Common use of Assignment by Collateral Agent Clause in Contracts

Assignment by Collateral Agent. The Collateral Agent may at any time assign all or any of its rights under this Debenture in accordance with the Loan Documents and the Chargor authorises the Collateral Agent to execute on its behalf any document required to effect the necessary assignment of rights.

Appears in 3 contracts

Samples: Aircraft Security Agreement (American Airlines, Inc.), Credit Agreement (American Airlines Inc), Aircraft Security Agreement (American Airlines Inc)

AutoNDA by SimpleDocs

Assignment by Collateral Agent. The Collateral Agent may at any time assign or otherwise transfer all or any part of its rights under this Debenture in accordance with the Loan Credit Documents and the Chargor each Grantor authorises the Collateral Agent to execute on its behalf any document required to effect the necessary assignment transfer of rightsrights and obligations.

Appears in 1 contract

Samples: Pledge and Security Agreement (AbitibiBowater Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!