Assignment by the Chargor Sample Clauses

The "Assignment by the Chargor" clause governs the circumstances under which the chargor (the party granting a security interest) may transfer or assign its rights or obligations under the agreement. Typically, this clause restricts the chargor from assigning its interests without the prior written consent of the chargee (the secured party), ensuring that the chargee maintains control over who holds the obligations and rights under the security arrangement. By imposing these restrictions, the clause protects the chargee from unwanted changes in the identity or creditworthiness of the chargor, thereby preserving the integrity and enforceability of the security interest.
Assignment by the Chargor. The Chargor shall not be entitled to assign or transfer any of its rights, benefits or obligations under this Deed without the prior written consent of the Lender.
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Assignment by the Chargor. The Chargor may not assign or transfer, or attempt to assign or transfer, any of its rights or obligations under this Security Agreement.
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Assignment by the Chargor. None of the rights and obligations of the Chargor under this Debenture shall be capable of being assigned or transferred.
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Related to Assignment by the Chargor

  • Assignment by the Company The rights, interests or obligations of the Company hereunder may not be assigned, by operation of law or otherwise, in whole or in part, by the Company without the prior written consent of the Investor.

  • Assignment by the Seller The Seller shall assign (exclusive of the Seller’s rights arising under Section 8.02(iii) and 8.03), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

  • Assignment by the Depositor or the Servicer Notwithstanding anything to the contrary contained herein, except as provided in Sections 6.04 and 7.03 herein and as provided in the provisions of this Agreement concerning the resignation of the Servicer, this Agreement may not be assigned by the Depositor or the Servicer.

  • Assignment by the Seller or the Servicer Notwithstanding anything to the contrary contained herein, except as provided in Sections 6.04 and 7.03 of this Agreement and as provided in the provisions of this Agreement concerning the resignation or termination of the Servicer, this Agreement may not be assigned by the Seller or the Servicer.

  • Assignment by the Executive This Agreement will inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.