Assignment of Secured Party's Rights. Secured Party may from time to time assign this Agreement, Secured Party's rights hereunder, or all or any part of the Indebtedness. In any such case, the assignee will be entitled to all rights, privileges, and remedies granted to Secured Party by this Agreement, and Debtor will not assert against the assignee any claim or defense it may have against Secured Party, except those granted in this Agreement.
Appears in 2 contracts
Samples: Security Agreement (Tor Minerals International Inc), Security Agreement (Tor Minerals International Inc)
Assignment of Secured Party's Rights. The Secured Party may from time to time assign this Agreement, the Secured Party's ’s rights hereunder, or all or any part of the Indebtedness. In any such case, the assignee will be entitled to all rights, privileges, privileges and remedies granted to the Secured Party by this Agreement, and the Debtor will not assert against the assignee any claim or defense it may have against the Secured Party, except those granted in this AgreementAgreement or in the Note.
Appears in 1 contract
Samples: Security Agreement (IdentiPHI, Inc.)
Assignment of Secured Party's Rights. The Secured Party may from time to time assign this Agreement, the Secured Party's rights hereunder, or all or any part of the Indebtedness. In any such case, the assignee will be entitled to all rights, privileges, and remedies granted to the Secured Party by this Agreement, and the Debtor will not assert against the assignee any claim or defense it may have against the Secured Party, except those granted in this Agreement.
Appears in 1 contract
Samples: Loan Agreement (Lancer Corp /Tx/)
