Common use of Assignment by Assignee Clause in Contracts

Assignment by Assignee. Assignee shall have the right to assign Assignor's rights, title and interest in any Contract, Lease, License or Permit, subject to any transfer restrictions contained therein, to any subsequent agent with respect to the Loan Agreement and the Obligations thereunder.

Appears in 2 contracts

Sources: Collateral Assignment of Contracts, Leases, Licenses and Permits (PCD Inc), Collateral Assignment of Contracts, Leases, Licenses and Permits (PCD Inc)

Assignment by Assignee. Assignee shall have the right to assign Assignor's rights, title and its interest in any Contract, Lease, License or Permit, subject to any transfer restrictions contained therein, to any subsequent agent with respect to the Loan Agreement and the Obligations thereunder.

Appears in 1 contract

Sources: Security Agreement (Finisar Corp)