Common use of Notice to Account Debtors and Contract Parties Clause in Contracts

Notice to Account Debtors and Contract Parties. Upon the request of the Administrative Agent at any time after the occurrence of an Event of Default, the Credit Parties shall notify account debtors on the Accounts and parties to the Contracts that the Accounts and the Contracts have been assigned to the Administrative Agent for the ratable benefit of the Lenders and that payments in respect thereof shall be made directly to the Administrative Agent.

Notice to Account Debtors and Contract Parties. Upon the request ---------------------------------------------- of the Administrative Agent at any time after the occurrence of an Event of Default, the Credit Parties shall notify account debtors on the Accounts and parties to the Contracts that the Accounts and the Contracts have been assigned to the Administrative Agent for the ratable benefit of the Lenders and that payments in respect thereof shall be made directly to the Administrative Agent.

Notice to Account Debtors and Contract Parties. Upon the request of ---------------------------------------------- the Administrative Agent at any time after the occurrence and during the continuation of an Event of Default, the Credit Parties shall notify account debtors on the Accounts and parties to the Contracts that the Accounts and the Contracts have been assigned to the Administrative Agent for the ratable benefit of the Lenders and that payments in respect thereof shall be made directly to the Administrative Agent.

Notice to Account Debtors and Contract Parties. Upon the written request ---------------------------------------------- of the Administrative Agent at any time after the occurrence of an Event of Default, the Credit Parties shall notify account debtors on the Accounts and parties to the Contracts that the Accounts and the Contracts have been assigned to the Administrative Agent for the ratable benefit of the Lenders and that payments in respect thereof shall be made directly to the Administrative Agent.