional Management Corp.), Credit Agreement (Regional Management Corp.)

Change in Payment Instructions to Obligors. The Servicer will not make any change in its instructions to the Obligors regarding where payments in respect of Contracts are to be mademade to the Borrower or the Servicer or payments to be made to the Collection Account, unless the Deal Administrative Agent has consented to such change and has received duly executed documentation related thereto.

Appears in 1 contract

Samples: Loan and Security Agreement (DT Acceptance Corp)

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