Common use of Secured Party’s Rights and Remedies Clause in Contracts

Secured Party’s Rights and Remedies. 1. Secured Party may assign this Security Agreement without the consent of Debtor. In the event of such assignment, the assignee shall be entitled, upon notifying Debtor, to the performance of all obligations of Debtor hereunder and to all rights and remedies of Secured Party hereunder. Debtor will assert no claims or defenses that Debtor may have against Secured Party against any assignee hereof.

Appears in 3 contracts

Samples: Loan Agreement (Alliance Farms Cooperative Association), Security Agreement (Alliance Farms Cooperative Association), Security Agreement (Alliance Farms Cooperative Association)

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Secured Party’s Rights and Remedies. 1. A. Secured Party may assign this Security Agreement without the consent of Debtor. In the event of Agreement, and upon such an assignment, the assignee shall is to be entitled, upon notifying notification to Debtor, to all of the performance of all obligations of Debtor hereunder and to all rights and remedies of Secured Party hereunder. Debtor will assert no claims or defenses that Debtor may have against Secured Party against any assignee hereofunder this Security Agreement.

Appears in 3 contracts

Samples: Security Agreement, Agreement for Purchase and Sale of Stock Shares (Hamann John Francis), Agreement for Purchase and Sale of Stock Shares (Hamann John Francis)

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