Common use of Change in Payment Instructions Clause in Contracts

Change in Payment Instructions. The Borrower will not terminate the Provider Lockbox, the Provider Lockbox Account, the Lender Lockbox, or the Lender Lockbox Account, or make any change or replacement in the instructions contained in any Notice or otherwise, or regarding payments to be made to the Borrower, the Lender or the Master Servicer, except upon the prior and express direction of the Program Manager or the Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Nu Tech Bio Med Inc), Loan and Security Agreement (Physicians Clinical Laboratory Inc)

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Change in Payment Instructions. The Borrower will not terminate the Provider Lockbox, the Provider Lockbox Account, the Lender Lockbox, Lockboxes or the Lender Lockbox AccountAccounts, or make any change or replacement in the instructions contained in any Notice invoice, notice to an Obligor or otherwise, or regarding payments with respect to the Receivables to be made to the Borrower, the Lender or the Master Servicer, except upon the prior and express direction of the Program Manager or the Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (National Medical Health Card Systems Inc)

Change in Payment Instructions. The Borrower will not terminate the Provider Lockbox, the Provider any Lender Lockbox Account, the Lender Lockbox, or the Lender Lockbox Account, or make any change or replacement in the instructions contained in any invoice, Notice to Obligor or otherwise, or regarding payments with respect to the Receivables to be made to the Borrower, the Lender or the Master Servicer, except upon the prior and express direction of the Program Manager or the Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Staff Builders Inc /De/)

Change in Payment Instructions. The Borrower will not terminate the Provider LockboxLockboxes, the Provider Lockbox AccountAccounts, the Lender Lockbox, or the Lender Lockbox Account, or make any change or replacement in the instructions contained in any Notice or otherwise, or regarding payments to be made to the Borrower, the Lender or the Master Servicer, except upon the prior and express direction of the Program Manager or the Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Community Care of America Inc)

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Change in Payment Instructions. The Borrower It will not terminate the Provider LockboxLockboxes, the Provider Lockbox AccountAccounts, the Lender Lockbox, Purchaser Lockbox or the Lender Purchaser Lockbox Account, or make any change or replacement in the instructions contained in any invoice, Notice or otherwise, or regarding payments with respect to Receivables to be made to the Borrowerit, the Lender Purchaser or the Master Servicer, except upon the prior and express direction of the Program Manager or the LenderPurchaser.

Appears in 1 contract

Samples: Healthcare Receivables Purchase and Transfer Agreement (Community Care of America Inc)

Change in Payment Instructions. The Borrower will not terminate the Provider Lockbox, the Provider Lockbox Account, the Lender Lockbox, Lockboxes or the Lender Lockbox AccountAccounts, or make any change or replacement in the instructions contained in any invoice, Notice or otherwise, or regarding payments with respect to Accounts to be made to the Borrower, the Lender or the Master Servicer, except upon the prior and express direction written consent of the Program Manager or the Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Mim Corp)

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