Assignments and Participations in Loan and Note. Lender may assign its rights and delegate its obligations under this Agreement or any of the other Loan Documents and further may assign, or sell participations in, all or any part of the Loan, the Loan Documents, or any other interest herein or in the Note to any Person, all without notice to or the consent of Borrower. To the extent of any such assignment, Lender shall be relieved of its obligations with respect to the Loan and the assignee shall have the same rights, benefits and obligations as it would if it were Lender hereunder and a holder of the Note. Lender may furnish any information (including, without limitation, financial information) concerning the Project, Borrower, Principals and any of their assets to third parties from time to time for legitimate business purposes.
Appears in 4 contracts
Samples: Loan and Security Agreement (Peregrine Real Estate Trust), Loan and Security Agreement (Aspect Communications Corp), Loan and Security Agreement (Xm Satellite Radio Holdings Inc)
