Common use of Assignment by the Administrative Agent Clause in Contracts

Assignment by the Administrative Agent. The Administrative Agent may, in accordance with the Credit Agreement, from time to time assign the Credit Party Obligations or any portion thereof and/or the Pledged Collateral or any portion thereof to a successor Administrative Agent, and the assignee shall be entitled to all of the rights and remedies of the Administrative Agent under this Pledge Agreement in relation thereto.

Appears in 2 contracts

Sources: Pledge Agreement (Carrols Restaurant Group, Inc.), Holdings Pledge Agreement (Carrols Restaurant Group, Inc.)

Assignment by the Administrative Agent. The Administrative Agent may, in accordance with Subject to the terms and conditions of the Credit Agreement, the Administrative Agent may from time to time assign the Credit Party Secured Obligations or and any portion thereof and/or the Pledged Collateral or and any portion thereof to a successor Administrative Agent, and the assignee shall be entitled to all of the rights and remedies of the Administrative Agent under this Pledge Agreement in relation thereto.

Appears in 2 contracts

Sources: Pledge Agreement (Fti Consulting Inc), Pledge Agreement (Fti Consulting Inc)

Assignment by the Administrative Agent. The Administrative Agent may, in accordance with Subject to the terms of the Credit Agreement, the Administrative Agent may from time to time assign the Credit Party Secured Obligations or and any portion thereof and/or the Pledged Collateral or and any portion thereof to a successor Administrative Agentthereof, and the assignee shall be entitled to all of the rights and remedies of the Administrative Agent under this Pledge Security Agreement in relation thereto.

Appears in 2 contracts

Sources: Credit Agreement (Omega Healthcare Investors Inc), Security Agreement (Omega Healthcare Investors Inc)

Assignment by the Administrative Agent. The Administrative Agent may, in accordance with To the extent permitted under the Credit Agreement, the Administrative Agent may from time to time assign the Credit Party Secured Obligations or any portion thereof and/or the Pledged Collateral or any portion thereof and its rights hereunder to a successor Administrative Agent, and the assignee shall be entitled to all of the rights and remedies of the Administrative Agent under this Pledge Security Agreement in relation thereto.

Appears in 1 contract

Sources: Security Agreement (Capitalsource Inc)

Assignment by the Administrative Agent. The Subject to any restrictions in the Credit Agreement with respect to the assignment of the Secured Obligations, the Administrative Agent may, in accordance with the Credit Agreement, may from time to time assign the Credit Party Secured Obligations or any portion thereof and/or the Pledged Collateral or any portion thereof to a successor Administrative Agent, and the assignee shall be entitled to all of the rights and remedies of the Administrative Agent under this Pledge Agreement in relation thereto.

Appears in 1 contract

Sources: Pledge Agreement (Mortons Restaurant Group Inc)

Assignment by the Administrative Agent. The Administrative Agent may, in accordance with Subject to the terms and conditions of the Credit Agreement, the Administrative Agent may from time to time assign the Credit Party Obligations or any portion thereof and/or the Pledged Collateral or any portion thereof to a successor Administrative Agent, and the assignee shall be entitled to all of the rights and remedies of the Administrative Agent under this Pledge Security Agreement in relation thereto.

Appears in 1 contract

Sources: Security Agreement (Impax Laboratories Inc)

Assignment by the Administrative Agent. The Administrative Agent may, in accordance with pursuant to Section 10.09 of the Credit Agreement, from time to time assign the Credit Party Secured Obligations or and any portion thereof and/or the Pledged Collateral or and any portion thereof to a successor Administrative Agentthereof, and the assignee shall be entitled to all of the rights and remedies of the Administrative Agent under this Pledge Security Agreement in relation thereto.

Appears in 1 contract

Sources: Security Agreement (Bioreliance Corp)

Assignment by the Administrative Agent. The Administrative Agent may, in accordance with pursuant to Section 10.09 of the Credit Agreement, from time to time assign the Credit Party Secured Obligations or and any portion thereof and/or the Pledged Collateral or and any portion thereof to a successor Administrative Agentthereof, and the assignee shall be entitled to all of the rights and remedies of the Administrative Agent under this Pledge Agreement in relation thereto.

Appears in 1 contract

Sources: Pledge Agreement (Bioreliance Corp)

Assignment by the Administrative Agent. The Administrative Agent may, in accordance with Subject to the terms and conditions of the Credit Agreement, the Administrative Agent may from time to time assign the Credit Party Secured Obligations or and any portion thereof and/or the Pledged Collateral or and any portion thereof to a successor Administrative Agentthereof, and the assignee shall be entitled to all of the rights and remedies of the Administrative Agent under this Pledge Agreement in relation thereto.

Appears in 1 contract

Sources: Pledge Agreement (Fti Consulting Inc)

Assignment by the Administrative Agent. The Administrative Agent may, in accordance with To the extent permitted under the Credit Agreement, the Administrative Agent may from time to time assign the Credit Party Secured Obligations or any portion thereof and/or the Pledged Collateral or any portion thereof and its rights hereunder to a successor Administrative Agent, and the assignee shall be entitled to all of the rights and remedies of the Administrative Agent under this Pledge Agreement in relation thereto.

Appears in 1 contract

Sources: Pledge Agreement (Capitalsource Inc)

Assignment by the Administrative Agent. The Subject to any restrictions in the Credit Agreement with respect to the assignment of the Secured Obligations, the Administrative Agent may, in accordance with the Credit Agreement, may from time to time assign the Credit Party Secured Obligations or any portion thereof and/or the Pledged Collateral or any portion thereof to a successor Administrative Agent, and the assignee shall be entitled to all of the rights and remedies of the Administrative Agent under this Pledge Security Agreement in relation thereto.

Appears in 1 contract

Sources: Security Agreement (Mortons Restaurant Group Inc)

Assignment by the Administrative Agent. The Administrative Agent may, may from time to time and in accordance with the Credit Agreement, from time to time Agreement assign the Credit Party Secured Obligations or and any portion thereof and/or the Pledged Collateral or and any portion thereof to a successor Administrative Agentthereof, and the assignee shall be entitled to all of the rights and remedies of the Administrative Agent under this Pledge Security Agreement in relation thereto.

Appears in 1 contract

Sources: Revolving Credit Agreement (Delek US Holdings, Inc.)