Common use of Right to Assign Clause in Contracts

Right to Assign. Each Agent and each Lender shall have the right at any time after the Closing Date to sell, assign or transfer all or a portion of its rights and obligations under this Agreement, including, without limitation, all or a portion of the Loans owing to it or other Obligations to any Person.

Appears in 6 contracts

Samples: Sixth Amendment Agreement (Mogo Inc.), First Amendment Agreement (Mogo Inc.), Revolving Credit and Guarantee Agreement (Mogo Inc.)

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Right to Assign. Each Agent and each Lender shall have the right at any time after the Closing Date to sell, assign assign, pledge or transfer all or a portion of its rights and obligations under this Agreement, including, without limitation, all or a portion of the Loans owing to it or other Obligations to any Person; provided, other than during the continuance of an Event of Default, no Lender shall assign all or any portion of its rights and obligations under this Agreement to any competitor of the Company, as determined by the Administrative Agent in its good faith business judgment.

Appears in 3 contracts

Samples: Second Amendment Agreement (Mogo Finance Technology Inc.), Credit Agreement (Mogo Finance Technology Inc.), Credit Agreement

Right to Assign. Each Agent and each Lender shall have the right at any time after the Closing Date to sell, assign or transfer all or a portion of its rights and obligations under this Agreement, including, without limitation, all or a portion of the its Revolving Commitment or Loans owing to it or other Obligations to any Person.Obligations:

Appears in 2 contracts

Samples: Revolving Credit Agreement (Consumer Portfolio Services Inc), Revolving Credit Agreement (Consumer Portfolio Services Inc)

Right to Assign. Each Agent and each the Lender shall have the right at any time after the Closing Date to sell, assign or transfer all or a portion of its rights and obligations under this Agreement, including, without limitation, all or a portion of the its Revolving Commitment or Revolving Loans owing to it or other Obligations to any PersonPerson that, at the time of such assignment, is able to perform the obligations of the Lender hereunder, or to any Fortress Affiliate Lender without the consent of the Borrower or CPS.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Consumer Portfolio Services Inc), Revolving Credit Agreement (Consumer Portfolio Services Inc)

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Right to Assign. Each Agent and each Lender shall have the right at any time after the Closing Date to sell, assign or transfer all or a portion of its rights and obligations under this Agreement, including, without limitation, all or a portion of the its Revolving Commitment or Revolving Loans owing to it or other Obligations to any Person.Obligations:

Appears in 1 contract

Samples: Revolving Credit Agreement (Consumer Portfolio Services Inc)

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