Common use of Agreement Binding; Assignment Clause in Contracts

Agreement Binding; Assignment. This Security Agreement shall be binding and deemed effective when executed by Debtor and Lender. This Security Agreement shall bind and inure to the benefit of the respective successors and assigns of each of the parties; provided, however, that Debtor may not assign this Security Agreement or any rights hereunder without Lender’s prior written consent and any prohibited assignment shall be absolutely void. No consent to an assignment by Lender shall release Debtor or any guarantor from their obligations to Lender. Lender reserves the right to sell, assign, transfer, negotiate or grant participations in all or any part of, or any interest in, any Lender’s rights and benefits hereunder to the extent and in the manner provided for in Section 9.04 of the Credit Agreement. In connection therewith, Lender may disclose all documents and information which Lender now have or hereafter may have relating to Debtor or Debtor’s business, subject to Debtor’s reasonable confidentiality requirements and the provisions of Section 9.3 hereof.

Agreement Binding; Assignment. This Security Agreement shall be binding and deemed effective when executed by Debtor and LenderAgent. This Security Agreement shall bind and inure to the benefit of the respective successors and assigns of each of the parties; provided, however, that Debtor may not assign this Security Agreement or any rights hereunder without LenderAgent’s prior written consent and any prohibited assignment shall be absolutely void. No consent to an assignment by Lender Agent shall release Debtor or any guarantor from their obligations to LenderAgent or Lenders. Lender Agent reserves the right to sell, assign, transfer, negotiate or grant participations in all or any part of, or any interest in, any LenderAgent’s rights and benefits hereunder to the extent and in the manner provided for in Section 9.04 10.4 of the Credit Agreement. In connection therewith, Lender Agent or Lenders (or such Lender) may disclose all documents and information which Agent or any Lender now have or hereafter may have relating to Debtor or Debtor’s business, subject to Debtor’s reasonable confidentiality requirements and the provisions of Section 9.3 hereof.

Agreement Binding; Assignment. This Security Pledge Agreement shall be binding and deemed effective when executed by Debtor and Lender. This Security Pledge Agreement shall bind and inure to the benefit of the respective successors and assigns of each of the parties; provided, however, that Debtor may not assign this Security Agreement Pledge Agreement, or any rights hereunder without Lender’s prior written consent and any prohibited assignment shall be absolutely void. No consent to an assignment by Lender shall release Debtor or any guarantor from their its obligations to Lender. Lender and each Lender reserves the right to sell, assign, transfer, negotiate or grant participations in all or any part of, or any interest in, any Lender’s or such Lender’s rights and benefits hereunder to the extent and in the manner provided for in Section 9.04 10.04 of the Credit Agreement. In connection therewith, Lender may disclose all documents and information which that Lender now have has or hereafter may have relating to Debtor or Debtor’s business, subject to Debtor’s reasonable confidentiality requirements and the provisions of Section 9.3 15.3 hereof.