Common use of Amendments, Waivers and Consents;  Successors and Assigns Clause in Contracts

Amendments, Waivers and Consents;  Successors and Assigns. Neither this Agreement nor any other Finance Document nor any of the terms hereof or thereof may be amended, modified, changed, waived, discharged or terminated, nor shall any consent be given, unless such amendment, modification, change, waiver, discharge, termination or consent is in writing signed by Secured Party and Debtor. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the Secured Obligations have been fully paid and satisfied and this Agreement has been terminated, (ii) be binding upon Debtor and its successors and assigns, and (iii) inure, together with the rights and remedies of Secured Party hereunder, to the benefit of Secured Party and Secured Party’s successors, transferees and assigns. This Agreement may not be assigned by Debtor without prior written consent of Secured Party, which consent may be withheld in Secured Party’s sole discretion.

Appears in 13 contracts

Samples: Security Agreement (Egpi Firecreek, Inc.), Amended and Restated Security Agreement (Future Now Group Inc.), Security Agreement (Logistical Support, Inc)

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Amendments, Waivers and Consents;  Successors and Assigns. Neither this This Agreement nor any other Finance Document nor any of the terms hereof or thereof may not be amended, modified, changed, waived, discharged or terminated, nor shall any consent be given, unless such amendment, modification, change, waiver, discharge, termination or consent is in writing signed by Secured Party and DebtorDebtors. This Agreement shall create a continuing security interest in the Collateral and shall (i) remain in full force and effect until the Secured Obligations have been fully paid and satisfied and this Agreement has been terminated, (ii) be binding upon each Debtor and its each Debtor’s successors and assigns, and (iii) inure, together with the rights and remedies of Secured Party hereunder, to the benefit of Secured Party and Secured Party’s successors, transferees and assigns. This Agreement may not be assigned by Debtor Debtors without the prior written consent of Secured Party, which consent may be withheld in Secured Party’s sole discretion.

Appears in 1 contract

Samples: Security Agreement (Aemetis, Inc)

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