Common use of Notifying Account Debtors and Other Obligors; Collection of Collateral Clause in Contracts

Notifying Account Debtors and Other Obligors; Collection of Collateral. Xxxxx Fargo may at any time (whether or not a Default Period then exists) deliver a Record giving an account debtor or other Person obligated to pay an Account, a General Intangible, or other amount due, notice that the Account, General Intangible, or other amount due has been assigned to Xxxxx Fargo for security and must be paid directly to Xxxxx Fargo. Company shall join in giving such notice and shall Authenticate any Record giving such notice upon Xxxxx Fargo’s request. After Company or Xxxxx Fargo gives such notice, Xxxxx Fargo may, but need not, in Xxxxx Fargo’s or in Company’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, such Account, General Intangible, or other amount due, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any account debtor or other obligor. Xxxxx Fargo may, in Xxxxx Fargo’s name or in Company’s name, as Company’s agent and attorney-in-fact, notify the United States Postal Service to change the address for delivery of Company’s mail to any address designated by Xxxxx Fargo, otherwise intercept Company’s mail, and receive, open and dispose of Company’s mail, applying all Collateral as permitted under this Agreement and holding all other mail for Company’s account or forwarding such mail to Company’s last known address.

Notifying Account Debtors and Other Obligors; Collection of Collateral. Xxxxx Wxxxx Fargo may at any time (whether or not a Default Period then exists) deliver a Record giving an account debtor or other Person obligated to pay an Account, a General Intangible, or other amount due, notice that the Account, General Intangible, or other amount due has been assigned to Xxxxx Wxxxx Fargo for security and must be paid directly to Xxxxx Wxxxx Fargo. Company shall join in giving such notice and shall Authenticate any Record giving such notice upon Xxxxx Wxxxx Fargo’s request. After Company or Xxxxx Wxxxx Fargo gives such notice, Xxxxx Wxxxx Fargo may, but need not, in Xxxxx Wxxxx Fargo’s or in Company’s name, demand, xxx sxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, such Account, General Intangible, or other amount due, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any account debtor or other obligor. Xxxxx Wxxxx Fargo may, in Xxxxx Wxxxx Fargo’s name or in Company’s name, as Company’s agent and attorney-in-fact, notify the United States Postal Service to change the address for delivery of Company’s mail to any address designated by Xxxxx Wxxxx Fargo, otherwise intercept Company’s mail, and receive, open and dispose of Company’s mail, applying all Collateral as permitted under this Agreement and holding all other mail for Company’s account or forwarding such mail to Company’s last known address.

Notifying Account Debtors and Other Obligors; Collection of Collateral. Xxxxx Fargo may at any time (whether or not a Default Period then exists) may, after an Event of Default, deliver a Record giving an account debtor or other Person obligated to pay an Account, a General Intangible, or other amount due, notice that the Account, General Intangible, or other amount due has been assigned to Xxxxx Fargo for security and must be paid directly to Xxxxx Fargo. Company shall join in giving such notice and shall Authenticate any Record giving such notice upon Xxxxx Fargo’s request. After Company or Xxxxx Fargo gives such notice, Xxxxx Fargo may, but need not, in Xxxxx Fargo’s or in Company’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, such Account, General Intangible, or other amount due, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any account debtor or other obligor. Xxxxx Fargo may, in Xxxxx Fargo’s name or in Company’s name, as Company’s agent and attorney-in-fact, notify the United States Postal Service to change the address for delivery of Company’s mail to any address designated by Xxxxx Fargo, otherwise intercept Company’s mail, and receive, open and dispose of Company’s mail, applying all Collateral as permitted under this Agreement and holding all other mail for Company’s account or forwarding such mail to Company’s last known address.

