Common use of Notification of Account Debtors Clause in Contracts

Notification of Account Debtors. The Agent may, at any time from and after the occurrence and during the continuance of an Event of Default, upon notice to the Borrower, notify any or all Account Debtors of the Security Interest and exercise the rights of Borrower and each Loan Party with respect to the obligations of the Account Debtors to make payment or otherwise render performance directly to the Agent.

Notification of Account Debtors. The Agent may, at any time from and after Upon the occurrence and during the continuance of an Event of Default, upon notice Agent may or, at the request of the Required Lenders, shall, at any time and from time to the Borrowertime, notify any or all Account Debtors (other than for any Account that is not Collateral) of the Security Interest and exercise the rights of Borrower and each Loan Party with respect to the obligations of the may direct such Account Debtors to make payment or otherwise render performance all payments on receivables directly to the Agent.

Notification of Account Debtors. The Agent may, at any time from and after Upon the occurrence and during the continuance of an Event of Default, upon notice Agent may, at any time and from time to the Borrowertime, notify any or all Account Debtors (other than for any Account that is not Collateral) of the Security Interest and exercise the rights of Borrower and each Loan Party with respect to the obligations of the may direct such Account Debtors to make payment or otherwise render performance all payments on receivables directly to the Agent.

Notification of Account Debtors. The Upon request of the Agent may, at any time from and after the occurrence and during the continuance of an Event of Default, upon notice to the BorrowerBorrower will promptly notify (in manner, notify any or all Account Debtors of the Security Interest form and exercise the rights of Borrower and each Loan Party with respect to the obligations of the Account Debtors to make payment or otherwise render performance directly substance satisfactory to the Agent) all Persons who are at any time obligated under Accounts (as defined in the Security Agreement) payable to Borrower or any of its Subsidiaries that the Agent on behalf of the Banks possesses a security interest in such Accounts and that all payments in respect thereof are to be made to such account as the Agent directs.