Common use of Assigned Agreements Clause in Contracts

Assigned Agreements. If an Event of Default has occurred and is continuing, Debtor hereby irrevocably authorizes and empowers Agent, without limiting any other authorizations or empowerments contained in any of the other Loan Documents, to assert, either directly or on behalf of Debtor, any claims Debtor may have, from time to time, against any other party to any of the agreements to which Debtor is a party or to otherwise exercise any right or remedy of Debtor under any such agreements (including, without limitation, the right to enforce directly against any party to any such agreement all of Debtor's rights thereunder, to make all demands and give all notices and to make all requests required or permitted to be made by Debtor thereunder).

Appears in 1 contract

Samples: Credit Agreement (Team Communications Group Inc)

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Assigned Agreements. If a Triggering Event or an Event of Default has occurred and is continuing, Debtor hereby irrevocably authorizes and empowers AgentSecured Party, without limiting any other authorizations or empowerments contained in any of the other Loan Documents, to assert, either directly or on behalf of Debtor, any claims Debtor may have, from time to time, against any other party to any of the agreements to which Debtor is a party or to otherwise exercise any right or remedy of Debtor under any such agreements (including, without limitation, the right to enforce directly against any party to any such agreement all of Debtor's rights thereunder, to make all demands and give all notices and to make all requests required or permitted to be made by Debtor thereunder).

Appears in 1 contract

Samples: Security Agreement (Zix Corp)

Assigned Agreements. If an Event of Default has shall have occurred and is be continuing, Debtor Borrower hereby irrevocably authorizes and empowers AgentLenders, without limiting any other authorizations or empowerments contained in any of the other Loan DocumentsAgreements, to assert, either directly or on behalf of DebtorBorrower, any claims Debtor Borrower may have, from time to time, against any other party to any of the agreements to which Debtor Borrower is a party or to otherwise exercise any right or remedy of Debtor Borrower under any such agreements (including, including without limitation, the right to enforce directly against any party to any such agreement agreement, all of DebtorBorrower's rights thereunder, to make all demands and give all notices and to make all requests required or permitted to be made by Debtor Borrower thereunder).

Appears in 1 contract

Samples: Security Agreement (Valuestar Corp)

Assigned Agreements. If an Event of Default has occurred and is continuing, Debtor Debtors hereby irrevocably authorizes authorize and empowers empower Agent, without limiting any other authorizations or empowerments contained in any of the other Loan Documents, to assert, either directly or on behalf of any Debtor, any claims any Debtor may have, from time to time, against any other party to any of the agreements to which any Debtor is a party or to otherwise exercise any right or remedy of any Debtor under any such agreements (including, without limitation, the right to enforce directly against any party to any such agreement all of any Debtor's rights thereunder, to make all demands and give all notices and to make all requests required or permitted to be made by any Debtor thereunder).

Appears in 1 contract

Samples: Security Agreement (Choice One Communications Inc)

Assigned Agreements. If an Event of Default has occurred and is continuing, Debtor hereby irrevocably authorizes and empowers Collateral Agent, without limiting any other authorizations or empowerments contained in any of the other Loan Documents, to assert, either directly or on behalf of Debtor, any claims Debtor may have, from time to time, against any other party to any of the agreements to which Debtor is a party or to otherwise exercise any right or remedy of Debtor under any such agreements (including, without limitation, the right to enforce directly against any party to any such agreement all of Debtor's rights thereunder, to make all demands and give all notices and to make all requests required or permitted to be made by Debtor thereunder).

Appears in 1 contract

Samples: General Security Agreement (Ultralife Batteries Inc)

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Assigned Agreements. If Upon the occurrence and during the continuance of an Event of Default has occurred and is continuingDefault, Debtor hereby irrevocably authorizes and empowers Agentthe Investor, without limiting any other authorizations or empowerments contained in any of the other Loan Transaction Documents, to assert, either directly or on behalf of Debtor, any claims Debtor may have, from time to time, against any other party to any of the agreements to which Debtor is a party or to otherwise exercise any right or remedy of Debtor under any such agreements (including, without limitation, the right to enforce directly against any party to any such agreement all of Debtor's rights thereunder, to make all demands and give all notices and to make all requests required or permitted to be made by Debtor thereunder).

Appears in 1 contract

Samples: Acknowledgment and Agreement (Andrea Electronics Corp)

Assigned Agreements. If an Event of Default has occurred and is continuing, Debtor Debtors hereby irrevocably authorizes authorize and empowers Agentempower Secured Party, without limiting any other authorizations or empowerments contained in any of the other Loan Transaction Documents, to assert, either directly or on behalf of DebtorDebtors, any claims Debtor Debtors may have, from time to time, against any other party to any of the agreements to which Debtor is Debtors are a party or to otherwise exercise any right or remedy of Debtor Debtors under any such agreements (including, without limitation, the right to enforce directly against any party to any such agreement all of Debtor's Debtors' rights thereunder, to make all demands and give all notices and to make all requests required or permitted to be made by Debtor Debtors thereunder).

Appears in 1 contract

Samples: Security Agreement (Cita Biomedical Inc)

Assigned Agreements. If an Event of Default has occurred and is continuing, Debtor hereby irrevocably authorizes and empowers Senior Agent, without limiting any other authorizations or empowerments contained in any of the other Loan Documents, to assert, either directly or on behalf of Debtor, any claims Debtor may have, from time to time, against any other party to any of the agreements to which Debtor is a party or to otherwise exercise any right or remedy of Debtor under any such agreements (including, without limitation, the right to enforce directly against any party to any such agreement all of Debtor's ’s rights thereunder, to make all demands and give all notices and to make all requests required or permitted to be made by Debtor thereunder).

Appears in 1 contract

Samples: Security Agreement (Recoton Corp)

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