Common use of Binding Agreement; Assignment Clause in Contracts

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or any cash or property held by the Pledgee as collateral under this Agreement.

Appears in 6 contracts

Samples: Credit Agreement (Gerber Scientific Inc), Pledge Agreement (Greenfield Online Inc), Pledge Agreement (Security Capital Group Inc/)

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Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, except that the no Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, Collateral or any part thereof, or any cash or property held by the Pledgee as collateral under this Agreement.

Appears in 5 contracts

Samples: Pledge Agreement (Miller Industries Inc /Tn/), Pledge Agreement (Baycorp Holdings LTD), Pledge Agreement (Baycorp Holdings LTD)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, except that the no Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or any cash or property held by the Pledgee Administrative Agent or any of the other Secured Parties as collateral under this Agreement, and any such assignment by a Pledgor shall be null and void absent the prior written consent of the Administrative Agent.

Appears in 4 contracts

Samples: Pledge Agreement (Select Income REIT), Credit Agreement (Select Income REIT), Closing Agreement (Select Income REIT)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that none of the Pledgor Pledgors shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or any cash or property held by the Pledgee Collateral Agent as collateral under this Agreement.

Appears in 4 contracts

Samples: Credit Agreement (Guilford Mills Inc), Subordinated Note and Warrant Purchase Agreement (Crown Crafts Inc), Credit Agreement (Guilford Mills Inc)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and hereto, their respective legal representatives, successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or otherwise pledge, encumber or grant any option with respect to the Collateral, or any part thereof, or any cash or property held by the Pledgee Secured Party as collateral Collateral under this Agreement.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Power John C /Ca/), Securities Pledge and Security Agreement (Accentia Biopharmaceuticals Inc), Pledge and Security Agreement (Redwood Microcap Fund Inc)

Binding Agreement; Assignment. This Agreement shall be binding ------------------------------ upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, Collateral or any part thereof, or otherwise pledge, encumber or grant any cash option with respect to the Pledged Collateral or property held by any part thereof, without the Pledgee as collateral under prior written consent of the Lender. The Lender may assign this AgreementAgreement and its rights and remedies hereunder in whole or in part to any assignee of the Obligation or any portion thereof.

Appears in 4 contracts

Samples: Pledge Agreement (Grupo TMM Sa), Pledge Agreement (Grupo TMM Sa), Pledge Agreement (Grupo TMM Sa)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Pledgor may not and shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, Collateral or any part thereof, or otherwise pledge, encumber or grant any cash option with respect to the Pledged Collateral or property held by any part thereof, without the Pledgee as collateral under prior written consent of the Lender. The Lender may assign this AgreementAgreement and its rights and remedies hereunder in whole or in part to any assignee of the Obligations or any portion thereof.

Appears in 3 contracts

Samples: Pledge Agreement (Feihe International Inc), Pledge Agreement (Feihe International Inc), Pledge Agreement (Emmaus Holdings, Inc.)

Binding Agreement; Assignment. This Agreement shall be ----------------------------- binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or any cash or property held by the Pledgee as collateral under this Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Harrys Farmers Market Inc), Pledge Agreement (Security Capital Group Inc/), Pledge Agreement (Zynaxis Inc)

Binding Agreement; Assignment. This Agreement Agreement, and the terms, covenants and conditions hereof, shall be binding upon and inure to the benefit of the parties hereto hereto, and their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or otherwise pledge, encumber or grant any option with respect to the Collateral, or any part thereof, or any cash or property held by the Pledgee as collateral under this Agreement, without the prior written consent of the Pledgee.

Appears in 3 contracts

Samples: Capital Loan Agreement (Abc Bancorp), Bridge Loan Agreement (Keystone Consolidated Industries Inc), Stock Pledge Agreement (Keystone Consolidated Industries Inc)

Binding Agreement; Assignment. This Agreement shall be binding ----------------------------- upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, Collateral or any part thereof, or otherwise pledge, encumber or grant any cash option with respect to the Pledged Collateral or property held by any part thereof, without the Pledgee as collateral under prior written consent of the Lender. The Lender may assign this AgreementAgreement and its rights and remedies hereunder in whole or in part to any assignee of the Obligation or any portion thereof.

Appears in 3 contracts

Samples: Pledge Agreement (Grupo TMM Sa), Pledge Agreement (Grupo TMM Sa), Pledge Agreement (Grupo TMM Sa)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, except that the no Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, Collateral or any part thereof, or thereof and any cash or property held such assignment by a Pledgor shall be null and void absent the Pledgee as collateral under this Agreementprior written consent of the Pledgee.

