Common use of The Third Parties Clause in Contracts

The Third Parties. (a) for exercising the rights of the Bank due to the failure of the Customer to duly perform conditions outlined in the Agreement, and/or for monitoring of fulfillment by the Customer of the conditions of the Agreement; or (b) which are interested in acquiring/syndication if the Bank claims arising from the Agreement and/or assignment of obligations of the Customer.

Appears in 41 contracts

Samples: Collection Agreement, General Credit Line Agreement, Collection Agreement

AutoNDA by SimpleDocs

The Third Parties. (a) for exercising the rights of the Bank due to the failure of the Customer to duly perform conditions outlined in the Agreement, and/or for monitoring of fulfillment by the Customer of the conditions of the Agreement; or (b) which are interested in acquiring/syndication if of the Bank claims arising from the Agreement and/or assignment of obligations of the Customer.

Appears in 20 contracts

Samples: Credit Agreement, Credit Line Agreement, Credit Line Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!