Common use of Assignment by the Purchaser Clause in Contracts

Assignment by the Purchaser. The Purchaser may assign, pledge or transfer by way of security its rights under this Agreement to a security trustee or similar person appointed in relation to a finance transaction without restriction and without the need to obtain the consent of the Seller or any other person.

Appears in 14 contracts

Sources: Spanish Master Lease and Servicing Agreement (Hertz Corp), Master Lease and Servicing Agreement (Hertz Corp), French Master Lease and Servicing Agreement (Hertz Corp)

Assignment by the Purchaser. The Purchaser Seller may assign, pledge or transfer by way of security its rights under this Agreement to a security trustee or similar person appointed in relation to a finance transaction without restriction and without the need to obtain the consent of the Seller or any other person.

Appears in 6 contracts

Sources: Dutch Master Lease and Servicing Agreement (Hertz Corp), Dutch Master Lease and Servicing Agreement (Hertz Corp), Dutch Master Lease and Servicing Agreement (Hertz Corp)