Common use of Communications with Obligors; Grantors Remain Liable Clause in Contracts

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 106 contracts

Samples: Credit Agreement (Cinemark Usa Inc /Tx), Guarantee and Collateral Agreement (Enernoc Inc), Guarantee and Collateral Agreement (Adesa California, LLC)

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Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 31 contracts

Samples: Assumption Agreement (Generac Holdings Inc.), Guarantee and Collateral Agreement (Maxxam Inc), Pledge and Security Agreement (Babcock & Wilcox Co)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any Receivables.

Appears in 26 contracts

Samples: Guarantee and Collateral Agreement (Triumph Group Inc), Guarantee and Collateral Agreement (Cinemark Usa Inc /Tx), Credit and Guarantee Agreement (Nbty Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 17 contracts

Samples: Guarantee and Collateral Agreement (B&g Foods Inc), Guarantee and Collateral Agreement (Infrasource Services Inc), Guarantee and Collateral Agreement (Maxxam Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Subject to compliance with applicable law, the Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 7 contracts

Samples: Guarantee and Collateral Agreement (Marriott Vacations Worldwide Corp), Guarantee and Collateral Agreement (MARRIOTT VACATIONS WORLDWIDE Corp), Guarantee and Collateral Agreement (Marriott Vacations Worldwide Corp)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s reasonable satisfaction the existence, amount and terms of any Receivables.

Appears in 7 contracts

Samples: Credit Agreement (Healthequity, Inc.), Bridge Facility Agreement (Post Holdings, Inc.), Guarantee and Collateral Agreement (Post Holdings, Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 6 contracts

Samples: Security Agreement (USA Synthetic Fuel Corp), Control Agreement (USA Synthetic Fuel Corp), Mortgage, Security Agreement (Delek US Holdings, Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s 's reasonable satisfaction the existence, amount and terms of any Receivables.

Appears in 6 contracts

Samples: Assumption Agreement (Scientific Games Corp), Guarantee and Collateral Agreement (Scientific Games Corp), Guarantee and Collateral Agreement (Scientific Games Corp)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to any material contract of any Grantor to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any ReceivablesReceivables or any material contract of any Grantor.

Appears in 5 contracts

Samples: Guarantee and Collateral Agreement (Tenneco Inc), Patent Status Report (Tenneco Inc), Guarantee and Collateral Agreement (Tenneco Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Pledged Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 5 contracts

Samples: Guarantee and Collateral Agreement (Charter Communications Inc /Mo/), Guarantee and Collateral Agreement (Charter Communications, Inc. /Mo/), Credit Agreement (Charter Communications, Inc. /Mo/)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 4 contracts

Samples: General Security Agreement (Aemetis, Inc), General Security Agreement (Aemetis, Inc), General Security Agreement (Aemetis, Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of when an Event of Default has occurred and is continuing, communicate with obligors under the Receivables required to be included in Collateral to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any such Receivables.

Appears in 4 contracts

Samples: Guarantee and Collateral Agreement (Global Aero Logistics Inc.), Credit Agreement (Readers Digest Association Inc), Guarantee and Collateral Agreement (Readers Digest Association Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 4 contracts

Samples: Trademark Security Agreement (Gogo Inc.), Credit Agreement (Hanger, Inc.), Credit Agreement (Engility Holdings, Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time during reasonable business hours after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 4 contracts

Samples: Guarantee and Collateral Agreement (Radio One Inc), Credit Agreement (Rent a Center Inc De), Guarantee and Collateral Agreement (Rent a Center Inc De)

Communications with Obligors; Grantors Remain Liable. (a) The At any time after the occurrence and during the continuance of an Event of Default, the Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 4 contracts

Samples: Credit Agreement (Wolverine World Wide Inc /De/), Guarantee and Collateral Agreement (Metavante Technologies, Inc.), Credit Agreement (Tempur Sealy International, Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 4 contracts

