Common use of Assignability of Contracts Clause in Contracts

Assignability of Contracts. Use commercially reasonable efforts to exclude from all agreements or documents entered into after the Closing Date, any term or provision that would prevent a Loan Party from granting a Lien in such agreements or documents to the Collateral Agent under the Security Documents.

Appears in 3 contracts

Sources: Credit Agreement (Clearlake Capital Partners, LLC), Securities Purchase Agreement (TRM Corp), Credit Agreement (Goamerica Inc)

Assignability of Contracts. Use commercially reasonable efforts to exclude from all agreements or documents entered into after the Closing Date, any term or provision that would prevent the Company or a Loan Party Subsidiary Guarantor from granting a Lien in such agreements or documents to the Collateral Agent under the Security Collateral Documents.

Appears in 1 contract

Sources: Credit Agreement (Online Resources Corp)

Assignability of Contracts. Use commercially reasonable efforts to exclude from all agreements or documents entered into after the Closing Date, any term or provision that would prevent a any Loan Party from granting a Lien in such agreements or documents to the Collateral Agent under the Security DocumentsAgent.

Appears in 1 contract

Sources: Credit Agreement