Common use of Assignment by Secured Party Clause in Contracts

Assignment by Secured Party. The Secured Party may assign its rights hereunder by sending prior written notice of such assignment to the Obligor and the Financial Institution.

Appears in 3 contracts

Samples: Letter of Credit Reimbursement and Collateral Agreement (Dynegy Inc.), Letter of Credit Reimbursement and Collateral Agreement (Dynegy Inc.), Letter of Credit Reimbursement and Collateral Agreement (Dynegy Inc.)

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Assignment by Secured Party. The Secured Party may assign its rights hereunder only with the express written consent of the Financial Institution and by sending prior written notice of such assignment to the Obligor and the Financial InstitutionGrantor.

Appears in 2 contracts

Samples: Control Agreement (155 East Tropicana, LLC), Control Agreement (155 East Tropicana, LLC)

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Assignment by Secured Party. The Secured Party may assign its rights hereunder only with the express written consent of the Financial institution and by sending prior written notice of such assignment to the Obligor and the Financial InstitutionGrantor.

Appears in 2 contracts

Samples: Security Agreement (Oppenheimer Holdings Inc), Pledge and Security Agreement (Oppenheimer Holdings Inc)

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