Common use of Collection Notices Clause in Contracts

Collection Notices. The Collateral Agent is authorized at any time after the occurrence and during the continuance of an Amortization Event to date and to deliver to the Collection Banks the Collection Notices. Seller hereby transfers to the Collateral Agent for the benefit of the Purchasers, effective when the Collateral Agent delivers such notice, the exclusive ownership and control of each Lock-Box and the Collection Accounts. In case any authorized signatory of Seller whose signature appears on a Collection Account Agreement shall cease to have such authority before the delivery of such notice, such Collection Notice shall nevertheless be valid as if such authority had remained in force. After the occurrence and during the continuance of an Amortization Event, Seller hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitled, to (i) endorse Seller’s name on checks and other instruments representing Collections and (ii) take such action as shall be necessary or desirable to cause all cash, checks and other instruments constituting Collections of Receivables to come into the possession of the Collateral Agent rather than Seller. Following the Amortization Date, Seller hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitled, to enforce the Receivables, the related Contracts and the Related Security.

Collection Notices. The Collateral Agent is authorized at any time after Following the occurrence and during the continuance of an Amortization Event or a Potential Amortization Event, the Agent is authorized at any time to date and to deliver to the Collection Banks the Collection Notices. Seller hereby transfers to the Collateral Agent for the benefit of the Purchasers, effective when the Collateral Agent delivers such notice, the exclusive ownership and control of each Lock-Box and the Collection Accounts. In case any authorized signatory of Seller whose signature appears on a Collection Account Agreement shall cease to have such authority before the delivery of such notice, such Collection Notice shall nevertheless be valid as if such authority had remained in force. After the occurrence and during the continuance of an Amortization Event, Seller hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitled, entitled to (i) endorse Seller’s name on checks and other instruments representing Collections Collections, (ii) enforce the Receivables, the related Contracts and the Related Security and (iiiii) take such action as shall be necessary or desirable to cause all cash, checks and other instruments constituting Collections of Receivables to come into the possession of the Collateral Agent rather than Seller. Following the Amortization Date, Seller hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitled, to enforce the Receivables, the related Contracts and the Related Security.

Collection Notices. The Collateral Agent (or its designee pursuant to the Intercreditor Agreement) is authorized at any time after the occurrence and during the continuance of an Amortization Event to date and to deliver to the Collection Banks the Collection NoticesNotices and to date and deliver the Postal Notices to the applicable post offices. Seller hereby transfers to the Collateral Agent for the benefit of the Purchasers, effective when the Collateral Agent delivers such noticenotices, the exclusive ownership dominion and control and “control” (within the meaning of Section 9-104 of the UCC of all applicable jurisdictions) of each Lock-Box Box, P. O. Box, each Collection Account and the Collection Accountsamounts on deposit therein. In case any authorized signatory of Seller whose signature appears on a Collection Account Agreement shall cease to have such authority before the delivery of such notice, such Collection Notice or Postal Notice shall nevertheless be valid as if such authority had remained in force. After the occurrence and during the continuance of an Amortization Event, Seller hereby authorizes Agent (or its designee pursuant to the Collateral AgentIntercreditor Agreement), and agrees that Agent (or its designee pursuant to the Collateral Agent Intercreditor Agreement) shall be entitled, entitled to (i) endorse Seller’s name on checks and other instruments representing Collections Collections, (ii) enforce the Receivables, the related Contracts and the Related Security and (iiiii) take such action as shall be necessary or desirable to cause all cash, checks and other instruments constituting Collections of Receivables to come into the possession of the Collateral Agent rather than Seller. Following the Amortization Date, Seller hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitled, to enforce the Receivables, the related Contracts and the Related Security.

Collection Notices. The Collateral Administrative Agent is authorized at any time after the occurrence and during the continuance of an Amortization Event to date and to deliver to the Collection Banks the a Collection NoticesNotice under any Collection Account Agreement. The Seller hereby transfers to the Collateral Administrative Agent for the benefit of the PurchasersGroups, effective when the Collateral Administrative Agent (at the direction of any Co-Agent) delivers such notice, the exclusive ownership and control of each Lock-Box and the Collection Accounts. In case any authorized signatory of the Seller whose signature appears on a Collection Account Agreement shall cease to have such authority before the delivery of such notice, such Collection Notice shall nevertheless be valid as if such authority had remained in force. After the occurrence and during the continuance of an Amortization Event, The Seller hereby authorizes the Collateral Administrative Agent, and agrees that the Collateral Administrative Agent shall be entitled, entitled to (i) endorse the Seller’s name on checks and other instruments representing Collections Collections, (ii) enforce the Receivables, the related Invoices and the Related Security and (iiiii) take such action as shall be necessary or desirable to cause all cash, checks and other instruments constituting Collections of Receivables to come into the possession of the Collateral Administrative Agent rather than the Seller. Following the Amortization Date, Seller hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitled, to enforce the Receivables, the related Contracts and the Related Security.

