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

Change in Payment Instructions to Obligors. The Borrower shall not (and shall not instruct or encourage the Servicer or any Sub-Servicer to) add, replace or terminate any Collection Account (or any related Lock-Box) or make any change in its (or their) instructions to the Obligors regarding payments to be made to the Collection Accounts (or any related Lock-Box), other than any instruction to remit payments to a different Collection Account (or any related Lock-Box), unless the Administrative Agent shall have received (i) prior written notice of such addition, termination or change and (ii) a signed and acknowledged Account Control Agreement (or amendment thereto) with respect to such new Collection Accounts (or any related Lock-Box), in each case (x) in form and substance reasonably satisfactory to the Administrative Agent and (y) in accordance with the terms hereof and, if applicable, such Account Control Agreement.

Appears in 11 contracts

Samples: Receivables Financing Agreement (BrightView Holdings, Inc.), Receivables Financing Agreement (Waystar Holding Corp.), Receivables Financing Agreement (Waystar Holding Corp.)

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Change in Payment Instructions to Obligors. The Borrower shall not (and shall not instruct or encourage permit the Servicer or any Sub-Servicer to) add, replace or terminate any Collection Account (or any related Lock-Box) or make any change in its (or their) instructions to the Obligors regarding payments to be made to the Collection Accounts (or any related Lock-Box), other than any instruction to remit payments to a different Collection Account (or any related Lock-Box), unless the Administrative Agent shall have received (i) prior written notice of such addition, termination or change and (ii) a signed and acknowledged Account Control Agreement (or amendment thereto) with respect to such new Collection Accounts (or any related Lock-Box), in each case (x) in form and substance reasonably satisfactory to the Administrative Agent and (y) shall have consented to such change in accordance with the terms hereof and, if applicable, such Account Control Agreementwriting.

Appears in 7 contracts

Samples: Receivables Financing Agreement (Evoqua Water Technologies Corp.), Receivables Financing Agreement (Compass Minerals International Inc), Receivables Financing Agreement (Evoqua Water Technologies Corp.)

Change in Payment Instructions to Obligors. The Borrower shall not (and shall not instruct or encourage permit the Servicer or any Sub-Servicer to) add, replace or terminate any Collection Account (or any related Lock-Box) or make any change in its (or their) instructions to the Obligors regarding payments to be made to the Collection Accounts (or any related Lock-Box), other than any instruction to remit payments to a different Collection Account (or any related Lock-Box), unless the Administrative Agent shall have received (i) prior written notice of such addition, termination or change and (ii) a signed and acknowledged Collection Account Control Agreement (or an amendment thereto) with respect to such new Collection Accounts (or any related Lock-Box), in each case (x) in form and substance reasonably satisfactory to the Administrative Agent and (y) shall have consented to such change in accordance with the terms hereof and, if applicable, such Account Control Agreementwriting.

Appears in 6 contracts

Samples: Receivables Financing Agreement (Traeger, Inc.), Receivables Financing Agreement (PACIFIC GAS & ELECTRIC Co), Receivables Financing Agreement (PACIFIC GAS & ELECTRIC Co)

Change in Payment Instructions to Obligors. The Borrower shall not (and shall not instruct or encourage permit the Servicer or any Sub-Servicer to) add, replace or terminate any Collection Account (or any related Lock-Box) or make any change in its (or their) instructions to the Obligors regarding payments to be made to the Collection Accounts (or any related Lock-Box), other than any instruction to remit payments to a different Collection Account (or any related Lock-Box), unless the Administrative Agent shall have received (i) prior written notice of such addition, termination or change and (ii) a signed and acknowledged Account Control Agreement (or an amendment thereto) with respect to such new Collection Accounts Account (or any related Lock-Box), in each case (x) in form and substance reasonably satisfactory and, solely with respect to the replacement or termination of a Collection Account, the Administrative Agent and (y) shall have consented to such change in accordance with the terms hereof and, if applicablewriting, such Account Control Agreementconsent not to be unreasonably withheld, conditioned or delayed.