Samples: Guaranty and Collateral Agreement (ABC Funding, Inc), Assumption Agreement (ABC Funding, Inc), Second Lien Guaranty and Collateral Agreement (Petro Resources Corp)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent Subject to applicable law and contractual rights, if any, in its own name or in the name of others may each case relating to confidentiality, at any time after the occurrence and during the continuance of an Event of Default Default, the Administrative Agent in its own name may at any time communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s reasonable satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 3 contracts

Samples: Guarantee and Security Agreement (National Mentor Holdings, Inc.), Guarantee and Security Agreement (21st Century Oncology Holdings, Inc.), Guarantee and Security Agreement (National Mentor Holdings, Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The At any time after the occurrence and during the continuance of an Event of Default, the Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 3 contracts

Samples: First Lien Guarantee and Collateral Agreement (New World Restaurant Group Inc), Guarantee and Collateral Agreement (New World Restaurant Group Inc), Guarantee and Collateral Agreement (Einstein Noah Restaurant Group Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate (by mail, telephone, facsimile or otherwise) with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 3 contracts

Samples: Guarantee and Collateral Agreement (Nebraska Book Co), Guarantee and Collateral Agreement (NBC Acquisition Corp), Guarantee and Collateral Agreement (NBC Acquisition Corp)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to any material contract of any Grantor to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables or any material contract of any Grantor.

Appears in 3 contracts

Samples: Guarantee and Collateral Agreement (Tenneco Inc), Guarantee and Collateral Agreement (Tenneco Automotive Inc), Guarantee and Collateral Agreement (Tenneco Automotive Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default in its own name or in the name of others may at any time communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 3 contracts

Samples: Guaranty and Collateral Agreement (Rex Energy Corp), Guaranty and Second Lien Collateral Agreement (Rex Energy Corp), Guaranty and Collateral Agreement (Rex Energy Corp)

Communications with Obligors; Grantors Remain Liable. (a) The Subject to the Intercreditor Agreement, upon reasonable notice to the Grantors the Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 3 contracts

Samples: Guarantee and Collateral Agreement (Eddie Bauer Holdings, Inc.), Guarantee and Collateral Agreement (Eddie Bauer Holdings, Inc.), Guarantee and Collateral Agreement (Eddie Bauer Holdings, Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables included in the Collateral to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any ReceivablesReceivables included in the Collateral.

Appears in 3 contracts

Samples: Credit Agreement (Avis Budget Group, Inc.), Guarantee and Collateral Agreement (Avis Budget Group, Inc.), Guarantee and Collateral Agreement (Avis Budget Group, Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time and from time to time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts (in each case, to the extent constituting Collateral) to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 3 contracts

Samples: Guarantee and Collateral Agreement (Day International Group Inc), Guarantee and Collateral Agreement (Relocation Management Systems Inc), Guarantee and Collateral Agreement (Us Office Products Co)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time and from time to time after the occurrence and during the continuance of an Event of Default specified in subsection 9(a) of the Credit Agreement, communicate with obligors under the Receivables Accounts Receivable and parties to the Contracts (in each case, to the extent constituting Collateral) to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any ReceivablesAccounts Receivable or Contracts.

Appears in 3 contracts

Samples: Guarantee and Collateral Agreement (Graphic Packaging Corp), Guarantee and Collateral Agreement (VWR International, Inc.), Guarantee and Collateral Agreement (VWR International, Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default Default, communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Hill International, Inc.), Guaranty and Collateral Agreement (Russ Berrie & Co Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default from time to time communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Miller Energy Resources, Inc.), Guarantee and Collateral Agreement (Miller Energy Resources, Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The Upon the request of the Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with Default, each Grantor shall notify obligors under on the Receivables and parties to verify with them the Contracts that the Receivables and the Contracts have been assigned to the Administrative Agent for the ratable benefit of the Lenders and that payments in respect thereof shall be made directly to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Anc Rental Corp), Guarantee and Collateral Agreement (Anc Rental Corp)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others the Secured Parties may at any time after the occurrence and during the continuance of an Event of Default and after prior written notice to the Grantors communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 2 contracts