Collection Notices. The Collateral Agent is authorized at any time after Following the occurrence and during the continuance of an Amortization Event Event, the Administrative Agent is authorized at any time to date and to deliver to the Collection Banks the Collection Notices. Seller hereby transfers to the Collateral Administrative Agent for the benefit of the Purchasers, effective when the Collateral Administrative Agent delivers such notice, the exclusive ownership and control of each Lock-Box and the Collection Accounts. In case any authorized signatory of Seller whose signature appears on a Collection Account Agreement shall cease to have such authority before the delivery of such notice, such Collection Notice shall nevertheless be valid as if such authority had remained in force. After Following the occurrence and during the continuance of an Amortization Event, the Seller hereby authorizes the Collateral Administrative Agent, and agrees that the Collateral Administrative Agent shall be entitled, entitled to (i) endorse Seller’s name on checks and other instruments representing Collections Collections, (ii) enforce the Receivables, the related Contracts and the Related Security and (iiiii) take such action as shall be necessary or desirable to cause all cash, checks and other instruments constituting Collections of Receivables to come into the possession of the Collateral Administrative Agent rather than Seller. Following the Amortization Date, Seller hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitled, to enforce the Receivables, the related Contracts and the Related Security.

Collection Notices. The Collateral Agent is authorized at any time after the occurrence and during the continuance of an Amortization Event to date and to deliver to the Collection Banks the Collection Notices. Seller The Borrower hereby transfers to the Collateral Agent for the benefit of the PurchasersLender, effective when the Collateral Agent delivers such notice, the exclusive ownership dominion and control of each Lock-Box and the Collection Accounts. In case any authorized signatory of Seller the Borrower whose signature appears on a Collection Account Agreement shall cease to have such authority before the delivery of such notice, such Collection Notice shall nevertheless be valid as if such authority had remained in force. After the occurrence and during the continuance of an Amortization Event, Seller The Borrower hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitledentitled (a) at any time after delivery of the Collection Notices, to (i) endorse Sellerthe Borrower’s name on checks and other instruments representing Collections Collections, (b) at any time after the occurrence of an Amortization Event, to enforce the Purchased Receivables, the related Contracts (other than any Master Contract which contains a prohibition against the assignment thereof) and the Related Security, and (iic) at any time after the occurrence of an Amortization Event, to take such action as shall be necessary or desirable to cause all cash, checks and other instruments constituting Collections of Purchased Receivables to come into the possession of the Collateral Agent rather than Seller. Following the Amortization Date, Seller hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitled, to enforce the Receivables, the related Contracts and the Related SecurityBorrower.

Collection Notices. The Collateral Agent is authorized at any time after the occurrence and during the continuance of an any Amortization Event to date and to deliver to the Collection Banks the Collection Notices. The Agent agrees to notify Seller promptly after the delivery of such Collection Notices to the Collection Banks. Seller hereby transfers to the Collateral Agent for the benefit of the Purchasers, effective when the Collateral Agent delivers such notice, the exclusive ownership dominion and control and “control” (within the meaning of Section 9-104 of the UCC of all applicable jurisdictions) of each Lock-Box Box, each Collection Account and the Collection Accountsamounts on deposit therein. In case any authorized signatory of Seller whose signature appears on a Collection Account Agreement shall cease to have such authority before the delivery of such notice, such Collection Notice shall nevertheless be valid as if such authority had remained in force. After the occurrence and during the continuance of an Amortization Event, Seller hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitled, entitled to (i) endorse Seller’s name on checks and other instruments representing Collections Collections, (ii) enforce the Receivables, the related Contracts and the Related Security and (iiiii) take such action as shall be necessary or desirable to cause all cash, checks and other instruments constituting Collections of Receivables to come into the possession of the Collateral Agent rather than Seller. Following the Amortization Date, Seller hereby authorizes the Collateral Agent, and The Agent agrees that the Collateral Agent shall be entitled, to enforce the Receivablesafter delivery of a Collection Notice, the related Contracts Collection Banks may continue to provide or otherwise make available to Seller and the Related SecurityServicer copies of all correspondence or other mail which will be sent directly to the Agent subsequent to the delivery of such Collection Notice pursuant to the Collection Account Agreements.

