Common use of Assignability by Lender Clause in Contracts

Assignability by Lender. Lender may, at any time and from time to time, assign, conditionally or otherwise, all of the rights of Lender under the Note and under this Guaranty, whereupon the assignee shall succeed to all rights of Lender hereunder to the extent that such rights may be assigned to it. Lender, or each successor holder of the Note, may give written notice to Guarantor of any such assignment, but any failure to give, or delay in giving, such notice shall not affect the validity or enforceability of any such assignment.

Appears in 4 contracts

Samples: Guaranty (Wsi Industries, Inc.), Guaranty (Wsi Industries, Inc.), Guaranty (Wsi Industries, Inc.)

AutoNDA by SimpleDocs

Assignability by Lender. Lender may, at any time and from time to time, assign, conditionally or otherwise, all of the rights of Lender under the Note and under this Guaranty, whereupon the such assignee shall succeed to all rights of Lender hereunder to the extent that such rights may be assigned to it. Lender, or each successor holder of the Note, may shall give written notice to Guarantor of any such assignment, but any failure to give, or delay in giving, such notice shall not affect the validity or of enforceability of any such assignment.

Appears in 1 contract

Samples: Agreement of Sale (Carlyle Real Estate LTD Partnership Xi)

Assignability by Lender. Lender may, at any time and from time to time, assign, conditionally or otherwise, all of the rights of Lender under the Revolving Note and under this Guaranty, whereupon the assignee shall succeed to all rights of Lender hereunder to the extent that such rights may be assigned to it. Lender, or each successor holder of the Revolving Note, may give written notice to Guarantor of any such assignment, but any failure to give, or delay in giving, such notice shall not affect the validity or enforceability of any such assignment.

Appears in 1 contract

Samples: Guaranty (Summer Energy Holdings Inc)

AutoNDA by SimpleDocs

Assignability by Lender. Each Lender may, at any time and from time to time, assign, conditionally or otherwise, all of the rights of such Lender under the its respective Note and under this Guaranty, whereupon the assignee shall succeed to all rights of such Lender hereunder to the extent that such rights may be assigned to it. Lender, or each successor holder of the Note, may give written notice to Guarantor of any such assignment, but any failure to give, or delay in giving, such notice shall not affect the validity or enforceability of any such assignment.

Appears in 1 contract

Samples: Guaranty (Equitex Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.