Samples: Credit Agreement (Business Sound Inc), Guarantee and Collateral Agreement (Business Sound Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any Receivables.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Polo Ralph Lauren Corp), Credit Agreement (Big City Radio Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Focus Venture Partners, Inc), Guarantee and Collateral Agreement (Beacon Enterprise Solutions Group Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 2 contracts

Samples: Credit Agreement (General Bearing Corp), Guarantee and Collateral Agreement (Powerhouse Technologies Inc /De)

Communications with Obligors; Grantors Remain Liable. (a) The General Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the General Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 2 contracts

Samples: Credit Agreement (Safety Kleen Corp/), Guarantee and Collateral Agreement (Laidlaw Environmental Services Inc)

Communications with Obligors; Grantors Remain Liable. (a) The At any time after the occurrence and during the continuance of an Event of Default, the Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Allied Riser Communications Corp), Guarantee and Collateral Agreement (General Semiconductor Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Advent Software Inc /De/), Guarantee and Collateral Agreement (Advent Software Inc /De/)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance continuation of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any Receivables.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Barton Protective Services LLC), Guarantee and Collateral Agreement (M & F Worldwide Corp)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default Default, upon prior written notice to the Company, communicate with obligors under the Receivables included in Collateral hereunder and parties to the contracts to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivablessuch Receivables or contracts.

Appears in 2 contracts

Samples: Credit Agreement (Dole Food Co Inc), Assignment and Assumption (Dole Food Co Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any ReceivablesReceivables provided that in the absence of an Event of Default, such communication may be had only with the Borrower’s prior approval, which shall not be unreasonably withheld.

Appears in 2 contracts

Samples: Collateral Agreement (Ifco Systems Nv), Guarantee and Collateral Agreement (Ifco Systems Nv)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of when an Event of Default has occurred and is continuing communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (GNC Holdings, Inc.), Guarantee and Collateral Agreement (GNC Acquisition Holdings Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The ---------------------------------------------------- Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any Receivables.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Grubb & Ellis Co), Credit Agreement (Alliance Laundry Holdings LLC)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of when an Event of Default has occurred and is continuing, communicate with obligors under the Receivables required to be included in the Collateral to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any such Receivables.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Burger King Worldwide, Inc.), Guarantee and Collateral Agreement (Burger King Holdings Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate (by mail, telephone, facsimile, email or otherwise) with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Par Petroleum Corp/Co), Term Loan Agreement (Gevo, Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any Receivables.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Inamed Corp), Guarantee and Collateral Agreement (Infinity Property & Casualty Corp)

Communications with Obligors; Grantors Remain Liable. (a) The If an Event of Default shall occur and is continuing, the Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Superior Offshore International Inc.), Guarantee and Collateral Agreement (Superior Offshore International Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The If an Event of Default has occurred and is continuing, the Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 2 contracts

Samples: Patent Security Agreement (Edgen Murray LTD), Patent Security Agreement (Edgen Murray LTD)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent Agent, in its own name or in the name of others others, may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Griffon Corp), Guarantee and Collateral Agreement (Griffon Corp)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default Default, after giving reasonable notice to the relevant Grantor of its intent to do so, communicate with obligors under the Receivables Accounts to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesAccounts. The Administrative Agent shall have the absolute right to share any information it gains from such inspection or verification with any Secured Party.

Appears in 2 contracts

Samples: Security Agreement (Rockwood Specialties Group Inc), Security Agreement (Rockwood Specialties Group Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent Agent, in its own name or in the name of others one of its Affiliates or a Grantor, may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Benefitfocus,Inc.), Guarantee and Collateral Agreement (Benefitfocus,Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The In addition to the rights of the Administrative Agent under the Consents, the Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 2 contracts

Samples: Control Agreement (Wynn Resorts LTD), Control Agreement (Wynn Las Vegas LLC)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Material Contracts to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any ReceivablesReceivables or Material Contracts.

