Common use of Assignment by the Agent Clause in Contracts

Assignment by the Agent. The Agent may at any time assign or otherwise transfer all or any portion of its rights and obligations as Agent under this Agreement and the other Loan Documents (including, without limitation, the Indebtedness) 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 and obligations thereof granted to the Agent herein or otherwise.

Appears in 25 contracts

Samples: Security Agreement (Rent the Runway, Inc.), Credit Agreement (Accolade, Inc.), Credit Agreement (Accolade, Inc.)

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Assignment by the Agent. The Agent and each Creditor may at any time assign or otherwise transfer all or any portion of its their rights and obligations as Agent under this Agreement and the other Loan Transaction Documents (including, without limitation, the IndebtednessObligations) to any other Person, to the extent permitted by, and upon the conditions contained in, the Credit Agreement Transaction Documents, and such Person shall thereupon become vested with all the benefits and obligations thereof granted to the Agent and the Creditors, respectively, herein or otherwise.

Appears in 5 contracts

Samples: Credit Agreement (Trinity Industries Inc), Credit Agreement (Trinity Industries Inc), Credit Agreement (Trinity Marine Products, Inc.)

Assignment by the Agent. The Agent may at any time anytime assign or otherwise transfer all or any portion of its their rights and obligations as Agent under this Agreement and the other Loan Documents (including, without limitation, the IndebtednessObligations) to any other Person, to the extent permitted by, and upon the conditions contained in, the Credit Agreement Agreement, and such Person shall thereupon become vested with all the benefits and obligations thereof granted to the Agent Agent, herein or otherwise.

Appears in 3 contracts

Samples: Security Agreement (Nelnet Inc), Security Agreement (Nelnet Inc), Security Agreement (Nelnet Inc)

Assignment by the Agent. The Agent may at any time assign or otherwise transfer all or any portion of its rights and obligations as the Agent under this Agreement and the other Loan Documents (including, without limitation, the Indebtedness) 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 and obligations thereof granted to the Agent herein or otherwise.

Appears in 2 contracts

Samples: Security Agreement (Sterling Construction Co Inc), Joinder Agreement (Sterling Construction Co Inc)

Assignment by the Agent. The Agent may at any time assign or otherwise transfer all or any portion of its rights and obligations as Agent under this Agreement and the other Loan Documents (including, without limitation, the IndebtednessObligations) to any other Person, to the extent permitted by, and upon the conditions contained in, the Credit Agreement and the other Loan Documents, as applicable, and such Person shall thereupon become vested with all the benefits and obligations thereof granted to the Agent herein or otherwise.

Appears in 1 contract

Samples: Security Agreement (Credit Acceptance Corporation)

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Assignment by the Agent. The Agent may at any time assign or otherwise transfer all or any portion of its their rights and obligations as Agent under this Agreement and the other Loan Documents (including, without limitation, the IndebtednessObligations) to any other Person, to the extent permitted by, and upon the conditions contained in, the Credit Agreement Agreement, and such Person shall thereupon become vested with all the benefits and obligations thereof granted to the Agent Agent, herein or otherwise.

Appears in 1 contract

Samples: Security Agreement (Nelnet Inc)

Assignment by the Agent. The Agent may at any time assign or otherwise transfer all or any portion of its their rights and obligations as Agent under this Agreement and the other Loan Documents (including, without limitation, the IndebtednessObligations) to any other Person, to the extent permitted by, and upon the conditions contained in, the Credit Agreement Agreement, and such Person shall thereupon become vested with all the benefits and obligations thereof granted to the Agent Agent, herein or otherwise.. Security Agreement

Appears in 1 contract

Samples: Security Agreement (Nelnet Inc)

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