Common use of Lender’s Right to Assign Clause in Contracts

Lender’s Right to Assign. Lender shall have the right to sell, assign, participate, transfer or dispose of all or any part of its interest in the Loan without the consent or approval of Borrower or Guarantor.

Appears in 2 contracts

Samples: Loan and Security Agreement (American Leisure Holdings, Inc.), Loan and Security Agreement (American Leisure Holdings, Inc.)

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Lender’s Right to Assign. Lender shall have the right to sell, assign, participate, transfer or dispose of all or any part of its interest in the Loan without the consent or approval of Borrower or Guarantor.

Appears in 1 contract

Samples: Loan and Security Agreement (American Leisure Holdings, Inc.)

Lender’s Right to Assign. Lender shall have the right to sell, assign, participate, transfer or dispose of all or any part of its interest in the Loan without the consent or approval of Borrower or GuarantorBorrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Travis Boats & Motors Inc)

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Lender’s Right to Assign. Lender shall have the right to sell, assign, participate, transfer or dispose of all or any part of its interest in the Loan without the consent or approval of Borrower and Guarantor. Notwithstanding the foregoing, Lender shall not sell, assign, transfer or Guarantordispose of all or any part of its interest in the Loan to a competitor of Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Greka Energy Corp)

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