Appears in 2 contracts

Samples: Credit Agreement (Dave & Buster's Entertainment, Inc.), Assumption Agreement (Logan's Roadhouse of Kansas, Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default Default, after giving reasonable notice to the relevant Grantor of its intent to do so, communicate with obligors under the Receivables Accounts to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any ReceivablesAccounts. The Administrative Agent shall have the absolute right to share any information it gains from such inspection or verification with any Secured Party.

Appears in 2 contracts

Samples: Security Agreement (Rockwood Specialties Group Inc), Security Agreement (Accellent Corp.)

Communications with Obligors; Grantors Remain Liable. (a) The When a Default or Event of Default shall have occurred and be continuing, the Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any Receivables.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (American Buildings Co /De/), Guarantee and Collateral Agreement (American Buildings Co /De/)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to any contract or other agreement to verify with them to the Administrative Agent’s reasonable satisfaction the existence, amount and terms of any Receivables.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (HollyFrontier Corp), Assignment and Assumption Agreement (HollyFrontier Corp)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time and from time to time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts (in each case, to the extent constituting Collateral) to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Sirva Inc)

Communications with Obligors; Grantors Remain Liable. (a) The ---------------------------------------------------- Administrative Agent in its own name or in the name of others may may, at any time after the occurrence and during the continuance of an Event of Default Default, communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Bedding Experts Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables; provided, that prior to the occurrence of an Event of Default, the Administrative Agent shall not indicate to any obligors that the verification is being done by a secured party.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Ddi Capital Corp/Dynamic Details Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default Default, after giving reasonable notice to the relevant Grantor of its intent to do so, communicate with obligors under the Receivables Accounts to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.of

Appears in 1 contract

Samples: Security Agreement (Jostens IH Corp.)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivable.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Conmed Corp)

Communications with Obligors; Grantors Remain Liable. (a) The ---------------------------------------------------- Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables Collateral to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables Collateral.

Appears in 1 contract

Samples: Collateral Agreement (Bush Industries Inc)

Communications with Obligors; Grantors Remain Liable. (a) The If an Event of Default has occurred and is continuing, the Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Accuride Corp)

Communications with Obligors; Grantors Remain Liable. (a5.2(a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 1 contract

Samples: Pledge and Security Agreement (L 3 Communications Holdings Inc)

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Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may may, at any time after the occurrence and during the continuance of an Event of Default Default, communicate with obligors under the Receivables to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any Receivables. The Agent agrees to provide subsequent notice to the applicable Grantor that Agent has so communicated with such obligors.

Appears in 1 contract

Samples: And Collateral Agreement (American Coin Merchandising Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance con- tinuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Nbty Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables Accounts to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesAccounts.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Audiovox Corp)

Communications with Obligors; Grantors Remain Liable. (axii) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Thermon Group Holdings, Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The ---------------------------------------------------- Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default and after giving notice to the relevant Grantor, communicate with obligors under the Receivables and parties to the Contracts and Additional Contracts to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (P&l Coal Holdings Corp)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any Receivables; provided, that prior to the occurrence of an Event of Default, the Administrative Agent shall not indicate to any obligors that the verification is being done by a secured party.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Avery Berkel Holdings LTD)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent Agent, in its own name or in the name of others others, may at any time after the occurrence and during the continuance of an Event of Default and upon written notice to the Borrower, communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 1 contract

Samples: And Collateral Agreement (National Waterworks Inc)

Communications with Obligors; Grantors Remain Liable. (a) The If an Event of Default has occurred and is continuing, the Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Accuride Corp)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Williams Companies Inc)

Communications with Obligors; Grantors Remain Liable. (axii) The Administrative Agent Agent, in its own name or in the name of others others, may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Griffon Corp)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any such Receivables.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (ABX Holdings, Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default has occurred and is continuing communicate with obligors under the Receivables to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (General Nutrition Companies Inc)

Communications with Obligors; Grantors Remain Liable. (a) The At any time during a Default Scenario, the Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables included in the Collateral to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any such Receivables.

