Assignment by the Lenders. The Lenders may at any time assign or otherwise transfer all or any portion of their rights and obligations as Lenders under this Agreement, the Purchase Agreement and the other Collateral Documents (including, without limitation, the Indebtedness) to any other Person, to the extent permitted by, and upon the conditions contained in, the Purchase Agreement and such Person shall thereupon become vested with all the benefits and obligations thereof granted to the Lenders herein or otherwise.
Appears in 3 contracts
Sources: Security Agreement (Austin Ventures Vi L P), Security Agreement (724 Solutions Inc), Security Agreement (Austin Ventures Vi L P)