Notification to Obligors Sample Clauses

Notification to Obligors. Each Seller shall notify each Obligor of the transfer of the applicable Purchased Receivables transferred by it to the Trust and of the requirement to remit payments to the Sweep Account or to the extent such Receivables are payable in Pesos, the Peso Denominated Account and with respect to the Purchased Receivables:
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Notification to Obligors. Pursuant to the terms and provisions of the Lockbox Agreement, by no later than the date of closing of each Applicable Underlying Transactions, Borrower shall have (a) directed or otherwise caused the Applicable Underlying Borrower, the Applicable Underlying Guarantor(s), and all Purchasers and other obligors in respect of each Pledged Consumer Note Receivable to remit directly to Lockbox Account all interest, principal, Release Fees (if any), prepayments (both voluntary and mandatory), and other amounts of any and every description payable to Borrower, the Applicable Underlying Borrower, or their respective assignees by or on behalf of such Applicable Underlying Borrower, Purchasers, or other obligors, pursuant to the Applicable Underlying Transactions Documents, the Pledged Consumer Notes Receivable, and the Interval Mortgages; and (b) provided Lender with written evidence of such notification in form and content reasonably acceptable to Lender.
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Notification to Obligors. The Seller, shall, to the extent required by applicable law, notify the Obligors of the Student Loans purchased hereunder of the assignment and transfer of the interest in such Student Loans to the Purchaser and the Purchaser Lender Trustee, acting on behalf of the Purchaser. The Seller shall direct each Obligor to make all payments thereon directly to the Purchaser or as it may otherwise designate.
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Notification to Obligors. Buyer shall give written notification to Obligors of the transfer of the Accounts to Buyer within 45 days of the Closing Date and direct all future payments to be made to the address of Buyer or its designee.
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Notification to Obligors. If required by law, on mutual agreement of Buyer and Seller as to the form and substance thereof, Buyer and Seller shall each mail to the respective Obligors notice of Seller’s sale of the Accounts to Buyer directing them to make all subsequent payments thereunder to Buyer or to Buyer’s designated servicer.
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Notification to Obligors. Pursuant to the terms and provisions of the Lockbox Agreement, upon the closing of each Consumer Loan, Borrower shall have (a) directed or otherwise caused the Purchasers and other obligors in respect of each Pledged Note Receivable to remit directly to Lockbox Account all interest, principal, prepayments (both voluntary and mandatory), and other amounts of any and every description payable to Borrower or its assignees by or on behalf of such Purchasers or other obligors, pursuant to the applicable Pledged Note Receivable, Purchase Agreement, or any related documents or instruments; and (b) provided Lender with written evidence of such notification in form and content reasonably acceptable to Lender.
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Notification to Obligors. After the Closing Date, if reasonably necessary and permitted by law, Buyer may send a letter to any Obligor or his or her authorized representative confirming the transfer of the Obligor’s Account to Buyer. Buyer agrees that it will not send such a letter or otherwise communicate with an Obligor outside the bankruptcy process unless the Chapter 13 Proceeding in which such Obligor is involved has been dismissed.
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Notification to Obligors. Borrower has directed all of the obligors under the Specified Notes listed on Schedule A to the Control Agreement to make all payments due thereunder to U.S. Bank, National Association. Borrower will, within three Business Days after the date hereof, direct all obligors under the Fifth Third Acquired Notes to make all payments thereunder to U.S. Bank, National Association. Borrower will not terminate or modify any directions referred to above in this paragraph.
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Notification to Obligors. Borrower has directed all of the obligors under the Specified Notes listed on Schedule A to the Control Agreement and the Fifth Third Acquired Notes to make all payments due thereunder to U.S. Bank, National Association. Borrower will not terminate or modify any directions referred to above in this paragraph.
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Related to Notification to Obligors

  • Notification to Other Parties I hereby grant consent to notification by the Company to any other parties besides the Company with whom I maintain a consulting or employment relationship, including parties with whom such relationship commences after the effective date of this Agreement, about my rights and obligations under this Agreement.

