Binding Effect; Assignability. This Agreement shall be binding upon and inure to the benefit of the Buyer and the Seller and their respective successors and permitted assigns. The Seller may not assign any of its rights hereunder or any interest herein without the prior written consent of the Buyer, except as provided in Section 3.11 or as otherwise herein specifically provided. This Agreement shall create and constitute the continuing obligations of the parties hereto in accordance with its terms, and shall remain in full force and effect until such time as the parties hereto shall agree.
Appears in 56 contracts
Samples: Subi Transfer Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Subi Transfer Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Subi Transfer Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)
Binding Effect; Assignability. This Agreement shall be binding upon and inure to the benefit of the Buyer and the Seller and their respective successors and permitted assigns. The Seller may not assign any of its rights hereunder or any interest herein without the prior written consent of the Buyer, except as provided in Section 3.11 or as otherwise herein specifically provided. This Agreement shall create and constitute the continuing obligations of the parties hereto in accordance with its terms, and shall remain in full force and effect until such time as the parties hereto shall agree.
Appears in 47 contracts
Samples: Exchange Note Sale Agreement (World Omni LT), Exchange Note Sale Agreement (World Omni LT), Exchange Note Sale Agreement (World Omni LT)
Binding Effect; Assignability. This Agreement shall be binding upon and inure to the benefit of the Buyer and the Seller Depositor and their respective successors and permitted assigns. The Seller Depositor may not assign any of its rights hereunder or any interest herein without the prior written consent of the Buyer, except as provided in Section 3.11 or as otherwise herein specifically provided. This Agreement shall create and constitute the continuing obligations of the parties hereto in accordance with its terms, and shall remain in full force and effect until such time as the parties hereto shall agree.
Appears in 38 contracts
Samples: Exchange Note Transfer Agreement (World Omni LT), Exchange Note Transfer Agreement (World Omni LT), Exchange Note Transfer Agreement (World Omni LT)
Binding Effect; Assignability. This Agreement shall be binding upon and inure to the benefit of each Seller, the Buyer and the Seller Purchaser and their respective successors and permitted assigns. The ; provided, however, that a Seller may not assign any of its rights or obligations hereunder or any interest herein without the prior written consent of the Buyer, except as provided in Section 3.11 or as otherwise herein specifically provided. This Agreement shall create Purchaser and constitute the continuing obligations Indenture Trustee (acting at the direction of the parties hereto in accordance with Requisite Majority). The Purchaser may assign as collateral security all of its termsrights hereunder to the Indenture Trustee, and such assignee shall remain in full force and effect until have all rights of the Purchaser under this Agreement (as if such time as assignee were the parties hereto shall agreePurchaser hereunder).
Appears in 2 contracts
Samples: Purchase and Contribution Agreement (Trinity Industries Inc), Purchase and Contribution Agreement (Trinity Industries Inc)
Binding Effect; Assignability. This The Agreement shall be binding upon and inure to the benefit of the Buyer and the Seller and their respective successors and permitted assigns. The ; provided, however, that the Seller may shall not have the right to assign any of its rights hereunder or any interest herein (by operation of law or otherwise) without the prior written consent of the Buyer, except as provided that in Section 3.11 or as otherwise herein specifically provided. This Agreement connection with any such assignment the assignee shall create and constitute expressly agree in writing to assume all the continuing obligations of the parties hereto in accordance with its terms, and shall remain in full force and effect until such time as the parties hereto shall agreeSeller hereunder.
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Binding Effect; Assignability. This Agreement shall extend to and be binding upon and inure to the benefit of the Buyer and the Seller and parties hereto, their respective heirs, legal representatives, successors and permitted assigns. The Seller may not Purchaser shall have the right at any time to assign any of its rights hereunder this Agreement or any interest herein portion thereof to any affiliate of Purchaser without the prior written necessity of seeking the consent of the Buyer, except as provided in Section 3.11 or as otherwise herein specifically provided. This Agreement shall create and constitute the continuing obligations of the parties hereto in accordance with its terms, and shall remain in full force and effect until such time as the parties hereto shall agreeSeller.
Appears in 1 contract
Samples: Sale of Assets Agreement (Uici)
Binding Effect; Assignability. This Agreement shall be binding upon and inure to the benefit of the Buyer Sellers and the Seller Purchaser and their respective successors and permitted assigns. The ; provided, however, that neither Seller may not assign any of its rights or obligations hereunder or any interest herein without the prior written consent of the BuyerPurchaser and any assignee thereof. The Purchaser may assign all of its rights hereunder to an assignee, except as provided in Section 3.11 or as otherwise herein specifically provided. This Agreement and such assignee shall create and constitute the continuing obligations have all rights of the parties hereto in accordance with its terms, and shall remain in full force and effect until Purchaser under this Agreement (as if such time as assignee were the parties hereto shall agreePurchaser hereunder).
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