Common use of Protection of Ownership Interests of Buyer Clause in Contracts

Protection of Ownership Interests of Buyer. (a) Each Seller agrees that from time to time, at its expense, it will promptly execute and deliver all instruments and documents, and take all actions, that may be necessary or desirable, or that Buyer (or its assigns) may reasonably request, to perfect, protect or more fully evidence the interest of Buyer and its assigns therein, or to enable Buyer (or its assigns) to exercise and enforce all rights and remedies afforded to any Transferee hereunder. At any time following the earlier to occur of a Termination Event or an Amortization Event: Buyer (or its assigns) may, at the applicable Seller's sole cost and expense, direct each Seller to notify the Obligors of Receivables transferred by it of the ownership interests of Buyer under this Agreement and may also direct that payments of all amounts due or that become due under any or all Receivables transferred by it be made directly to Buyer or its designee.

Protection of Ownership Interests of Buyer. (a) Each Seller Originator agrees that from time to time, at its expense, it will promptly execute and deliver all instruments and documents, and take all actions, that may be necessary or desirable, or that Buyer (or its assigns) may reasonably request, to perfect, protect or more fully evidence the interest of Buyer hereunder and its assigns thereinthe Purchaser Interests, or to enable Buyer (or its assigns) to exercise and enforce all their rights and remedies afforded to any Transferee hereunder. At any time following Upon the earlier to occur occurrence an during the continuance of a Termination Event hereunder or of an Amortization Event: Event under the Purchase Agreement, Buyer (or its assigns) may, at the applicable SellerOriginator's sole cost and expense, direct each Seller such Originator to notify the Obligors of Receivables transferred by it of such Originator of the ownership interests of Buyer under this Agreement and may also direct that payments of all amounts due or that become due under any or all Receivables transferred by it be made directly to Buyer or its designee.

Protection of Ownership Interests of Buyer. (a) Each Seller Transferor agrees that from time to time, at its expense, it will promptly execute and deliver all instruments and documents, and take all actions, that may be necessary or desirable, or that Buyer (or its assigns) may reasonably request, to perfect, protect or more fully evidence the interest of Buyer hereunder and its assigns thereinthe interest of the Administrative Agent (on behalf of the Lenders) under the Credit and Security Agreement, or to enable Buyer (or its assigns) to exercise and enforce all their rights and remedies afforded to any Transferee hereunder. At any time following after the earlier to occur occurrence and during the continuance of a Termination Event or an Amortization Event: , Buyer (or its assigns) may, at the applicable Seller's such Transferor’s sole cost and expense, direct each Seller such Transferor to notify the Obligors of Receivables transferred by it of the ownership interests of Buyer under this Agreement and may also direct that payments of all amounts due or that become due under any or all Receivables transferred by it be made directly to Buyer or its designee.