Assignment; Participation. (a) This Agreement shall be binding upon, and shall inure to the benefit of, Borrower, Administrative Agent, the Banks and their respective successors and permitted assigns. Neither the Borrower nor the General Partner may assign or transfer any of its rights or obligations hereunder or under any other Loan Document without the prior written consent of all the Banks (and any attempted such assignment or transfer without such consent shall be null and void).
Appears in 3 contracts
Samples: Assignment and Assumption Agreement (Vornado Realty Trust), Revolving Credit Agreement (Vornado Realty Lp), Revolving Credit Agreement (Vornado Realty Trust)
Assignment; Participation. (a) This Agreement shall be binding upon, and shall inure to the benefit of, Borrower, Administrative Agent, the Banks and their respective successors and permitted assigns. Neither Except as provided in Section 7.01, the Borrower nor the General Partner may not assign or transfer any of its rights or obligations hereunder or under any other Loan Document without the prior written consent of all the Banks (and any attempted such assignment or transfer without such consent shall be null and void).
Appears in 2 contracts
Samples: Assignment and Assumption Agreement (Vornado Realty Lp), Assignment and Assumption Agreement (Vornado Realty Trust)
Assignment; Participation. (a) This Agreement shall be binding upon, and shall inure to the benefit of, Borrower, Administrative Agent, the Banks and their respective successors and permitted assigns. Neither the Borrower nor the General Partner may not assign or transfer any of its rights or obligations hereunder or under any other Loan Document without the prior written consent of all the Banks (and any attempted such assignment or transfer without such consent shall be null and void)hereunder.
Appears in 2 contracts
Samples: Revolving Loan Agreement (Bay Apartment Communities Inc), Assignment and Assumption Agreement (Vornado Realty Lp)
Assignment; Participation. (a) This Agreement shall be binding upon, and shall inure to the benefit of, the Borrower, Administrative Agent, the Banks Bank and their respective successors and permitted assigns. Neither , except that the Borrower nor the General Partner may not assign or transfer any of its their rights or obligations hereunder or under any other Loan Document without the prior written consent of all the Banks (and any attempted such assignment or transfer without such consent shall be null and void)hereunder.
Appears in 1 contract
