Common use of Notification of Assignment of Receivables Clause in Contracts

Notification of Assignment of Receivables. Upon the occurrence 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, 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 Borrower’s Account and added to the Obligations.

Notification of Assignment of Receivables. Upon 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 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 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 Borrower’s Borrowers’ Account and added to the Obligations.

Notification of Assignment of Receivables. Upon 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, 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 Borrower’s Borrowers’ Account and added to the Obligations.

Notification of Assignment of Receivables. Upon At any time after the occurrence 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, 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 Borrower’s Borrowers' Account and added to the Obligations.

Notification of Assignment of Receivables. Upon At any time following the occurrence 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, 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 be charged to Borrower’s Borrowers' Account and added to the Obligations.

Notification of Assignment of Receivables. Upon At any time during the occurrence 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, Collateral and 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 Borrower’s 's Account and added to the Obligations.

Notification of Assignment of Receivables. Upon At any time during the occurrence 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, 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 Borrower’s 's Account and added to the Obligations.

Notification of Assignment of Receivables. Upon At any time during the occurrence existence 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, 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 Borrower’s Account and added to the Obligations.