Common use of Federal Claims Clause in Contracts

Federal Claims. Debtor shall notify 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 Agent, Debtor 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 (Cherokee International Corp), Credit Agreement (Team Communications Group Inc)

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Federal Claims. Debtor shall notify Agent Trustee 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 AgentTrustee, Debtor 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 (Cherokee International Corp)

Federal Claims. Debtor Debtors shall notify 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 Agent, Debtor on behalf of the Benefitted Parties, Debtors 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 (Choice One Communications Inc)

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Federal Claims. Debtor shall notify Collateral 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 lawlaw and will execute and deliver to the Collateral Agent an Assignment of Claims Under United States Government Contract in the form prescribed by the Collateral Agent. Upon the request of Collateral Agent, Debtor 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: General Security Agreement (Ultralife Batteries Inc)

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