Common use of Notification to Account Debtors Clause in Contracts

Notification to Account Debtors. The Administrative Agent shall have the right, during the existence of a Cash Control Event or an Event of Default, to notify any of the Borrowers' Account Debtors to make payment directly to the Administrative Agent and to collect all amounts due on account of the Collateral.

Notification to Account Debtors. The Administrative Agent shall have the right, during the existence of a Cash Control Event or an Event of Default, to notify any of the BorrowersCredit Parties' Account Debtors account debtors to make payment directly to the Administrative Agent and to collect all amounts due on account of the Collateral.

Notification to Account Debtors. The Administrative Agent shall have the right, during the existence of a Cash Control Event right at any time (whether or not an Event of Default, Default has occurred) to notify any of the Borrowers' Account Debtors to make payment directly to the Administrative Agent and to collect all amounts due on account of the Collateral.

Notification to Account Debtors. The Administrative Agent shall have the right, during the existence of right at any time a Cash Control Suspension Event or an Event of Defaulthas occurred, to notify any of the Borrowers' Account Debtors of each Borrower to make payment directly to the Administrative Agent and to collect all amounts due on account of the Collateral.

Notification to Account Debtors. The Administrative Agent shall have the right, during the existence of a Cash Control Event or an Event of Default, right at any time in its reasonable discretion to notify any of the Borrowers' any Borrower's Account Debtors to make payment directly to the Administrative Collateral Agent and to collect all amounts due on account of the Collateral.