ASSIGNMENT BY CREDITOR Sample Clauses

ASSIGNMENT BY CREDITOR. Creditor may, without notice to the Debtor, assign or endorse the Secured Note to a third party. In such event, each and every immediate and successive holder of the Secured Note shall have the right to enforce this Agreement, by legal action or otherwise, for its own benefit as fully as if such holder were herein by name specifically given such rights. Creditor shall have an unimpaired right to enforce this Agreement for its benefit to that portion of the Obligations of Debtor as Creditor has not sold, assigned, transferred or otherwise disposed of.

ASSIGNMENT BY CREDITOR. Creditor may, from time to time, without notice to the undersigned, sell, assign, transfer or otherwise dispose of all or any part of the Obligations and/or the Creditor's security interest in the Collateral therefor. In such event, each and every immediate and successive purchaser, assignee, transferee or holder of all or any part of the Obligations and/or the Collateral shall have the right to enforce this Agreement, by legal action or otherwise, for its own benefit as fully as if such purchaser, assignee, transferee or holder were herein by name specifically given such rights. Creditor shall have an unimpaired right to enforce this Agreement for its benefit to that portion of the Obligations of Debtor as Creditor has not sold, assigned, transferred or otherwise disposed of.

ASSIGNMENT BY CREDITOR. Obligor agrees that Creditor may assign or otherwise transfer this Agreement, or any of other Financing Documents, and may deliver all or any of the Collateral to the transferee(s), who shall thereupon become vested with all the powers and rights in respect thereto given to the Creditor herein or in the Financing Documents transferred, and Creditor shall thereafter be fully discharged from any liability or responsibility with respect thereto, all without prejudice to the retention by Creditor of all rights and powers hereby given with respect to any Financing Documents, instruments, rights or property not so transferred.

ASSIGNMENT BY CREDITOR. This Guaranty is for the benefit of Creditor and its successors and assigns in the event of a permitted assignment of, and under the terms of, the Purchase Agreement, or any part thereof, and the rights and benefits hereunder, to the extent applicable to the Purchase Agreement so assigned, may be transferred with the guaranty of such Obligations hereunder. Creditor shall provide notice or any transfer or assignment of the Purchase Agreement, or any part thereof, to Guarantor; provided, however, that Creditor’s failure to give such notice will not affect the guaranty of Obligations hereunder unless such failure to provide notice precludes Guarantor from performing its obligations under this Guaranty.