  • Notification to Lenders Upon the issuance of any Letter of Credit the applicable Issuing Lender shall promptly notify Administrative Agent and each other Lender of such issuance, which notice shall be accompanied by a copy of such Letter of Credit. Promptly after receipt of such notice (or, if Administrative Agent is the Issuing Lender, together with such notice), Administrative Agent shall notify each Lender of the amount of such Lender's respective participation in such Letter of Credit, determined in accordance with subsection 3.1C.

  • Notification to Noteholders Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of record.

  • Notification to Holders Upon termination of the Master Servicer or appointment of a successor to the Master Servicer, in each case as provided herein, the Trustee shall promptly mail notice thereof by first class mail to the Securities Administrator and the Certificateholders at their respective addresses appearing on the Certificate Register. The Trustee shall also, within 45 days after the occurrence of any Event of Default known to the Trustee, give written notice thereof to the Securities Administrator and the Certificateholders, unless such Event of Default shall have been cured or waived prior to the issuance of such notice and within such 45-day period.

  • Notification to Account Debtors The Lender shall have the right at any time (whether or not an Event of Default has occurred) to notify any of the Borrower's Account Debtors to make payment directly to the Lender and to collect all amounts due on account of the Collateral.

  • Additional Information to be Furnished to the Issuing Entity The Administrator shall furnish to the Issuing Entity from time to time such additional information regarding the Collateral as the Issuing Entity shall reasonably request.

  • Additional Information to be Furnished to the Issuer The Administrator shall furnish to the Issuer from time to time such additional information regarding the Collateral as the Issuer shall reasonably request.

  • Opinion and 10b-5 Statement of Counsel for the Initial Purchasers The Representative shall have received on and as of the Closing Date an opinion and 10b-5 statement of Xxxxxxx Xxxxxxx & Xxxxxxxx LLP, counsel for the Initial Purchasers, with respect to such matters as the Representative may reasonably request, and such counsel shall have received such documents and information as they may reasonably request to enable them to pass upon such matters.

  • Notification to Securityholders Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIII, the Administrator shall give prompt written notice thereof to the Certificateholders and each Rating Agency, and the Indenture Trustee shall give prompt written notice thereof to the Noteholders.

  • Direction to Account Debtors; Contracting Parties; etc Subject to the Intercreditor Agreement, upon the occurrence and during the continuance of an Event of Default (but without limiting the provisions of the Credit Agreement), if the Collateral Agent so directs any Grantor, such Grantor agrees (x) to cause all payments on account of the Accounts and Contracts to be made directly to the Cash Collateral Account, (y) that the Collateral Agent may, at its option, directly notify the obligors with respect to any Accounts and/or under any Contracts to make payments with respect thereto as provided in the preceding clause (x), and (z) that the Collateral Agent may enforce collection of any such Accounts and Contracts and may adjust, settle or compromise the amount of payment thereof, in the same manner and to the same extent as such Grantor. Subject to the Intercreditor Agreement, without notice to or assent by any Grantor, the Collateral Agent may, upon the occurrence and during the continuance of an Event of Default, apply any or all amounts then in, or thereafter deposited in, the Cash Collateral Account toward the payment of the Obligations in the manner provided in Section 5.4 of this Agreement. The reasonable out-of-pocket costs and expenses of collection (including reasonable out-of-pocket attorneys’ fees), whether incurred by a Grantor or the Collateral Agent, shall be borne by the relevant Grantor. The Collateral Agent shall deliver a copy of each notice given to any such obligors referred to in the preceding clause (y) to the relevant Grantor, provided that (x) the failure by the Collateral Agent to so notify such Grantor shall not affect the effectiveness of such notice or the other rights of the Collateral Agent created by this Section 3.3 and (y) no such notice shall be required if an Event of Default of the type described in Section 8.01(f) of the Credit Agreement has occurred and is continuing.

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