Common use of Assignment of Holder Rights under Financing Documents Clause in Contracts

Assignment of Holder Rights under Financing Documents. Any Note executed by any Client of Provider for financing to pay for Provider Services under this Agreement may be assigned by the holder of such Note, whether UMC or any other Lender, and the holder of such Note or the assignee of the holder shall have the absolute right to collect all amounts due on the Note from Client and all other rights related thereto.