Common use of Pre-Approved Assignments Clause in Contracts

Pre-Approved Assignments. Each Party shall have the right without the prior consent of the others to (a) mortgage, pledge, encumber or otherwise impress a lien or security interest upon its rights and interest in and to this Agreement, and (b) make a transfer pursuant to any security interest arrangement described in (a) above, including any judicial or non-judicial foreclosure and any assignment from the holder of such security interest to another Person.

Pre-Approved Assignments. (a) Each Party shall have the right without the prior consent of the others to (ai) mortgage, pledge, encumber or otherwise impress a lien or security interest upon its rights and interest in and to this Agreement, and (bii) make a transfer pursuant to any security interest arrangement described in (ai) above, including any judicial or non-judicial foreclosure and any assignment from the holder of such security interest to another Person.

Pre-Approved Assignments. (a) Each Party shall have the right without the prior consent of the others to (ai) mortgage, pledge, encumber or otherwise impress a lien or security interest upon its rights and interest in and to this Agreement, and (bii) make a transfer pursuant to any security interest arrangement described in clause (ai) above, including any judicial or non-judicial foreclosure and any assignment from the holder of such security interest to another Person.

Pre-Approved Assignments. Each Party shall have the right without the prior consent of the others other Party to (a) mortgage, pledge, encumber or otherwise impress a lien or security interest upon its rights and interest in and to this Agreement, and (b) make a transfer pursuant to any security interest arrangement described in (a) above, including any judicial or non-judicial foreclosure and any assignment from the holder of such security interest to another Person.

Pre-Approved Assignments. (a) Each Party shall have the right without the prior consent of the others to (a) mortgage, pledge, encumber or otherwise impress a lien or security interest upon its rights and interest in and to this Agreement, and (b) make a transfer pursuant to any security interest arrangement described in clause (a) above, including any judicial or non-judicial foreclosure and any assignment from the holder of such security interest to another Person.

Pre-Approved Assignments. Each Either Party shall have the right without the prior consent of the others other to (a) mortgage, pledge, encumber or otherwise impress a lien or security interest upon its rights and interest in and to this Agreement, and (b) make a transfer pursuant to any security interest arrangement described in (a) above, including any judicial or non-judicial foreclosure and any assignment from the holder of such security interest to another Person.

Pre-Approved Assignments. (a) Each Party shall have the right without the prior consent of the others to (ai) mortgage, pledge, encumber or otherwise impress a lien or security interest upon its rights and interest in and to this Agreement, and (bii) make a transfer pursuant to any security interest arrangement described in clause (ai) above, including -43- NAI-1509460209v15 any judicial or non-judicial foreclosure and any assignment from the holder of such security interest to another Person.