Common use of Protection of Ownership Interests of the Purchasers Clause in Contracts

Protection of Ownership Interests of the Purchasers. (a) Each Seller Party agrees that from time to time, at Seller’s expense, it will promptly execute and deliver all instruments and documents, and take all actions, that may be necessary or desirable, or that the Administrative Agent or any Managing Agent may request, to perfect, protect or more fully evidence the Purchaser Interest, or to enable the Administrative Agent, the Managing Agents or the Purchasers to exercise and enforce their rights and remedies hereunder. At any time after the occurrence of the Amortization Date, the Administrative Agent shall, at the written direction of the Required Managing Agents, direct Seller or Servicer to, notify the Obligors of Receivables, at Seller’s expense, of the ownership or security interests of the Purchasers under this Agreement and may also direct that payments of all amounts due or that become due under any or all Receivables be made directly to the Administrative Agent or its designee. Seller or Servicer (as applicable) shall, at any Purchaser’s request, withhold the identity of such Purchaser in any such notification.

Protection of Ownership Interests of the Purchasers. (a) Each The Seller Party agrees that from time to time, at Seller’s its expense, it will promptly execute and deliver all instruments and documents, and take all actions, that may be necessary or desirable, or that the Administrative Agent or any Managing Agent may request, to perfect, protect or more fully evidence the Purchaser InterestInterests, or to enable the Administrative Agent, the Managing Agents or the Purchasers to exercise and enforce their rights and remedies hereunder. At any time after the occurrence and during the continuation of the an Amortization DateEvent, the Administrative Agent shallmay, at or the written direction of Administrative Agent may direct the Required Managing Agents, direct Seller or the Servicer to, notify the Obligors of Receivables, at the Seller’s expense, of the ownership or security interests of the Purchasers under this Agreement and may also direct that payments of all amounts due or that become due under any or all Receivables be made directly to the Administrative Agent or its designee. The Seller or the Servicer (as applicable) shall, at any Purchaser’s request, withhold the identity of such Purchaser in any such notification.

Protection of Ownership Interests of the Purchasers. (a) Each The Seller Party agrees that from time to time, at Seller’s its expense, it will promptly execute and deliver all instruments and documents, and take all actions, that may be necessary or desirable, or that the Administrative Agent or any Managing Agent may reasonably request, to perfect, protect or more fully evidence the sale and assignment of the Purchaser InterestInterests, or to enable the Administrative Agent, the Managing Agents or the Purchasers to exercise and enforce their rights and remedies hereunder. At any time after the occurrence of the an Amortization DateEvent, the Administrative Agent shallmay, at or the written direction of Administrative Agent may direct the Required Managing Agents, direct Seller or the Servicer to, notify the Obligors of ReceivablesReceivables Assets, at the Seller’s expense, of the ownership or security interests of the Purchasers under this Agreement and may also direct that payments of all amounts due or that become due under any or all Receivables Assets be made directly to the Administrative Agent or its designee. The Seller or the Servicer (as applicable) shall, at any Purchaser’s request, withhold the identity of such Purchaser in any such notification.

Protection of Ownership Interests of the Purchasers. (a) Each Seller Party agrees that from time to time, at Seller’s its expense, it will, or will cause the Servicer to, promptly execute and deliver all instruments and documents, and take all actions, that may be necessary or desirable, or that the Administrative Agent or any Managing Agent may reasonably request, to perfect, protect or more fully evidence the Purchaser InterestInterests, or to enable the Administrative Agent, the Managing Agents or the Purchasers to exercise and enforce their rights and remedies hereunder. At any time after the occurrence of the an Amortization DateEvent, the Administrative Agent shallmay, at or the written direction of the Required Managing Agents, Agent may direct Seller or the Servicer to, notify the Obligors of Receivables, at Seller’s expense, of the ownership or security interests of the Purchasers under this Agreement and may also direct that payments of all amounts due or that become due under any or all Receivables be made directly to the Administrative Agent or its designee. Seller or the Servicer (as applicable) shall, at any Purchaser’s request, withhold the identity of such Purchaser in any such notification.

Protection of Ownership Interests of the Purchasers. (a) Each Seller Party agrees that from time to time, at Seller’s its expense, it will promptly execute and deliver all instruments and documents, and take all actions, that may be necessary or desirable, or that the Administrative Agent or any Managing Agent may request, to perfect, protect or more fully evidence the Purchaser InterestInterests, or to enable the Administrative Agent, the Managing Agents Agent or the Purchasers to exercise and enforce their rights and remedies hereunder. At any time after the occurrence of the an Amortization DateEvent, the Administrative Agent shall, may (or at the written direction of the Required Managing Agents, shall), or the Agent may (or at the direction of the Managing Agents, shall) direct Seller or the Servicer to, notify the Obligors of Receivables, at Seller’s expense, of the ownership or security interests of the Purchasers under this Agreement and may (or at the direction of the Managing Agents, shall) also direct that payments of all amounts due or that become due under any or all Receivables be made directly to the Administrative Agent or its designee. Seller or the Servicer (as applicable) shall, at any Purchaser’s request, withhold the identity of such Purchaser in any such notification.

Protection of Ownership Interests of the Purchasers. (a) Each The Seller Party agrees that from time to time, at Seller’s its expense, it will promptly execute and deliver all instruments and documents, and take all actions, that may be necessary or desirable, or that the Administrative Agent or any Managing Agent may reasonably request, to perfect, protect or more fully evidence the Purchaser InterestReceivable Interests, or to enable the Administrative Agent, the Managing Agents or on behalf of the Purchasers and the LC Issuer, to exercise and enforce their its rights and remedies hereunder. At any time after the occurrence of the Amortization DateThe Administrative Agent may, or the Administrative Agent shall, at may direct the written direction of the Required Managing Agents, direct Seller or Servicer to, notify the Obligors of Receivables, at any time following the replacement of the Seller as Servicer and at the Seller’s expense, of the ownership or and security interests of the Administrative Agent, on behalf of the Purchasers and the LC Issuer, under this Agreement and may also direct that payments of all amounts due or that become due under any or all Receivables be made directly to the Administrative Agent or its designee. The Seller or Servicer (as applicable) shall, at any Purchaser’s or the LC Issuer’s written request, withhold the identity of such Purchaser or the LC Issuer in any such notification.

Protection of Ownership Interests of the Purchasers. (a) Each Seller Party agrees that from time to time, at Seller’s its expense, it will promptly execute and deliver all instruments and documents, and take all actions, that may be necessary or desirable, or that the Administrative any Agent or any Managing Agent Fifth Third may request, to perfect, protect or more fully evidence the Purchaser InterestInterests, or to enable the Administrative Agent, the Managing Agents or the Purchasers to exercise and enforce their rights and remedies hereunder. At any time after the occurrence of an Amortization Event and during the Amortization Datecontinuance thereof, the Administrative Agent shallmay, at or the written direction of the Required Managing Agents, Administrative Agent may direct Seller or the Servicer to, notify the Obligors of Receivables, at Seller’s expense, of the ownership or security interests of the Agents and the Purchasers under this Agreement and may also direct that payments of all amounts due or that become due under any or all Receivables be made directly to the Administrative Agent or its designeedesignee(s). Seller or the Servicer (as applicable) shallwill, at any Purchaser’s request, withhold the identity of such Purchaser in any such notification.