Immediately upon receipt Clause Samples

Immediately upon receipt. You must provide Dealer with every summons, complaint or paper in relation to any accident or loss involving the Vehicle.

Immediately upon receipt by the Borrower, the Borrower shall provide the Agent and the Lenders with copies of all notices (including notices of default), statements and financial information received from any Subordinated Lender or any other creditor or lessor with respect to any item of Indebtedness which, if not paid, could give rise to an Event of Default or the repossession of material property from the Borrower or any of the Subsidiaries.

Immediately upon receipt thereof (i) copies of any and all notices, letters, demands or other correspondence received from a governmental authority, and (ii) written notice of any oral communications between any employee, officer or agent of any Loan Party and any governmental authority, which communication could have, either at the moment or with the passage of time, a Material Adverse Effect .

Immediately upon receipt by a Borrower of any Collateral that is evidenced or secured by an agreement, chattel paper, instrument or document, including, without limitation, promissory notes, documents of title and warehouse receipts (the "SPECIAL COLLATERAL"), such Borrower shall deliver the original thereof to Agent or to such agent of Agent as Agent shall designate, together with appropriate endorsements, or other specific evidence (in form and substance acceptable to Agent) of assignment thereof to Agent.

Immediately upon receipt by the Buyer of any Receivables payable to the Seller, the Buyer must pay the amount received to the Seller.