Collection Notices. The Collateral Agent is authorized at any time after the occurrence and during the continuance of an Amortization Event to date and to deliver to the Collection Banks the Collection Notices. Seller hereby transfers to the Collateral Agent for the benefit of the Purchasers, effective when the Collateral Agent delivers such notice, the exclusive ownership and control of each Lock-Box and the Collection Accounts. In case any authorized signatory of Seller whose signature appears on a Collection Account Agreement shall cease to have such authority before the delivery of such notice, such Collection Notice shall nevertheless be valid as if such authority had remained in force. After the occurrence and during the continuance of an Amortization Event, Seller hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitled, to (i) endorse Seller’s name on checks and other instruments representing Collections and (ii) take such action as shall be necessary or desirable to cause all cash, checks and other instruments constituting Collections of Receivables to come into the possession of the Collateral Agent rather than Seller. Following the Amortization Date, Seller hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitled, to enforce the Receivables, the related Contracts and the Related Security.

Collection Notices. The Collateral Upon the occurrence of and during the continuation of an Amortization Event or a Potential Amortization Event, or during any Cash Dominion Trigger Period, the Administrative Agent is authorized at any time after the occurrence and during the continuance of an Amortization Event to date and to deliver to the Collection Banks the Collection Notices, and shall deliver such Collection Notices if directed to do so by the Required Lenders. Seller The Borrower hereby transfers to the Collateral Administrative Agent for the benefit of the PurchasersLenders, effective when the Collateral Administrative Agent delivers such notice, the exclusive ownership and control of each Lock-Box and the Collection AccountsAccount. In case If any authorized signatory of Seller the Borrower whose signature appears on a Collection Account Agreement shall cease to have such authority before the delivery of such noticea Collection Notice with respect thereto, such Collection Notice shall nevertheless be valid as if such authority had remained in force. After the occurrence and during the continuance of an Amortization Event, Seller The Borrower hereby authorizes the Collateral Administrative Agent, and agrees that the Collateral Administrative Agent shall be entitledentitled to, to following the delivery of any Collection Notice, (i) endorse Sellerthe Borrower’s name on checks and other instruments representing Collections Collections, (ii) enforce the Receivables, the related Contracts and the Related Security with respect thereto and (iiiii) take such action as shall be necessary or desirable to cause all cash, checks and other instruments constituting Collections of Receivables to come into the possession of the Collateral Administrative Agent rather than Seller. Following the Amortization Date, Seller hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitled, to enforce the Receivables, the related Contracts and the Related SecurityBorrower.

Collection Notices. The Collateral Agent is authorized at any time after the occurrence and during the continuance of an Amortization Event to date and to deliver to the Collection Banks the Collection Notices. Seller The Borrower hereby transfers to the Collateral Agent for the benefit of the PurchasersLenders, effective when the Collateral Agent delivers such notice, the exclusive ownership dominion and control of each Lock-Box and the Collection Accounts. In case any authorized signatory of Seller the Borrower whose signature appears on a Collection Account Agreement shall cease to have such authority before the delivery of such notice, such Collection Notice shall nevertheless be valid as if such authority had remained in force. After the occurrence and during the continuance of an Amortization Event, Seller The Borrower hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitledentitled (a) at any time after delivery of the Collection Notices, to (i) endorse Sellerthe Borrower’s name on checks and other instruments representing Collections Collections, (b) at any time after the occurrence of an Amortization Event, to enforce the Purchased Receivables, the related Contracts (other than any Master Contract which contains a prohibition against the assignment thereof) and the Related Security, and (iic) at any time after the occurrence of an Amortization Event, to take such action as shall be necessary or desirable to cause all cash, checks and other instruments constituting Collections of Purchased Receivables to come into the possession of the Collateral Agent rather than Seller. Following the Amortization Date, Seller hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitled, to enforce the Receivables, the related Contracts and the Related SecurityBorrower.

Collection Notices. The Collateral Agent is authorized at any time after the occurrence and during the continuance of an Amortization Event to date and to deliver to the Collection Banks the Collection Notices. Seller Borrower hereby transfers to the Collateral Agent for the benefit of the PurchasersLenders, effective when the Collateral Agent delivers such notice, the exclusive ownership and control of each Lock-Box and the Collection Accounts. In case any authorized signatory of Seller Borrower whose signature appears on a Collection Account Agreement shall cease to have such authority before the delivery of such notice, such Collection Notice shall nevertheless be valid as if such authority had remained in force. After Borrower hereby authorizes the Agent, and agrees that the Agent shall be entitled (i) at any time after delivery of the Collection Notices, to endorse Borrower's name on checks and other instruments representing Collections, (ii) at any time after the occurrence and during the continuance of an Amortization Event, Seller hereby authorizes to enforce the Collateral AgentReceivables, the related Contracts and the Related Security, and agrees that (iii) at any time after the Collateral Agent shall be entitledoccurrence and during the continuance of an Amortization Event, to (i) endorse Seller’s name on checks and other instruments representing Collections and (ii) take such action as shall be necessary or desirable to cause all cash, checks and other instruments constituting Collections of Receivables to come into the possession of the Collateral Agent rather than Seller. Following the Amortization Date, Seller hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitled, to enforce the Receivables, the related Contracts and the Related SecurityBorrower.

