Common use of Assignment and Participation Clause in Contracts

Assignment and Participation. This Agreement and the Credit Documents shall bind and inure to the benefit of the Borrower and their respective successors and assigns and the Agent and the Banks and their respective successors and assigns. The Borrower may not assign its rights or delegate its duties under this Agreement or any Credit Document.

Appears in 9 contracts

Samples: Credit Agreement (Tetra Technologies Inc), Credit Agreement (Tyler Corp /New/), Credit Agreement (Core Laboratories N V)

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Assignment and Participation. This Agreement and the Credit Documents shall bind and inure to the benefit of the Borrower Borrowers and their respective successors and assigns and the Administrative Agent and the Banks and their respective successors and assigns. The Borrower Borrowers may not assign its their rights or delegate its their duties under this Agreement or any other Credit Document.

Appears in 1 contract

Samples: Credit Agreement (Susser Holdings CORP)

Assignment and Participation. This Agreement and the Credit Documents shall bind and inure to the benefit of the Borrower and their respective successors and assigns and the Administrative Agent and the Banks and their respective successors and assigns. The Borrower may not assign its rights or delegate its duties under this Agreement or any Credit Document.

Appears in 1 contract

Samples: Credit Agreement (Eagle Usa Airfreight Inc)

Assignment and Participation. This Agreement and the Credit Documents shall bind and inure to the benefit of the Borrower and their respective its successors and assigns and the Agent and the Banks and their respective successors and assigns. The Borrower may not assign its rights or delegate its duties under this Agreement or any Credit Document.

Appears in 1 contract

Samples: Credit Agreement (Team Inc)

Assignment and Participation. This Agreement and the other Credit Documents shall bind and inure to the benefit of the Borrower and their respective successors and assigns and the Administrative Agent and the Banks and their respective successors and assigns. The Borrower may not assign its rights or delegate its duties under this Agreement or any other Credit Document.

Appears in 1 contract

Samples: Credit Agreement (NBH Holdings Co Inc)

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Assignment and Participation. This Agreement and the Credit Documents shall bind and inure to the benefit of the Borrower and their its respective successors and assigns and the Agent and the Banks and their respective successors and assigns. The Borrower may not assign its rights or delegate its duties under this Agreement or any Credit Document.

Appears in 1 contract

Samples: Credit Agreement (Hydrochem Industrial Services Inc)

Assignment and Participation. This Agreement and the Credit Documents shall bind and inure to the benefit of the Borrower and their respective successors and assigns and the -52- Agent and the Banks and their respective successors and assigns. The Borrower may not assign its rights or delegate its duties under this Agreement or any Credit Document.

Appears in 1 contract

Samples: Credit Agreement (Tetra Technologies Inc)

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