Transfer of Collateral. Secured Party may transfer any or all of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be vested with all rights, powers and remedies of Secured Party hereunder.
Appears in 7 contracts
Sources: Security Agreement (Western Pacific Airlines Inc /De/), Security Agreement (Triathlon Broadcasting Co), Indenture (Brigham Holdings Ii LLC)
Transfer of Collateral. Subject to the terms of the Credit Agreement, Secured Party may transfer any or all of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be vested with all rights, powers powers, duties and remedies of Secured Party hereunder.
Appears in 7 contracts
Sources: Pledge and Security Agreement (Williams Randa Duncan), Pledge and Security Agreement (Williams Randa Duncan), Pledge and Security Agreement (Williams Randa Duncan)
Transfer of Collateral. Secured Party may transfer assign its rights in Collateral or any or all of the Obligations, and upon part thereof to any such transfer Secured Party may transfer its interest in any or all of the Collateral and assignee who shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be thereupon become vested with all rights, the powers and remedies of rights herein given to Secured Party hereunderwith respect to the property so transferred and delivered, and Secured Party shall thereafter be forever relieved and fully discharged from any liability with respect to such property so transferred, but with respect to any property not so transferred, Secured Party shall retain all rights and powers hereby given.
Appears in 6 contracts
Sources: Loan Agreement (Jerrick Media Holdings, Inc.), Security Agreement (Jerrick Media Holdings, Inc.), Security Agreement (Mecklermedia Corp)
Transfer of Collateral. Subject to the terms of the Credit ----------------------- Agreement, Secured Party may transfer any or all of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be vested with all rights, powers powers, duties and remedies of Secured Party hereunder.
Appears in 3 contracts
Sources: Pledge and Security Agreement (St Mary Land & Exploration Co), Credit Agreement (St Mary Land & Exploration Co), Pledge and Security Agreement (St Mary Land & Exploration Co)
Transfer of Collateral. To the extent permitted and in the manner required by the Credit Agreement, Secured Party may transfer any or all of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be vested with all rights, powers and remedies of Secured Party hereunder.
Appears in 3 contracts
Sources: Pledge and Security Agreement (Corrida Resources Inc), Pledge and Security Agreement (Corrida Resources Inc), Security Agreement (Corrida Resources Inc)
Transfer of Collateral. Subject to the terms of the Credit ---------------------- Agreement, Secured Party may transfer any or all of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be vested with all rights, powers powers, duties and remedies of Secured Party hereunder.
Appears in 2 contracts
Sources: Pledge and Security Agreement (St Mary Land & Exploration Co), Pledge and Security Agreement (St Mary Land & Exploration Co)
Transfer of Collateral. Upon the transfer of all or any part of the Indebtedness, Secured Party may transfer all or any or all part of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral collateral and shall be fully discharged thereafter from all liability therefor. Any and responsibility with respect to such collateral so transferred, and the transferee of the Collateral shall be vested with all rights, the rights and powers and remedies of Secured Party hereunderhereunder with respect to such collateral so transferred; but with respect to any collateral not so transferred Secured Party shall retain all rights and powers hereby given.
Appears in 2 contracts
Sources: Subordinated Credit Agreement (Ats Medical Inc), Security Agreement (Vans Inc)
Transfer of Collateral. Subject to the terms of the Credit Agreement, Secured Party may transfer any or all of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be vested with all rights, powers and remedies of Secured Party hereunder.
Appears in 1 contract
Transfer of Collateral. Subject to the provisions of the Credit Agreement, Secured Party may transfer any or all of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be vested with all rights, powers and remedies of Secured Party hereunder.
Appears in 1 contract
Transfer of Collateral. The Secured Party may transfer any or all of the Obligations, and upon any such transfer the Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be vested with all rights, powers and remedies of the Secured Party hereunder.
Appears in 1 contract
Transfer of Collateral. Secured Party may transfer any or all of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be vested with all rights, powers powers, and remedies of Secured Party hereunder.
Appears in 1 contract
Sources: Pledge and Security Agreement (New Stat Healthcare Inc)
Transfer of Collateral. Upon the transfer of all or any part of the Indebtedness, Secured Party may transfer all or any or all part of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral collateral and shall be fully discharged thereafter from all liability therefor. Any and responsibility with respect to such collateral so transferred, and the transferee of the Collateral shall be vested with all rights, the rights and powers and remedies of Secured Party hereunder.hereunder with respect to such collateral so transferred; but with respect to any collateral not so transferred Secured Party shall retain all rights and powers hereby given. ------------------------------------------------------------------------------
Appears in 1 contract
Sources: Business Loan Agreement (Medical Science Systems Inc)
Transfer of Collateral. Upon the occurrence and during the continuance of an Event of Default, Secured Party may transfer any or all of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor. Any transferee of the Collateral shall be vested with all rights, powers and remedies of Secured Party hereunder.
Appears in 1 contract
Sources: Asset Purchase Agreement (Sbe Inc)
Transfer of Collateral. Upon reasonable notice to Debtor, Secured Party may transfer any or all of the Obligations, and upon any such transfer Secured Party may transfer its interest in any or all of the Collateral and shall be fully discharged thereafter from all liability therefor, other than liabilities arising prior to the date of such transfer. Any transferee of the Collateral shall be vested with all rights, powers and remedies of Secured Party hereunder.
Appears in 1 contract
Sources: Security Agreement (Kinder Morgan Energy Partners Lp)