Common use of Collection Rights Clause in Contracts

Collection Rights. At any time before or after an Event of Default, the Secured Party may, and at the request of the Secured Party the Debtor shall, promptly notify any account debtor, issuer or obligor of any account, instrument, investment property, chattel paper, other right to payment or general intangible constituting Collateral that the same has been assigned to the Secured Party and direct such account debtor, issuer or obligor to make all future payments to the Secured Party.

Collection Rights. At any time before or after an Event of Default, the Secured Party party may, and at the request of the Secured Party the Debtor shall, promptly notify any account debtor, issuer debtor or obligor of any account, instrument, investment property, chattel paper, other right to payment or general intangible constituting Collateral that the same has been assigned to the Secured Party and direct such account debtor, issuer debtor or obligor to make all future payments to the Secured Party.

Collection Rights. At any time before or after and during the continuance of an Event of Default, the Secured Party may, and at the request of the Secured Party the Party, Debtor shall, shall promptly notify any account debtor, issuer debtor or obligor of any account, instrument, investment property, chattel paper, other right to payment payment, or general intangible constituting Collateral that the same has been assigned to the Secured Party and shall direct such account debtor, issuer debtor or obligor to make all future payments to the Secured Party.

Collection Rights. At any time before or after an Event of Default, the Secured Party may, and at the request of the Secured Party the Debtor shall, promptly notify any account debtor, issuer debtor or obligor of any account, instrument, investment property, chattel paper, other right to payment or general intangible constituting Collateral that the same has been assigned to the Secured Party and direct such account debtor, issuer debtor or obligor to make all future payments to the Secured Party for the benefit of the Secured Party.