Common use of Governmental Accounts Clause in Contracts

Governmental Accounts. If any of Borrower's Accounts in excess of $ 10,000 arise out of contracts with the United States or any department, agency, or instrumentality thereof, Borrower will immediately notify the Bank thereof in writing and execute any instruments and take any steps required by the Bank in order that all monies due and to become due under such Account shall be assigned to the Bank and notice thereof given to the Government under the Federal Assignment of Claims Act.

Governmental Accounts. If any of Borrower's Accounts in excess of $ --------------------- $10,000 arise out of contracts with the United States or any department, agency, or instrumentality thereof, Borrower will immediately notify the Bank thereof in writing and execute any instruments and take any steps required by the Bank in order that all monies due and to become due under such Account shall be assigned to the Bank and notice thereof given to the Government under the Federal Assignment of Claims Act.

Governmental Accounts. If any of Borrower's Accounts in excess of $ 10,000 $10,000.00 arise out of contracts with the United States or any department, agency, or instrumentality thereof, Borrower will immediately notify the Bank thereof in writing and execute any instruments and take any steps required by the Bank in order that all monies due and to become due under such Account shall be assigned to the Bank and notice thereof given to the Government under the Federal Assignment of Claims Act.

Governmental Accounts. If any of Borrower's Accounts in excess of $ 10,000 arise out of --------------------- contracts with the United States or any department, agency, or instrumentality thereof, the Borrower will immediately notify the Bank thereof in writing and execute any instruments and take any steps required by the Bank in order that all monies due and to become due under such Account contracts shall be assigned to the Bank and notice thereof given to the Government under the Federal Assignment of Claims Act.

Governmental Accounts. If any of Borrower's Accounts in excess --------------------- of $ $10,000 arise out of contracts with the United States or any department, agency, or instrumentality thereof, Borrower will immediately notify the Bank thereof in writing and execute any instruments and take any steps required by the Bank in order that all monies due and to become due under such Account shall be assigned to the Bank and notice thereof given to the Government under the Federal Assignment of Claims Act.

Governmental Accounts. If any of a Borrower's Accounts in excess of $ $10,000 arise out of contracts with the United States or any department, agency, or instrumentality thereof, said Borrower will immediately notify the Bank thereof in writing and execute any instruments and take any steps required by the Bank in order that all monies due and to become due under such Account shall be assigned to the Bank and notice thereof given to the Government government under the Federal Assignment of Claims Act.

Governmental Accounts. If any of Borrower's Accounts in excess of $ $10,000 arise out of contracts with the United States or any department, agency, or instrumentality thereof, Borrower will immediately notify the Bank thereof in writing and execute any instruments and take any steps required by the Bank in order that all monies due and to become due under such Account shall be assigned to the Bank and notice thereof given to the Government under the Federal Assignment of Claims Act.