Transfer of Collateral. In connection with the transfer or assignment of the Note (whether by negotiation, discount or otherwise), the Company may transfer all or any part of the Collateral, and the transferee shall thereupon succeed to all the rights, powers and remedies granted the Company hereunder with respect to the Collateral so transferred. Upon such transfer, the Company shall be fully discharged from all liability and responsibility for the transferred Collateral.
Appears in 14 contracts
Samples: Stock Purchase Agreement (Gene Logic Inc), Pledge and Security Agreement (HouseValues, Inc.), Incentive Agreement (Ask Jeeves Inc)
Transfer of Collateral. In connection with the transfer or ---------------------- assignment of the Note (whether by negotiation, discount or otherwise), the Company Corporation may transfer all or any part of the Collateral, and the transferee shall thereupon succeed to all the rights, powers and remedies granted the Company Corporation hereunder with respect to the Collateral so transferred. Upon such transfer, the Company Corporation shall be fully discharged from all liability and responsibility for the transferred Collateral.
Appears in 9 contracts
Samples: Stock Pledge Agreement (Stamps Com Inc), Stock Pledge Agreement (Viador Inc), Stock Pledge Agreement (Naviant Inc)
Transfer of Collateral. In connection with the transfer or assignment of the Note (whether by negotiation, discount or otherwise), the Company may transfer all or any part of the Collateral, and the transferee shall thereupon succeed to all the rights, powers and remedies granted the Company hereunder with respect to the Collateral so transferred. , Upon such transfer, the Company shall be fully discharged from all liability and responsibility for the transferred Collateral.
Appears in 3 contracts
Samples: Pledge Agreement (Avantgo Inc), Pledge Agreement (Avantgo Inc), Pledge Agreement (Avantgo Inc)
Transfer of Collateral. In connection with the transfer or assignment of the Note note (whether by negotiation, discount or otherwise), the Company may transfer all or any part of the Collateral, and the transferee shall thereupon succeed to all the rights, powers and remedies granted the Company hereunder with respect to the Collateral so transferred. Upon such transfer, the Company shall be fully discharged from all liability and responsibility for the transferred Collateral.
Appears in 2 contracts
Samples: Stock Pledge Agreement (Critical Path Inc), Promissory Note (Kabira Technologies Inc)
Transfer of Collateral. In connection with the transfer or assignment ---------------------- of the Note (whether by negotiation, discount or otherwise), the Company may transfer all or any part of the Collateral, and the transferee shall thereupon succeed to all the rights, powers and remedies granted the Company hereunder with respect to the Collateral so transferred. Upon such transfer, the Company shall be fully discharged from all liability and responsibility for the transferred Collateral.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Zymogenetics Inc), Pledge and Security Agreement (Zymogenetics Inc)
Transfer of Collateral. In connection with the transfer or assignment ---------------------- of the Note (whether by negotiation, discount or otherwise), the Company may transfer all or any part of the Collateral, and the transferee shall thereupon succeed to all the rights, powers and remedies granted the Company hereunder with respect to the Collateral so transferred. Upon such transfer, the Company shall be fully discharged from all liability and responsibility for the transferred Collateral. The Company may only transfer or assign the Note to a successor entity or its parent in connection with a corporate transaction.
Appears in 1 contract
Transfer of Collateral. In connection with the transfer or assignment of the Note (whether by negotiation, discount or otherwise), the Company Corporation may transfer all or any part of the te Collateral, and the transferee shall thereupon succeed to all the rights, powers and remedies granted the Company Corporation hereunder with respect to the Collateral so transferred. Upon such transfer, the Company Corporation shall be fully discharged from all liability and any further responsibility for the transferred CollateralCollateral and all liability for the Collateral arising after the date of such transfer.
Appears in 1 contract
Transfer of Collateral. In connection with the ---------------------- transfer or assignment of the Note (whether by negotiation, discount or otherwise), the Company Corporation may transfer all or any part of the Collateral, and the transferee shall thereupon succeed to all the rights, powers and remedies granted the Company Corporation hereunder with respect to the Collateral so transferred. Upon such transfer, the Company Corporation shall be fully discharged from all liability and responsibility for the transferred Collateral.
Appears in 1 contract
