Common use of Participations and Assignments Clause in Contracts

Participations and Assignments. The Lender shall have the right, without the consent of the Borrower, to sell participations to one or more banks or other entities in, or assignments of, all or any portion of its rights, obligations, and interest under this Agreement, the Liabilities and any of the Financing Agreements. The Lender may furnish any information concerning the Borrower in the possession of the Lender from time to time to participants (including prospective participants).

Appears in 3 contracts

Samples: Loan and Security Agreement (Advocat Inc), Loan and Security Agreement (Tandem Health Care, Inc.), Loan and Security Agreement (Advocat Inc)

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Participations and Assignments. The Lender shall have the right, without the consent of the Borrower, to sell participations to one or more banks or other entities in, or assignments of, all or any portion of its rights, obligations, and interest under this Agreement, the Liabilities Liabilities, and any of the Financing Agreements. The Lender may furnish any information concerning the Borrower in the possession of the Lender from time to time to participants (including prospective participants).

Appears in 1 contract

Samples: Term Loan and Security Agreement (Tandem Health Care, Inc.)

Participations and Assignments. The Each Lender shall have the right, without the consent of the Borrower, to sell participations to one or more banks banks, financial institutions, or other entities or lenders in, or assignments of, all or any portion of its rights, obligations, and interest under this Agreement, the Liabilities Agreement and any of the Financing Agreements. The Each Lender may furnish any information concerning the Borrower in the possession of the Lender Lenders from time to time to participants (including prospective participants); provided however, that each participant will agree to abide by the confidentiality provisions contained in Section 11.20 hereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Phoenix Footwear Group Inc)

Participations and Assignments. The Lender shall have the right, without the consent of the Borrower, to sell participations to one or more banks or other entities in, or assignments of, all or any portion of its rights, obligations, and interest under this Agreement, the Liabilities Agreement and any of the Financing Agreements. The Lender may furnish any information concerning the Borrower in the possession of the Lender from time to time to participants (including prospective participants).

Appears in 1 contract

Samples: Term Loan and Security Agreement (Tandem Health Care, Inc.)

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Participations and Assignments. The Lender shall have the right, without the consent of the Borrower, to sell participations to one or more banks banks, financial institutions, or other entities or lenders in, or assignments of, all or any portion of its rights, obligations, and interest under this Agreement, the Liabilities Agreement and any of the Financing Agreements. The Lender may furnish any information concerning the Borrower in the possession of the Lender from time to time to participants (including prospective participants).

Appears in 1 contract

Samples: Revolving Loan Agreement (Inland Real Estate Corp)

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