Notifying Account Debtors and Other Obligors; Collection of Collateral. Xxxxx Fargo may at any time (whether or not a Default Period then exists) deliver a Record giving an account debtor or other Person obligated to pay an Account, a General Intangible, or other amount due, notice that the Account, General Intangible, or other amount due has been assigned to Xxxxx Fargo for security and must be paid directly to Xxxxx Fargo. Each Company shall join in giving such notice and shall Authenticate any Record giving such notice upon Xxxxx Fargo’s request. After any Company or Xxxxx Fargo gives such notice, Xxxxx Fargo may, but need not, in Xxxxx Fargo’s or in such Company’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, such Account, General Intangible, or other amount due, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any account debtor or other obligor. Xxxxx Fargo may, in Xxxxx Fargo’s name or in any Company’s name, as any such Company’s agent and attorney-in-fact, notify the United States Postal Service to change the address for delivery of such Company’s mail to any address designated by Xxxxx Fargo, otherwise intercept such Company’s mail, and receive, open and dispose of such Company’s mail, applying all Collateral as permitted under this Agreement and holding all other mail for such Company’s account or forwarding such mail to such Company’s last known address.

Notifying Account Debtors and Other Obligors; Collection of Collateral. Xxxxx Fargo may may, at any time (whether or not a during any Default Period then exists) Period, deliver a Record giving an account debtor or other Person obligated to pay an Account, a General Intangible, or other amount due, notice that the Account, General Intangible, Intangible or other amount due has been assigned to Xxxxx Fargo for security and must be paid directly to Xxxxx Fargo. Company shall join in giving such notice and shall Authenticate any Record giving such notice upon Xxxxx Fargo’s request. After Company or Xxxxx Fargo gives such notice, Xxxxx Fargo may, but need not, in Xxxxx Fargo’s or in Company’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, such Account, General Intangible, or other amount due, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any account debtor or other obligor. Xxxxx Fargo may, in Xxxxx Fargo’s name or in Company’s name, as Company’s agent and attorney-in-fact, notify the United States Postal Service to change the address for delivery of Company’s mail to any address designated by Xxxxx Fargo, otherwise intercept Company’s mail, and receive, open and dispose of Company’s mail, applying all Collateral as permitted under this Agreement and holding all other mail for Company’s account or forwarding such mail to Company’s last known address.

Notifying Account Debtors and Other Obligors; Collection of Collateral. Xxxxx Fargo The Holder Representative may at any time (whether or not a Default Period then exists) deliver a Record giving an account debtor or other Person obligated to pay an Account, a General Intangible, or other amount due, notice that the Account, General Intangible, or other amount due has been assigned to Xxxxx Fargo the Holder Representative for security and must be paid directly to Xxxxx Fargothe Holder Representative. Company The Borrower shall join in giving such notice and shall Authenticate any Record giving such notice upon Xxxxx Fargothe Holder Representative’s request. After Company the Borrower or Xxxxx Fargo the Holder Representative gives such notice, Xxxxx Fargo the Holder Representative may, but need not, in Xxxxx Fargothe Holder Representative’s or in Companythe Borrower’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, such Account, General Intangible, or other amount due, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any account debtor or other obligor. Xxxxx Fargo The Holder Representative may, in Xxxxx Fargothe Holder Representative’s name or in Companythe Borrower’s name, as Companythe Borrower’s agent and attorney-in-fact, notify the United States Postal Service to change the address for delivery of Companythe Borrower’s mail to any address designated by Xxxxx Fargothe Holder Representative, otherwise intercept Companythe Borrower’s mail, and receive, open and dispose of Companythe Borrower’s mail, applying all Collateral as permitted under this Agreement and holding all other mail for Companythe Borrower’s account or forwarding such mail to Companythe Borrower’s last known address.

Notifying Account Debtors and Other Obligors; Collection of Collateral. Xxxxx Fargo may at any time (whether or not a Default Period then exists) deliver a Record giving an account debtor or other Person obligated to pay an Account, a General Intangible, or other amount due, notice that the Account, General Intangible, or other amount due has been assigned to Xxxxx Fargo for security and must be paid directly to Xxxxx Fargo. Company shall join in giving such notice and shall Authenticate any Record giving such notice upon Xxxxx Fargo’s request. After Company or Xxxxx Fargo gives such notice, Xxxxx Fargo may, but need not, in Xxxxx Fargo’s or in Company’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, such Account, General Intangible, or other amount due, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any account debtor or other obligor. Xxxxx Fargo may, in Xxxxx Fargo’s name or in Company’s name, as Company’s agent and attorney-in-fact, notify the United States Postal Service to change the address for delivery of Company’s mail to any address designated by Xxxxx Fargo, otherwise intercept Company’s mail, and receive, open and dispose of hold Company’s mail, applying all Collateral as permitted under this Agreement and holding all other mail for Company’s account or forwarding such mail to Company’s last known address.

