Lender’s Right to Assign. Lender may assign, negotiate, pledge, or otherwise hypothecate this Agreement or any of its rights and security, including the RCA. Borrower shall accord full recognition to any assignment made under these terms, and agrees that all rights and remedies of Lender in connection with the interest assigned shall be enforceable against Borrower by the assignee bank with the same force and effect and to the same extent as would have been available to Lender but for such assignment.
Appears in 2 contracts
Sources: Revolving Credit Agreement (Specialty Contractors, Inc.), Revolving Credit Arrangement (Specialty Contractors, Inc.)