Common use of Assignment by Secured Party Clause in Contracts

Assignment by Secured Party. To the extent permitted in the Loan Agreement, Secured Party may grant a participation interest in or assign or transfer to another person any instrument, document or agreement evidencing any of the Obligations and Secured Party's rights under this Agreement, and may deliver all the property which is part of the Collateral and in its possession to the participant, assignee or transferee or to any person acting as agent for Secured Party.

Appears in 4 contracts

Samples: Security Agreement (Talx Corp), Security Agreement (Talx Corp), Security Agreement (Talx Corp)

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Assignment by Secured Party. To the extent permitted in the Loan Agreement, Secured Party may grant a participation interest in or assign or transfer to another person any instrument, document or agreement evidencing any of the Obligations and Secured Party's ’s rights under this Agreement, and may deliver all the property which is part of the Collateral and in its possession to the participant, assignee or transferee or to any person acting as agent for Secured Party.

Appears in 1 contract

Samples: Security Agreement (Talx Corp)

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