Common use of NOTIFICATION OF INFORMATION AFFECTING THE COLLATERAL Clause in Contracts

NOTIFICATION OF INFORMATION AFFECTING THE COLLATERAL. forthwith to notify the Security Trustee in writing of any notice received by any Chargor affecting any of its interest in any of the Collateral, and, at the cost of the Chargor, to take any action regarding any such notice or information as the Security Trustee may reasonably require;

NOTIFICATION OF INFORMATION AFFECTING THE COLLATERAL. forthwith to notify the Security Trustee in writing of any notice received by any the Chargor affecting any of its interest in any of the Collateral, and, at the cost of the Chargor, to take any action regarding any such notice or information as the Security Trustee may reasonably require;