Assignment by the Secured Party. The Secured Party may from time to time assign the Secured Obligations and any portion thereof and/or, upon and following an Event of Default, the Collateral and any portion thereof, and the assignee shall be entitled to all of the rights and remedies of the Secured Party under this Agreement in relation thereto.
Appears in 5 contracts
Samples: Pledge Agreement (Gulf United Energy, Inc.), Pledge Agreement (Gulf United Energy, Inc.), Security Agreement (Gulf United Energy, Inc.)
Assignment by the Secured Party. The Secured Party may from time to time assign the Obligations to a successor Secured Obligations and any portion thereof and/or, upon and following an Event of Default, Party appointed in accordance with the Collateral and any portion thereofCredit Agreement, and the assignee such successor shall be entitled to all of the rights and remedies of the Secured Party under this Agreement in relation thereto.
Appears in 5 contracts
Samples: Security Agreement (Air T Inc), Security Agreement, Security Agreement (Air T Inc)
Assignment by the Secured Party. The Secured Party may from time to time assign the Obligations in connection with an assignment to a successor Secured Obligations and any portion thereof and/or, upon and following an Event of Default, Party in accordance with the Collateral and any portion thereofCredit Agreement, and the assignee such successor shall be entitled to all of the rights and remedies of the Secured Party under this Agreement in relation thereto.
Appears in 2 contracts
Samples: Pledge and Security Agreement, Pledge and Security Agreement (National Healthcare Corp)
Assignment by the Secured Party. The Secured Party may from time to time assign the Secured Credit Party Obligations and or any portion thereof and/or, upon and following an Event of Default, and/or the Collateral and or any portion thereofthereof to a successor Secured Party in accordance with the terms of the Loan Agreement, and the assignee shall be entitled to all of the rights and remedies of the Secured Party under this Security Agreement in relation thereto.
Appears in 2 contracts
Samples: Security Agreement (Premier, Inc.), Security Agreement (Premier, Inc.)
Assignment by the Secured Party. The Secured Party may from time to time assign the Secured Obligations and or any portion thereof and/or, upon and following an Event of Default, and/or the Collateral and or any portion thereofthereof to a successor lender or holder, and the assignee shall be entitled to all of the rights and remedies of the assigning Secured Party under this Security Agreement in relation thereto.
Appears in 2 contracts
Samples: Security Agreement (Elandia, Inc.), Security Agreement (Elandia, Inc.)
Assignment by the Secured Party. The Secured Party may from time to time assign any or all of its rights with respect to the Secured Obligations and any portion thereof and/or, upon and following an Event of Default, Loan in accordance with the Collateral and any portion thereofLoan Agreement, and the such assignee shall be entitled to all of the rights and remedies of the Secured Party under this Security Agreement in relation theretothereto in accordance with the Secured Party’s agreement with such assignee.
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Assignment by the Secured Party. The Secured Party may from time to time time, assign the Secured Obligations and any portion thereof and/or, upon and following an Event of Default, the Collateral and or any portion thereof, and the assignee shall be entitled to all of the rights and remedies of the Secured Party under this Security Agreement in relation thereto.
Appears in 1 contract
Samples: Purchase Money Security Agreement (Tag It Pacific Inc)
Assignment by the Secured Party. The Secured Party may from time to time assign the Secured Obligations and any portion thereof and/or, upon and following an Event of Default, to a successor Secured Party appointed in accordance with the Collateral and any portion thereofCredit Agreement, and the assignee such successor shall be entitled to all of the rights and remedies of the Secured Party under this Agreement in relation thereto.
Appears in 1 contract
Samples: Security and Pledge Agreement (InfrastruX Group, Inc.)
Assignment by the Secured Party. The Secured Party may from time to at ------------------------------- any time assign the Secured Obligations and or otherwise transfer all or any portion thereof and/orof its rights and obligations under this Agreement and the other Transaction Agreements, upon and following in connection with an Event assignment of Defaultthe Obligations, the Collateral and to any portion thereofother Person, and such Person shall thereupon become vested with all the assignee shall be entitled benefits thereof granted to all of the rights and remedies of the Secured Party under this Agreement in relation theretoherein or otherwise.
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