Appears in 2 contracts

Samples: Credit Agreement (Morgans Hotel Group Co.), Credit Agreement (Ashford Hospitality Trust Inc)

Binding Agreement; Assignment. This Agreement Agreement, and the terms, covenants and conditions hereof, shall be binding upon and inure to the benefit of the parties hereto hereto, and their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or otherwise grant any cash option with respect to the Collateral, or property held by the Pledgee as collateral under this Agreementany part thereof.

Appears in 2 contracts

Samples: Pledge Agreement (Worldport Communications Inc), Pledge Agreement (Worldport Communications Inc)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, Collateral or any part thereof, or otherwise pledge, encumber or grant any cash option with respect to the Pledged Collateral or property held by any part thereof, without the Pledgee as collateral under prior written consent of the Lender. The Lender may assign this AgreementAgreement and its rights and remedies hereunder in whole or in part to any assignee of the Obligations or any portion thereof.

Appears in 2 contracts

Samples: Pledge Agreement (Rocky Mountain Energy Corp), Loan Agreement (It&e International Group)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Pledgor Pledgors shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or any cash or property held by the Pledgee Collateral Agent as collateral under this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Gerber Scientific Inc), Credit Agreement (Gerber Scientific Inc)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the no Pledgor shall not be permitted to can assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or any cash or property held by the Pledgee Agent or any Lender as collateral under this Agreement.

Appears in 2 contracts

Samples: Construction Loan Agreement (Corporate Office Properties Trust), Construction Loan Agreement (Corporate Office Properties Trust)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, except that the no Pledgor shall not be permitted to assign this Pledge Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or any cash or property held by the Pledgee as collateral under this Pledge Agreement.

Appears in 1 contract

Samples: Credit Agreement (Physicians Specialty Corp)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assignspermitted assigns under the Credit Agreement, except that the no Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, Collateral or any part thereofthereof and any such assignment by a Pledgor shall be null and void absent the prior written consent of the Pledgee. Without limiting the foregoing, or any cash or property held by the Pledgee as collateral Derivatives Contracts Beneficiaries may only assign their rights under this agreement in accordance with the applicable provisions of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Ashford Hospitality Trust Inc)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, except that the no Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or any cash or property held by the Pledgee Agent or any of the other Secured Parties as collateral under this Agreement, and any such assignment by a Pledgor shall be null and void absent the prior written consent of the Agent.

Appears in 1 contract

Samples: Credit Agreement (U-Store-It Trust)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and hereto, their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged CollateralSecurities, or any part thereof, or otherwise pledge, encumber or grant any option with respect to the Pledged Securities, or any part thereof, or any cash or property held by the Pledgee Lender as collateral Pledged Securities under this Agreement.

Appears in 1 contract

Samples: Stock Pledge Agreement (Palweb Corp)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Bond Collateral, or any part thereof, or any cash or property held by the Pledgee Lender as collateral under this Agreement except as expressly permitted in the Loan Agreement.

Appears in 1 contract

Samples: Bond Pledge Agreement

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and hereto, their respective successors legal representatives, heirs, successors, and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or otherwise pledge, encumber or grant any option with respect to the Collateral, or any part thereof, or any cash or property held by the Pledgee TENT as collateral Collateral under this Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Total Entertainment Restaurant Corp)

Binding Agreement; Assignment. This The Agreement shall be binding ----------------------------- upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or any cash or property held by the Pledgee as collateral under this Agreement.

Appears in 1 contract

Samples: Guarantor Pledge Agreement (Security Capital Group Inc/)

Binding Agreement; Assignment. This Agreement shall be binding ----------------------------- upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or any cash or property held by the Pledgee as collateral under this Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Harrys Farmers Market Inc)

Binding Agreement; Assignment. This Agreement shall be binding ------------------------------ upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, Collateral or any part thereof, or otherwise pledge, encumber or grant any cash option with respect to the Pledged Collateral or property held by any part thereof; without the Pledgee as collateral under prior written consent of the Lender. The Lender may assign this AgreementAgreement and its rights and remedies hereunder in whole or in part to any assignee of the Obligation or any portion thereof.

Appears in 1 contract

Samples: Pledge Agreement (Grupo TMM Sa)

Binding Agreement; Assignment. This Agreement Agreement, and the terms, covenants and conditions hereof, shall be binding upon and inure to the benefit of the parties hereto hereto, and their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or otherwise grant any cash option with respect to the Collateral, or property held by the Pledgee as collateral under this Agreementany part thereof. The obligations of Pledgor hereunder are joint and several.

Appears in 1 contract

Samples: Pledge Agreement (Fargo Electronics Inc)

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Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective executors, administrators, successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein herein, or in the Pledged Collateral, or any part thereof, or otherwise pledge, encumber or grant any option with respect to the Pledged Collateral, or any part thereof, or any cash or property held by the Pledgee Pledgees as collateral Pledged Collateral under this Agreement, without the prior written consent of the Pledgees.

