Obligor Notification definition

Obligor Notification. As defined in Section 2.2(c)(i).
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Obligor Notification means a notification by or on behalf of the Agent to an Obligor of any Purchased Receivable or any other Person, of the purchase by the Company of such Receivable and Related Assets, in substantially the form set out in Exhibit 4 (Form of Obligor Notification).
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Obligor Notification means a notification in the form of Exhibit XII attached hereto.
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Examples of Obligor Notification in a sentence

  • The Back-up Servicer will consult with the Servicer concerning the form of any such Obligor Notification.

  • If the Servicer has failed to send any Obligor Notification within thirty (30) days after the date of delivery of the applicable Servicing Transfer Notice, the Back-up Servicer shall send such a notice to each such Loan Obligor on the Servicer’s stationery (if such stationery is reasonably available) within forty-five (45) days after the date of delivery of the Servicing Transfer Notice.

  • AGCO Germany shall not amend, supplement or otherwise modify or cancel or revoke any payment instructions to any Obligor or any Obligor Notification given in accordance with the Transaction Documents and shall not instruct any Obligor to make payments in respect of Purchased Receivables to any account other than the AGCO Germany Account or such other account referred to in an Obligor Notification.

  • Neither the Collection Agent nor the Originator will (i) make any changes to Schedule I hereto or (ii) amend any instruction to any Obligor (other than to provide a Notice to Insurers, in form and substance acceptable to the Agent, to all Obligors who are not Governmental Entities on or before the Obligor Notification Date) or any Deposit Account Bank with respect to any Deposit Account without the prior written consent of the Agent.

  • On or after the Obligor Notification Date, the Agent may deliver the Notice to Insurers to be delivered to the Agent pursuant to Section 5.01(t) hereof.

  • With respect to Diamond Timeshare Loans, (A) (i) prior to thePrior to the related Account Restructuring Obligor Notification Date, the HRC Lockbox in the case of the HRC Timeshare Loans, the HRC Lockbox and the Diamond Lockbox in the case of the Diamond Timeshare Loans, and the Bluegreen Lockbox in the case of the Bluegreen Timeshare Loans, in each case as set forth on Exhibit E, are the only account addresses to which the related Obligors are directed to make payments, (ii) on and after the .

  • The Master Servicer shall not, at any time following the delivery of any Obligor Notification to an Obligor, amend, supplement or otherwise modify or cancel or revoke any Obligor Notification or other payment instructions to any Obligor given in accordance with this Agreement and shall not instruct any Obligor to make payments in respect of Purchased Receivables to any account other than the account referred to in such Obligor Notification.

  • After the Obligor Notification Date, the Collection Agent shall cause Collections from Persons other than Governmental Entities to be deposited directly into the Purchaser Deposit Account on each Business Day.

  • The Company shall not amend, supplement or otherwise modify or cancel or revoke any payment instructions to any Obligor or any Obligor Notification given in accordance with the Transaction Documents and shall not instruct any Obligor to make payments in respect of Purchased Receivables to any account other than the AGCO Accounts or such other account referred to in an Obligor Notification.

  • If the Servicer has failed to send any Obligor Notification within thirty (30) days after the date of delivery of the applicable Servicing Transfer Notice, the Back-up Servicer shall send such a notice to each such Loan Obligor on the Servicer’s stationery (if such stationery is reasonably available) within forty- five (45) days after the date of delivery of the Servicing Transfer Notice.