Common use of Collection Rights Clause in Contracts

Collection Rights. Without notice to Grantor or any other Loan Party, Secured Party may notify any or all account debtors and obligors on any Accounts, Instruments or other Claims constituting Collateral of Secured Party's security interests therein and may direct, demand and enforce payment thereof directly to Secured Party.

Collection Rights. Without notice to any Grantor or any other Loan Party, Secured Party may notify any or all account debtors and obligors on any Accounts, Instruments or other Claims constituting Collateral of Secured Party's security interests therein and may direct, demand and enforce payment thereof directly to Secured Party.

Collection Rights. Without notice to Grantor At any time before or any other Loan Partyafter an Event of Default, the Secured Party may may, and at the request of the Secured Party the Debtor shall, promptly notify any account debtor or all account debtors and obligors on obligor of any Accountsaccount, Instruments instrument, chattel paper, other right to payment or other Claims general intangible constituting Collateral that the same has been assigned to the Secured Party and direct such account debtor or obligor to make all future payments to the Secured Party for the benefit of Secured Party's security interests therein and may direct, demand and enforce payment thereof directly to the Secured Party.

Collection Rights. Without notice to Grantor or any other Loan PartyGrantor, Secured Party may notify any or all account debtors and obligors on any Accounts, Instruments or other Claims constituting Collateral of Secured Party's security interests therein and may direct, demand and enforce payment thereof directly to Secured Party.