Common use of Assignment by the Pledgee Clause in Contracts

Assignment by the Pledgee. The Pledgee may from time to time assign the Secured Obligations and any portion thereof and/or, upon and following an Event of Default, the Collateral and any portion thereof, and the assignee shall be entitled to all of the rights and remedies of the Pledgee under this Agreement in relation thereto.

Appears in 3 contracts

Sources: Company Pledge and Security Agreement (Umami Sustainable Seafood Inc.), Company Pledge and Security Agreement (Lapis Technologies Inc), Company Pledge and Security Agreement (Umami Sustainable Seafood Inc.)

Assignment by the Pledgee. The Pledgee may from time to time assign the Secured Obligations and any portion thereof and/or, upon and following an Event of Default, and/or the Collateral and any portion thereof, and the assignee shall be entitled to all of the rights and remedies of the Pledgee under this Agreement in relation thereto.

Appears in 1 contract

Sources: Equity Pledge Agreement (PetroAlgae Inc.)