Notice to Obligors and Contract Parties. Upon the request of the Corporate Trustee (given at the direction of the Required Secured Parties) at any time when a Notice of Enforcement is in effect, the Grantor shall notify obligors on the Receivables and parties to the Contracts that the Receivables and the Contracts have been assigned to the Trustees hereunder and that payments in respect thereof shall be made directly to the Corporate Trustee.
Appears in 2 contracts
Samples: Security Agreement (Sprint Spectrum Finance Corp), Security Agreement (Sprint Spectrum Finance Corp)
Notice to Obligors and Contract Parties. Upon the request of the Corporate Trustee (given at the direction of the Required Secured Parties) at any time when a Notice of Enforcement is in effect, the Grantor Borrower shall notify obligors on the Receivables and parties to the Contracts that the Receivables and the Contracts have been assigned to the Trustees hereunder and that payments in respect thereof shall be made directly to the Corporate Trustee.
Appears in 2 contracts
Samples: Security Agreement (Sprint Spectrum L P), Security Agreement (Sprint Spectrum Finance Corp)
