Common use of Assignment by the Bank Clause in Contracts

Assignment by the Bank. The parties hereto agree that all rights of Bank hereunder may be assigned, transferred or otherwise disposed of, either in whole or in part, including without limitation transfer to a trustee pursuant to a trust arrangement under which the trustee issues certificates of participation evidencing undivided interests in this Lease and/or the rights to receive Lease Payments hereunder, provided that notice of any such assignment, transfer or other disposition is given to Lessee.

Appears in 5 contracts

Samples: Lease Purchase Agreement, Capital Lease Agreement, Capital Lease Agreement

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