Common use of Assignment by the Secured Party Clause in Contracts

Assignment by the Secured Party. The Secured Party may from time to time assign the Obligations to a successor Secured Party appointed in accordance with the Credit Agreement, and 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)

AutoNDA by SimpleDocs

Assignment by the Secured Party. The Secured Party may from time to time assign the Secured Obligations to a successor Secured Party appointed in accordance with and any portion thereof and/or, upon and following an Event of Default, the Credit AgreementCollateral and any portion thereof, and such successor 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 in connection with an assignment to a successor Secured Party appointed in accordance with the Credit Agreement, and 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 Obligations or any portion thereof and/or the Collateral or any portion thereof to a successor Secured Party appointed in accordance with the Credit Agreementlender or holder, and such successor 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 the Credit Party Obligations or any portion thereof and/or the Collateral or any portion thereof to a successor Secured Party appointed in accordance with the Credit terms of the Loan Agreement, and such successor 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 time, assign the Secured Obligations to a successor Secured Party appointed in accordance with the Credit Agreementor any portion thereof, and such successor 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 to a successor Secured Party appointed in accordance with the Credit Agreement, and 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.)

AutoNDA by SimpleDocs

Assignment by the Secured Party. The Secured Party may from time to at ------------------------------- any time assign or otherwise transfer all or any portion of its rights and obligations under this Agreement and the Obligations other Transaction Agreements, in connection with an assignment of the Obligations, to a successor Secured Party appointed in accordance with the Credit Agreementany other Person, and such successor Person shall be entitled thereupon become vested with all the benefits thereof granted to all of the rights and remedies of the Secured Party under this Agreement in relation theretoherein or otherwise.

Appears in 1 contract

Samples: Security Agreement (Prosofttraining Com)

Assignment by the Secured Party. The Secured Party may from time to time assign any or all of its rights with respect to the Obligations to a successor Secured Party appointed Loan in accordance with the Credit Loan Agreement, and such successor 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.

Appears in 1 contract

Samples: Loan Agreement (Paratek Pharmaceuticals, Inc.)

Assignment by the Secured Party. The Secured Party may from time to at any time assign or otherwise transfer all or any portion of its rights and obligations under this Agreement and the Obligations other Transaction Documents, in connection with an assignment of the Obligations, to a successor Secured Party appointed in accordance with the Credit Agreementany other Person, and such successor Person shall be entitled thereupon become vested with all the benefits thereof granted to all of the rights and remedies of the Secured Party under this Agreement in relation theretoherein or otherwise.

Appears in 1 contract

Samples: Security Agreement (ProsoftTraining)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!