Notification to Account Debtors. The Agent shall have the right (after the occurrence of a Cash Control Event (as defined in the Revolving Credit Facility)) to notify any of the Loan Parties' Account Debtors to make payment directly to the Agent and to collect all amounts due on account of the Collateral, in each case, subject to the terms of the Intercreditor Agreement.
Appears in 4 contracts
Samples: Financing Agreement (Value City Department Stores Inc /Oh), Senior Loan Agreement (DSW Inc.), Senior Loan Agreement (Retail Ventures Inc)