Common use of Participation of the Loans Clause in Contracts

Participation of the Loans. Borrower agrees that Bank may, at its option, sell interests in the Loans and its rights under this Loan Agreement to a financial institution or institutions and, in connection with each such sale, Bank may disclose any financial and other information available to Bank concerning Borrower to each perspective purchaser.

Appears in 5 contracts

Samples: Loan Agreement (Medicalcontrol Inc), Loan Agreement (Interphase Corp), Loan Agreement (Vertex Communications Corp /Tx/)

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Participation of the Loans. Borrower agrees that Bank may, at its option, sell interests in the Loans and its rights under this Loan Agreement to a financial institution or institutions andinstitutions, and in connection with each such sale, Bank may disclose any financial and other information available to Bank concerning Borrower to each perspective purchaser.

Appears in 1 contract

Samples: Loan Agreement (Horizon Pharmacies Inc)

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