Common use of Notification of Assignment of Receivables Clause in Contracts

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance of an Event of Default, Agent shall have the right to send notice of the assignment of, and Agent's security interest in, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, if not already doing so, take possession of the Collateral, or both. Agent's actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrowers' Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance of an Event of Default, Agent shall have the right to send notice of the assignment of, and Agent's security interest in, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, if not already doing so, take possession of the Collateral, or both. Agent's actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraphtelecopy, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may at Agent's option be charged to Borrowers' Account as a Revolving Advance and added to the Obligations.

Notification of Assignment of Receivables. At any time following After the occurrence and during the continuance of an a Default or Event of Default, Agent shall have the right to send notice of the assignment of, and Agent's ’s security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right right, if it has made such election, to collect the Receivables, if not already doing so, take possession of the Collateral, or both. Agent's ’s actual collection expenses, including, but not limited to, including stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries charges of any collection personnel used for collection, may be charged to Borrowers' ’ Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance of an Event of Default or a Default, Agent shall have the right to send notice of the assignment of, and Agent's ’s security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, if not already doing so, take possession of the Collateral, or both. Agent's ’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrowers' ’ Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance of an Event of DefaultDefault and during the continuation thereof, Agent shall have the right to send notice of the assignment of, and Agent's security interest in, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, if not already doing so, take possession of the Collateral, or both. Agent's actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrowers' Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance of an Event of Default or a Default, the Agent shall have the right to send notice of the assignment of, and the Agent's ’s security interest in, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, the Agent shall have the sole right to collect the Receivables, if not already doing so, take possession of the Collateral, or both. The Agent's ’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrowers' the Loan Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance of an Event of DefaultDefault and while such Event of Default is continuing, Agent shall have the right to send notice of the assignment of, and Agent's security interest in, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, if not already doing so, take possession of the Collateral, or both. Agent's actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrowers' Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance of an Event of DefaultDefault and provided Agent elects to exercise its remedies hereunder, Agent shall have the right to send notice of the assignment of, and Agent's ’s security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, if not already doing so, take possession of the Collateral, or both. Agent's ’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrowers' Borrower’s Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance of an Event of DefaultDefault or a Default that has not been waived or cured, Agent shall have the right to send notice of the assignment of, and Agent's security interest in, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, if not already doing so, take possession of the Collateral, or both. Agent's actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrowers' Borrower's Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following Upon the occurrence and during the continuance of an Event of Default, Agent shall have the right to send notice of the assignment of, and Agent's ’s security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, if not already doing so, take possession of the Collateral, or both. Agent's ’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrowers' ’ Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence of an Event of Default and during the continuance of an Event of Default, Agent shall have the right to send notice of the assignment of, and Agent's ’s security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, if not already doing so, take possession of the Collateral, or both. Agent's ’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraphfacsimile, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrowers' ’ Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance continuation of an Event of Default, Agent shall have the right to send notice of the assignment of, and Agent's ’s security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, if not already doing so, take possession of the Collateral, or both. Agent's actual ’s actual, collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrowers' ’ Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance of an Event of Default, Agent shall have the right to send notice of the assignment of, and Agent's ’s security interest in, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, if not already doing so, take possession of the Collateral, or both. Agent's ’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraphtelecopy, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may at Agent’s option be charged to Borrowers' ’ Account as a Revolving Advance and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance of an Event of DefaultDefault or a Default arising pursuant to Section 10.7, Agent shall have the right to send notice of the assignment of, and Agent's security interest in, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, if not already doing so, take possession of the Collateral, or both. Agent's actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraphtelecopy, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrowers' Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following upon the occurrence and during the continuance of an any Event of Default, Agent shall have the right to send notice of the assignment of, and Agent's ’s security interest inin and Lien on, the Receivables Accounts to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. ThereafterCollateral and, thereafter, Agent shall have the sole right to collect the Receivables, if not already doing soAccounts, take possession of the Collateral, or both. Agent's ’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrowers' Account as a Revolving Loan and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance of an Event of Default or a Default, Agent shall have the right to send notice of the assignment of, and Agent's security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, if not already doing so, take possession of the Collateral, or both. Agent's actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrowers' Borrower's Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance of an Event of DefaultDefault or a Default and the continuance thereof, Agent shall have the right to send notice of the assignment of, and Agent's ’s security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, if not already doing so, take possession of the Collateral, or both. Agent's ’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraphfacsimile, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrowers' ’ Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance of an a Default or Event of Default, (i) Agent shall have the right to send notice of the assignment of, and Agent's security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Collateral and (ii) Agent shall have the sole right to collect the Receivables, if not already doing so, take possession of the Collateral, or both. Agent's actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrowers' Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following after the occurrence and during the continuance of an Event of Default or Default, Agent shall have the right to send notice of the assignment of, and Agent's ’s security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, if not already doing so, take possession of the Collateral, or both. Agent's ’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrowers' ’ Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance of an Event of Default or a Default, Agent shall have the right to send notice of the assignment of, and Agent's security interest in, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, if not already doing so, take possession of the Collateral, or both. Agent's actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraphtelecopy, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrowers' Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance continuation of an Event of Default or a Default, Agent shall have the right to send notice of the assignment of, and Agent's security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, if not already doing so, take possession of the Collateral, or both. Agent's actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrowers' Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance of an Event of DefaultDefault and provided Agent elects to exercise its remedies under this Agreement, Agent shall have the right to send notice of the assignment of, and Agent's ’s security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, if not already doing so, take possession of the Collateral, or both. Agent's ’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrowers' Borrower’s Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance of an a Default or Event of Default, (i) Agent shall have the right to send notice of the assignment of, and Agent's ’s security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Collateral and (ii) Agent shall have the sole right to collect the Receivables, if not already doing so, take possession of the Collateral, or both. Agent's ’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrowers' Borrower’s Account and added to the Obligations.