Appears in 4 contracts

Samples: Receivables Financing Agreement (DCP Midstream, LP), Receivables Financing Agreement (DCP Midstream, LP), Receivables Financing Agreement (DCP Midstream, LP)

Change in Payment Instructions to Obligors. The Borrower shall not (and shall not instruct or encourage the Servicer or any Sub-Servicer to) add, replace or terminate any Collection Account (or any related Lock-Box) or make any change in its (or their) instructions to the Obligors regarding payments to be made to the Collection Accounts (or any related Lock-Box), other than any instruction to remit payments to a different Collection Account (or any related Lock-Box), unless the Administrative Agent shall have received (i) prior written notice of such addition, termination or change and (ii) a signed and acknowledged Collection Account Control Agreement (or amendment thereto) with respect to such new Collection Accounts (or any related Lock-Box), in each case (x) in form and substance reasonably satisfactory to the Administrative Agent and (y) in accordance with the terms hereof and, if applicable, such Collection Account Control Agreement.

Appears in 3 contracts

Samples: Receivables Financing Agreement (PRA Health Sciences, Inc.), Receivables Financing Agreement (PRA Health Sciences, Inc.), Financing Agreement (PRA Health Sciences, Inc.)

Change in Payment Instructions to Obligors. The Borrower shall not (and shall not instruct or encourage permit the Servicer or any Sub-Servicer to) add, replace or terminate any Collection Account (or any related Lock-Box) or make any change in its (or their) instructions to the Obligors regarding payments to be made to the Collection Accounts (or any related Lock-Box), other than any instruction to remit payments to a different Collection Account (or any related Lock-Box), unless the Administrative Agent shall have received (i) prior written notice of such addition, termination or change and (ii) a signed and acknowledged Account Control Agreement (or an amendment thereto) with respect to such new Collection Accounts (or any related Lock-Box), in each case (x) in form and substance reasonably satisfactory to the Administrative Agent and (y) shall have consented to such change in accordance with the terms hereof and, if applicable, such Account Control Agreementwriting.

Appears in 3 contracts

Samples: Receivables Financing Agreement (Applied Industrial Technologies Inc), Receivables Financing Agreement (Integra Lifesciences Holdings Corp), Receivables Financing Agreement (Sylvamo Corp)

Change in Payment Instructions to Obligors. The No Borrower shall not (and shall not instruct or encourage permit the Servicer or any Sub-Servicer to) add, replace or terminate any Collection Account (or any related Lock-Box) or make any change in its (or their) instructions to the Obligors regarding payments to be made to the Collection Accounts (or any related Lock-Box), other than any instruction to remit payments to a different Collection Account (or any related Lock-Box), unless the Administrative Agent shall have received (i) prior written notice of such addition, termination or change and (ii) a signed and acknowledged Account Control Agreement (or amendment thereto) with respect to such new Collection Accounts (or any related Lock-Box), in each case (x) in form and substance reasonably satisfactory to the Administrative Agent and (y) shall have consented to such change in accordance with the terms hereof and, if applicable, such Account Control Agreementwriting.

Appears in 3 contracts

Samples: Receivables Financing Agreement (Lamar Media Corp/De), Receivables Financing Agreement (Lamar Media Corp/De), Receivables Financing Agreement (Lamar Media Corp/De)

Change in Payment Instructions to Obligors. The Borrower shall not (and shall not instruct or encourage permit the Servicer or any Sub-Servicer to) add, replace or terminate any Collection Account (or any related Lock-Box) or make any change in any material respect in its (or their) instructions to the Obligors regarding payments to be made to the Collection Accounts (or any related Lock-Box), other than any instruction to remit payments to a different Collection Account (or any related Lock-Box), unless the Administrative Agent shall have received (i) prior written notice of such addition, termination or change and (ii) a signed and acknowledged Account Control Agreement (or amendment thereto) with respect to such new Collection Accounts (or any related Lock-Box), in each case (x) in form and substance reasonably satisfactory to the Administrative Agent and (y) shall have consented to such change in accordance with the terms hereof and, if applicable, such Account Control Agreementwriting.

