Common use of Assignments; No Third Party Beneficiaries Clause in Contracts

Assignments; No Third Party Beneficiaries. This Agreement shall be binding upon and inure to the benefit of each of the Companies, the Lenders, the Agent and their respective successors and assigns; provided that no Company shall be entitled to delegate any of its duties hereunder and shall not assign any of its rights or remedies set forth in this Agreement without the prior written consent of the Agent in its sole discretion. No Person other than the parties hereto (and in the case of Section 7 hereof, the Releasees) shall have any rights hereunder or be entitled to rely on this Agreement and all third-party beneficiary rights (other than the rights of the Releasees under Section 7 hereof) are hereby expressly disclaimed.

Appears in 7 contracts

Samples: Forbearance Agreement (Wave2Wave Communications, Inc.), Forbearance Agreement (Wave2Wave Communications, Inc.), Forbearance Agreement (Wave2Wave Communications, Inc.)

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Assignments; No Third Party Beneficiaries. This Agreement shall be binding upon and inure to the benefit of each of the CompaniesBorrower, the Lendersother Loan Parties, the Agent Lender Parties and their respective successors and assigns; provided provided, that no Company neither Borrower nor any other Loan Party shall be entitled to delegate any of its duties hereunder and shall not or to assign any of its rights or remedies set forth in this Agreement without the prior written consent of the Agent in its sole discretion. No Person other than the parties hereto (hereto, and in the case of Section 7 6 hereof, the Releasees) , shall have any rights hereunder or be entitled to rely on this Agreement and all third-party beneficiary rights (other than the rights of the Releasees under Section 7 6 hereof) are hereby expressly disclaimed.

Appears in 2 contracts

Samples: Forbearance Agreement and Amendment to Credit Agreement (Gulfport Energy Corp), Forbearance Agreement and Amendment to Credit Agreement (Gulfport Energy Corp)

Assignments; No Third Party Beneficiaries. This Agreement shall be binding upon and inure to the benefit of each of the CompaniesBorrower, the Lenders, Lenders and the Agent other Secured Parties and their respective successors and assigns; provided provided, that no Company Borrower shall not be entitled to delegate any of its duties hereunder and shall not assign any of its rights or remedies set forth in this Agreement without the prior written consent of the Administrative Agent in its sole discretion. No Person other than the parties hereto (hereto, and in the case of Section 7 8 hereof, the Releasees) , shall have any rights hereunder or be entitled to rely on this Agreement and all third-party beneficiary rights (other than the rights of the Releasees under Section 7 8 hereof) are hereby expressly disclaimed.

Appears in 1 contract

Samples: Credit Agreement (Great American Group, Inc.)

Assignments; No Third Party Beneficiaries. This Agreement shall be binding upon and inure to the benefit of each of the CompaniesBorrowers, the Lenders, the Agent Lender and their respective successors and assigns; provided provided, that no Company Borrower shall be entitled to delegate any of its duties hereunder and shall not assign any of its rights or remedies set forth in this Agreement without the prior written consent of the Agent Lender in its sole discretion. No Person other than the parties hereto (and in the case of Section 7 6 hereof, the Releasees) shall have any rights hereunder or be entitled to rely on this Agreement and all third-party beneficiary rights (other than the rights of the Releasees under Section 7 6 hereof) are hereby expressly disclaimed.

Appears in 1 contract

Samples: Forbearance Agreement and Amendment to Loan Agreement (American Defense Systems Inc)

Assignments; No Third Party Beneficiaries. This Agreement shall be binding upon and inure to the benefit of each of the Companies, the LendersLender, the Agent and their respective successors and assigns; provided that no Company shall be entitled to delegate any of its duties hereunder and shall not assign any of its rights or remedies set forth in this Agreement without the prior written consent of the Agent in its sole discretion. No Person other than the parties hereto (and in the case of Section 7 10 hereof, the Releasees) shall have any rights hereunder or be entitled to rely on this Agreement and all third-party beneficiary rights (other than the rights of the Releasees under Section 7 10 hereof) are hereby expressly disclaimed.

Appears in 1 contract

Samples: Forbearance Agreement and Third Amendment to Amended and Restated Securities Purchase Agreement (Qsgi Inc.)

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Assignments; No Third Party Beneficiaries. This Agreement shall be binding upon and inure to the benefit of each of the CompaniesLoan Parties, the Lenders, the Agent Lender Parties and their respective successors and assigns; provided provided, that no Company Loan Party shall be entitled to delegate any of its duties hereunder and shall not assign any of its rights or remedies set forth in this Agreement without the prior written consent of the Administrative Agent in its sole discretion. No Person other than the parties hereto (and in the case of Section 7 6 hereof, the Releasees) shall have any rights hereunder or be entitled to rely on this Agreement and all third-party beneficiary rights (other than the rights of the Releasees under Section 7 6 hereof) are hereby expressly disclaimed.

Appears in 1 contract

Samples: Forbearance Agreement and Second Amendment to Credit Agreement (Buffets Holdings, Inc.)

Assignments; No Third Party Beneficiaries. This Agreement shall be binding upon and inure to the benefit of each of the CompaniesLoan Parties, the Lenders, the Agent Lenders and their respective successors and assigns; provided provided, that no Company Loan Party shall be entitled to delegate any of its duties hereunder and shall not assign any of its rights or remedies set forth in this Agreement without the prior written consent of the Administrative Agent in its sole discretion. No Person other than the parties hereto (hereto, and in the case of Section 7 3 hereof, the Releasees) , shall have any rights hereunder or be entitled to rely on this Agreement and all third-party beneficiary rights (other than the rights of the Releasees under Section 7 3 hereof) are hereby expressly disclaimed.

Appears in 1 contract

Samples: Forbearance Agreement and Second Amendment to Credit Agreement (Buffets Holdings, Inc.)

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