Assignment; Participations. Lender may not assign any or all of the Obligations or transfer therewith any or all of the Collateral therefor without the prior written consent of the Obligor, which consent shall not be unreasonably withheld. Upon such transfer, Lender shall be released from all responsibility for the Collateral so transferred. The Obligor may not assign or transfer any of its rights or obligations under this Security Agreement without the prior written consent of the Lender, which consent shall not be unreasonably withheld.
Appears in 1 contract
Sources: Security Agreement (Change Technology Partners Inc)
Assignment; Participations. Neither Lender may not assign any or all of the Obligations or transfer therewith any or all of the Collateral therefor without the prior written consent of the Obligor, which consent shall not be unreasonably withheld. Upon such transfer, such Lender shall be released from all responsibility for the Collateral so transferred. The Obligor may not assign or transfer any of its rights or obligations under this Security Agreement without the prior written consent of the Lenderboth Lenders, which consent shall not be unreasonably withheld.
Appears in 1 contract
Sources: Security Agreement (Change Technology Partners Inc)