Common use of Assigned Agreements Clause in Contracts

Assigned Agreements. If an Event of Default has occurred and is continuing, Debtors hereby irrevocably authorize and empower Agent, without limiting any other authorizations or empowerments contained in any of the other Loan Documents, to assert, either directly or on behalf of any Debtor, any claims any Debtor may have, from time to time, against any other party to any of the agreements to which any Debtor is a party or to otherwise exercise any right or remedy of any Debtor under any such agreements (including, without limitation, the right to enforce directly against any party to any such agreement all of any Debtor's rights thereunder, to make all demands and give all notices and to make all requests required or permitted to be made by any Debtor thereunder).

Appears in 1 contract

Samples: Security Agreement (Choice One Communications Inc)

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Assigned Agreements. If a Triggering Event or an Event of Default has occurred and is continuing, Debtors Debtor hereby irrevocably authorize authorizes and empower Agentempowers Secured Party, without limiting any other authorizations or empowerments contained in any of the other Loan Documents, to assert, either directly or on behalf of any Debtor, any claims any Debtor may have, from time to time, against any other party to any of the agreements to which any Debtor is a party or to otherwise exercise any right or remedy of any Debtor under any such agreements (including, without limitation, the right to enforce directly against any party to any such agreement all of any Debtor's rights thereunder, to make all demands and give all notices and to make all requests required or permitted to be made by any Debtor thereunder).

Appears in 1 contract

Samples: Security Agreement (Zix Corp)

Assigned Agreements. If Upon the occurrence and during the continuance of an Event of Default has occurred and is continuingDefault, Debtors Debtor hereby irrevocably authorize authorizes and empower Agentempowers the Investor, without limiting any other authorizations or empowerments contained in any of the other Loan Transaction Documents, to assert, either directly or on behalf of any Debtor, any claims any Debtor may have, from time to time, against any other party to any of the agreements to which any Debtor is a party or to otherwise exercise any right or remedy of any Debtor under any such agreements (including, without limitation, the right to enforce directly against any party to any such agreement all of any Debtor's rights thereunder, to make all demands and give all notices and to make all requests required or permitted to be made by any Debtor thereunder).

Appears in 1 contract

Samples: Acknowledgment and Agreement (Andrea Electronics Corp)

Assigned Agreements. If an Event of Default has occurred and is continuing, Debtors hereby irrevocably authorize and empower AgentSecured Party, without limiting any other authorizations or empowerments contained in any of the other Loan Transaction Documents, to assert, either directly or on behalf of any DebtorDebtors, any claims any Debtor Debtors may have, from time to time, against any other party to any of the agreements to which any Debtor is Debtors are a party or to otherwise exercise any right or remedy of any Debtor Debtors under any such agreements (including, without limitation, the right to enforce directly against any party to any such agreement all of any Debtor's Debtors' rights thereunder, to make all demands and give all notices and to make all requests required or permitted to be made by any Debtor Debtors thereunder).

Appears in 1 contract

Samples: Security Agreement (Cita Biomedical Inc)

Assigned Agreements. If an Event of Default has shall have occurred and is be continuing, Debtors Borrower hereby irrevocably authorize authorizes and empower Agentempowers Lenders, without limiting any other authorizations or empowerments contained in any of the other Loan DocumentsAgreements, to assert, either directly or on behalf of any DebtorBorrower, any claims any Debtor Borrower may have, from time to time, against any other party to any of the agreements to which any Debtor Borrower is a party or to otherwise exercise any right or remedy of any Debtor Borrower under any such agreements (including, including without limitation, the right to enforce directly against any party to any such agreement agreement, all of any DebtorBorrower's rights thereunder, to make all demands and give all notices and to make all requests required or permitted to be made by any Debtor Borrower thereunder).

Appears in 1 contract

Samples: Security Agreement (Valuestar Corp)

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Assigned Agreements. If an Event of Default has occurred and is continuing, Debtors Debtor hereby irrevocably authorize authorizes and empower empowers Agent, without limiting any other authorizations or empowerments contained in any of the other Loan Documents, to assert, either directly or on behalf of any Debtor, any claims any Debtor may have, from time to time, against any other party to any of the agreements to which any Debtor is a party or to otherwise exercise any right or remedy of any Debtor under any such agreements (including, without limitation, the right to enforce directly against any party to any such agreement all of any Debtor's rights thereunder, to make all demands and give all notices and to make all requests required or permitted to be made by any Debtor thereunder).

Appears in 1 contract

Samples: Credit Agreement (Team Communications Group Inc)

Assigned Agreements. If an Event of Default has occurred and is continuing, Debtors Debtor hereby irrevocably authorize authorizes and empower empowers Senior Agent, without limiting any other authorizations or empowerments contained in any of the other Loan Documents, to assert, either directly or on behalf of any Debtor, any claims any Debtor may have, from time to time, against any other party to any of the agreements to which any Debtor is a party or to otherwise exercise any right or remedy of any Debtor under any such agreements (including, without limitation, the right to enforce directly against any party to any such agreement all of any Debtor's ’s rights thereunder, to make all demands and give all notices and to make all requests required or permitted to be made by any Debtor thereunder).

Appears in 1 contract

Samples: Security Agreement (Recoton Corp)

Assigned Agreements. If an Event of Default has occurred and is continuing, Debtors Debtor hereby irrevocably authorize authorizes and empower empowers Collateral Agent, without limiting any other authorizations or empowerments contained in any of the other Loan Documents, to assert, either directly or on behalf of any Debtor, any claims any Debtor may have, from time to time, against any other party to any of the agreements to which any Debtor is a party or to otherwise exercise any right or remedy of any Debtor under any such agreements (including, without limitation, the right to enforce directly against any party to any such agreement all of any Debtor's rights thereunder, to make all demands and give all notices and to make all requests required or permitted to be made by any Debtor thereunder).

Appears in 1 contract

Samples: General Security Agreement (Ultralife Batteries Inc)

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