Common use of Notice to Obligors Clause in Contracts

Notice to Obligors. At any time when a Liquidation Event has occurred and is continuing, the Administrative Agent, at the request of the Purchaser Agents, may notify the Obligors of Pool Receivables, or any of them, of the ownership of the Asset Interest by the Investors.

Appears in 7 contracts

Samples: Receivables Purchase Agreement (Lennox International Inc), Receivables Purchase Agreement (Lennox International Inc), Receivables Purchase Agreement (Lennox International Inc)

AutoNDA by SimpleDocs

Notice to Obligors. At any time when a Liquidation Event has occurred and is continuing, the Administrative Agent, at the request of the Purchaser Agents, Agent may notify the Obligors of Pool Receivables, or any of them, of the ownership of the Asset Interest by the InvestorsPurchaser.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Georgia Gulf Corp /De/), Receivables Purchase Agreement (Lennox International Inc), Receivables Purchase Agreement (Lennox International Inc)

Notice to Obligors. At any time when a Liquidation Event has occurred and is continuing, the Administrative Agent, at the request of the Purchaser Agents, Agents may notify the Obligors of Pool Receivables, or any of them, of the ownership of the Asset Interest by the InvestorsPurchasers.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Lennox International Inc), Receivables Purchase Agreement (Lennox International Inc)

Notice to Obligors. At any time when a Liquidation Event has occurred and is continuing, the Administrative Agent, at the request direction of the Purchaser Agents, may notify the Obligors of Pool Receivables, or any of them, of the ownership of the Asset Interest by the InvestorsPurchasers.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Georgia Gulf Corp /De/)

AutoNDA by SimpleDocs

Notice to Obligors. At any time when a Liquidation Event has occurred and is continuing, continuing and has not been waived by the Administrative Agent, at the request of the Purchaser Agents, Administrative Agent may notify the Obligors of Pool Receivables, or any of them, of the ownership of the Asset Interest by the InvestorsPurchaser.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Mascotech Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!