Common use of Notification of Assignment of Receivables Clause in Contracts

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance of an Event of Default, but subject to the requirements of any Applicable Law prior to the occurrence of an Event of Default requiring notice in order to have a perfected or priority Lien, Agent shall have the right to send notice of the assignment of, and Agent’s security interest in, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, take possession of the Collateral, or both. Agent’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to the relevant Borrowers’ Account and added to the Obligations.

Notification of Assignment of Receivables. At Subject to the Intercreditor Agreement, at any time following the occurrence and during the continuance of an Event of Default, but subject to the requirements of any Applicable Law prior to the occurrence of an Event of Default requiring notice in order to have a perfected or priority Lien, Agent shall have the right to send notice of the assignment of, and Agent’s security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. ThereafterAt any time after the occurrence and during the continuance of an Event of Default, Agent shall have the sole right to collect the Receivables, take possession of the Collateral, or both. Agent’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to the relevant Borrowers’ Account and added to the Obligations.

Notification of Assignment of Receivables. At Agent shall have the right (at any time following the occurrence and during the continuance of an Event of Default, but subject Default or a Default or when Agent in its reasonable discretion deems it to the requirements of any Applicable Law prior be in Lenders' best interest to the occurrence of an Event of Default requiring notice in order to have a perfected or priority Lien, Agent shall have the right do so) to send notice of the assignment of, and Agent’s 's security interest in, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, take possession of the Collateral, or both. Agent’s 's actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to the relevant Borrowers’ ' Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following after the occurrence and during the continuance continuation of an Event of Default, but subject to the requirements or if Agent in its reasonable business judgment believes proceeds of any Applicable Law prior to the occurrence of an Event of Default requiring notice in order to have a perfected Collateral are being impaired or priority Liendiverted, Agent shall have the right to send notice of the assignment of, and Agent’s security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, take possession of the Collateral, or both. Agent’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to the relevant Borrowers’ Account and added to the Obligations.

Notification of Assignment of Receivables. At Subject to the Intercreditor Agreement, at any time following the occurrence and during the continuance of an Event of Default, but subject to the requirements of any Applicable Law prior to the occurrence of an Event of Default requiring notice in order to have a perfected or priority Lien, Agent shall have the right to send notice of the assignment of, and Agent’s security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. ThereafterAt any time after the occurrence and during the continuance of an Event of Default, Agent shall have the sole right to collect the Receivables, take possession of the Collateral, or both. Agent’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to the relevant Borrowers’ Account Issuer and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance of an Event of Default, but subject to the requirements of any Applicable Law prior to the occurrence of an Event of Default requiring notice in order to have a perfected or priority Lien, Agent shall have the right to send notice of the assignment of, and Agent’s security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Agent shall use reasonable efforts to provide notice to Borrowing Agent of the sending of any such notice of assignment, but failure to do so shall not result in any liability to Agent. Thereafter, Agent shall have the sole right to collect the Receivables, take possession of the Collateral, or both. Agent’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to the relevant Borrowers’ Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance of an Event of Default, but subject to the requirements of any Applicable Law prior to the occurrence of an Event of Default requiring notice in order to have a perfected or priority Lien, Agent shall have the right to send notice of the assignment of, and Agent’s security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. ThereafterAt any time after the occurrence and during the continuance of an Event of Default, Agent shall have the sole right to collect the Receivables, take possession of the Collateral, or both. Agent’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to the relevant Borrowers’ Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance of an Event of Default, but subject to the requirements of any Applicable Law prior to the occurrence of an Event of Default requiring notice or when Agent in order its Permitted Discretion deems it in Lenders’ best interest to have a perfected or priority Liendo so, Agent shall have the right to send notice of the assignment of, and Agent’s security interest inin and Lien on, the Receivables to any and all Customers or any third party holding in possession of or otherwise concerned with other rights in any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, take possession of the Collateral, or both. Agent’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to the relevant Borrowers’ Account and added to the Obligations.

Notification of Assignment of Receivables. At any time ----------------------------------------- following the occurrence and during the continuance of an Event of Default, but subject to the requirements of any Applicable Law prior to the occurrence continuation of an Event of Default requiring notice in order to have or a perfected or priority LienDefault, Agent shall have the right to send notice of the assignment of, and Agent’s 's security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, so long as the Event of Default or Default is continuing, Agent shall have the sole right to collect the Receivables, take possession of the Collateral, or both. Agent’s 's actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to the relevant Borrowers’ ' Account and added to the Obligations.

Notification of Assignment of Receivables. At any time following upon the occurrence and during the continuance continuation of an Event of Default, but subject to the requirements of any Applicable Law prior to the occurrence of an Event of Default requiring notice in order to have a perfected or priority Lien, Agent shall have the right to send notice of the assignment of, and Agent’s security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, subject to any applicable order of the Bankruptcy Court, Agent shall have the sole right to collect the Receivables, take possession of the Collateral, or both. Upon the occurrence and during the continuance of an Event of Default, Agent’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to the relevant BorrowersCredit Parties’ Account account and added to the Obligations.

Notification of Assignment of Receivables. At Subject to the Intercreditor Agreement, at any time following the occurrence and during the continuance of an Event of Default, but subject to the requirements of any Applicable Law prior to the occurrence of an Event of Default requiring notice in order to have a perfected or priority Lien, Agent shall have the right to send notice of the assignment of, and Agent’s security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. ThereafterAt any time after the occurrence and during the continuance of an Event of Default, Agent shall have the sole right to collect the Receivables, take possession of the Collateral, or both. Agent’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to the relevant Borrowers’ Account Issuer and added to the Obligations.. 60358086_160358086_13

Notification of Assignment of Receivables. At any time following the occurrence and during the continuance of an Event of Default, but subject to the requirements of any Applicable Law prior to the occurrence of an Event of Default requiring notice or when Agent in order its Permitted Discretion deems it in Lenders’ best interest to have a perfected or priority Liendo so, Agent shall have the right to send notice of the assignment of, and Agent’s security interest inin and Lien on, the Receivables to any and all Customers or any third party holding in possession of or otherwise concerned with other rights in any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, take possession of the Collateral, or both. Agent’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to the relevant Borrowers’ Borrower’s Account and added to the Obligations.

Notification of Assignment of Receivables. At Subject to the Intercreditor Agreements, at any time following upon the occurrence and during the continuance continuation of an Event of Default, but subject to the requirements of any Applicable Law prior to the occurrence of an Event of Default requiring notice in order to have a perfected or priority Lien, Agent shall have the right to send notice of the assignment of, and Agent’s security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, take possession of the Collateral, or both. Upon the occurrence and during the continuance of an Event of Default, Agent’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to the relevant Borrowers’ Account and added to the Obligations.

Notification of Assignment of Receivables. At Subject to the ABL/Term Intercreditor Agreement, at any time following upon the occurrence and during the continuance continuation of an Event of Default, but subject to the requirements of any Applicable Law prior to the occurrence of an Event of Default requiring notice in order to have a perfected or priority Lien, Agent shall have the right to send notice of the assignment of, and Agent’s security interest inin and Lien on, the Receivables to any and all Customers or any third party holding or otherwise concerned with any of the Collateral. Thereafter, Agent shall have the sole right to collect the Receivables, take possession of the Collateral, or both. Upon the occurrence and during the continuance of an Event of Default, Agent’s actual collection expenses, including, but not limited to, stationery and postage, telephone and telegraph, secretarial and clerical expenses and the salaries of any collection personnel used for collection, may be charged to the relevant Borrowers’ Account and added to the Obligations.