Examples of Debtors in a sentence
The Administrative Agent retains the right at all times after the occurrence and during the continuance of a Default or an Event of Default to notify Account Debtors that a Loan Party’s Accounts have been assigned to the Administrative Agent and to collect such Loan Party’s Accounts directly in its own name, or in the name of the Administrative Agent’s agent, and to charge the collection costs and expenses, including reasonable attorneys’ fees, to the Loan Account.
Recipient wishes to inspect the Debtor's facility, property, equipment, inventory and other assets as a potential bidder (the "Inspection").
The Accounts are bona fide, existing obligations of the Account Debtors.
To enable Recipient to conduct the Inspection, the Trustee has agreed to provide access to inspect the Debtor's physical inventory and related records ("Confidential Information") to Recipient upon the terms and conditions set out in this Agreement.
Borrower shall direct Account Debtors to deliver or transmit all proceeds of Accounts into the Designated Deposit Account.