Common use of Changes in Instructions to Obligors Clause in Contracts

Changes in Instructions to Obligors. The Borrower shall not make any change in its instructions to Obligors regarding the deposit of Collections with respect to the Transferred Receivables, except to the extent the Administrative Agent directs the Borrower to change such instructions to Obligors or the Administrative Agent consents in writing to such change.

Appears in 7 contracts

Samples: Receivables Funding and Administration Agreement (Rexnord Corp), Funding Agreement (RBS Global Inc), Receivables Funding Agreement (Superior Telecom Inc)

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Changes in Instructions to Obligors. The Borrower shall not make any change in its instructions to Obligors regarding the deposit of Collections with respect to the Transferred Receivables, except to the extent the Administrative Agent directs and the Requisite Lenders direct the Borrower to change such instructions to Obligors or the Administrative Agent consents and the Requisite Lenders consent in writing to such change.

Appears in 7 contracts

Samples: Funding Agreement (Td Synnex Corp), Funding Agreement (Td Synnex Corp), Funding Agreement (Td Synnex Corp)

Changes in Instructions to Obligors. The Borrower shall not make any change in its instructions to Obligors regarding the deposit of Collections with respect to the Transferred Receivables, except to the extent the Administrative Agent directs the Borrower to change such instructions to Obligors or the Administrative Agent consents in writing to such changechange or such change in instruction is to deposit Collections to any other Lockbox or Collection Account.

Appears in 2 contracts

Samples: Funding Agreement (Cumulus Media Inc), Receivables Funding and Administration Agreement (Cumulus Media Inc)

Changes in Instructions to Obligors. The Borrower shall not make ----------------------------------- any change in its instructions to Obligors regarding the deposit of Collections with respect to the Transferred Receivables, except to the extent the Administrative Agent directs the Borrower to change such instructions to Obligors or the Administrative Agent consents in writing to such change.

Appears in 1 contract

Samples: Receivables Funding Agreement (Imperial Sugar Co /New/)

Changes in Instructions to Obligors. The Borrower shall not make any change in its instructions to Obligors regarding the deposit of Collections with respect to the Transferred Receivables, except to the extent the Administrative Agent directs the Borrower to change such instructions to Obligors or the Administrative Agent consents in writing to such changechange or as otherwise required by this Agreement.

Appears in 1 contract

Samples: Funding Agreement (Vertis Inc)

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Changes in Instructions to Obligors. The Borrower shall not make any change (other than non-substantive changes in format) in its instructions to Obligors regarding the deposit of Collections with respect to the Transferred Receivables, except (following the occurrence of an Account Control Event) to the extent the Administrative Agent directs the Borrower to change such instructions to Obligors or prior to the occurrence of an Account Control Event, the Administrative Agent consents in writing to such change.

Appears in 1 contract

Samples: Credit and Security Agreement (Alpha Natural Resources, Inc.)

Changes in Instructions to Obligors. The Borrower shall not make any change in its instructions to Obligors regarding the deposit of Collections with respect to the Transferred Receivables, except to the extent the Administrative Agent directs and the Requisite Lenders 727159853 10435078 34 direct the Borrower to change such instructions to Obligors or the Administrative Agent consents and the Requisite Lenders consent in writing to such change.

Appears in 1 contract

Samples: Funding Agreement (Synnex Corp)

Changes in Instructions to Obligors. The Borrower shall not make any change in its instructions to Obligors regarding the deposit of Collections with respect to the Transferred Receivables, except to the extent the Administrative Agent directs the Borrower to change such instructions to Obligors after the occurrence of a Termination Event or the Administrative Agent consents in writing to such change.

Appears in 1 contract

Samples: Receivables Funding and Administration Agreement (Ryerson Inc.)

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