Common use of Rights of the Buyer and the Agent Clause in Contracts

Rights of the Buyer and the Agent. (a) Each of the Buyer and the Agent acting together or alone may notify the Obligors of Seller Receivables, at any time and at the Seller’s expense, of the Buyer’s interest in the Seller Receivables and the ownership of Receivables by the Owners. The Seller hereby Transfers to the Agent the exclusive ownership, dominion and control of any existing or future Lock-Box Accounts to which the Obligors of Pool Receivables shall make payments, and shall take any further action that the Agent may reasonably request to effect such Transfer.

Rights of the Buyer and the Agent. (a( ) Each of the Buyer and the Agent acting together or alone may notify the Obligors of Seller Receivables, at any time and at the Seller’s Seller ‘s expense, of the Buyer’s interest in the Seller Receivables and the ownership of Receivables Receivable Interests by the Owners. The Seller hereby Transfers transfers to the Agent the exclusive ownership, dominion and control of any existing or future the Lock-Box Accounts to which the Obligors of Pool Receivables shall make payments, and shall take any further action that the Agent may reasonably request to effect such Transfertransfer.

Rights of the Buyer and the Agent. (a) Each of the Buyer and the Agent acting together or alone may notify the Obligors of Seller Receivables, at any time and at the Seller’s expense, of the Buyer’s interest in the Seller Receivables and the ownership of Receivables Receivable Interests by the Owners. The Seller hereby Transfers transfers to the Agent the exclusive ownership, dominion and control of any existing or future the Lock-Box Accounts to which the Obligors of Pool Receivables shall make payments, and shall take any further action that the Agent may reasonably request to effect such Transfertransfer.