Common use of Notification to Account Debtors Clause in Contracts

Notification to Account Debtors. The Administrative Agent shall have the right at any time that an Event of 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 at any time that (whether or not an Event of Default has occurred 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 at any time that an Event of Default has occurred to notify any of the BorrowersLoan Parties' 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 at any time that an Event of Default has occurred to notify any of the Borrowers' Loan Parties’ Account Debtors to make payment directly to the Administrative Agent and to collect all amounts due on account of the Collateral.