Common use of Assignment by the Interim Security Agent Clause in Contracts

Assignment by the Interim Security Agent. The Interim Security Agent may at any time assign or otherwise transfer all or any part of its rights and obligations under this Agreement in accordance with the Interim Documents. Subject to the terms of the Interim Documents, the Interim Security Agent shall be entitled to disclose such information concerning the Grantor and this Agreement as the Interim Security Agent considers appropriate to any actual or proposed direct or indirect successor or to any person to whom information may be required to be disclosed by any applicable law.