Common use of Notification of information to Others Clause in Contracts

Notification of information to Others. Bank and Ally each have the right, but not the obligation, to notify guarantors, sureties, Vehicle Sellers, Account Debtors and other third parties (e.g., owners, officers, etc.) of the terms, administration, or performance of this Agreement.

Appears in 6 contracts

Samples: Inventory Financing and Security Agreement (Vroom, Inc.), Inventory Financing and Security Agreement (Shift Technologies, Inc.), Inventory Financing and Security Agreement (CarLotz, Inc.)

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Notification of information to Others. Bank and Ally each have the right, but not the obligation, to notify guarantors, sureties, Vehicle Sellers, Account Debtors Debtors, participants, permitted assignees, and other third parties (e.g., owners, officers, etc.) of the terms, administration, or performance of this Agreement.

Appears in 2 contracts

Samples: Inventory Financing and Security Agreement (Carvana Co.), Inventory Financing and Security Agreement (Carvana Co.)

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Notification of information to Others. Bank and Ally each have the right, but not the obligation, to notify guarantors, sureties, Vehicle Sellers, Account Debtors and other third parties (e.g., owners, officers, etc.) of the terms, administration, or performance of this Agreement.

Appears in 1 contract

Samples: Inventory Financing and Security Agreement (RumbleON, Inc.)

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