Transfer of Collateral. Subject to the terms of the Credit Agreement, Secured Party may transfer any or all of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be vested with all rights, powers, duties and remedies of Secured Party hereunder.
Appears in 7 contracts
Samples: Pledge and Security Agreement (Duncan Dan L), Pledge and Security Agreement (Williams Randa Duncan), Pledge and Security Agreement (Williams Randa Duncan)
Transfer of Collateral. Subject to the terms of the Credit Agreement, Secured Party may transfer any or all of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be vested with all rights, powers, duties powers and remedies of Secured Party hereunder.
Appears in 7 contracts
Samples: Security Agreement (Triathlon Broadcasting Co), Security Agreement (Western Pacific Airlines Inc /De/), Security Agreement (Edge Petroleum Corp)
Transfer of Collateral. Subject to To the terms of extent permitted and in the manner required by the Credit Agreement, Secured Party may transfer any or all of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be vested with all rights, powers, duties powers and remedies of Secured Party hereunder.
Appears in 3 contracts
Samples: Pledge and Security Agreement (Corrida Resources Inc), Security Agreement (Corrida Resources Inc), Pledge and Security Agreement (Corrida Resources Inc)
Transfer of Collateral. Subject to the terms of the Credit ----------------------- Agreement, Secured Party may transfer any or all of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be vested with all rights, powers, duties and remedies of Secured Party hereunder.
Appears in 3 contracts
Samples: Guaranty Agreement (St Mary Land & Exploration Co), Pledge and Security Agreement (St Mary Land & Exploration Co), Pledge and Security Agreement (St Mary Land & Exploration Co)
Transfer of Collateral. Subject to Upon the terms transfer of all or any part of the Credit AgreementIndebtedness, Secured Party may transfer all or any or all part of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral collateral and shall be fully discharged thereafter from all liability therefor. Any and responsibility with respect to such collateral so transferred, and the transferee of the Collateral shall be vested with all rights, powers, duties the rights and remedies powers of Secured Party hereunderhereunder with respect to such collateral so transferred; but with respect to any collateral not so transferred Secured Party shall retain all rights and powers hereby given.
Appears in 2 contracts
Samples: Subordinated Security Agreement (Ats Medical Inc), Security Agreement (Vans Inc)
Transfer of Collateral. Subject to the terms of the Credit ---------------------- Agreement, Secured Party may transfer any or all of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be vested with all rights, powers, duties and remedies of Secured Party hereunder.
Appears in 2 contracts
Samples: Pledge and Security Agreement (St Mary Land & Exploration Co), Pledge and Security Agreement (St Mary Land & Exploration Co)
Transfer of Collateral. Subject Upon reasonable notice to the terms of the Credit AgreementDebtor, Secured Party may transfer any or all of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor, other than liabilities arising prior to the date of such transfer. Any transferee of the Collateral shall be vested with all rights, powers, duties powers and remedies of Secured Party hereunder.
Appears in 1 contract
Samples: Security Agreement (Kinder Morgan Energy Partners Lp)
Transfer of Collateral. Subject to the terms of the Credit Agreement, Secured Party may transfer any or all of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be vested with all rights, powers, duties powers and remedies of Secured Party hereunder.
Appears in 1 contract
Transfer of Collateral. Subject to Upon the terms transfer of all or any part of the Credit AgreementIndebtedness, Secured Party may transfer all or any or all part of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral collateral and shall be fully discharged thereafter from all liability therefor. Any and responsibility with respect to such collateral so transferred, and the transferee of the Collateral shall be vested with all rights, powers, duties the rights and remedies powers of Secured Party hereunder.hereunder with respect to such collateral so transferred; but with respect to any collateral not so transferred Secured Party shall retain all rights and powers hereby given. ------------------------------------------------------------------------------
Appears in 1 contract
Samples: Medical Science Systems Inc
Transfer of Collateral. Subject to To the terms of extent permitted and in the manner required by the Credit Agreement, Secured Party may transfer any or all of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be vested with all rights, powers, duties and remedies of Secured Party hereunder.the
Appears in 1 contract
Transfer of Collateral. Subject to the terms provisions of the Credit Agreement, Secured Party may transfer any or all of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be vested with all rights, powers, duties powers and remedies of Secured Party hereunder.
Appears in 1 contract
Transfer of Collateral. Subject to the terms of the Credit Agreement, Secured Party may transfer any or all of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be vested with all rights, powers, duties and remedies of Secured Party hereunder.
Appears in 1 contract
Samples: Pledge and Security Agreement (New Stat Healthcare Inc)
Transfer of Collateral. Subject to the terms of the Credit Agreement, The Secured Party may transfer any or all of the Obligations, and upon any such transfer the Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be vested with all rights, powers, duties powers and remedies of the Secured Party hereunder.
Appears in 1 contract
Transfer of Collateral. Subject to Upon the terms occurrence and during the continuance of the Credit Agreementan Event of Default, Secured Party may transfer any or all of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be vested with all rights, powers, duties powers and remedies of Secured Party hereunder.
Appears in 1 contract
Samples: Asset Purchase Agreement (Sbe Inc)
