Common use of Benefit of Agreement; Assignment Clause in Contracts

Benefit of Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns and in particular any holder from time to time of any Tranche A Note or Tranche B Note. Subject to the following proviso, neither Lessor, Lessee, Indenture Trustee, nor any Tranche B Lender without the prior written consent of each other party hereto, may assign any or all of its rights or obligations hereunder or under any other Operative Document to which it is a party; provided, however,

Appears in 3 contracts

Samples: Participation Agreement (Universal Compression Holdings Inc), Participation Agreement (Universal Compression Inc), Participation Agreement (BRL Universal Equipment Corp)

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Benefit of Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns and in particular any holder from time to time of any Tranche A Note or Tranche B Note. Subject to the following proviso, neither Lessor, Lessee, Indenture Trustee, Lessee nor any Tranche B Certificate Holder or Lender without the prior written consent of each other party hereto, may assign any or all of its rights or obligations hereunder or under any other Operative Document to which it is a party; provided, however,

Appears in 2 contracts

Samples: Participation Agreement (Universal Compression Holdings Inc), Participation Agreement (Universal Compression Inc)

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Benefit of Agreement; Assignment. This Agreement shall be ---------------------------------- binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns and in particular any holder from time to time of any Tranche A Note or Tranche B Note. Subject to the following proviso, neither Lessor, Lessee, Indenture Trustee, nor any Tranche B Lender without the prior written consent of each other party hereto, may assign any or all of its rights or obligations hereunder or under any other Operative Document to which it is a party; provided, however,, -------- -------

Appears in 1 contract

Samples: Participation Agreement (BRL Universal Equipment Corp)

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