Assignment by Secured Party. Secured Party and each Lender may at any time assign or otherwise transfer all or any portion of their rights and obligations under this Agreement and the other Loan Documents (including, without limitation, the Obligations) to any other Person, to the extent permitted by, and upon the conditions contained in, the Credit Agreement, and such Person shall thereupon become vested with all the benefits thereof granted to Secured Party or the Lenders, as applicable, herein or otherwise.
Appears in 6 contracts
Samples: Pledge and Security Agreement (First Investors Financial Services Group Inc), Pledge and Security Agreement (First Investors Financial Services Group Inc), Pledge and Security Agreement (First Investors Financial Services Group Inc)
Assignment by Secured Party. In accordance with the provisions of the Credit Agreement, any of Secured Party and each Lender the Lenders may at any time assign or otherwise transfer all or any portion of their its rights and obligations under this Agreement and the other Loan Documents (including, without limitation, the Obligations) ), in connection with an assignment of the Obligations, to any other Person, to the extent permitted by, and upon the conditions contained in, the Credit Agreement, and such other Person shall thereupon become vested with all the benefits thereof granted to Secured Party or and the Lenders, as applicablerespectively, herein or otherwise.
Appears in 5 contracts
Samples: Security Agreement (Cais Internet Inc), Pledge and Security Agreement (Net2000 Communications Inc), Pledge Agreement (Savvis Communications Corp)
Assignment by Secured Party. In accordance with the provisions of the Loan Agreement, Secured Party and each Lender may at any time assign or otherwise transfer all or any portion of their its rights and obligations under this Agreement and the other Loan Documents (including, without limitation, the Obligations) ), in connection with an assignment of the Obligations, to any other Person, to the extent permitted by, and upon the conditions contained in, the Credit Agreement, and such other Person shall thereupon become vested with all the benefits thereof granted to Secured Party or the Lenders, as applicable, herein or otherwise.
Appears in 5 contracts
Samples: Pledge and Security Agreement (Karts International Inc), Pledge and Security Agreement (Karts International Inc), Pledge and Security Agreement (Karts International Inc)
Assignment by Secured Party. Secured Party and each Lender may --------------------------- at any time assign or otherwise transfer all or any portion of their rights and obligations under this Agreement and the other Loan Documents (including, without limitation, the Obligations) to any other Person, to the extent permitted by, and upon the conditions contained in, the Credit Agreement, and such Person shall thereupon become vested with all the benefits thereof granted to Secured Party or the Lenders, as applicable, herein or otherwise.
Appears in 1 contract
Samples: Pledge and Security Agreement (Renaissance Worldwide Inc)
Assignment by Secured Party. Secured Party and each Lender --------------------------- may at any time assign or otherwise transfer all or any portion of their rights and obligations under this Agreement and the other Loan Documents (including, without limitation, the Obligations) to any other Person, to the extent permitted by, and upon the conditions contained in, the Credit Agreement, and such Person shall thereupon become vested with all the benefits thereof granted to Secured Party or the Lenders, as applicable, herein or otherwise.
Appears in 1 contract
Samples: Pledge and Security Agreement (Renaissance Worldwide Inc)