Common use of Assignment of Liabilities Clause in Contracts

Assignment of Liabilities. The Bank may, from time to time to the ------------------------- extent permitted under the Loan Agreement, without notice to the undersigned (or any of them) assign or transfer any or all of the Liabilities or any interest therein; and, notwithstanding any such assignment or transfer or any subsequent assignment or transfer thereof, such Liabilities shall be and remain Liabilities for the purposes of this guaranty, and each and every immediate and successive assignee or transferee of any of the Liabilities or any interest therein shall, to the extent of the interest of such assignee or transferee in the Liabilities, be entitled to the benefits of this guaranty to the same extent as if such assignee or transferee were the Bank.

Assignment of Liabilities. The Any Bank may, from time to time to the ------------------------- extent permitted under the Loan Agreementtime, whether before or after any discontinuance of this guaranty, without notice to the undersigned (or any of them) undersigned, assign or transfer any or all of the Liabilities or any interest therein; and, notwithstanding any such assignment or transfer or any subsequent assignment or transfer thereof, such Liabilities shall be and remain Liabilities for the purposes of this guaranty, and each and every immediate and successive assignee or transferee of any of the Liabilities or of any interest therein shall, to the extent of the interest of such assignee or transferee in the Liabilities, be entitled to the benefits of this guaranty to the same extent as if such assignee or transferee were the Bankguaranty.