Common use of Communications with Obligors; Grantors Remain Liable Clause in Contracts

Communications with Obligors; Grantors Remain Liable. 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 3 contracts

Samples: Guarantee and Collateral Agreement (Sba Communications Corp), Term B Guaranty and Collateral Agreement (Sei Investments Co), Credit Agreement (Furmanite Corp)

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Communications with Obligors; Grantors Remain Liable. The Administrative Agent Agent, in its own name or in the name of others 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: Credit Agreement (Griffon Corp), Credit Agreement (Griffon Corp)

Communications with Obligors; Grantors Remain Liable. 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 Pledged Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 2 contracts

Samples: Credit Agreement (Cco Holdings LLC), Credit Agreement (Cco Holdings LLC)

Communications with Obligors; Grantors Remain Liable. 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 1 contract

Samples: Credit Agreement (Inamed 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 to verify with them Accounts and parties to the Administrative Agent’s satisfaction Contracts (in each case, to the existence, amount and terms of any Receivables.extent constituting

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Telex Communications Inc)

Communications with Obligors; Grantors Remain Liable. The Administrative Agent in its own name or in the name of others may at any time during reasonable business hours 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 Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Renters Choice Inc)

Communications with Obligors; Grantors Remain Liable. 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 (by mail, telephone, facsimile, email or otherwise) 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: Term Loan Agreement (Gevo, Inc.)

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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, after giving reasonable notice to the relevant Grantor of its intent to do so, communicate with obligors under the Receivables Accounts to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.of

Appears in 1 contract

Samples: Security Agreement (Jostens IH Corp.)

Communications with Obligors; Grantors Remain Liable. 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 specified in Section 15.2(a) of the Credit Agreement, 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 's satisfaction the existence, amount and terms of any ReceivablesAccounts or Contracts.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Dynatech Corp)

Communications with Obligors; Grantors Remain Liable. 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, upon prior written notice to the Company, communicate with obligors under the Receivables included in Collateral hereunder and parties to the contracts to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivablessuch Receivables or contracts.

Appears in 1 contract

Samples: Credit Agreement (Dole Food Co Inc)

Communications with Obligors; Grantors Remain Liable. 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 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: Credit Agreement (Thermon Group Holdings, Inc.)

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