Common use of Notice of Assignment Clause in Contracts

Notice of Assignment. 6.1 The Assignor shall notify by registered mail (Einschreiben mit Rückschein) the relevant debtors of the assignment of the Intercompany Loan Receivables constituted hereunder in the form set out in Schedule 7 (Form of Notice for a Disclosed Assignment), within one month from the date hereof or, with respect to Intercompany Loan Receivables arising from future contracts within one month from the date of entry into such contract. 6.2 The Assignor shall use all reasonable endeavours to procure that debtors of the Intercompany Loan Receivables notified in accordance with Clause 6.1 above acknowledge each notice of assignment and accept the terms of the assignment as set out in Schedule 7 (Form of Notice for a Disclosed Assignment) without undue delay. The Assignor shall provide evidence to the Collateral Agent of any such acknowledgement received. 6.3 The Assignor shall deliver to the Collateral Agent 10 (ten) dated notification letters in the form of Schedule 6 (Form of Blank Notification Letter) executed in blank within 20 business days from the date hereof for the purpose of notifying the debtors of the Receivables of this Agreement. The Collateral Agent will only use such notification letters if it is entitled to enforce this Agreement in accordance with Clause 10.

Notice of Assignment. 6.1 The Assignor shall notify by registered mail (Einschreiben mit Rückschein) the relevant debtors of the assignment of the Intercompany Loan Receivables constituted hereunder in the form set out in Schedule 7 (Form of Notice for a Disclosed Assignment), within one month from the date hereof or, with respect to Intercompany Loan Receivables arising from future contracts within one month from the date of entry into such contract. 6.2 The Assignor shall use all reasonable endeavours to procure that debtors of the Intercompany Loan Receivables notified in accordance with Clause 6.1 above acknowledge each notice of assignment and accept the terms of the assignment as set out in Schedule 7 (Form of Notice for a Disclosed Assignment) without undue delay. The Assignor shall provide evidence to the Collateral Agent of any such acknowledgement received. 6.3 The Assignor shall deliver to the Collateral Agent 10 19 (ten) dated notification letters in the form of Schedule 6 (Form of Blank Notification Letter) executed in blank within 20 business days from the date hereof for the purpose of notifying the debtors of the Receivables of this Agreement. The Collateral Agent will only use such notification letters if it is entitled to enforce this Agreement in accordance with Clause 10.

Notice of Assignment. 6.1 The Assignor shall notify by registered mail (Einschreiben mit Rückschein) the relevant debtors of the assignment of the Intercompany Loan Receivables constituted hereunder in the form set out in Schedule 7 (Form of Notice for a Disclosed Assignment), within one month from the date hereof or, with respect to Intercompany Loan Receivables arising from future contracts within one month from the date of entry into such contract. 6.2 The Assignor shall use all reasonable endeavours to procure that debtors of the Intercompany Loan Receivables notified in accordance with Clause 6.1 above acknowledge each notice of assignment and accept the terms of the assignment as set out in Schedule 7 (Form of Notice for a Disclosed Assignment) without undue delay. The Assignor shall provide evidence to the Collateral Agent of any such acknowledgement received. 6.3 The Assignor shall deliver to the Collateral Agent 10 (ten) dated notification letters in the form of Schedule 6 (Form of Blank Notification Letter) executed in blank within 20 business days from the date hereof for the purpose of notifying the debtors of the Receivables of this Agreement. The Collateral Agent will only use such notification letters if it is entitled to enforce this Agreement in accordance with Clause 10.

Notice of Assignment. 6.1 The Assignor shall notify by registered mail (Einschreiben mit Rückschein) the relevant debtors of the assignment of the Intercompany Loan Receivables constituted hereunder in the form set out in Schedule 7 (Form of Notice for a Disclosed Assignment), within one month from the date hereof or, with respect to Intercompany Loan Receivables arising from future contracts within one month from the date of entry into such contract. 6.2 The Assignor shall use all reasonable endeavours to procure that debtors of the Intercompany Loan Receivables notified in accordance with Clause 6.1 above acknowledge each notice of assignment and accept the terms of the assignment as set out in Schedule 7 (Form of Notice for a Disclosed Assignment) without undue delay. The Assignor shall provide evidence to the Collateral Agent of any such acknowledgement received. 6.3 The Assignor shall deliver to the Collateral Agent 10 (ten) dated notification letters in the form of Schedule 6 (Form of Blank Notification Letter) executed in blank within 20 twenty (20) business days from the date hereof for the purpose of notifying the debtors of the Receivables of this Agreement. The Collateral Agent will only use such 19245-3-4551-v4.0 - 14 - 70-40145101 notification letters if it is entitled to enforce this Agreement in accordance with Clause 10.