Common use of Notice to Account Debtors Clause in Contracts

Notice to Account Debtors. Mortgagee may, at any time after an Event of Default hereunder, notify the account debtors and obligors of any accounts, chattel paper, negotiable instruments or other evidences of indebtedness, to Mortgagor included in the Property to pay Mortgagee directly. Mortgagor shall at any time or from time to time upon the request of Mortgagee provide to Mortgagee a current list of all such account debtors and obligors and their addresses.

Appears in 3 contracts

Samples: Mortgage Agreement (Talon Real Estate Holding Corp.), Leasehold Mortgage, Security Agreement and Financing Statement (Taubman Centers Inc), Mortgage and Security Agreement (Usa Detergents Inc)

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Notice to Account Debtors. Mortgagee may, at any time after an Event of Default hereunderDefault, notify the account debtors and obligors of any accounts, chattel paper, negotiable instruments or other evidences of indebtedness, indebtedness to Mortgagor included in the Mortgaged Property to pay Mortgagee directly. Mortgagor shall at any time or from time to time upon the request of Mortgagee provide to Mortgagee a current list of all such account debtors and obligors and their addresses.

Appears in 3 contracts

Samples: Mortgage Consolidation and Modification Agreement (American Realty Capital New York Recovery Reit Inc), Mortgage and Security Agreement (American Realty Capital New York Recovery Reit Inc), Mortgage and Security Agreement (One Price Clothing Stores Inc)

Notice to Account Debtors. Mortgagee may, at any time after an Event of Default hereunder, notify the account debtors and obligors of any accounts, chattel paper, negotiable instruments or other evidences of indebtedness, to Mortgagor included in the Property to pay Mortgagee directly. Mortgagor shall at any time or from time to time upon the request of Mortgagee provide to Mortgagee a current list of all such account debtors and obligors and their addresses.

Appears in 2 contracts

Samples: Mortgage and Security Agreement (Merry Land Properties Inc), Mortgage and Security Agreement (Merry Land Properties Inc)

Notice to Account Debtors. Mortgagee may, at any time after an Event of Default hereunderDefault, notify the account debtors and obligors of any accounts, chattel paper, negotiable instruments or other evidences of indebtedness, indebtedness due or payable to Mortgagor included in as part of the Mortgaged Property to pay Mortgagee directly. Mortgagor shall at any time or from time to time upon the request of Mortgagee provide to Mortgagee a current list of all such account debtors and obligors and their addresses.

Appears in 2 contracts

Samples: Mortgage and Security Agreement (First Union Real Estate Equity & Mortgage Investments), Open End Mortgage and Security Agreement (Glimcher Realty Trust)

Notice to Account Debtors. Mortgagee may, at any time after an Event of Default hereunderDefault, notify the account debtors and obligors of any accounts, chattel paper, negotiable instruments or other evidences of indebtedness, indebtedness to Mortgagor included in the Property to pay Mortgagee directly. Mortgagor shall at any time or from time to time upon the reasonable request of Mortgagee provide to Mortgagee a current list of all such account debtors and obligors and their addresses.

Appears in 1 contract

Samples: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Resource Real Estate Opportunity REIT, Inc.)

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Notice to Account Debtors. Mortgagee may, at any time after an Event of Default hereunder, notify the account debtors and obligors of any accounts, chattel paper, negotiable instruments or other evidences of indebtedness, to Mortgagor included in the Property to pay Mortgagee directly. Mortgagor shall at any time or from from, time to time upon the request of Mortgagee provide to Mortgagee a current list of all such account debtors and obligors and their addresses.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Corporate Property Associates 16 Global Inc)

Notice to Account Debtors. Mortgagee may, at any time after an Event of Default hereunder, notify the account debtors and obligors of any accounts, chattel paper, negotiable instruments or other evidences of indebtedness, indebtedness to Mortgagor included in the Property to pay Mortgagee directly. Mortgagor shall at any time or from time to time upon the request of Mortgagee provide to Mortgagee a current list of all such account debtors and obligors and their addresses.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Industrial Income Trust Inc.)

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