Notice to Account Debtors. In addition to, but without limitation of, the rights granted in Article III hereof, Mortgagee may, at any time after a default has occurred that is continuing, notify the account debtors or obligors of any accounts, chattel paper, negotiable instruments or other evidences of indebtedness included in the Collateral to pay Mortgagee directly.
Appears in 4 contracts
Samples: Purchase and Sale Agreement (Delta Petroleum Corp/Co), United States Exploration Inc, United States Exploration Inc
Notice to Account Debtors. In addition to, but without limitation of, the rights granted in Article III hereof, Mortgagee may, at any time after a default has a occurred that is continuing, notify the account debtors or obligors of any accounts, chattel paper, negotiable instruments or other evidences of indebtedness obligations included in the Collateral to pay Mortgagee directly.
Appears in 2 contracts
Samples: ECA Marcellus Trust I, ECA Marcellus Trust I
Notice to Account Debtors. In addition to, but without limitation of, the rights granted in Article III hereof, Mortgagee may, may at any time after a default has occurred that is continuing, notify the account debtors or obligors of any accounts, chattel paper, negotiable instruments or other evidences of indebtedness included in the Collateral to pay Mortgagee directly.
Appears in 2 contracts
Samples: Secured Revolving Credit Agreement (Black Ridge Oil & Gas, Inc.), Secured Revolving Credit Agreement (Black Ridge Oil & Gas, Inc.)
Notice to Account Debtors. In addition to, but without limitation of, the rights granted in Article III IV hereof, Mortgagee may, at any time after a default has a occurred that is continuing, notify the account debtors or obligors of any accounts, chattel paper, negotiable instruments or other evidences of indebtedness obligations included in the Collateral to pay Mortgagee directly.
Appears in 2 contracts
Samples: Term Conveyance (ECA Marcellus Trust I), ECA Marcellus Trust I
Notice to Account Debtors. In addition to, but without limitation of, the rights granted in Article III hereof, Mortgagee may, at any time after a default an Event of Default has occurred that is continuingoccurred, notify the account debtors or obligors of any accounts, chattel paper, negotiable instruments or other evidences of indebtedness included in the Collateral to pay Mortgagee directly.
Appears in 1 contract
Samples: Credit Agreement (Targa Resources Investments Inc.)
Notice to Account Debtors. In addition to, but without limitation of, the rights granted in Article III hereof, Mortgagee may, at any time after a default has occurred that is continuingupon the occurrence and during the continuance of an Event of Default, notify the account debtors or obligors of any accounts, chattel paper, negotiable instruments or other evidences of indebtedness included in the Collateral to pay Mortgagee directly.
Appears in 1 contract
Samples: Loan Agreement
