Assignment; Participations. Borrower shall not assign its rights or obligations hereunder without Lender's consent. Lender may assign or sell participations in all or any portion of its interest in the Loan or under the Loan Documents to any Person. Lender may disclose to any actual or potential assignee or participant any information that Borrower has delivered to Lender in connection with the Loan Documents; and Borrower shall cooperate fully with Lender in providing that information. If Lender assigns or sells a participation in the Loan or the Loan Documents, the purchaser will have the right of set-off against Borrower.
Appears in 2 contracts
Samples: Credit Agreement (Owens Realty Mortgage, Inc.), Credit Agreement (Qad Inc)
Assignment; Participations. Borrower shall not assign its rights or obligations hereunder without Lender's consent. Lender may assign or sell participations in all or any portion of its interest in the Loan Loans or under the Loan Documents to any Person. Lender may disclose to any actual or potential assignee or participant any information that Borrower has delivered to Lender in connection with the Loan Documents; and Borrower shall cooperate fully with Lender in providing that information. If Lender assigns or sells a participation in the Loan Loans or the Loan Documents, the purchaser will have the right of set-off against Borrower.
Appears in 1 contract
Samples: Credit Agreement (Qad Inc)
Assignment; Participations. Borrower shall not assign its rights or obligations hereunder without Lender's consent. Lender may assign or sell participations in all or any portion of its interest in the Loan Loans or under the Loan Documents to any Person. Lender may disclose to any actual or potential assignee or participant any information or documents that Borrower has delivered to Lender in connection with the Loan Documents; and Borrower shall cooperate fully with Lender in providing that informationsuch information and documents. If Lender assigns or sells a participation in the Loan Loans or the Loan Documents, the purchaser will have the right of set-off against Borrower.
Appears in 1 contract
Samples: Credit Agreement (Alico Inc)