Common use of Binding Agreement; Assignments Clause in Contracts

Binding Agreement; Assignments. This Agreement, 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 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 Collateral Agent as Collateral under this Agreement, except as contemplated by this Agreement or the other Financing Documents.

Appears in 2 contracts

Samples: Pledge Agreement (Allegheny Energy, Inc), Pledge Agreement (Allegheny Energy, Inc)

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Binding Agreement; Assignments. This Agreement, 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 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 Collateral Agent Secured Party as Collateral under this Agreement, except as contemplated by this Agreement or the other Financing DocumentsAgreement.

Appears in 2 contracts

Samples: Pledge Agreement (Ameritrans Capital Corp), Stock Pledge Agreement (Ameritrans Capital Corp)

Binding Agreement; Assignments. This Agreement, 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 permitted assigns, except that the Pledgor Pledgors shall not be permitted to assign this Agreement or any interest herein or in the 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 Collateral Security Agent as Collateral under this Agreement, except as contemplated by this Agreement or the other Financing DocumentsAgreement.

Appears in 1 contract

Samples: Pledge Agreement (Getty Images Inc)

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Binding Agreement; Assignments. This Agreement, and the terms, covenants and conditions hereof, shall will be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, except that the Pledgor shall will not be permitted to assign this Agreement or any interest herein or in the 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 or required to be delivered to the Collateral Agent as Collateral under this Agreement, except as contemplated by this Agreement or with the other Financing Documentsprior written consent of the Agent and Requisite Lenders.

Appears in 1 contract

Samples: Pledge Agreement (International Wireless Communications Holdings Inc)

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