Common use of Federal Claims Clause in Contracts

Federal Claims. Each Grantor shall notify the Administrative Agent of any Collateral which constitutes a claim against the United States government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal law. Upon the request of the Administrative Agent, each Grantor shall take such steps as may be necessary to comply with any applicable federal assignment of claims laws and other comparable laws.

Appears in 3 contracts

Samples: Security Agreement (Body Central Acquisition Corp), Security Agreement (Body Central Acquisition Corp), Security Agreement (Body Central Acquisition Corp)

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Federal Claims. Each Grantor shall notify the Administrative Agent of any Collateral which constitutes a claim against the United States government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal law. Upon the request of the Administrative Agent, each Grantor shall take such steps as may be necessary to comply with any applicable federal assignment of claims laws and other comparable laws.

Appears in 2 contracts

Samples: Security Agreement (Curative Health Services Inc), Credit Agreement (Curative Health Services Inc)

Federal Claims. Each Grantor shall notify the Administrative Agent promptly of any Collateral which constitutes a claim against the United States government or any instrumentality or agency agent thereof, the assignment of which claim is restricted by federal law. Upon the request of the Administrative Agent, each Grantor shall take such steps as may be necessary to comply with any applicable federal assignment of claims laws and or other comparable laws.

Appears in 1 contract

Samples: Security Agreement (Cherokee International Corp)

Federal Claims. Each Grantor shall notify the Administrative Agent of any Collateral (other than Government Accounts) which constitutes a claim against the United States government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal law. Upon the request of the Administrative Agent, each such Grantor shall take such steps as may be necessary to comply with any applicable federal assignment of claims laws and other comparable laws.

Appears in 1 contract

Samples: Security Agreement (Curative Health Services Inc)

Federal Claims. Each Grantor Grantors shall notify the Administrative Agent promptly of any Collateral which constitutes a claim against the United States government or any instrumentality or agency agent thereof, the assignment of which claim is restricted by federal law. Upon the request of the Administrative Agent, each Grantor shall take such steps as may be necessary to comply with any applicable federal assignment of claims laws and or other comparable laws.

Appears in 1 contract

Samples: Security Agreement (Vertis Inc)

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Federal Claims. Each Grantor shall notify the Administrative Agent of any Collateral (other than Government Accounts) which constitutes a claim against the United States government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal law. Upon the request of the Administrative Agent, each Grantor shall take such steps as may be necessary to comply with any applicable federal assignment of claims laws and other comparable laws.

Appears in 1 contract

Samples: Credit Agreement (Curative Health Services Inc)

Federal Claims. Each Upon the request of Administrative Agent, (1) each Grantor shall notify the Administrative Agent of any Collateral which constitutes a claim against the United States of America, or any State or municipal government or any department, instrumentality or agency thereof, the assignment of which claim is restricted by federal law. Upon the request of the Administrative Agent, law and (2) each Grantor shall take such steps as may be necessary to comply with any applicable federal assignment of claims laws and other comparable laws.

Appears in 1 contract

Samples: Security Agreement (Princeton Review Inc)

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