Common use of Notification of Assignment of Receivables Clause in Contracts

Notification of Assignment of Receivables. Agent shall have the right (at any time following the occurrence and during the continuance of an Event of Default or a Default or when Agent in its reasonable discretion deems it to be in Lenders' best interest to do so) 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, 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. Agent shall have Subject to the right (Intercreditor Agreement, at any time following the occurrence and during the continuance of an Event of Default or a Default or when Default, Agent in its reasonable discretion deems it to be in Lenders' best interest to do so) 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. ThereafterAt any time after the occurrence and during the continuance of an Event of Default, Agent shall have the sole right to collect the Receivables, 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 the Issuer and added to the Obligations.

Notification of Assignment of Receivables. Agent shall have Subject to the right (Intercreditor Agreement, at any time following the occurrence and during the continuance of an Event of Default or a Default or when Default, Agent in its reasonable discretion deems it to be in Lenders' best interest to do so) 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. ThereafterAt any time after the occurrence and during the continuance of an Event of Default, Agent shall have the sole right to collect the Receivables, 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. Agent shall have the right (at At any time following upon the occurrence and during the continuance of an any Event of Default or a Default or when if the Agent deems it necessary in its reasonable discretion deems it Permitted Discretion to be in Lenders' best interest to do so) preserve or protect the Collateral or Agent’s rights therein, 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 ReceivablesAccounts, 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. Agent shall have Subject to the right (Intercreditor Agreement, at any time following the occurrence and during the continuance of an Event of Default or a Default or when Default, Agent in its reasonable discretion deems it to be in Lenders' best interest to do so) 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. ThereafterAt any time after the occurrence and during the continuance of an Event of Default, Agent shall have the sole right to collect the Receivables, 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 the Issuer and added to the Obligations.. 60358086_160358086_13

Notification of Assignment of Receivables. At any time any Default or Event of Default is continuing, Administrative Agent shall have the right (at any time following the occurrence and during the continuance of an Event of Default or a Default or when Agent in its reasonable discretion deems it to be in Lenders' best interest to do so) to send notice of the assignment of, and Administrative 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. ThereafterAt any time following the occurrence of an Event of Default or a Default, Administrative Agent shall have the sole right to collect the Receivables, take possession of the Collateral, or both. Administrative 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. Subject to the ABL/Term Intercreditor Agreement, at any time upon the occurrence and during the continuation of an Event of Default, Agent shall have the right (at any time following the occurrence and during the continuance of an Event of Default or a Default or when Agent in its reasonable discretion deems it to be in Lenders' best interest to do so) 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, take possession of the Collateral, or both. Upon the occurrence and during the continuance of an Event of Default, 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. Agent shall have the right (at At any time ----------------------------------------- following the occurrence and during the continuance continuation of an Event of Default or a Default or when Default, Agent in its reasonable discretion deems it to be in Lenders' best interest to do so) 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, so long as the Event of Default or Default is continuing, Agent shall have the sole right to collect the Receivables, 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. Agent shall have the right (at At any time following upon the occurrence and during the continuance of an any Event of Default or a Default or when if the Agent deems it necessary in its reasonable discretion deems it Permitted Discretion to be in Lenders' best interest to do so) preserve or protect the Collateral or Agent’s rights therein, 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. ThereafterCollateral and, thereafter, Agent shall have the sole right to collect the Receivables, 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. Subject to the Intercreditor Agreements, at any time upon the occurrence and during the continuation of an Event of Default, Agent shall have the right (at any time following the occurrence and during the continuance of an Event of Default or a Default or when Agent in its reasonable discretion deems it to be in Lenders' best interest to do so) 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, take possession of the Collateral, or both. Upon the occurrence and during the continuance of an Event of Default, 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 upon the occurrence and during the continuation of an Event of Default, Agent shall have the right (at any time following the occurrence and during the continuance of an Event of Default or a Default or when Agent in its reasonable discretion deems it to be in Lenders' best interest to do so) 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, subject to any applicable order of the Bankruptcy Court, Agent shall have the sole right to collect the Receivables, take possession of the Collateral, or both. Upon the occurrence and during the continuance of an Event of Default, 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 the Credit Parties’ account and added to the Obligations.

Notification of Assignment of Receivables. Agent shall have the right (at At any time following the occurrence and during the continuance of an Event of Default or a Default or when Default, Agent in its reasonable discretion deems it to be in Lenders' best interest to do so) 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. Agent shall use reasonable efforts to provide notice to Borrowing Agent of the sending of any such notice of assignment, but failure to do so shall not result in any liability to Agent. Thereafter, Agent shall have the sole right to collect the Receivables, 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.