Collateral Assignment of Purchase Agreement. The Collateral Assignment of Purchase Agreement executed by the Borrower in favor of Agent for the benefit of Lenders in respect of the Purchase Agreement and the Purchase Agreement Guaranty, which shall be in form and substance satisfactory to Agent.
Collateral Assignment of Purchase Agreement. A Collateral Assignment of Contract Rights from AmWINS Holdings, LLC, a Delaware limited liability company, with respect to the Purchase Agreement.
Collateral Assignment of Purchase Agreement. The --------------------------------------------- Collateral Assignment of Purchase Agreement, duly executed by Borrower, and the Consent to Collateral Assignment of Purchase Agreement, duly executed by NORTEL;
Collateral Assignment of Purchase Agreement. As collateral security for all obligations of Assignor under this Agreement, Assignor hereby assigns, transfers and sets over to Assignee all of Assignor’s rights and claims, but not its obligations unless expressly assumed in writing by Assignee, under the Purchase Agreement, provided that and so long as Assignee is not in default beyond any applicable notice, cure, and/or grace periods. The rights assigned hereunder include, and are not limited to, any and all rights and rights of enforcement of Assignor regarding warranties, representations, covenants and indemnities made by Seller under the Purchase Agreement. Upon the occurrence and during the continuance of a default by Assignor hereunder, provided that and so long as Assignee is not in default beyond any applicable notice, cure, and/or grace periods, Assignee may enforce, either in its own name or in the name of Assignor, all rights of Assignor under the Purchase Agreement, including, without limitation, to (i) bring suit to enforce any rights under the Purchase Agreement, (ii) compromise or settle any disputed claims as to rights under the Purchase Agreement, (iii) give releases or acquittances of rights under the Purchase Agreement, and/or (iv) do any and all things necessary, convenient, desirable or proper to fully and completely effectuate the collateral assignment of the rights under the Purchase Agreement pursuant hereto. Subject to Assignee’s performance of its obligations and so long as Assignee is not in default hereunder beyond any applicable notice, cure, and/or grace periods, Assignor hereby constitutes and appoints Assignee or Assignee’s designee as Assignor’s attorney-in-fact with full power in Assignor’s name, place and stead to do or accomplish any of the aforementioned undertakings upon the occurrence and during the continuance of a default hereunder and to execute such documents or instruments in the name or stead of Assignor as may be necessary, convenient, desirable or proper in Assignee’s sole discretion upon the occurrence and during the continuance of a default by Assignor hereunder. The aforementioned power of attorney shall be a power of attorney coupled with an interest and be irrevocable provided that and so long as Assignee is not in default beyond any applicable notice, cure, and/or grace periods. In the event any action is brought by Assignee to enforce any rights under any of the Purchase Agreement, Xxxxxxxx agrees to fully cooperate with and assist Assignee in the pr.