Common use of Remedies as to Certain Rights to Payment Clause in Contracts

Remedies as to Certain Rights to Payment. Upon the ---------------------------------------- occurrence of an Event of Default and at any time thereafter the Secured Party may notify any Account Debtor or other Person obligated on any Accounts or other Collateral that the same have been assigned or transferred to the Secured Party and that the same should be performed as requested by, or paid directly to, the Secured Party, as the case may be. The Grantor shall join in giving such notice, if the Secured Party so requests. The Secured Party may, in the Secured Party's name or in the Grantor's name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such Collateral or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligation of any such Account Debtor or other Person. If any payments on any such Collateral are received by the Grantor after an Event of Default has occurred, such payments shall be held in trust by the Grantor as the property of the Secured Party and shall not be commingled with any funds or property of the Grantor and shall be forthwith remitted to the Secured Party for application on the Obligations.

Remedies as to Certain Rights to Payment. Upon the ---------------------------------------- occurrence of an Event of Default and at any time thereafter the Secured Party may notify any Account Debtor or other Person obligated on any Accounts or other Collateral that the same have been assigned or transferred to the Secured Party and that the same should be performed as requested by, or paid directly to, the Secured Party, as the case may be. The Grantor shall join in giving such notice, if the Secured Party so requests. The Secured Party may, in the Secured Party's name or in the Grantor's name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such Collateral or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligation of any such Account Debtor or other Person. If any payments on any such Collateral are received by the Grantor after an Event of Default has occurred, such payments shall be held in trust by the Grantor as the property of the Secured Party and shall not be commingled with any funds or property of the Grantor and shall be forthwith remitted to the Secured Party for application on the Obligations.

Remedies as to Certain Rights to Payment. Upon the ---------------------------------------- occurrence of an Event of Default and at any time thereafter the Secured Party may notify any Account Debtor or other Person obligated on any Accounts or other Collateral that the same have been assigned or transferred to the Secured Party and that the same should be performed as requested by, or paid directly to, the Secured Party, as the case may be. The Grantor shall join in giving such notice, if the Secured Party so requests. The Secured Party may, in the Secured Party's ’s name or in the Grantor's ’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such Collateral or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligation of any such Account Debtor or other Person. If any payments on any such Collateral are received by the Grantor after an Event of Default has occurred, such payments shall be held in trust by the Grantor as the property of the Secured Party and shall not be commingled with any funds or property of the Grantor and shall be forthwith remitted to the Secured Party for application on the Obligations.

Remedies as to Certain Rights to Payment. Upon the ---------------------------------------- occurrence of an Event of Default and at any time thereafter the Secured Party may notify any Account Debtor or other Person obligated on any Accounts or other Collateral that the same have been assigned or transferred to the Secured Party and that the same should be performed as requested by, or paid directly to, the Secured Party, as the case may be. The Grantor Borrower shall join in giving such notice, if the Secured Party so requests. The Secured Party may, in the Secured Party's ’s name or in the Grantor's Borrower’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such Collateral or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligation of any such Account Debtor or other Person. If any payments on any such Collateral are received by the Grantor Borrower after an Event of Default has occurred, such payments shall be held in trust by the Grantor Borrower as the property of the Secured Party and shall not be commingled with any funds or property of the Grantor Borrower and shall be forthwith remitted to the Secured Party for application on the Obligations.

Remedies as to Certain Rights to Payment. Upon the ---------------------------------------- occurrence of an Event of Default and at any time thereafter thereafter, the Secured Party may notify any Account Debtor or other Person obligated on any Accounts or other Collateral that the same have been assigned or transferred to the Secured Party and that the same should be performed as requested by, or paid directly to, the Secured Party, as the case may be. The Grantor shall join in giving such notice, if the Secured Party so requests. The Secured Party may, in the Secured Party's ’s name or in the Grantor's ’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such Collateral or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligation of any such Account Debtor or other Person. If any payments on any such Collateral are received by the Grantor after an Event of Default has occurred, such payments shall be held in trust by the Grantor as the property of the Secured Party and shall not be commingled with any funds or property of the Grantor and shall be forthwith remitted to the Secured Party for application on the Obligations.