Notifying Account Debtors and Other Obligors; Collection of Collateral. If an Event of Default has occurred and is continuing Xxxxx Fargo may at any time (whether or not a Default Period then exists) deliver a Record giving an account debtor or other Person obligated to pay an Account, a General Intangible, or other amount due, notice that the Account, General Intangible, or other amount due has been assigned to Xxxxx Fargo for security and must be paid directly to Xxxxx Fargo. Company shall join in giving such notice and shall Authenticate any Record giving such notice upon Xxxxx Fargo’s request. After Company or Xxxxx Fargo gives such notice, Xxxxx Fargo may, but need not, in Xxxxx Fargo’s or in Company’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, such Account, General Intangible, or other amount due, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any account debtor or other obligor. Xxxxx Fargo may, in Xxxxx Fargo’s name or in Company’s name, as Company’s agent and attorney-in-fact, notify the United States Postal Service to change the address for delivery of Company’s mail to any address designated by Xxxxx Fargo, otherwise intercept Company’s mail, and receive, open and dispose of Company’s mail, applying all Collateral as permitted under this Agreement and holding all other mail for Company’s account or forwarding such mail to Company’s last known address.

Notifying Account Debtors and Other Obligors; Collection of Collateral. Xxxxx Wxxxx Fargo may at any time (whether or not a Default Period then exists) deliver a Record giving an account debtor or other Person obligated to pay an Account, a General Intangible, or other amount due, notice that the Account, General Intangible, or other amount due has been assigned to Xxxxx Wxxxx Fargo for security and must be paid directly to Xxxxx Wxxxx Fargo. Company shall join in giving such notice and shall Authenticate any Record giving such notice upon Xxxxx Wxxxx Fargo’s 's request. After Company or Xxxxx Wxxxx Fargo gives such notice, Xxxxx Wxxxx Fargo may, but need not, in Xxxxx Wxxxx Fargo’s 's or in Company’s 's name, demand, xxx sxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, such Account, General Intangible, or other amount due, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any account debtor or other obligor. Xxxxx Wxxxx Fargo may, in Xxxxx Wxxxx Fargo’s 's name or in Company’s 's name, as Company’s 's agent and attorney-in-fact, notify the United States Postal Service to change the address for delivery of Company’s 's mail to any address designated by Xxxxx Wxxxx Fargo, otherwise intercept Company’s 's mail, and receive, open and dispose of Company’s 's mail, applying all Collateral as permitted under this Agreement and holding all other mail for Company’s 's account and forwarding such mail or forwarding copies of all such mail to Company’s 's last known address.

Notifying Account Debtors and Other Obligors; Collection of Collateral. Xxxxx Fargo may at any time (whether or not a Default Period then exists) deliver a Record giving an account debtor or other Person obligated to pay an Account, a General Intangible, or other amount due, notice that the Account, General Intangible, or other amount due has been assigned to Xxxxx Fargo for security and must be paid directly to Xxxxx Fargo. Company Borrower shall join in giving such notice and shall Authenticate any Record giving such notice upon Xxxxx Fargo’s request. After Company Borrower or Xxxxx Fargo gives such notice, and upon the occurrence and during the continuance of an Event of Default, (i) Xxxxx Fargo may, but need not, in Xxxxx Fargo’s or in CompanyBorrower’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, such Account, General Intangible, or other amount due, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any account debtor or other obligor. obligor and (ii) Xxxxx Fargo may, in Xxxxx Fargo’s name or in CompanyBorrower’s name, as CompanyBorrower’s agent and attorney-in-fact, notify the United States Postal Service to change the address for delivery of CompanyBorrower’s mail to any address designated by Xxxxx Fargo, otherwise intercept CompanyBorrower’s mail, and receive, open and dispose of CompanyBorrower’s mail, applying all Collateral as permitted under this Agreement and holding all other mail for CompanyBorrower’s account or forwarding such mail to CompanyBorrower’s last known address.

