Notice to Account Debtors. In addition to the rights granted elsewhere in this Mortgage, following a Default, Mortgagee may at any time notify the account debtors or obligors of any accounts, chattel paper, general intangibles, negotiable instruments or other evidences of indebtedness included in the Collateral to pay Mortgagee directly.
Appears in 11 contracts
Samples: Security Agreement (Cellteck Inc.), Loan Agreement and Secured Promissory Note (Cellteck Inc.), Assignment, Security Agreement and Fixture Filing (Cellteck Inc.)
Notice to Account Debtors. In addition to the rights granted elsewhere in this Mortgage, following a Default, Mortgagee may at any time notify the account debtors or obligors of any accounts, chattel paper, general intangibles, negotiable instruments or other evidences of indebtedness included in the Collateral to pay Mortgagee directly.
Appears in 4 contracts
Samples: Rents and Security Agreement (Acadia Realty Trust), Loan Agreement (Acadia Realty Trust), Credit Agreement (Amylin Pharmaceuticals Inc)
Notice to Account Debtors. In addition to the rights ------------------------- granted elsewhere in this Mortgage, following a Default, Mortgagee may at any time notify the account debtors or obligors of any accounts, chattel paper, general intangibles, negotiable instruments or other evidences of indebtedness included in the Collateral to pay Mortgagee directly.
Appears in 1 contract
Samples: Security Agreement (Wells Real Estate Investment Trust Inc)
Notice to Account Debtors. In addition to the rights granted ------------------------- elsewhere in this Mortgage, following a Default, Mortgagee may at any time notify the account debtors or obligors of any accounts, chattel paper, general intangibles, negotiable instruments or other evidences of indebtedness included in the Collateral to pay Mortgagee directly.
Appears in 1 contract
Samples: Assignment and Security Agreement (Wells Real Estate Investment Trust Inc)
Notice to Account Debtors. In addition to the rights granted elsewhere in this Mortgage, following a Default, Mortgagee may at any time notify the account debtors or obligors of any accounts, chattel paper, general intangibles, negotiable instruments or other evidences of indebtedness included in the Collateral to pay Mortgagee directly.
Appears in 1 contract
Samples: Green Plains Renewable Energy, Inc.