Common use of Communications with Obligors Clause in Contracts

Communications with Obligors. Grantor Remains 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 Majority Lenders' satisfaction the existence, amount and terms of any Receivables. (b) Within five business days of the commencement of payment by an obligor under any Consumer Receivables owned by the Grantors or such obligor's entry into arrangements with respect to making payment on such Consumer Receivables, the Grantors shall notify such obligor on such Consumer Receivables that all amounts paid by such obligor in respect thereof shall be paid directly into the Collateral Account under the Blocked Account and Lock-Box Agreement and shall use its best efforts to cause such obligors to do so. (c) Anything herein to the contrary notwithstanding, each Grantor shall remain liable under each of the Receivables to observe and perform any conditions and obligations to be observed and performed by it thereunder, all in accordance with the terms of any agreement giving rise to such Grantor's interest therein. The Administrative Agent and any Lender shall not have any obligation or liability under any Receivable (or any agreement giving rise thereto) by reason of or arising out of this Agreement or the receipt by the Administrative Agent or any Lender of any payment relating thereto, nor shall the Administrative Agent or any Lender be obligated in any manner to perform any of the obligations of any Grantor under or pursuant to any Receivable (or any agreement giving rise thereto) to make any payment, to make any inquiry as to the nature or the sufficiency of any payment received by it or as to the sufficiency of any performance by any party thereunder, to present or file any claim, to take any action to enforce any performance or to collect the payment of any amounts which may have been assigned to it or to which it may be entitled at any time or times.

Communications with Obligors. Grantor Borrower Remains Liable. ----------------------------------------------------. (a) The Each of the Collateral Agent and the Administrative Agent Agent, in its own name or in the name of others others, may at any time communicate with the parties to the Satellite Contract to verify with them to the satisfaction of the Collateral Agent or the Administrative Agent, as the case may be, the existence, amount and terms of such Contract. (b) Upon the request of the Collateral Agent at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under Default, the Receivables to verify with them Borrower shall notify parties to the Majority Lenders' satisfaction Satellite Contract that the existence, amount and terms of any Receivables. (b) Within five business days Satellite Contract has been assigned to the Collateral Agent for the ratable benefit of the commencement of payment by an obligor under Secured Parties and that any Consumer Receivables owned by the Grantors or such obligor's entry into arrangements with respect to making payment on such Consumer Receivables, the Grantors shall notify such obligor on such Consumer Receivables that all amounts paid by such obligor payments in respect thereof shall be paid made directly into to the Collateral Account under the Blocked Account and Lock-Box Agreement and shall use its best efforts to cause such obligors to do soAgent. (c) Anything herein to the contrary notwithstanding, each Grantor the Borrower shall remain liable under each of the Receivables Satellite Contract to observe and perform any all the conditions and obligations to be observed and performed by it thereunder, all in accordance with the terms of any agreement giving rise to such Grantor's interest thereinthereto. The Administrative Neither the Collateral Agent and nor any Lender Secured Party shall not have any obligation or liability under any Receivable (or any agreement giving rise thereto) the Satellite Contract by reason of or arising out of this Agreement or the receipt by the Administrative Collateral Agent or any Lender Secured Party of any payment relating thereto, nor shall the Administrative Collateral Agent or any Lender Secured Party be obligated in any manner to perform any of the obligations of any Grantor the Borrower under or pursuant to any Receivable (or any agreement giving rise thereto) the Satellite Contract, to make any payment, to make any inquiry as to the nature or the sufficiency of any payment received by it or as to the sufficiency of any performance by any party thereunder, to present or file any claim, to take any action to enforce any performance or to collect the payment of any amounts which may have been assigned to it or to which it may be entitled at any time or times.

Communications with Obligors. Grantor Borrower Remains Liable. ----------------------------------------------------. (a) The Each of the Collateral Agent and the Administrative Agent Agent, in its own name or in the name of others others, may at any time communicate with the parties to the Satellite Contract to verify with them to the satisfaction of the Collateral Agent or the Administrative Agent, as the case may be, the existence, amount and terms of such Contract. (b) Upon the request of the Administrative Agent at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under Default, the Receivables to verify with them Borrower shall notify parties to the Majority Lenders' satisfaction Satellite Contract that the existence, amount and terms of any Receivables. (b) Within five business days Satellite Contract has been assigned to the Collateral Agent for the ratable benefit of the commencement of payment by an obligor under Secured Parties and that any Consumer Receivables owned by the Grantors or such obligor's entry into arrangements with respect to making payment on such Consumer Receivables, the Grantors shall notify such obligor on such Consumer Receivables that all amounts paid by such obligor payments in respect thereof shall be paid made directly into to the Collateral Account under the Blocked Account and Lock-Box Agreement and shall use its best efforts to cause such obligors to do soAgent. (c) Anything herein to the contrary notwithstanding, each Grantor the Borrower shall remain liable under each of the Receivables Satellite Contract to observe and perform any all the conditions and obligations to be observed and performed by it thereunder, all in accordance with the terms of any agreement giving rise to such Grantor's interest thereinthereto. The Administrative Neither the Collateral Agent and nor any Lender Secured Party shall not have any obligation or liability under any Receivable (or any agreement giving rise thereto) the Satellite Contract by reason of or arising out of this Agreement or the receipt by the Administrative Collateral Agent or any Lender Secured Party of any payment relating thereto, nor shall the Administrative Collateral Agent or any Lender Secured Party be obligated in any manner to perform any of the obligations of any Grantor the Borrower under or pursuant to any Receivable (or any agreement giving rise thereto) the Satellite Contract, to make any payment, to make any inquiry as to the nature or the sufficiency of any payment received by it or as to the sufficiency of any performance by any party thereunder, to present or file any claim, to take any action to enforce any performance or to collect the payment of any amounts which may have been assigned to it or to which it may be entitled at any time or times.

Communications with Obligors. Grantor Remains 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 the Contracts to verify with them to the Majority Lenders' Administrative Agent's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts. (b) Within five business days Upon the request of the commencement Administrative Agent at any time after the occurrence and during the continuance of payment by an obligor under any Consumer Receivables owned by the Grantors or such obligor's entry into arrangements with respect to making payment on such Consumer ReceivablesEvent of Default, the Grantors each Grantor shall notify such obligor obligors on such Consumer the Receivables and parties to the Contracts that all amounts paid by such obligor the Receivables and the Contracts have been assigned to the Administrative Agent for the ratable benefit of the Lenders and that payments in respect thereof shall be paid made directly into to the Collateral Account under the Blocked Account and Lock-Box Agreement and shall use its best efforts to cause such obligors to do soAdministrative Agent. (c) Anything herein to the contrary notwithstanding, each Grantor shall remain liable under each of the Receivables and Contracts to observe and perform any all the conditions and obligations to be observed and performed by it thereunder, all in accordance with the terms of any agreement giving rise to such Grantor's interest thereinthereto. The Neither the Administrative Agent and nor any Lender shall not have any obligation or liability under any Receivable (or any agreement giving rise thereto) or Contract by reason of or arising out of this Agreement or the receipt by the Administrative Agent or any Lender of any payment relating thereto, nor shall the Administrative Agent or any Lender be obligated in any manner to perform any of the obligations of any Grantor under or pursuant to any Receivable (or any agreement giving rise thereto) or Contract, to make any payment, to make any inquiry as to the nature or the sufficiency of any payment received by it or as to the sufficiency of any performance by any party thereunder, to present or file any claim, to take any action to enforce any performance or to collect the payment of any amounts which may have been assigned to it or to which it may be entitled at any time or times.