Common use of Binding Effect; Several Agreement; Assignments Clause in Contracts

Binding Effect; Several Agreement; Assignments. Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party, and all covenants, promises and agreements by or on behalf of Holdings and the US Borrower that are contained in this Agreement shall bind and inure to the benefit of their respective successors and assigns. This Agreement shall become effective as to Holdings and the US Borrower when a counterpart hereof executed on behalf of Holdings and the US Borrower, respectively, shall have been delivered to the Collateral Agent and a counterpart hereof shall have been executed on behalf of the Collateral Agent, and thereafter shall be binding upon Holdings and the US Borrower and the Collateral Agent and their respective successors and assigns, and shall inure to the benefit of Holdings, the US Borrower, the Collateral Agent and the other Secured Parties and their respective successors and assigns, except that Holdings and the US Borrower shall have no right to assign or transfer their rights or obligations hereunder or any interest herein (and any such assignment or transfer shall be void) except as expressly contemplated by this Agreement or the other Credit Documents.

Appears in 5 contracts

Samples: Lease Agreement (Compass Minerals International Inc), Lease Agreement (Compass Minerals International Inc), Lease Agreement (Compass Minerals International Inc)

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Binding Effect; Several Agreement; Assignments. Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party, ; and all covenants, promises and agreements by or on behalf of Holdings and the US Borrower Pledgor that are contained in this Agreement shall bind and inure to the benefit of their respective its successors and assigns. This Agreement shall become effective as to Holdings and the US Borrower when a counterpart hereof executed on behalf of Holdings and the US Borrower, respectively, Pledgor shall have been delivered to the Collateral Agent and a counterpart hereof shall have been executed on behalf of the Collateral Agent, and thereafter shall be binding upon Holdings and the US Borrower Pledgor and the Collateral Agent and their respective successors and assigns, and shall inure to the benefit of Holdings, the US BorrowerPledgor, the Collateral Agent and the other Secured Parties Parties, and their respective successors and assigns, except that Holdings and the US Borrower Pledgor shall not have no the right to assign or transfer their its rights or obligations hereunder or any interest herein or in the Collateral (and any such attempted assignment or transfer shall be void) ), except as expressly contemplated by this Agreement or the other Credit Loan Documents.

Appears in 3 contracts

Samples: Pledge Agreement (Tel Save Holdings Inc), G 1 Pledge Agreement (Tel Save Holdings Inc), Pledge Agreement (Tel Save Holdings Inc)

Binding Effect; Several Agreement; Assignments. Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party, ; and all covenants, promises and agreements by or on behalf of Holdings and the US Borrower any Pledgor that are contained in this Agreement shall bind and inure to the benefit of their respective its successors and assigns. This Agreement shall become effective as to Holdings and the US Borrower when a counterpart hereof executed on behalf of Holdings and the US Borrower, respectively, any Pledgor shall have been delivered to the Collateral Agent and a counterpart hereof shall have been executed on behalf of the Collateral Agent, and thereafter shall be binding upon Holdings and the US Borrower such Pledgor and the Collateral Agent and their respective successors and assigns, and shall inure to the benefit of Holdings, the US Borrowersuch Pledgor, the Collateral Agent and the other Secured Parties Parties, and their respective successors and assigns, except that Holdings and the US Borrower no Pledgor shall have no the right to assign or transfer their its rights or obligations hereunder or any interest herein or in the Collateral (and any such attempted assignment or transfer shall be void) ), except as expressly contemplated by this Agreement or the other Credit Loan Documents.

Appears in 2 contracts

Samples: Pledge Agreement (Ryder TRS Inc), Pledge Agreement (Ryder TRS Inc)

Binding Effect; Several Agreement; Assignments. Whenever ---------------------------------------------- in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party, and all covenants, promises and agreements by or on behalf of Holdings and the US Borrower that are contained in this Agreement shall bind and inure to the benefit of their respective successors and assigns. This Agreement shall become effective as to Holdings and the US Borrower when a counterpart hereof executed on behalf of Holdings and the US Borrower, respectively, shall have been delivered to the Collateral Agent and a counterpart hereof shall have been executed on behalf of the Collateral Agent, and thereafter shall be binding upon Holdings and the US Borrower and the Collateral Agent and their respective successors and assigns, and shall inure to the benefit of Holdings, the US Borrower, the Collateral Agent and the other Secured Parties and their respective successors and assigns, except that Holdings and the US Borrower shall have no right to assign or transfer their rights or obligations hereunder or any interest herein (and any such assignment or transfer shall be void) except as expressly contemplated by this Agreement or the other Credit Documents.

