Common use of Assignor’s Obligations Clause in Contracts

Assignor’s Obligations. Assignor shall keep Bank informed of any changes in all circumstances that could reasonably be expected to materially and adversely affect the Rights and Remedies, and Assignor shall not waive, amend, alter, or modify any of the Rights and Remedies without prior written consent of Bank.

Appears in 2 contracts

Sources: Collateral Assignment of Rights Under Purchase Agreement (Twin Disc Inc), Collateral Assignment of Rights Under Purchase Agreement (Twin Disc Inc)