Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent's satisfaction the existence, amount and terms of any Receivables.
Appears in 26 contracts
Samples: Guarantee and Collateral Agreement (Triumph Group Inc), Guarantee and Collateral Agreement (Alliance Laundry Corp), Guarantee and Collateral Agreement (Axiohm Transaction Solutions Inc)
Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to any material contract of any Grantor to verify with them to the Administrative Agent's satisfaction the existence, amount and terms of any ReceivablesReceivables or any material contract of any Grantor.
Appears in 3 contracts
Samples: Guarantee and Collateral Agreement (Tenneco Inc), Guarantee and Collateral Agreement (Tenneco Automotive Inc), Guarantee and Collateral Agreement (Tenneco Automotive Inc)
Communications with Obligors; Grantors Remain Liable. (a) The General Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the General Administrative Agent's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.
Appears in 2 contracts
Samples: Guarantee and Collateral Agreement (Laidlaw Environmental Services Inc), Credit Agreement (Safety Kleen Corp/)
Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time and from time to time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables Accounts and parties to the Contracts (in each case, to the extent constituting Collateral) to verify with them to the Administrative Agent's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.
Appears in 2 contracts
Samples: And Collateral Agreement (Ev International Inc), Guarantee and Collateral Agreement (Cole National Corp /De/)
Communications with Obligors; Grantors Remain Liable. (a) The At any time and from time to time after the occurrence and during the continuance of an Event of Default, the Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent's satisfaction the existence, amount and terms of any Receivables.
Appears in 2 contracts
Samples: Security and Guarantee Agreement (National Coal Corp), Security and Guarantee Agreement (National Coal Corp)
Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance existence of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent's satisfaction the existence, amount and terms of any Receivables.
Appears in 1 contract
Samples: And Collateral Agreement (Osullivan Industries Virginia Inc)
Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time [after the occurrence and during the continuance of an Event of Default Default] communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.
Appears in 1 contract
Samples: Guarantee and Collateral Agreement (Bar Technologies Inc)
