Assignment to the Collateral Agent Sample Clauses

Assignment to the Collateral Agent. Effective as of the date hereof, the S&O Agent hereby assigns, without recourse, representation or warranty of any kind, to the Collateral Agent (for the benefit of the Secured Parties) all of the right, title and interest of the S&O Agent in, to and under the Collateral granted to the S&O Agent under the Second Amended and Restated Pledge and Security Agreement. The Collateral Agent hereby accepts such assignment, provided that the Collateral Agent assumes no duties, obligations or liabilities whatsoever in respect of the Second Amended and Restated Pledge and Security Agreement.