Common use of Duties of Client Clause in Contracts

Duties of Client. 1. The Client shall: i. Not assign, without XXXXXXX'x prior written consent, Financial Collateral to any other person; ii. Refrain from any disposals of Financial Collateral which might impair XXXXXXX'x ability to exercise its right to satisfaction from Financial Collateral; iii. Promptly inform XXXXXXX in writing about any change in facts characterizing the Client, in particular, inform it of any change in its place of business/registered office or its business name; iv. At AKCENTA's request, provide to AKCENTA the necessary cooperation in case that its right to satisfaction is realized from Financial Collateral; v. In the event that it fails to comply with its obligations vis-à-vis AKCENTA, relating to the provision of the agreed performance or payment of charges under the Agreement, to facilitate the satisfaction by AKCENTA of all Secured Claims including accessories from Financial Collateral.

Duties of Client. 1. The Client shall: i. Not assign, without XXXXXXX'x prior written consent, Financial Collateral to any other person; ii. Refrain from any disposals of Financial Collateral which might impair XXXXXXX'x ability to exercise its right to satisfaction from Financial Collateral; iii. Promptly inform XXXXXXX in writing about any change in facts characterizing the Client, in particular, inform it of any change in its place of business/registered office office or its business name; iv. At AKCENTA's request, provide to AKCENTA the necessary cooperation in case that its right to satisfaction is realized from Financial Collateral; v. In the event that it fails to comply with its obligations vis-à-vis AKCENTA, relating to the provision of the agreed performance or payment of charges under the Agreement, to facilitate the satisfaction by AKCENTA of all Secured Claims including accessories from Financial Collateral.