Common use of Pledge to a Security Trustee Clause in Contracts

Pledge to a Security Trustee. Notwithstanding anything to the contrary set forth herein, any Purchaser or any of their respective Affiliates may at any time pledge or grant a security interest in all or any portion of its interest in, to and under this Agreement (including rights to payment of Capital and Yield) and any other Transaction Document to a security trustee in 120 connection with the funding by such Person of Investments, without notice to or the consent of the Seller, the Servicer, any Affiliate thereof or any Purchaser Party; provided, however, that no such pledge shall relieve such assignor of its obligations under this Agreement.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Chemours Co)

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Pledge to a Security Trustee. Notwithstanding anything to the contrary set forth herein, (i) any Purchaser Lender or any of their respective Affiliates may at any time pledge or grant a security interest in all or any portion of its interest in, to and under this Agreement (including including, without limitation, rights to payment of Capital Principal and YieldInterest) and any other Transaction Document to a security trustee in 120 connection with the funding by such Person of InvestmentsLoans, without notice to or the consent of the SellerBorrower, the Servicer, any Affiliate thereof or any Purchaser Credit Party; provided, however, that that no such pledge shall relieve such assignor of its obligations under this Agreement.

Appears in 1 contract

Samples: Receivables Financing Agreement (Sylvamo Corp)

Pledge to a Security Trustee. Notwithstanding anything to the contrary set forth herein, any Purchaser Lender, Program Support Provider or any of their respective Affiliates may at any time pledge or grant a security interest in all or any portion of its interest in, to and under this Agreement (including rights to payment of Capital and YieldInterest) and any other Transaction Document to a security trustee in 120 connection with the funding by such Person of InvestmentsLoans, without notice to or the consent of the SellerBorrower, the Servicer, any Affiliate thereof or any Purchaser Credit Party; provided, however, that that no such pledge shall relieve such assignor of its obligations under this Agreement.. 103

Appears in 1 contract

Samples: Loan and Security Agreement (Hill-Rom Holdings, Inc.)

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Pledge to a Security Trustee. Notwithstanding anything to the contrary set forth herein, any Purchaser Purchaser, Program Support Provider or any of their respective Affiliates may at any time pledge or grant a security interest in all or any portion of its interest in, to and under this Agreement (including rights to payment of Capital and Yield) and any other Transaction Document to a security trustee in 120 connection with the funding by such Person of Investments, without notice to or the consent of the Seller, the Servicer, any Affiliate thereof or any Purchaser Party; provided, however, that no such pledge shall relieve such assignor of its obligations under this Agreement.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Chemours Co)

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