Assignment by the Agent. The Agent may from time to time assign the Obligor Obligations and the Pledged Collateral to any successor Agent appointed in accordance with SECTION 10.7 of the Credit Agreement, and the assignee shall be entitled to all of the rights and remedies of the Agent under this Pledge Agreement in relation thereto.
Appears in 2 contracts
Samples: Pledge Agreement (Mg Waldbaum Co), Pledge Agreement (Mg Waldbaum Co)
Assignment by the Agent. The Agent may from time to time assign the Obligor Obligations and the Pledged Collateral and any portion thereof to any successor Agent appointed in accordance with SECTION 10.7 of another Person acting as agent for the Lenders under the Credit Agreement, and the assignee shall be entitled to all of the rights and remedies of the Agent under this Pledge Agreement in relation thereto.
Appears in 1 contract
Assignment by the Agent. The Agent may from time to time assign the Obligor Obligations and the Pledged Collateral and any portion thereof to any a successor Agent appointed in accordance with SECTION 10.7 of the Credit AgreementAgent, and the assignee shall be entitled to all of the rights and remedies of the Agent under this Pledge Agreement in relation thereto.
Appears in 1 contract
Samples: Credit Agreement (Chattem Inc)
