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

Communications with Obligors; Grantors Remain Liable. (a) Lenders in their 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 Lenders’ satisfaction the existence, amount and terms of any Receivables.

Appears in 3 contracts

Samples: Guaranty and Security Agreement (Cytomedix Inc), Guaranty and Security Agreement (Alphatec Holdings, Inc.), Guaranty and Security Agreement (Infinity Pharmaceuticals, Inc.)

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Communications with Obligors; Grantors Remain Liable. (a) Lenders The Lender in their 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 Lenders’ satisfaction the existence, amount and terms of any Receivables.

Appears in 2 contracts

Samples: Security Agreement (Strattec Security Corp), Security Agreement (Strattec Security Corp)

Communications with Obligors; Grantors Remain Liable. (a) Lenders The Lender in their 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 Lenders’ the Lender’s satisfaction the existence, amount and terms of any Receivables.

Appears in 2 contracts

Samples: Guaranty and Security Agreement (Westell Technologies Inc), Guarantee and Collateral Agreement (Virtus Investment Partners, Inc.)

Communications with Obligors; Grantors Remain Liable. (a) Lenders The ---------------------------------------------------- Lender in their 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 Lenders’ the Lender's satisfaction the existence, amount and terms of any ReceivablesReceivables or Contracts.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (V I Technologies Inc), Guarantee and Collateral Agreement (Lexar Media Inc)

Communications with Obligors; Grantors Remain Liable. (a) Lenders in their 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 Lenders' satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: Guaranty and Security Agreement (IMRIS Inc.)

Communications with Obligors; Grantors Remain Liable. (a) Lenders Secured Creditors in their 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 LendersSecured Creditors’ satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Mannkind Corp)

Communications with Obligors; Grantors Remain Liable. (a) Lenders The Lender in their 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 Lenders’ the Lender's satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: And Collateral Agreement (Circuit Research Labs Inc)

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

Appears in 1 contract

Samples: Guaranty and Security Agreement (Mannkind Corp)

Communications with Obligors; Grantors Remain Liable. (a) Lenders Lender in their 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 Lenders’ Lender’s satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Rightside Group, Ltd.)

Communications with Obligors; Grantors Remain Liable. (a) Lenders Lender in their 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 Lenders’ Lender’s reasonable satisfaction the existence, amount and terms of any Receivables.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Pdi Inc)

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