Communications with Obligors; Grantors Remain Liable. (a) The Canadian Collateral 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 Accounts Receivable constituting Collateral and parties to the Contracts (in each case, to the extent constituting Collateral) to verify with them to the Canadian Collateral Agent’s satisfaction the existence, amount and terms of any Accounts Receivable constituting Collateral or Contracts.
Appears in 3 contracts
Samples: Canadian Security Agreement (RSC Equipment Rental, Inc.), Canadian Guarantee and Collateral Agreement (Hertz Corp), The Credit Agreement (RSC Holdings Inc.)
Communications with Obligors; Grantors Remain Liable. (a) The Canadian Collateral 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 Section 9(a) of the Credit Agreement (and subject to any applicable Intercreditor Agreement), communicate with obligors under the Accounts Receivable constituting Collateral and parties to the Contracts (in each case, to the extent constituting Collateral) to verify with them to the Canadian Collateral Agent’s satisfaction the existence, amount and terms of any Accounts Receivable constituting Collateral or Contracts.
Appears in 2 contracts
Samples: Canadian Guarantee and Collateral Agreement (Herc Holdings Inc), Canadian Guarantee and Collateral Agreement (Hertz Global Holdings Inc)
Communications with Obligors; Grantors Remain Liable. (a) The Canadian Collateral 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 Accounts Receivable constituting Collateral and parties to the Contracts (in each case, to the extent constituting Collateral) to verify with them to the Canadian Collateral Agent’s satisfaction the existence, amount and terms of any Accounts Receivable constituting Collateral or Contracts.
Appears in 1 contract
Samples: Guarantee and Collateral Agreement (New Sally Holdings, Inc.)
Communications with Obligors; Grantors Remain Liable. (a) The Canadian Collateral Agent, 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 ABL Credit Agreement, communicate with obligors under the Accounts Receivable constituting Collateral and parties to the Contracts (in each case, to the extent constituting Collateral) to verify with them to the Canadian Collateral Agent’s ’s’ satisfaction the existence, amount and terms of any Accounts Receivable constituting Collateral or Contracts.
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Communications with Obligors; Grantors Remain Liable. (a) The Canadian Collateral 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 Accounts Receivable constituting Collateral and parties to the Contracts (in each case, to the extent constituting Collateral) to verify with them to the Canadian Collateral Agent’s 's satisfaction the existence, amount and terms of any Accounts Receivable constituting Collateral or Contracts.
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Communications with Obligors; Grantors Remain Liable. (a) The Canadian Collateral Agent, in its own name or in the name of others, Agent 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 Accounts Receivable constituting Collateral and parties to the Contracts (in each case, to the extent constituting Collateral) Receivables to verify with them to the Canadian Collateral Agent’s satisfaction the existence, amount and terms of any Accounts Receivable constituting Collateral Receivables; provided that such communication shall be in the name of the applicable Grantor unless a Default or Contracts.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 Canadian Collateral Agent, 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 ABL Credit Agreement, communicate with obligors under the Accounts Receivable constituting Collateral and parties to the Contracts (in each case, to the extent constituting Collateral) to verify with them to the Canadian Collateral Agent’s satisfaction the existence, amount and terms of any Accounts Receivable constituting Collateral or Contracts.
Appears in 1 contract
Samples: Credit Agreement (Hd Supply, Inc.)