Common use of Notification of Assignment of Receivables Clause in Contracts

Notification of Assignment of Receivables. At any time following the occurrence of an Event of Default or a Default that is continuing, 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 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. Agent’s actual collection expenses, including, but not limited to, stationery and postage, telephone and facsimile, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrower’s Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence of an Event of Default or a Default that is continuing, that has not been waived or curedand subject to the terms of the Intercreditor Agreement, Agent shall have the right to send notice of the assignment of, and Agent’s 's security interest in and Lien onin, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. ThereafterFollowing such notice and subject to the terms of the Intercreditor Agreement, 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 facsimiletelegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrower’s Borrowers' Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence and during the continuation of an Event of Default or a Default that is continuing, that has not been waived or curedDefault, Agent shall have the right to send notice of the assignment of, and Agent’s 's security interest in and Lien onin, the Receivables to any and all Customers Clients or any third party holding or otherwise concerned with any of the Collateral. ThereafterThereafter (until such Event of Default has been cured or waived), 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 facsimiletelegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrower’s Account 's account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence of an Event of Default or a Default that Default, or at such other times as Agent determines, is continuing, that has not been waived necessary or curedappropriate, Agent shall have the right to send notice of the assignment of, and Agent’s security interest in 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. Agent’s actual collection expenses, including, but not limited to, stationery and postage, telephone and facsimiletelegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrower’s 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 that is continuing, that has not been waived or curedDefault, Agent shall have the right to send notice of the assignment of, and Agent’s 's security interest in and Lien onin, 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, for the ratable benefit of the Lenders. Agent’s 's actual collection expenses, including, but not limited to, stationery and postage, telephone and facsimiletelegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrower’s Account 's accounts and added to the Obligations.

Notification of Assignment of Receivables. At any time following Following the occurrence and during the continuance of an Event of Default or a Default that is continuing, that has not been waived or curedDefault, Agent shall have the right to send notice of the assignment of, and Agent’s security interest in 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 actual collection expenses, including, but not limited to, stationery and postage, telephone and facsimiletelegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrower’s Borrowers’ Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence of an Event of Default or a Default that is continuing, 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 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. Agent’s actual collection expenses, including, but not limited to, stationery and postage, telephone and facsimile, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to BorrowerBxxxxxxx’s Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence of an Event of Default or a Default that is continuing, that has not been waived or curedDefault, Agent shall have the right to send notice of the assignment of, and Agent’s 's security interest in and Lien onin, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral and/or Subsidiary Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, take possession of the Collateral and/or Subsidiary Collateral, or both. Agent’s 's actual collection expenses, including, but not limited to, stationery and postage, telephone and facsimiletelegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrower’s Account Borrowers' Accounts 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 or a Default that is continuing, that has not been waived or curedDefault, Agent shall have the right to send notice of the assignment of, and Agent’s 's security interest in and Lien onin, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, during the continuation of an Event of Default, Agent shall have the sole right to collect the Receivables, take possession of the Collateral, or both. Agent’s actual 's reasonable collection expenses, including, but not limited to, stationery and postage, telephone and facsimiletelegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrower’s 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 that is continuing, that has not been waived or curedDefault, Agent shall have the right to send notice of the assignment of, and Agent’s 's security interest in and Lien onin, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Thereafter following 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 facsimiletelegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to Borrower’s Borrowers' Account and added to the Obligations.