Binding Effect; Acceptance Sample Clauses

Binding Effect; Acceptance. The Senior Lender and each Subordinated Creditor agrees that this Agreement shall be binding upon each Subordinated Creditor, each Subordinated Creditor’s successors and assigns and shall inure to the benefit of the Senior Lender and its participants, successors and assigns irrespective of whether this or any similar agreement is executed by any other creditor of any Obligor. Each Subordinated Creditor agrees that notice of acceptance by the Senior Lender of this Agreement or of reliance by the Senior Lender upon this Agreement is hereby waived by each Subordinated Creditor.
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Binding Effect; Acceptance. This Agreement shall be binding upon the Parties and their respective heirs, legal representatives, successors and assigns and shall inure to the benefit of the Parties and their respective participants, successors and assigns irrespective of whether this or any similar agreement is executed by any other creditor of the Borrower. Notice of acceptance of this Agreement or of reliance upon this Agreement is hereby waived by each of the Parties.
Binding Effect; Acceptance. This Agreement shall be binding upon the Manager and its successors and assigns and shall inure to the benefit of the Lender and its respective successors and assigns irrespective of whether this or any similar agreement is executed by any other creditor of the Loan Parties. Notice of acceptance by the Lender of this Agreement or of reliance by the Lender upon this Agreement is hereby waived by the Manager.
Binding Effect; Acceptance. This Agreement shall be binding upon the Creditor and the Creditor's heirs, legal representatives, successors and assigns and shall inure to the benefit of the Bank and its participants, successors and assigns irrespective of whether this or any similar agreement is executed by any other creditor of the Borrower. Notice of acceptance by the Bank of this Agreement or of reliance by the Bank upon this Agreement is hereby waived by the Creditor.
Binding Effect; Acceptance. This Agreement shall be binding upon the Subordinated Creditors and, as applicable, the Subordinated Creditors’ heirs, legal representatives, successors and assigns and shall inure to the benefit of the Lender and its participants, successors and assigns irrespective of whether this or any similar agreement is executed by any other creditor of any Loan Party. Notice of acceptance by the Lender of this Agreement or of reliance by the Lender upon this Agreement is hereby waived by the Subordinated Creditors. Notwithstanding anything contained in this Agreement or any other document, the parties agree that the obligations of, and the terms and conditions applicable to, each Subordinated Creditor pursuant to this Agreement are binding upon such Person solely in such Person’s capacity as a holder of the Subordinated Indebtedness and not in any other capacity, including as an officer, director, shareholder, employee, agent or other representative of any Loan Party or any of its Subsidiaries.
Binding Effect; Acceptance. This Agreement shall be binding upon the Covered Creditors and each Covered Creditor’s successors and assigns and shall inure to the benefit of Administrative Agent and the Lenders and their participants, successors and assigns irrespective of whether this or any similar agreement is executed by any other creditor of Borrower. Notice of acceptance by Administrative Agent and the Lenders of this Agreement and of reliance by Administrative Agent and the Lenders upon this Agreement is hereby waived by the Covered Creditors.
Binding Effect; Acceptance. This Agreement shall be binding upon the Subordinate Note Holders and their respective heirs, legal representatives, successors and assigns and shall inure to the benefit of the Senior Holders and their respective heirs, legal representatives, successors and assigns.
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Binding Effect; Acceptance. This Agreement shall be binding upon the Subordinated Creditor and the Subordinated Creditor’s heirs, legal representatives, successors and assigns and shall inure to the benefit of the Senior Lender and its participants, successors and assigns irrespective of whether this or any similar agreement is executed by any other creditor of the Borrower. This Agreement is solely for the 8878\85\941071.7 benefit of Senior Lender and Senior Lender’s successors and assigns, and neither the Borrower nor any other person shall have any right, benefit, priority or interest under, or because of the existence of, this Agreement. Notice of acceptance by the Senior Lender of this Agreement or of reliance by the Senior Lender upon this Agreement is hereby waived by the Subordinated Creditor.
Binding Effect; Acceptance. This Agreement shall be binding upon Verde and its heirs, legal representatives, successors and assigns and shall inure to the benefit of the Senior Lenders and their participants, successors and assigns irrespective of whether this or any similar agreement is executed by any other creditor of the UDC. Notice of acceptance by the Senior Lenders of this Agreement or of reliance by the Senior Lenders upon this Agreement is hereby waived by Verde.
Binding Effect; Acceptance. This Agreement shall be binding upon Investors and Investors' heirs, legal representatives, successors and assigns and shall inure to the benefit of Lender and its participants, successors and assigns irrespective of whether this or any similar agreement is executed by any other creditor of Borrower. This Agreement shall be deemed effective against Investors upon Lender's receipt of a signed facsimile copy of this Agreement. Notice of acceptance by Lender of this Agreement or of reliance by Lender upon this Agreement is hereby waived by Investors.
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