Remedies as to Certain Rights to Payment. Upon the ---------------------------------------- occurrence of an Event of Default and at any time thereafter the Secured Party may notify any Account Debtor or other Person obligated on any Accounts or other Collateral that the same have been assigned or transferred to the Secured Party and that the same should be performed as requested by, or paid directly to, the Secured Party, as the case may be. The Grantor Borrower shall join in giving such notice, if the Secured Party so requests. The Secured Party may, in the Secured Party's ’s name or in the Grantor's Borrower’s name, demand, xxx sue for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such Collateral or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligation of any such Account Debtor or other Person. If any payments on any such Collateral are received by the Grantor Borrower after an Event of Default has occurred, such payments shall be held in trust by the Grantor Borrower as the property of the Secured Party and shall not be commingled with any funds or property of the Grantor Borrower and shall be forthwith remitted to the Secured Party for application on the Obligations.

Remedies as to Certain Rights to Payment. Upon During the ---------------------------------------- occurrence continuance of an Event of Default and at any time thereafter the Secured Party may notify any Account Debtor or other Person obligated on any Accounts or other Collateral that the same have been assigned or transferred to the Secured Party and that the same should be performed as requested by, or paid directly to, the Secured Party, as the case may be. The Each Grantor shall join in giving such notice, if the Secured Party so requests. The During the continuance of an Event of Default, the Secured Party may, in the Secured Party's ’s name or in the any Grantor's ’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such Collateral or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligation of any such Account Debtor or other Person. If any payments on any such Collateral are received by the such Grantor after an Event of Default has occurredoccurred and is continuing, such payments shall be held in trust by the such Grantor as the property of the Secured Party and shall not be commingled with any funds or property of the such Grantor and shall upon the request of the Secured Party be forthwith remitted to the Secured Party for application on the Obligations.

Remedies as to Certain Rights to Payment. Upon the ---------------------------------------- occurrence of an Event of Default and at any time thereafter the Secured Party may notify any Account Debtor or other Person obligated on any Accounts or other Collateral that the same have been assigned or transferred to the Secured Party and that the same should be performed as requested by, or paid directly to, the Secured Party, as the case may be. The Grantor shall join in giving such notice, if the Secured Party so requests. The Secured Party may, in the Secured Party's ’s name or in the Grantor'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, any such Collateral or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligation of any such Account Debtor or other Person. If any payments on any such Collateral are received by the Grantor after an Event of Default has occurred, such payments shall be held in trust by the Grantor as the property of the Secured Party and shall not be commingled with any funds or property of the Grantor and shall be forthwith remitted to the Secured Party for application on the Obligations.

Remedies as to Certain Rights to Payment. Upon the ---------------------------------------- occurrence of an Event of Default and at any time thereafter the Secured Party may notify any Account Debtor or other Person obligated on any Accounts or other Collateral that the same have been assigned or transferred to the Secured Party and that the same should be performed as requested by, or paid directly to, the Secured Party, as the case may bemaybe. The Grantor shall join in giving such notice, if the Secured Party so requests. The Secured Party may, in the Secured Party's name or in the Grantor's name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such Collateral or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligation of any such Account Debtor or other Person. If any payments on any such Collateral are received by the Grantor after an Event of Default has occurred, such payments shall be held in trust by the Grantor as the property of the Secured Party and shall not be commingled with any funds or property of the Grantor and shall be forthwith remitted to the Secured Party for application on the Obligations.

Remedies as to Certain Rights to Payment. Upon the ---------------------------------------- occurrence of an Event of Default and at any time thereafter thereafter, the Secured Party Parties may notify any Account Debtor or other Person obligated on any Accounts or other Collateral that the same have been assigned or transferred to the Secured Party Parties and that the same should be performed as requested by, or paid directly to, the Secured PartyParties, as the case may be. The Grantor shall join in giving such notice, if the Secured Party Parties so requestsrequest. The Secured Party Parties may, in the Secured Party's name Parties’ names or in the Grantor's ’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such Collateral or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligation of any such Account Debtor or other Person. If any payments on any such Collateral are received by the Grantor after an Event of Default has occurred, such payments shall be held in trust by the Grantor as the property of the Secured Party Parties and shall not be commingled with any funds or property of the Grantor and shall be forthwith remitted to the Secured Party Parties for application on the Obligations.

