Common use of Payments by Obligors Clause in Contracts

Payments by Obligors. At any time, and from time to time following a Complete Servicing Transfer, or if a Servicer Event shall have occurred and be continuing, the Seller, each Originator and the Servicer shall permit such Persons as the Administrative Agent may designate to open and inspect all mail received in the Permitted Lockboxes, by the Seller at any of its offices or by an Originator or the Servicer at any of their respective offices if (in the case of an Originator or the Servicer) such mail on its face appears that it may be related to the Purchased Receivables, and to remove therefrom any and all Collections or other correspondence from Obligors or the Originator in respect of Purchased Receivables. All Collections received by the Administrative Agent, the Managing Agents and the Buyers shall be applied in accordance with Section 5.05 hereof. The Administrative Agent shall be entitled to notify the Obligors of Purchased Receivables to make payments directly to the Administrative Agent, the Managing Agents or the Buyers of amounts due thereunder at any time and from time to time following the occurrence of (i) a Servicer Event, (ii) a Complete Servicing Transfer, or (iii) a violation by the Seller of the provisions of Section 6.08 hereof.

Payments by Obligors. At any time, and from time to time following a Complete Servicing Transfer, or if a Servicer Event or a Termination Event or a Potential Termination Event pursuant to Section 10.01(j) shall have occurred and be continuing, the Seller, each Originator the Company and the Servicer shall permit such Persons as the Administrative Agent Administrator may designate to open and inspect all mail (pertaining to the Staffing Solutions Business) received in the Permitted Lockboxes, by the Seller Seller, the Company or the Servicer, or by any Paying Agent that is an Affiliate of the Company or the Seller, at any of its offices or by an Originator or the Servicer at any of their respective offices if (in the case of an Originator or the Servicer) such mail on its face appears that it may be related to the Purchased Receivablesoffices, and to remove therefrom any and all Collections or other correspondence from Obligors Obligors, the Seller, the Originators or the Originator Company in respect of Purchased Receivables. All Collections received by the Administrative AgentAdministrator, the Managing Agents Buyers and the Buyers Buyer Agents shall be applied in accordance with Section 5.05 hereof. The Administrative Agent Administrator shall be entitled to notify the Obligors of Purchased Receivables to make payments directly to the Administrative Agent, the Managing Agents Administrator or the Buyers Buyer Agents of amounts due thereunder at any time and from time to time following the occurrence of (i) a Servicer Event, (ii) a Complete Servicing Transfer, or (iii) a violation by the Seller of the provisions of Section 6.08 hereof.

Payments by Obligors. At any time, and from time to time following a Complete Servicing Transfer, or if a Servicer Event shall have occurred and be continuing, the Seller, each Originator and the Servicer shall permit such Persons as the Administrative Agent Buyer may designate to open and inspect all mail received in the Permitted Lockboxes, by the Seller at any of its offices or by an Originator or the Servicer at any of their respective offices if (in the case of an Originator or the Servicer) such mail on its face appears that it may be related to the Purchased Receivables, and to remove therefrom any and all Collections or other correspondence from Obligors or the Originator in respect of Purchased Receivables. All Collections received by the Administrative Agent, the Managing Agents and the Buyers Buyer shall be applied in accordance with Section 5.05 hereof. The Administrative Agent Buyer shall be entitled to notify the Obligors of Purchased Receivables to make payments directly to the Administrative Agent, the Managing Agents or the Buyers Buyer of amounts due thereunder at any time and from time to time following the occurrence of (i) a Servicer Event, (ii) a Complete Servicing Transfer, or (iii) a violation by the Seller of the provisions of Section 6.08 hereof.