Common use of Notice to Account Debtors Clause in Contracts

Notice to Account Debtors. Upon the occurrence and during the continuance of an Event of Default, Administrative Agents may (if Required Lenders concur or direct), without prior notice to Reseller, notify any or all Account Debtors that the Accounts have been assigned to Collateral Agent for the benefit of Lenders and that Collateral Agent has a Security Interest therein for the benefit of Lenders, and Administrative Agents may direct, or Reseller, at Administrative Agents’ request, shall direct, any or all Account Debtors to make all payments upon the Accounts directly to Collateral Agent for the benefit of Lenders.

Notice to Account Debtors. Upon the occurrence and during the continuance of an Event of Default, Administrative Agents Agent may (if Required Lenders concur or direct), without prior notice to ResellerBorrower, notify any or all Account Debtors that the Accounts have been assigned to Collateral Administrative Agent for the benefit of Lenders and that Collateral Administrative Agent has a Security Interest therein for the benefit of Lenders, and Administrative Agents Agent may direct, or ResellerBorrower, at Administrative Agents’ Agent's request, shall direct, any or all Account Debtors to make all payments upon the Accounts directly to Collateral Administrative Agent for the benefit of Lenders.

Notice to Account Debtors. Upon the occurrence and during the continuance of an any Event of Default, Administrative Agents Agent may (or if the Required Lenders concur or direct), without prior notice to ResellerBorrower, notify any or all Account Debtors that the Accounts have been assigned to Collateral Administrative Agent for the benefit of Lenders and that Collateral Administrative Agent has a Security Interest therein for the benefit of Lenders, and Administrative Agents Agent may direct, or ResellerBorrower, at Administrative Agents’ Agent's request, shall directdirect and cause each Covered Person, any or all Account Debtors to make all payments upon the Accounts directly to Collateral Administrative Agent for the benefit of Lenders.

Notice to Account Debtors. Upon the occurrence and during the continuance of an any Event of DefaultDefault and at any time and from time to time thereafter, Administrative Agents Agent may (if Required Lenders concur or directconcur), without prior notice to ResellerBorrower, notify any or all Account Debtors that the Accounts have been assigned to Collateral Administrative Agent for the benefit of Lenders and that Collateral Administrative Agent has a Security Interest therein for the benefit of Lenders, and Administrative Agents Agent may direct, or ResellerBorrower, at Administrative Agents’ Agent's request, shall direct, any or all Account Debtors to make all payments upon the Accounts directly to Collateral Administrative Agent for the benefit of Lenders.

Notice to Account Debtors. Upon the occurrence and during the continuance of an Event of Default, Administrative Agents Agent may (if Required Lenders concur or direct), without prior notice to ResellerBorrower, notify any or all Account Debtors that the Accounts have been assigned to Collateral Administrative Agent for the benefit of Lenders and that Collateral Administrative Agent has a Security Interest therein for the benefit of Lenders, and Administrative Agents Agent may direct, or ResellerBorrower, at Administrative Agents’ Agent’s request, shall direct, any or all Account Debtors to make all payments upon the Accounts directly to Collateral Administrative Agent for the benefit of Lenders.