Collection Notices. The Collateral Administrative Agent is authorized at any time after the occurrence and during the continuance of an Amortization Event to date and to deliver to the Collection Banks the Collection Notices. Seller The Borrower hereby transfers to the Collateral Administrative Agent for the benefit of the PurchasersLenders, effective when the Collateral Administrative Agent delivers such notice, the exclusive ownership dominion and control of each Lock-Box and the Collection Accounts. In case any authorized signatory of Seller the Borrower whose signature appears on a Collection Account Agreement shall cease to have such authority before the delivery of such notice, such Collection Notice shall nevertheless be valid as if such authority had remained in force. After the occurrence and during the continuance of an Amortization Event, Seller The Borrower hereby authorizes the Collateral Administrative Agent, and agrees that the Collateral Administrative Agent shall be entitledentitled (a) at any time after delivery of the Collection Notices, to (i) endorse Sellerthe Borrower’s name on checks and other instruments representing Collections Collections, (b) at any time after the occurrence of an Amortization Event, to enforce the Purchased Receivables, the related Contracts (other than any Master Contract which contains a prohibition against the assignment thereof) and the Related Security, and (iic) at any time after the occurrence of an Amortization Event, to take such action as shall be necessary or desirable to cause all cash, checks and other instruments constituting Collections of Purchased Receivables to come into the possession of the Collateral Administrative Agent rather than Seller. Following the Amortization Date, Seller hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitled, to enforce the Receivables, the related Contracts and the Related SecurityBorrower.

Collection Notices. The Collateral Agent is authorized at any time after the occurrence and during the continuance of an Amortization Event to date and to deliver to the Collection Banks the Collection Notices. The Collateral Agent agrees to provide the Seller with a copy of each such Collection Notice promptly following the delivery thereof to the related Collection Bank; PROVIDED, that any failure or delay on the part of the Collateral Agent in providing a copy of any such Collection Notice to the Seller shall not impair, diminish or otherwise adversely affect the effectiveness of the issuance or the enforceability of such Collection Notice. The Seller hereby transfers to the Collateral Agent for the benefit of the Purchasers, effective when the Collateral Agent delivers such notice, the exclusive ownership and control of each Lock-Box and the Collection Accounts. In case any authorized signatory of the Seller whose signature appears on a Collection Account Agreement shall cease to have such authority before the delivery of such notice, such Collection Notice shall nevertheless be valid as if such authority had remained in force. After the occurrence and during the continuance of an Amortization Event, The Seller hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitled, entitled to (i) endorse the Seller’s 's name on checks and other instruments representing Collections Collections, (ii) enforce the Receivables, the related Contracts and the Related Security and (iiiii) take such action as shall be necessary or desirable to cause all cash, checks and other instruments constituting Collections of Receivables to come into the possession of the Collateral Agent rather than the Seller. Following the Amortization Date, Seller hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitled, to enforce the Receivables, the related Contracts and the Related Security.

Collection Notices. The Collateral Agent is authorized at any time after the occurrence and during the continuance of an any Amortization Event to date and to deliver to the Collection Banks the Collection Notices. The Agent agrees to notify the Seller promptly after the AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT delivery of such Collection Notices to the Collection Banks. Seller hereby transfers to the Collateral Agent for the benefit of the Purchasers, effective when the Collateral Agent delivers such notice, the exclusive ownership dominion and control and "control" (within the meaning of Section 9-104 of the UCC of all applicable jurisdictions) of each Lock-Box Box, each Collection Account and the Collection Accountsamounts on deposit therein. In case any authorized signatory of Seller whose signature appears on a Collection Account Agreement shall cease to have such authority before the delivery of such notice, such Collection Notice shall nevertheless be valid as if such authority had remained in force. After the occurrence and during the continuance of an Amortization Event, Seller hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitled, entitled to (i) endorse Seller’s 's name on checks and other instruments representing Collections Collections, (ii) enforce the Receivables, the related Contracts and the Related Security and (iiiii) take such action as shall be necessary or desirable to cause all cash, checks and other instruments constituting Collections of Receivables to come into the possession of the Collateral Agent rather than Seller. Following the Amortization Date, Seller hereby authorizes the Collateral Agent, and The Agent agrees that the Collateral Agent shall be entitled, to enforce the Receivablesafter delivery of a Collection Notice, the related Contracts Collection Banks may continue to provide or otherwise make available to the Seller and the Related SecurityServicer copies of all correspondence or other mail which will be sent directly to the Agent subsequent to the delivery of such Collection Notice pursuant to the Collection Account Agreements.