Common use of Assignment by way of Security Clause in Contracts

Assignment by way of Security. Either Party may assign its rights under this Agreement by way of security to or in favour of any bank or financial institution in relation to the financing of that Party’s business activities.

Assignment by way of Security. Either Subject to Clause 12.5, either Party may assign all, but not some only, of its rights under this Agreement by way of security to or in favour of any bank or financial institution in relation to the financing of that Party’s 's business activities.