Common use of Participations; Assignments Clause in Contracts

Participations; Assignments. Seller understands that Buyer may from time to time transfer and assign its rights under this Agreement to one or more assignees. Seller hereby consents to these transfers and assignments by Xxxxx to one or more assignees. Seller hereby consents that any such assignee may exercise the rights of the Buyer hereunder. Seller further hereby consents and acknowledges that any and all defenses, claims or counterclaims that it may have against the Buyer shall be limited to, and may only be brought against Buyer and may not extend to any assignee, including, but not limited to, any claims which pertain to this Agreement. Seller consents to Buyer releasing any and all information regarding Seller and any guarantors to any assignee or potential assignee and waives any and all claims pertaining to the release of such information. Seller and Buyer intend that any and all direct or indirect assignees of the Buyer of the type set forth above shall be the third party beneficiaries of this Agreement.

Appears in 1 contract

Samples: Factoring Agreement (Recruiter.com Group, Inc.)

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Participations; Assignments. Seller understands that Buyer may from time to time transfer and assign its rights under this Agreement to one or more assignees. Seller hereby consents to these transfers and assignments by Xxxxx Buyer to one or more assignees. Seller hereby consents that any such assignee may exercise the rights of the Buyer hereunder. Seller further hereby consents and acknowledges that any and all defenses, claims or counterclaims that it may have against the Buyer shall be limited to, and may only be brought against Buyer and may not extend to any assignee, including, but not limited to, any claims which pertain to this Agreement. Seller consents to Buyer releasing any and all information regarding Seller and any guarantors to any assignee or potential assignee and waives any and all claims pertaining to the release of such information. Seller and Buyer intend that any and all direct or indirect assignees of the Buyer of the type set forth above shall be the third party beneficiaries of this Agreement.

Appears in 1 contract

Samples: Factoring Agreement (MR2 Group, Inc.)

Participations; Assignments. Seller understands that Buyer may from time to time transfer and assign its rights under this Agreement to one or more snore assignees. Seller hereby consents to these transfers and assignments by Xxxxx Buyer to one or more assignees. Seller hereby consents that any such assignee may exercise the rights of the Buyer hereunder. Seller further hereby consents and acknowledges that any and all defenses, claims or counterclaims that it may have against the Buyer shall be limited to, and may only be brought against Buyer and may not extend to any assignee, including, but not limited to, any claims which pertain to this Agreement. Agreement Seller consents to Buyer releasing any and all information regarding Seller and any guarantors to any assignee or potential assignee and waives any and all claims pertaining to the release of such information. Seller and Buyer intend that any and all direct or indirect assignees of the Buyer of the type set act forth above shall be the third party beneficiaries of this Agreement.

Appears in 1 contract

Samples: Factoring Agreement (Stellar Acquisition III Inc.)

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Participations; Assignments. Seller understands that Buyer may from time to time transfer and assign its rights right under this Agreement to one or more assignees. Seller hereby consents to these transfers and assignments by Xxxxx Buyer to one or more assignees. Seller hereby consents that any such assignee may exercise the rights of the Buyer hereunder. Seller further hereby consents and acknowledges that any and all defenses, claims or counterclaims that it may have have, against the Buyer shall be limited to, and may only be brought brought: against Buyer and may not extend to any assignee, including, but not limited to, any claims which pertain to this Agreement. Seller consents to Buyer releasing any and all information regarding Seller and any guarantors to any assignee or potential assignee and waives any and all claims pertaining to the release of such information. Seller and Buyer intend that any and all ail direct or indirect assignees of the Buyer of the type set forth above shall be the third party beneficiaries of this Agreement.

Appears in 1 contract

Samples: Factoring Agreement (Monster Digital, Inc.)

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