Common use of Assignment of Claims Act Clause in Contracts

Assignment of Claims Act. If reasonably requested by the Administrative Agent, prepare and make any filings under the Federal Assignment of Claims Act (or any other similar state and local Applicable Law) with respect to Receivables from Obligors that are Governmental Authorities, that are necessary or desirable in order for the Administrative Agent to enforce such Receivable against the Obligor thereof.

Appears in 4 contracts

Samples: Second Tier Receivables Purchase and Sale Agreement (Exela Technologies, Inc.), Second Tier Purchase and Sale Agreement (Exela Technologies, Inc.), First Tier Receivables Purchase and Sale Agreement (Exela Technologies, Inc.)

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Assignment of Claims Act. If reasonably requested by the Administrative Agent, such Originator shall prepare and make any filings under the Federal Assignment of Claims Act (or any other similar state and local Applicable Law) with respect to Receivables from Obligors that are Governmental Authorities, that are necessary or desirable in order for the Administrative Agent to enforce such Receivable against the Obligor thereof.

Appears in 2 contracts

Samples: First Tier Purchase and Sale Agreement (Exela Technologies, Inc.), Second Tier Purchase and Sale Agreement (Exela Technologies, Inc.)

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