Remedies as to Certain Rights to Payment. Upon the ---------------------------------------- occurrence and during the continuance of an Event of Default and at any time thereafter Default, the Secured Party may notify any Account Debtor or other Person obligated on any Accounts or other Collateral that the same have been assigned or transferred to the Secured Party and that the same should be performed as requested by, or paid directly to, the Secured Party, as the case may be. The Grantor Grantors shall join in giving such notice, if the Secured Party so requests. The Secured Party may, in the Secured Party's name or in the any Grantor's name, demand, xxx sue for, collect or receive any money or property at any time payable or xx receivable on account of, or securing, any such Collateral or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligation of any such Account Debtor or other Person. If any payments on any such Collateral are received by the Grantor Grantors after an Event of Default has occurred, such payments shall be held in trust by the Grantor Grantors as the property of the Secured Party and shall not be commingled with any funds or property of the Grantor Grantors and shall be forthwith remitted to the Secured Party for application on the Obligations.

Remedies as to Certain Rights to Payment. Upon the occurrence ---------------------------------------- occurrence of an Event of Default and at any time thereafter the Secured Party may notify any Account Debtor or other Person obligated on any Accounts or other Collateral that the same have been assigned or transferred to the Secured Party and that the same should be performed as requested by, or paid directly to, the Secured Party, as the case may be. The Grantor shall join in giving such notice, if the Secured Party so requests. The Secured Party may, in the Secured Party's name or in the Grantor's name, demand, xxx sue for, collect or receive any money or property at any time payable xxxable or receivable on account of, or securing, any such Collateral or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligation of any such Account Debtor or other Person. If any payments on any such Collateral are received by the Grantor after an Event of Default has occurred, such payments shall be held in trust by the Grantor as the property of the Secured Party and shall not be commingled with any funds or property of the Grantor and shall be forthwith remitted to the Secured Party for application on the Obligations.

Remedies as to Certain Rights to Payment. Upon the ---------------------------------------- occurrence of and during the continuance of an Event of Default and at any time thereafter the Secured Party may (i) notify any Account Debtor or other Person obligated on any Accounts or other Collateral that the same have been assigned or transferred to the Secured Party and that the same should be performed as requested by, or paid directly to, the Secured Party, as the case may be. The , and each Grantor shall join in giving such notice, if the Secured Party so requests. The , and (ii) the Secured Party may, in the Secured Party's ’s name or in the a Grantor's ’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such Collateral or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligation of any such Account Debtor or other Person. If any payments on any such Collateral are received by the a Grantor after an Event of Default has occurredoccurred and during the continuance thereof, such payments shall be held in trust by the such Grantor as the property of the Secured Party and shall not be commingled with any funds or property of the such Grantor and shall be forthwith remitted to the Secured Party for application on the Obligations.

Remedies as to Certain Rights to Payment. Upon the ---------------------------------------- occurrence of an Event of Default and at any time thereafter the Secured Party may notify any Account Debtor or other Person obligated on any Accounts or other Collateral that the same have been assigned or transferred to the Secured Party, for the ratable benefit of the Secured Party and the Lenders, and that the same should be performed as requested by, or paid directly to, the Secured Party, as the case may be. The Grantor Grantors shall join in giving such notice, if the Secured Party so requests. The Secured Party may, in the Secured Party's ’s name or in the a Grantor's ’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such Collateral or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligation of any such Account Debtor or other Person. If any payments on any such Collateral are received by the a Grantor after an Event of Default has occurred, such payments shall be held in trust by the such Grantor as the property of the Secured Party, for the ratable benefit of the Secured Party and the Lenders, and shall not be commingled with any funds or property of the such Grantor and shall be forthwith remitted to the Secured Party for application on the Obligations.

