Assignments and Participation. Lender may sell, assign, transfer, negotiate or grant participation to any other party in all or part of the obligations of Borrower outstanding under the Loan Documents without Borrower's prior written consent. Lender may, in connection with any actual or proposed assignment or participation, disclose to the actual or proposed assignee or participant, any information relating to Borrower. Lender intends to borrow the funds necessary to make Loans to Borrower under this Loan Agreement and may assign this Agreement and the Note as security for such borrowing.
Appears in 2 contracts
Samples: Loan Agreement (Lynch Corp), Loan Agreement (East West Communications Inc)
Assignments and Participation. Lender may sell, assign, transfer, negotiate or grant participation to any other party in all or part of the obligations of Borrower outstanding under the Loan Documents without Borrower's prior written consent. Lender may, in connection with any actual or proposed assignment or participation, disclose to the actual or proposed assignee or participant, any information relating to Borrower. Lender intends to may borrow the funds necessary to make Loans to Borrower under this Loan Agreement and may assign this Agreement and the Note as security for such borrowing.
Appears in 1 contract
Assignments and Participation. Lender may sell, assign, transfer, negotiate or grant participation to any other party in all or part of the obligations of Borrower outstanding under the Loan Documents without Borrower's prior written consent. Lender may, in connection with any actual or proposed assignment or participation, disclose to the actual or proposed assignee or participant, any information relating to Borrower. Lender intends to borrow the funds necessary to make Loans to Borrower under this Loan Agreement and may assign this Agreement and the Note as security for such borrowing.
Appears in 1 contract
Samples: Loan Agreement (Lynch Corp)