Appears in 1 contract

Samples: Pledge Agreement (Emerald Dairy Inc)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, except that the Pledgor shall not be permitted to assign this Pledge Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or any cash or property held by the Pledgee as collateral under this Pledge Agreement.

Appears in 1 contract

Samples: Credit Agreement (Physicians Specialty Corp)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective executors, administrators, successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein herein, or in the Pledged Collateral, or any part thereof, or otherwise pledge, encumber or grant any option with respect to the Pledged Collateral, or any part thereof, or any cash or property held by the Pledge Agent or Pledgee as collateral Pledged Collateral under this Agreement, without the prior written consent of the Pledgee.

Appears in 1 contract

Samples: Pledge Agreement (Vsus Technologies Inc)

Binding Agreement; Assignment. This Agreement shall be ----------------------------- binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or any cash or property held by the Pledgee as collateral under this Agreement.

Appears in 1 contract

Samples: Stock Pledge Agreement (National Data Corp)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and hereto, their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged CollateralSecurities, or any part thereof, or otherwise pledge, encumber or grant any option with respect to the Pledged Securities, or any part thereof, or any cash or property held by the Pledgee Lessor as collateral Pledged Securities under this Agreement.

Appears in 1 contract

Samples: Stock Pledge Agreement (Palweb Corp)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, Collateral or any part thereof, or otherwise pledge, encumber or grant any cash option with respect to the Pledged Collateral or property held by any part thereof, without the Pledgee as collateral under prior written consent of the Secured Party. The Secured Party may assign this AgreementAgreement and its rights and remedies hereunder in whole or in part to any assignee of the Obligations or any portion thereof.

Appears in 1 contract

Samples: Credit Agreement (V Band Corporation)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, Collateral or any part thereof, or thereof and any cash or property held such assignment by the Pledgee as collateral under this AgreementPledgor shall be null and void absent the prior written consent of the Pledgee.

Appears in 1 contract

Samples: Credit Agreement (Morgans Hotel Group Co.)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or any cash or property held by the Pledgee Collateral Agent as collateral under this Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Gold Kist Inc)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and hereto, their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged CollateralSecurities, or any part thereof, or otherwise pledge, encumber or grant any option with respect to the Pledged Securities, or any part thereof, or any cash or property held by the Pledgee Bank as collateral Pledged Securities under this Agreement.

Appears in 1 contract

Samples: Pledge, Assignment and Security Agreement (Palweb Corp)

Binding Agreement; Assignment. This Agreement Pledge, and the terms, covenants and conditions hereof, shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or otherwise pledge, encumber or grant any cash option with respect to the Pledged Collateral, or property held by the Pledgee as collateral under this Agreementany part thereof.

Appears in 1 contract

Samples: Pledge Agreement (Sillerman Robert F X)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their heirs, respective successors and permitted assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or any cash or property held by the Pledgee as collateral under this Agreement.

Appears in 1 contract

Samples: Credit Agreement (RMR Asia Pacific Real Estate Fund)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assignsassigns (including, without limitation, liquidators and trustees), except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or any cash or property held by the Pledgee as collateral under this Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Verso Technologies Inc)

Binding Agreement; Assignment. This Agreement Agreement, and the terms, covenants and conditions hereof, shall be binding upon and inure to the benefit of the parties hereto hereto, and to their respective successors and assigns, except that the no Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or otherwise pledge, encumber or grant any option with respect to the Collateral, or any part thereof, or any cash or property held by the Pledgee Agent as collateral Collateral under this Agreement, except as permitted by the Loan Agreement.

Appears in 1 contract

Samples: Stock Pledge Agreement (Danka Business Systems PLC)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective executors, administrators, successors and assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein herein, or in the Pledged Collateral, or any part thereof, or otherwise pledge, encumber or grant any option with respect to the Pledged Collateral, or any part thereof, or any cash or property held by the Pledgee as collateral Pledged Collateral under this Agreement, without the prior written consent of the Pledgee.

Appears in 1 contract

Samples: Pledge Agreement (Emerald Dairy Inc)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, except that the Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, Collateral or any part thereof, or thereof and any cash or property held such assignment by Pledgor shall be null and void absent the Pledgee as collateral under this Agreementprior written consent of the Secured Party.

Appears in 1 contract

Samples: Pledge Agreement (Riley Bryant R)

Binding Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, except that the no Pledgor shall not be permitted to assign this Agreement or any interest herein or in the Pledged Collateral, or any part thereof, or any cash or property held by the Pledgee Agent or any Lender as collateral under this Agreement, and any such assignment by a Pledgor shall be null and void absent the prior written consent of the Agent.

Appears in 1 contract

Samples: Pledge Agreement (U-Store-It Trust)

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