Subsequent Transferee. Investor agrees that if Collateral Agent shall notify Investor in writing that Collateral Agent has elected to exercise its rights and remedies with respect to foreclosure (whether judicial or nonjudicial) or sale under the Security Agreement or Pledge Agreement, then any purchaser, successor, assignee or designee (as the case may be, in each case, a “Subsequent Transferee”) shall be substituted for the Collateral Agent under this Consent.
Appears in 2 contracts
Sources: Equity Contribution and Purchase Agreement (First Wind Holdings Inc.), Equity Contribution and Purchase Agreement (First Wind Holdings Inc.)