Common use of Notification of Account Debtors and Other Obligors Clause in Contracts

Notification of Account Debtors and Other Obligors. During any Default Period, the Lender may notify any account debtor or other person obligated to pay the amount due that such right to payment has been assigned or transferred to the Lender for security and shall be paid directly to the Lender. The Borrower will join in giving such notice if the Lender so requests. At any time after the Borrower or the Lender gives such notice to an account debtor or other obligor, the Lender may, but need not, in the Lender's name or in the Borrower's name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such right to payment, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any such account debtor or other obligor.

Notification of Account Debtors and Other Obligors. During any Default Period, the The Lender may at any time (whether or not a Default Period then exists) notify any account debtor Account Debtor or other person obligated to pay the amount due that such right to payment has been assigned or transferred to the Lender for security and shall be paid directly to the Lender. The Borrower Borrowers will join in giving such notice if the Lender so requests. At any time after the Borrower Borrowers or the Lender gives such notice to an account debtor Account Debtor or other obligor, the Lender may, but need not, in the Lender's name or in the Borrower's Borrowers' name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such right to payment, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any such account debtor Account Debtor or other obligor.

Notification of Account Debtors and Other Obligors. During any Default Period, the The Lender may at any time during a Default Period notify any account debtor or other person Person obligated to pay the amount due that such right to payment has been assigned or transferred to the Lender for security and and, subject to applicable law, shall be paid directly to the Lender. The Each Borrower will join in giving such notice if the Lender so requests. At any time after the any Borrower or the Lender gives such notice to an account debtor or other obligor, the Lender may, but need not, subject to applicable law, in the Lender's ’s name or in the such Borrower's ’s name, (a) demand, xxx sxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such right to payment, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any such account debtor or other obligor.

Notification of Account Debtors and Other Obligors. During any Default Period, the The Lender may at any time (whether or not a Default Period then exists) notify any account debtor Account Debtor or other person obligated to pay the amount due that such right to payment has been assigned or transferred to the Lender for security and shall be paid directly to the Lender. The Borrower will join in giving such notice if the Lender so requests. At any time after the Borrower or the Lender gives such notice to an account debtor Account Debtor or other obligor, the Lender may, but need not, in the Lender's name or in the Borrower's name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such right to payment, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any such account debtor Account Debtor or other obligor.

Notification of Account Debtors and Other Obligors. During any Default Period, the The Lender may at any time (whether or not a Default Period then exists) notify any account debtor Account Debtor or other person obligated to pay the amount due that such right to payment has been assigned or transferred to the Lender for security and shall be paid directly to the Lender. The Borrower will join in giving such notice if the Lender so requests. At any time after the Borrower or the Lender gives such notice to an account debtor Account Debtor or other obligor, the Lender may, but need not, in the Lender's ’s name or in the Borrower's ’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such right to payment, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any such account debtor Account Debtor or other obligor.

Notification of Account Debtors and Other Obligors. During any Default Period, the The Lender may at any time during a Default Period notify any account debtor or other person Person obligated to pay the amount due that such right to payment has been assigned or transferred to the Lender for security and and, subject to applicable law, shall be paid directly to the Lender. The Each Borrower will join in giving such notice if the Lender so requests. At any time after the any Borrower or the Lender gives such notice to an account debtor or other obligor, the Lender may, but need not, subject to applicable law, in the Lender's ’s name or in the such Borrower's ’s name, (a) demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such right to payment, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any such account debtor or other obligor.

Notification of Account Debtors and Other Obligors. During any Default Period, the The Lender may at any time (whether or not a Default Period then exists) notify any account debtor Account Debtor or other person obligated to pay the amount due that such right to payment has been assigned or transferred to the Lender for security and shall be paid directly to the Lender. The Borrower will join in giving such notice if the Lender so requests. At any time after the Borrower or the Lender gives such notice to an account debtor Account Debtor or other obligor, the Lender may, but need not, in the Lender's name or in the Borrower's name, demand, xxx sue for, collect or receive any money or property at any time payable pxxxble or receivable on account of, or securing, any such right to payment, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any such account debtor Account Debtor or other obligor.

Notification of Account Debtors and Other Obligors. During any Default Period, the The Lender may at any time after and during the continuance of an Event of Default notify any account debtor or other person obligated to pay the amount due that such right to payment has been assigned or transferred to the Lender for security and shall be paid directly to the Lender. The Borrower will join in giving such notice if the Lender so requests. At any time after the Borrower or the Lender gives such notice to an account debtor or other obligor, the Lender may, but need not, in the Lender's ’s name or in the Borrower's ’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such right to payment, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any such account debtor or other obligor.

Notification of Account Debtors and Other Obligors. During any Upon an Event of Default Period, the Lender may at any time notify any account debtor Account Debtor or other person obligated to pay the amount due that such right to payment has been assigned or transferred to the Lender for security and shall be paid directly to the Lender. The Borrower will join in giving such notice if the Lender so requests. At any time after the Borrower or the Lender gives such notice to an account debtor Account Debtor or other obligor, the Lender may, but need not, in the Lender's ’s name or in the Borrower's ’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such right to payment, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any such account debtor Account Debtor or other obligor.

Notification of Account Debtors and Other Obligors. During any Upon an Event of Default Period, the Lender may at any time notify any account debtor or other person obligated to pay the amount due that such right to payment has been assigned or transferred to the Lender for security and shall be paid directly to the Lender. The Borrower will join in giving such notice if the Lender so requests. At any time after the Borrower or the Lender gives such notice to an account debtor or other obligor, the Lender may, but need not, in the Lender's ’s name or in the Borrower's ’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such right to payment, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any such account debtor or other obligor.

Notification of Account Debtors and Other Obligors. During any Default Period, the The Lender may at any time (whether or not a Default Period then exists) notify any account debtor Account Debtor or other person obligated to pay the amount due that such right to payment has been assigned or transferred to the Lender for security and shall be paid directly to the Lender. The Borrower will join in giving such notice if the Lender so requests. At any time after the Borrower or the Lender gives such notice to an account debtor Account Debtor or other obligor, the Lender may, but need not, in the Lender's name or in the Borrower's name, demand, xxx sue for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such suxx right to payment, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any such account debtor Account Debtor or other obligor.