Common use of Assignment by Secured Party Clause in Contracts

Assignment by Secured Party. Subject to the terms of the Loan Agreement, the Secured Party may, from time to time, without notice to the Debtor, sell, assign, transfer or otherwise dispose of all or any part of the Obligations and/or the Collateral therefor. In such event, each and every immediate and successive purchaser, assignee, transferee or holder of all or any part of the Obligations and/or the Collateral shall have the right to enforce this Agreement by legal action or otherwise for its own benefit as fully as if such purchaser, assignee, transferee or holder were herein by name specifically given such rights. The Secured Party shall have an unimpaired right to enforce this Agreement for its benefit with regard to that portion of the Obligations of the Debtor that the Secured Party has not sold, assigned, transferred or otherwise disposed of.

Assignment by Secured Party. Subject to the terms of the Loan Agreement, the The Secured Party may, from time to time, without notice to the Debtor, sell, assign, transfer or otherwise dispose of all or any part of the Obligations and/or the Collateral therefor. In such event, each and every immediate and successive purchaser, assignee, transferee or holder of all or any part of the Obligations and/or the Collateral shall have the right to enforce this Agreement by legal action or otherwise for its own benefit as fully as if such purchaser, assignee, transferee or holder were herein by name specifically given such rights. The Secured Party shall have an unimpaired right to enforce this Agreement for its benefit with regard to that portion of the Obligations of the Debtor that as the Secured Party has not sold, assigned, transferred or otherwise disposed of.

Assignment by Secured Party. Subject to the terms of the Loan Agreement, the Secured Party may, from time to time, without notice to the Debtor, sell, assign, transfer or otherwise dispose of all or any part of the Obligations and/or the Collateral therefor. In such event, each and every immediate and successive purchaser, assignee, transferee or holder of all or any part of the Obligations and/or the Collateral shall have the right to enforce this Agreement Agreement, by legal action or otherwise otherwise, for its own benefit as fully as if such purchaser, assignee, transferee or holder were herein by name specifically given such rights. The Secured Party shall have an unimpaired right to enforce this Agreement for its benefit with regard respect to that portion of the Obligations of the Debtor that the Secured Party has not sold, assigned, transferred or otherwise disposed of.

Assignment by Secured Party. Subject to the terms of the Loan Agreement, the Secured Party mayParty, from time to time, without notice to the DebtorBorrower, may sell, assign, transfer or otherwise dispose of all or any part of the Obligations and/or the Collateral therefor. In such event, each and every immediate and successive purchaser, assignee, transferee or holder of all or any part of the Obligations and/or the Collateral shall have the right to enforce this Agreement Agreement, by legal action or otherwise otherwise, for its own benefit as fully as if such purchaser, assignee, transferee or holder were herein by name specifically given such rights. The Secured Party shall have an unimpaired right to enforce this Agreement for its benefit with regard to that portion of the Obligations of the Debtor that the Borrower as Secured Party has not sold, assigned, transferred or otherwise disposed of.