Common use of Direction to Account Debtors; Contracting Parties; etc Clause in Contracts

Direction to Account Debtors; Contracting Parties; etc. The Grantor agrees that the Administrative Agent may, upon reasonable notice to the Grantor of its failure to do so, directly notify the obligors with respect to any Receivables, General Intangibles and/or under any Assigned Agreements to make payments with respect thereto as provided in Sections 2.01(c) and 4.

Appears in 2 contracts

Samples: Credit Agreement (Orion Power Holdings Inc), Credit Agreement (Orion Power Holdings Inc)

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Direction to Account Debtors; Contracting Parties; etc. The Grantor agrees that the Administrative Agent may, upon reasonable notice to the Grantor of its failure to do so, so directly notify the obligors with respect to any Receivables, General Intangibles and/or under any Assigned Agreements to make payments with respect thereto as provided in Sections 2.01(c) (ii) and 4.

Appears in 1 contract

Samples: Credit Agreement (Orion Power Holdings Inc)

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