Remedies as to Certain Rights to Payment. Upon the ---------------------------------------- occurrence of an Event of Default and at any time thereafter thereafter, the Secured Party may notify any Account Debtor or other Person obligated on any Accounts or other Collateral that the same have been assigned or transferred to the Secured Party and that the same should be performed as requested by, or paid directly to, the Secured Party, as the case may be. The Each Grantor shall join in giving such notice, if the Secured Party so requests. The Secured Party may, in the Secured Party's ’s name or in the any Grantor's ’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such Collateral or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligation of any such Account Debtor or other Person. If any payments on any such Collateral are received by the any Grantor after an Event of Default has occurred, such payments shall be held in trust by the such Grantor as the property of the Secured Party and shall not be commingled with any funds or property of the any Grantor and shall be forthwith remitted to the Secured Party for application on the Obligations.

Remedies as to Certain Rights to Payment. Upon During the ---------------------------------------- occurrence continuance of an Event of Default and at any time thereafter the Secured Party may notify any Account Debtor or other Person obligated on any Accounts or other Collateral that the same have been assigned or transferred to the Secured Party and that the same should be performed as requested by, or paid directly to, the Secured Party, as the case may be. The Each Grantor shall join in giving such notice, if the Secured Party so requests. The During the continuance of an Event of Default, the Secured Party may, in the Secured Party's ’s name or in the any Grantor'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, any such Collateral or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligation of any such Account Debtor or other Person. If any payments on any such Collateral are received by the such Grantor after an Event of Default has occurredoccurred and is continuing, such payments shall be held in trust by the such Grantor as the property of the Secured Party and shall not be commingled with any funds or property of the such Grantor and shall upon the request of the Secured Party be forthwith remitted to the Secured Party for application on the Obligations.

Remedies as to Certain Rights to Payment. Upon the ---------------------------------------- --------------------------------------------- occurrence of an Event of Default and failure to cure and at any time thereafter the Secured Party may notify any Account Debtor or other Person obligated on any Accounts or other Collateral that the same have been assigned or transferred to the Secured Party and that the same should be performed as requested by, or paid directly to, the Secured Party, as the case may be. The Grantor shall join in giving such notice, if the Secured Party so requests. The Secured Party may, in the Secured Party's name or in the Grantor's name, demand, xxx sue for, collect or receive any money xxxey or property at any time payable or receivable on account of, or securing, any such Collateral or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligation of any such Account Debtor or other Person. If any payments on any such Collateral are received by the Grantor after an Event of Default has occurred, such payments shall be held in trust by the Grantor as the property of the Secured Party and shall not be commingled with any funds or property of the Grantor and shall be forthwith remitted to the Secured Party for application on the Obligations.

Remedies as to Certain Rights to Payment. Upon the ---------------------------------------- occurrence of an Event of Default and at any time thereafter the Secured Party may notify any Account Debtor or other Person obligated on any Accounts or other Collateral that the same have been assigned or transferred to the Secured Party and that the same should be performed as requested by, or paid directly to, the Secured Party, as the case may be. The Grantor shall join in giving such notice, if the Secured Party so requests. The Secured Party may, in the Secured Party's name or in the Grantor's name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securingseeming, any such Collateral or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligation of any such Account Debtor or other Person. If any payments on any such Collateral are received by the Grantor after an Event of Default has occurred, such payments shall be held in trust by the Grantor as the property of the Secured Party and shall not be commingled with any funds or property of the Grantor and shall be forthwith remitted to the Secured Party for application on the Obligations.

Remedies as to Certain Rights to Payment. Upon the ---------------------------------------- occurrence of and during the continuance of an Event of Default and at any time thereafter the Secured Party may (i) notify any Account Debtor or other Person obligated on any Accounts or other Collateral that the same have been assigned or transferred to the Secured Party and that the same should be performed as requested by, or paid directly to, the Secured Party, as the case may be. The , and the Grantor shall join in giving such notice, if the Secured Party so requests. The , and (ii) the Secured Party may, in the Secured Party's ’s name or in the Grantor's ’s name, demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such Collateral or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligation of any such Account Debtor or other Person. If any payments on any such Collateral are received by the Grantor after an Event of Default has occurredoccurred and during the continuance thereof, such payments shall be held in trust by the Grantor as the property of the Secured Party and shall not be commingled with any funds or property of the Grantor and shall be forthwith remitted to the Secured Party for application on the Obligations.