Notifying Account Debtors and Other Obligors; Collection of Collateral. Xxxxx Wxxxx Fargo may at any time (whether or not a Default Period then exists) deliver a Record giving an account debtor or other Person obligated to pay an Account, a General Intangible, or other amount due, notice that the Account, General Intangible, or other amount due has been assigned to Xxxxx Wxxxx Fargo for security and must be paid directly to Xxxxx Wxxxx Fargo. Each Company shall join in giving such notice and shall Authenticate any Record giving such notice upon Xxxxx Wxxxx Fargo’s 's request. After any Company or Xxxxx Wxxxx Fargo gives such notice, Xxxxx Wxxxx Fargo may, but need not, in Xxxxx Wxxxx Fargo’s 's or in such Company’s 's name, demand, xxx sxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, such Account, General Intangible, or other amount due, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any account debtor or other obligor. Xxxxx Wxxxx Fargo may, in Xxxxx Wxxxx Fargo’s 's name or in any Company’s 's name, as such Company’s 's agent and attorney-in-fact, notify the United States Postal Service to change the address for delivery of such Company’s 's mail to any address designated by Xxxxx Wxxxx Fargo, otherwise intercept such Company’s 's mail, and receive, open and dispose of such Company’s 's mail, applying all Collateral as permitted under this Agreement and holding all other mail for such Company’s 's account or forwarding such mail to such Company’s 's last known address.

Notifying Account Debtors and Other Obligors; Collection of Collateral. Xxxxx Fargo may at any time (whether or not during a Default Period then existsPeriod) deliver a Record giving an account debtor or other Person obligated to pay an Account, a General Intangible, or other amount due, notice that the Account, General Intangible, or other amount due has been assigned to Xxxxx Fargo for security and must be paid directly to Xxxxx Fargo. Company shall join in giving such notice and shall Authenticate any Record giving such notice upon Xxxxx Fargo’s 's request. After Company or Xxxxx Fargo gives such notice, Xxxxx Fargo may, but need not, in Xxxxx Fargo’s 's or in Company’s 's name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, such Account, General Intangible, or other amount due, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any account debtor or other obligor. After Company or Xxxxx Fargo gives such notice, Xxxxx Fargo may, in Xxxxx Fargo’s 's name or in Company’s 's name, as Company’s 's agent and attorney-in-fact, notify the United States Postal Service to change the address for delivery of Company’s 's mail to any address designated by Xxxxx Fargo, otherwise intercept Company’s 's mail, and receive, open and dispose of Company’s 's mail, applying all Collateral as permitted under this Agreement and holding all other mail for Company’s 's account or forwarding such mail to Company’s 's last known address.

Notifying Account Debtors and Other Obligors; Collection of Collateral. Xxxxx Fargo may at any time (whether or not that a Default Period then exists) exists and anytime Xxxxx Fargo reasonably believes necessary deliver a Record giving an account debtor or other Person obligated to pay an Account, a General Intangible, or other amount due, notice that the Account, General Intangible, or other amount due has been assigned to Xxxxx Fargo for security and must be paid directly to Xxxxx Fargo. Company shall join in giving such notice and shall Authenticate any Record giving such notice upon Xxxxx Fargo’s request. After Company or Xxxxx Fargo gives such notice, Xxxxx Fargo may, but need not, in Xxxxx Fargo’s or in Company’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, such Account, General Intangible, or other amount due, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any account debtor or other obligor. Xxxxx Fargo may, in Xxxxx Fargo’s name or in Company’s name, as Company’s agent and attorney-in-fact, notify the United States Postal Service to change the address for delivery of Company’s mail to any address designated by Xxxxx Fargo, otherwise intercept Company’s mail, and receive, open and dispose of Company’s mail, applying all Collateral as permitted under this Agreement and holding all other mail for Company’s account or forwarding such mail to Company’s last known address.