Appears in 1 contract

Samples: Credit Agreement (Regal Cinemas Corp)

Communications with Obligors; Grantors Remain Liable. (a) The With respect to the Collateral, the Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Grove Holdings Capital Inc)

Communications with Obligors; Grantors Remain Liable. (a) The ---------------------------------------------------- Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Intira Corp)

Communications with Obligors; Grantors Remain Liable. (a) The During the continuance of an Event of Default, the Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables constituting Collateral to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: Credit Agreement (Ribbon Communications Inc.)

Communications with Obligors; Grantors Remain Liable. (axi) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Thermon Group Holdings, Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default Default, communicate with obligors under the Receivables required to be included in the Collateral to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any such Receivables.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Armored AutoGroup Inc.)

Communications with Obligors; Grantors Remain Liable. (ab) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s reasonable satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Hooper Holmes Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and the General Intangibles to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables or General Intangible.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Birch Telecom Inc /Mo)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables; provided that such communication shall be in the name of the applicable Grantor unless a Default or Event of Default exists and is continuing.

Appears in 1 contract

Samples: Intellectual Property Security Agreement (Waste Services, Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Documentation Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Documentation Agent’s 's satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: Collateral Agreement (Hexcel Corp /De/)

Communications with Obligors; Grantors Remain Liable. (a9) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Sba Communications Corp)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance continuation of an Event of Default and after prior written notice of such action to the relevant Grantors communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Innophos Investment Holdings, Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The General Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the General Administrative Agent’s 's satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (SMTC Corp)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time and from time to time after the occurrence and during the continuance of an Event of Default specified in Section 15.2(a) of the Credit Agreement, communicate with obligors under the Receivables Accounts and parties to the Contracts (in each case, to the extent constituting Collateral) to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesAccounts or Contracts.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Dynatech Corp)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default and after prior written notice of such action to each applicable Grantor communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Roundy's, Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of when an Event of Default has occurred and is continuing, communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: Credit Agreement (Pike Holdings, Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts provided that in the absence of an Event of Default, such communication may be had only with the Borrower's prior approval, which shall not be unreasonably withheld.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Ifco Systems Nv)

Communications with Obligors; Grantors Remain Liable. (a) The At any time after the occurrence and during the continuance of an Event of Default, the Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Beverly Enterprises Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s reasonable satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Veru Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default Default, communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s reasonable satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 1 contract

Samples: And Collateral Agreement (Generac Holdings Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The Subject to applicable law regarding Governmental Account Debtors, the Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: Guaranty and Collateral Agreement (Option Care Inc/De)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent Agent, in its own name or in the name of others others, may at any time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables; provided that if an Event of Default does not exist, the Administrative Agent may communicate with such obligors only in the name of others.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Ultra Clean Holdings Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default Default, upon two (2) Business Days’ prior written notice to the Borrower, communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Barracuda Networks Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time during reasonable business hours after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Renters Choice Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time and from time to time after the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables Accounts and parties to the Contracts (in each case, to the extent constituting 24 Collateral) to verify with them to the Administrative Agent’s 's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Day International Group Inc)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after upon the occurrence and during the continuance of an Event of Default that has continued beyond any applicable cure period, communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: Guaranty and Collateral Agreement (Digerati Technologies, Inc.)

Communications with Obligors; Grantors Remain Liable. (a) The Administrative Agent in its own name or in the name of others may at any time after the occurrence and during the continuance of an Event of Default and after prior notice of such action to each applicable Guarantor communicate with obligors under the Receivables to verify with them to the Administrative Agent’s satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Protection One Alarm Monitoring Inc)

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