Mails. Lender is authorized to (and Borrower shall, upon request of Lender) notify the postal authorities to deliver all mail, correspondence or parcels addressed to Borrower to Lender at such address as Lender may direct. Lender will return to Borrower mail received by it that does not represent collections of Receivables or matters relating to Collateral after Lender has examined same.
Appears in 1 contract
Sources: Loan Security and Service Agreement (Auto Underwriters of America, Inc.)
Mails. From and after an Event of Default, Lender is authorized to (and Borrower shall, upon request of Lender) notify the postal authorities to deliver all mail, correspondence or parcels addressed to Borrower to Lender at such address as Lender may direct. , provided, however, that Lender will return shall promptly forward all mail to Borrower mail received by it that does not represent collections of Receivables or matters relating which is unrelated to Collateral after Lender has examined samethe Collateral.
Appears in 1 contract
Sources: Loan and Security Agreement (Bogen Communications International Inc)
Mails. From and after the occurrence and during the continuance of an Event of Default, Lender is authorized to (and Borrower shall, upon request of Lender) notify the postal authorities to deliver all mail, correspondence or parcels addressed to Borrower to Lender at such address as Lender may direct. , provided, however, that Lender will return shall promptly forward all mail to Borrower mail received by it that does not represent collections of Receivables or matters relating which is unrelated to Collateral after Lender has examined samethe Collateral.
Appears in 1 contract
Sources: Loan and Security Agreement (Programmers Paradise Inc)
Mails. From and after an Event of Default, Lender is authorized to (and Borrower shall, upon request of Lender) notify the postal authorities to deliver all mail, correspondence or parcels addressed to Borrower and relating to the Collateral to Lender at such address as Lender may direct. Lender will return to Borrower mail received by it that does not represent collections of Receivables or matters relating to Collateral after Lender has examined same.
Appears in 1 contract