Appears in 3 contracts

Samples: Omnibus Amendment (CONSOL Energy Inc.), Omnibus Amendment (CONSOL Energy Inc.), Receivables Financing Agreement (CONSOL Energy Inc.)

Change in Payment Instructions to Obligors. The Borrower shall not (and shall not instruct or encourage permit the Servicer or any Sub-Servicer to) add, replace or terminate any Collection Account (or any related Lock-Box) or make any change in its (or their) instructions to the Obligors regarding payments to be made to the Collection Accounts (or any related Lock-Box), other than any instruction to remit payments to a different Collection Account (or any related Lock-Box), unless the Administrative Agent shall have received (i) prior written notice of such addition, termination or change and (ii) a signed and acknowledged Account Control Agreement (or an amendment thereto) with respect to such new Collection Accounts (or any related Lock-Box), in each case (x) in form and substance reasonably satisfactory to the Administrative Agent and shall have consented to such change in writing, which consent shall not be unreasonably withheld, conditioned or delayed. (y) in accordance with the terms hereof and, if applicable, such Account Control Agreement.p)

Appears in 2 contracts

Samples: Receivables Financing Agreement (Davey Tree Expert Co), Financing Agreement (Davey Tree Expert Co)

Change in Payment Instructions to Obligors. The Borrower shall not (and shall not instruct or encourage the permit each Servicer or any Sub-Servicer to) add, replace or terminate any Collection Account (or any related Lock-Box) or make any change in its (or their) instructions to the Obligors regarding payments to be made to the Collection Accounts (or any related Lock-Box), other than any instruction to remit payments to a different Collection Account (or any related Lock-Box), unless the Administrative Agent shall have received (i) prior written notice of such addition, termination or change and (ii) a signed and acknowledged Account Control Agreement (or amendment thereto) with respect to such new Collection Accounts (or any related Lock-Box), in each case (x) in form and substance reasonably satisfactory to the Administrative Agent and (y) shall have consented to such change in accordance with the terms hereof and, if applicable, such Account Control Agreementwriting.

Appears in 2 contracts

Samples: Receivables Financing Agreement (Sabre Corp), Receivables Financing Agreement (Sabre Corp)

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Change in Payment Instructions to Obligors. The Borrower shall not (and shall not instruct or encourage permit the Servicer or any Sub-Servicer to) add, replace or terminate any Collection Account (or any related Lock-Box) or make any change in its (or their) instructions to the Obligors regarding payments to be made to the Collection Accounts (or any related Lock-Box), other than any instruction to remit payments to a different Collection Account (or any related Lock-Box), unless the Administrative Agent shall have received (i) prior written notice of such addition, termination or change and (ii) a signed and acknowledged Account Control Agreement (or amendment thereto) with respect to such new Collection Accounts (or any related Lock-Box), in each case (x) in form and substance reasonably satisfactory to the Administrative Agent and (y) in accordance with the terms hereof and, if applicable, such Account Control AgreementAgent.

Appears in 1 contract

Samples: Receivables Financing Agreement (Syneos Health, Inc.)

Change in Payment Instructions to Obligors. The Borrower shall not (and shall not instruct or encourage permit the Servicer or any Sub-Servicer to) add, replace or terminate any Collection 66 Account (or any related Lock-Box) or make any change in its (or their) instructions to the Obligors regarding payments to be made to the Collection Accounts (or any related Lock-Box), other than any instruction to remit payments to a different Collection Account (or any related Lock-Box), unless the Administrative Agent shall have received (i) prior written notice of such addition, termination or change and (ii) a signed and acknowledged Account Control Agreement (or an amendment thereto) with respect to such new Collection Accounts (or any related Lock-Box), in each case (x) in form and substance reasonably satisfactory to the Administrative Agent and (y) shall have consented to such change in accordance with the terms hereof and, if applicable, such Account Control Agreementwriting.

