Common use of Notification of Account Debtors and Other Obligors Clause in Contracts

Notification of Account Debtors and Other Obligors. The Lender may at any time (whether or not a Default Period then exists) notify any account debtor or other person obligated to pay the amount due that such right to

Notification of Account Debtors and Other Obligors. The Lender may at any time (whether or not a Default Period then exists) notify any account debtor of the Borrower or other person Person obligated to pay the an amount due that such right toto payment has been assigned or transferred to the Lender for security and shall be paid directly to the Lender. The Borrower will join in giving such notice if the Lender so requests. At any time after the Borrower or the Lender gives such notice to an account debtor or other obligor, the

Notification of Account Debtors and Other Obligors. The Lender may at any time (whether or not while a Default Period then exists) exists notify any account debtor or other person Person obligated to pay the amount due that such right toto payment has been assigned or transferred to the Lender for security and shall be paid directly to the Lender.