Common use of Forwarding of Notices Clause in Contracts

Forwarding of Notices. From the Effective Date, Seller shall forward to Purchaser within two (2) Business Days after its receipt thereof any notice, summons, inquiry (but not general Account inquiries), or other information of any kind (including, but not limited to, notices of bankruptcy or other insolvency proceedings) relating to, or in any way affecting Accounts to be Sold. Any such communication shall be sent by Seller to Purchaser in accordance with the procedure described in Section XI.C. of this Agreement.

Appears in 4 contracts

Samples: Account Purchase Agreement, Credit Card Account Purchase Agreement (Columbia Bancorp \Or\), Credit Card Account Purchase Agreement (Park National Corp /Oh/)

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Forwarding of Notices. From the Effective Date, Seller shall forward to Purchaser within two (2five(5) Business Days after its receipt thereof any notice, summons, inquiry (but not general Account inquiries), or other information of any kind (including, but not limited to, notices of bankruptcy or other insolvency proceedings) relating to, or in any way affecting Accounts to be Sold. Any such communication shall be sent by Seller to Purchaser in accordance with the procedure described in Section XI.C. of this Agreement.

Appears in 1 contract

Samples: Credit Card Account Purchase Agreement (Bar Harbor Bankshares)

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