Common use of Notification of Default to Third Parties Clause in Contracts

Notification of Default to Third Parties. Upon the occurrence of an Event of Default and at any time thereafter, the Lender may notify any of the Borrower's suppliers, account debtors and other third parties of the default and

Notification of Default to Third Parties. Upon demand on the Note or the occurrence of an Event of Default and at any time thereafter, the Lender may notify any of the Borrower's suppliers, account debtors and other third parties of the default andand of any and all decisions made and actions taken by the Lender with respect to this Agreement, the Obligations or the Collateral, without liability of any kind.

Notification of Default to Third Parties. Upon the occurrence of an Event of Default and at any time thereafter, the Lender may notify any of the Borrower's suppliers, account debtors and other third parties of the default andand of any and all decisions made and actions taken by the Lender with respect to this Agreement, the Obligations or the Collateral, without liability of any kind, except for actions taken by the Lender in bad faith or in a grossly negligent manner.

Notification of Default to Third Parties. Upon the occurrence of an Event of Default and at any time thereafter, the Lender may notify any of the Borrower's ’s or any Guarantor’s suppliers, account debtors and other third parties of the default andand of any and all decisions made and actions taken by the Lender with respect to this Agreement, the Obligations or the Collateral, without liability of any kind.