Appears in 1 contract

Samples: Receivables Financing Agreement (Integra Lifesciences Holdings Corp)

Change in Payment Instructions to Obligors. The Borrower shall not (and shall not instruct or encourage permit the Servicer or any Sub-Servicer Sub‑Servicer to) add, replace or terminate any Collection Account (or any related Lock-BoxLock‑Box) or make any change in its (or their) instructions to the Obligors regarding payments to be made to the Collection Accounts (or any related Lock-BoxLock‑Box), other than any instruction to remit payments to a different Collection Account (or any related Lock-BoxLock‑Box), unless the Administrative Agent shall have received (i) prior written notice of such addition, termination or change and (ii) a signed and acknowledged Account Control Agreement (or an amendment thereto) with respect to such new Collection Accounts (or any related Lock-BoxLock‑Box), in each case (x) in form and substance reasonably satisfactory to the Administrative Agent and (y) shall have consented to such change in accordance with the terms hereof andwriting, if applicablewhich consent shall not be unreasonably withheld, such Account Control Agreementconditioned or delayed.

Appears in 1 contract

Samples: Receivables Financing Agreement (Davey Tree Expert Co)

Change in Payment Instructions to Obligors. The Borrower shall not (and shall not instruct or encourage permit the Servicer or any Sub-Servicer Sub‑Servicer to) add, replace or terminate any Collection Account (or any related Lock-BoxLock‑Box) or make any change in its (or their) instructions to the Obligors regarding payments to be made to the Collection Accounts (or any related Lock-BoxLock‑Box), other than any instruction to remit payments to a different Collection Account (or any related Lock-BoxLock‑Box), unless the Administrative Agent shall have received (i) prior written notice of such addition, termination or change and (ii) a signed and acknowledged Account Control Agreement (or an amendment thereto) with respect to such new Collection Accounts Account (or any related Lock-BoxLock‑Box), in each case (x) in form and substance reasonably satisfactory and, solely with respect to the replacement or termination of a Collection Account, the Administrative Agent and (y) shall have consented to such change in accordance with the terms hereof and, if applicablewriting, such Account Control Agreementconsent not to be unreasonably withheld, conditioned or delayed.

Appears in 1 contract

Samples: Receivables Financing Agreement (Zebra Technologies Corp)

Change in Payment Instructions to Obligors. The Borrower Seller shall not (and shall not instruct or encourage permit the Master Servicer or any Sub-Servicer to) add, replace or terminate any Collection Account (or any related Lock-Box) or make any change in its (or their) instructions to the Obligors regarding payments to be made to the Collection Accounts (or any related Lock-Box), other than any instruction to remit payments to a different Collection Account (or any related Lock-Box), unless the Administrative Agent shall have received (i) prior written notice of such addition, termination or change and (ii) a signed and acknowledged Account Control Agreement (or amendment thereto) with respect to such new Collection Accounts (or any related Lock-Box), in each case (x) in form and substance reasonably satisfactory to the Administrative Agent and shall have consented to such change in writing (y) in accordance with the terms hereof andwhich consent shall not be unreasonably withheld, if applicable, such Account Control Agreementdelayed or conditioned).

Appears in 1 contract

Samples: Receivables Purchase Agreement (Gray Television Inc)

Change in Payment Instructions to Obligors. The Borrower shall not (and shall not instruct or encourage permit the Servicer or any Sub-Servicer to) add, replace or terminate any Collection Account (or any related Lock-Box) or make any change in its (or their) instructions to the Obligors regarding payments to be made to the Collection Accounts (or any related Lock-Lock- Box), other than any instruction to remit payments to a different Collection Account (or any related Lock-Box), unless the Administrative Agent shall have received (i) prior written notice of such addition, termination or change and (ii) a signed and acknowledged Account Control Agreement (or an amendment thereto) with respect to such new Collection Accounts (or any related Lock-Box), in each case (x) in form and substance reasonably satisfactory to the Administrative Agent and shall have consented to such change in writing. (y) in accordance with the terms hereof and, if applicable, such Account Control Agreement.o)

Appears in 1 contract

Samples: Version Receivables Financing Agreement (Applied Industrial Technologies Inc)

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