Notice to Account Debtors. The Borrower agrees, at the request of the Bank, to notify all or any of the Debtors in writing of the Bank's security interest in the Collateral in whatever manner the Bank requests and, hereby authorizes the Bank to notify all or any of the Debtors of the Bank's security interest in the Borrower's accounts at the Borrower's expense.
Appears in 6 contracts
Samples: Loan and Security Agreement (Diversified Restaurant Holdings, Inc.), Loan and Security Agreement (Diversified Restaurant Holdings, Inc.), Loan and Security Agreement (Diversified Restaurant Holdings, Inc.)
Notice to Account Debtors. The Borrower agrees, at the request of the Bank, to notify all or any of the Debtors in writing of the Bank's ’s security interest in the Collateral in whatever manner the Bank requests and, hereby authorizes the Bank to notify all or any of the Debtors of the Bank's ’s security interest in the Borrower's ’s accounts at the Borrower's ’s expense.
Appears in 4 contracts
Samples: Security Agreement (Document Security Systems Inc), Loan and Security Agreement (Wireless Xcessories Group Inc), Loan and Security Agreement (Sidoti & Company, Inc.)
Notice to Account Debtors. The Borrower agrees, at the request of the Bank, to notify all or any of the Debtors in writing of the Bank's ’s security interest in the Collateral in whatever manner the Bank requests and, hereby authorizes the Bank to notify all or any of the Debtors of the Bank's ’s security interest in the Borrower's accounts at the Borrower's expense.
Appears in 4 contracts
Samples: Security Agreement (Sono Tek Corp), Loan and Security Agreement (Chembio Diagnostics, Inc.), Security Agreement (SilverSun Technologies, Inc.)
Notice to Account Debtors. The Borrower (i) agrees, at the request of the Bank, to notify in such manner as the Bank requests any or all or any of the Account Debtors in writing of the Bank's ’s security interest in the Collateral in whatever manner the Bank requests and, and (ii) hereby authorizes the Bank to notify any or all or any of the Account Debtors of the Bank's ’s security interest in the Borrower's accounts Collateral, such notification to be given at the expense of Borrower's expense.
Appears in 1 contract
Samples: Loan and Security Agreement (Coffee Holding Co Inc)
Notice to Account Debtors. The Borrower agrees, at the request of the Bank, to notify all or any of the Debtors in writing of the Bank's security interest in the Collateral in whatever manner the Bank requests and, hereby authorizes the Bank to notify all or any of the Debtors of the Bank's security interest in the Borrower's accounts at the Borrower's expenseexpense upon demand for payment plus 5 days.
Appears in 1 contract
Samples: Loan and Security Agreement (Chembio Diagnostics, Inc.)