Appears in 1 contract

Samples: GSL Corp

Binding Effect; Several Agreement; Assignments. Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party, ; and all covenants, promises and agreements by or on behalf of Holdings and the US Borrower Stock Pledgor that are contained in this Agreement shall bind and inure to the benefit of their respective its successors and assigns. This Agreement shall become effective as to Holdings and the US Borrower Stock Pledgor when a counterpart hereof executed on behalf of Holdings and the US Borrower, respectively, such Stock Pledgor shall have been delivered to the Collateral Agent and a counterpart hereof shall have been executed on behalf of the Collateral Agent, Agent and thereafter shall be binding upon Holdings and the US Borrower such Stock Pledgor and the Collateral Agent and their respective successors and assigns, and shall inure to the benefit of Holdings, the US Borrowersuch Stock Pledgor, the Collateral Agent Agent, the Trustee and the other Secured Parties Parties, and their respective successors and assigns, except that Holdings and Stock Pledgor shall not have the US Borrower shall have no right to assign or transfer their its rights or obligations hereunder or any interest herein or in the Note/Debenture Collateral (and any such attempted assignment or transfer shall be void) ), except as expressly contemplated by this Agreement or the other Credit DocumentsIndentures.

Appears in 1 contract

Samples: Stock Pledge Agreement (NSM Steel Co LTD)

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Binding Effect; Several Agreement; Assignments. Whenever ----------------------------------------------- in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party, ; and all covenants, promises and agreements by or on behalf of Holdings and the US Borrower Pledgor that are contained in this Agreement shall bind and inure to the benefit of their respective its successors and assigns. This Agreement shall become effective as to Holdings and the US Borrower when a counterpart hereof executed on behalf of Holdings and the US Borrower, respectively, Pledgor shall have been delivered to the Collateral Agent and a counterpart hereof shall have been executed on behalf of the Collateral Agent, and thereafter shall be binding upon Holdings and the US Borrower Pledgor and the Collateral Agent and their respective successors and assigns, and shall inure to the benefit of Holdings, the US BorrowerPledgor, the Collateral Agent and the other Secured Parties Parties, and their respective successors and assigns, except that Holdings and the US Borrower Pledgor shall not have no the right to assign or transfer their its rights or obligations hereunder or any interest herein or in the Collateral (and any such attempted assignment or transfer shall be void) ), except as expressly contemplated by this Agreement or the other Credit Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Guarantee Life Companies Inc)

Binding Effect; Several Agreement; Assignments. Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and permitted assigns of such party, ; and all covenants, promises and agreements by or on behalf of Holdings and the US Borrower any Pledgor that are contained in this Agreement shall bind and inure to the benefit of their respective its successors and assigns. This Agreement shall become effective as to Holdings and the US Borrower any Pledgor when a counterpart hereof executed on behalf of Holdings and the US Borrower, respectively, such Pledgor shall have been delivered to the Collateral Agent and a counterpart hereof shall have been executed on behalf of the Collateral Agent, and thereafter shall be binding upon Holdings and the US Borrower such Pledgor and the Collateral Agent and their respective successors and permitted assigns, and shall inure to the benefit of Holdings, the US Borrowersuch Pledgor, the Collateral Agent and the other Second Priority Secured Parties Parties, and their respective successors and permitted assigns, except that Holdings and the US Borrower no Pledgor shall have no the right to assign or transfer their its rights or obligations hereunder or any interest herein (and any such assignment or transfer shall be void) except as expressly contemplated by this Agreement or the other Credit Documents.or

Appears in 1 contract

Samples: Loan and Guaranty Agreement

Binding Effect; Several Agreement; Assignments. Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party, and all covenants, promises and agreements by or on behalf of Holdings and the US Borrower that are contained in this Agreement shall bind and inure to the benefit of their respective its successors and assigns. This Agreement shall become effective as to Holdings and the US Borrower when a counterpart hereof executed on behalf of Holdings and the US Borrower, respectively, Borrower shall have been delivered to the Collateral Agent and a counterpart hereof shall have been executed on behalf of the Collateral Agent, and thereafter shall be binding upon Holdings and the US Borrower and the Collateral Agent and their respective successors and assigns, and shall inure to the benefit of Holdings, the US Borrower, the Collateral Agent and the other Secured Parties and their respective successors and assigns, except that Holdings and the US Borrower shall have no right to assign or transfer their its rights or obligations hereunder or any interest herein (and any such assignment or transfer shall be void) except as expressly contemplated by this Agreement Agreement, the other Security Documents, the Collateral Sharing Agreement, the Senior Loan Documents or the other Credit Indenture Documents.

Appears in 1 contract

Samples: Collateral Assignment (On Semiconductor Corp)

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