Change in Payment Instructions Clause Samples

Change in Payment Instructions. None of the Loan Parties will terminate any Lockbox or any Lockbox Account, or make any change or replacement in the instructions contained in any invoice, Notice to Obligors or otherwise, or regarding payments with respect to Receivables to be made to the Lockboxes or the Lockbox Accounts except upon the prior and express written consent of the Collateral Manager.

Change in Payment Instructions. The Borrower will not terminate the Lockboxes or the Lockbox Accounts, or make any change or replacement in the instructions contained in any invoice, notice to an Obligor or otherwise, or regarding payments with respect to the Receivables to be made to the Borrower, the Lender or the Master Servicer, except upon the prior and express direction of the Program Manager or the Lender.

Change in Payment Instructions. The Transferor will not make any change in its instructions to Obligors or the European Purchaser regarding payments to be made in respect of the Transferred Assets.

Change in Payment Instructions. The Manager will not make any change in its instructions to (i) if the Borrower is the lender of record of the Loan Assets, payors on the Loan Assets or (ii) otherwise, the selling institutions of participation interests in the Loan Assets regarding payments to be made with respect to the Collateral to the Collection Account, unless the Administrative Agent has consented to such change (such consent not to be unreasonably withheld, delayed or conditioned).

Change in Payment Instructions. No Borrower shall terminate or suffer or permit the termination of any of the Lockboxes or the Lockbox Accounts or make any change or replacement (1) in the instructions contained in any Notice or otherwise (2) regarding payments with respect to Receivables to be made to the Lockboxes or the Lockbox Accounts (3) in the Standing Revocable Instruction referred to in the Depositary Agreements or otherwise or (4) regarding payments to be made to the Agent except upon the prior and express written direction of the Agent.

Change in Payment Instructions. The Borrower will not terminate the Primary Provider Account, the Borrower Lockbox Account, any Government Lockbox Account or any Government Lockbox or make any change or replacement in the instructions contained in any invoice, Notice or otherwise, or regarding payments with respect to the Receivables to be made to the Borrower, the Lenders or the Master Servicer, except upon the prior and express direction of the Program Manager.

Change in Payment Instructions. Instruct Restaurants or Credit Card Companies to make any payments with respect to Purchased Assets other than as described in Article VI of the Purchase and Servicing Agreement or the Security Agreement.

Change in Payment Instructions. No Loan Party shall terminate, or suffer or permit the termination of, any of the Lockboxes or the Lockbox Accounts, or make any change or replacement (1) in the instructions contained in any Notice or otherwise, (2) regarding payments with respect to Receivables to be made to the Lockboxes, the Lockbox Accounts or the other deposit accounts set forth on Schedule III and subject to Control Agreements, (3) in the Standing Revocable Instruction referred to in the Depositary Agreements or otherwise, or (4) regarding payments to be made to the Lender, except upon the prior and express written direction of the Lender.

Change in Payment Instructions. Should Contractor wish to change any bank or other financial institution to which payment is to be made, at least thirty (30) Days prior written notice shall be given to Company of the new bank or financial institution and account details where such payment is to be made.