Common use of Bank Clause in Contracts

Bank. may assign any of the Indebtedness and deliver any or all of the Collateral to its assignee, who then shall have with respect to Collateral so delivered all the rights and powers of Bank under this Agreement, and after that Bank shall be fully discharged from all liability and responsibility with respect to Collateral so delivered.

Appears in 19 contracts

Samples: Credit Agreement (Asd Systems Inc), Security Agreement (Televideo Inc), Security Agreement (Hansen Natural Corp)

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Bank. may assign any of the Indebtedness and deliver any or all of the Collateral to its assignee, who then shall have with respect to Collateral so delivered all the rights and powers of Bank under this Agreement, and after that that, Bank shall be fully discharged from all liability and responsibility with respect to Collateral so delivered.

Appears in 3 contracts

Samples: Security Agreement (Manatron Inc), 27 Comerica Security Agreement (Manatron Inc), Security Agreement (Manatron Inc)

Bank. may assign any of the Indebtedness indebtedness and deliver any or all of the Collateral to its assignee, who then shall have with respect to Collateral so delivered all the rights and powers of Bank under this Agreement, and after that Bank shall be fully discharged from all liability and responsibility with respect to Collateral so delivered.

Appears in 1 contract

Samples: Security Agreement (Taitron Components Inc)

Bank. may assign any of the Indebtedness and deliver any or all of the Collateral to its assignee, . who then shall have with respect to Collateral so delivered all the rights and powers of Bank under this Agreement, and after that Bank shall be fully discharged from all liability and responsibility responsible, with respect to Collateral so delivered.

Appears in 1 contract

Samples: Credit Agreement (Asd Systems Inc)

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Bank. may assign any of the Indebtedness and deliver any or all of the Collateral to its assignee, who then shall have with respect to Collateral so delivered all the rights and powers of Bank under this Agreement, and after that Bank shall be fully discharged from all liability and responsibility with respect to Collateral so delivered.

Appears in 1 contract

Samples: Security Agreement (Calico Commerce Inc/)

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