Common use of Assignment by the Collateral Agent Clause in Contracts

Assignment by the Collateral Agent. The Collateral Agent may, in accordance with the terms of the Credit Agreement, be replaced and the successor Collateral Agent shall be entitled to all of the rights and remedies of the Collateral Agent under this Pledge Agreement in relation thereto.

Assignment by the Collateral Agent. The Collateral Agent may, may in accordance with the terms of the Credit Agreement, Agreement be replaced and the successor Collateral Agent shall be entitled to all of the rights and remedies of the Collateral Agent under this Pledge Security Agreement in relation thereto.