Common use of Binding Effect; Third-Party Beneficiaries Clause in Contracts

Binding Effect; Third-Party Beneficiaries. This Agreement shall inure to the benefit of and the obligations thereunder shall be binding upon the parties hereto and their respective successors and permitted assigns. Any permitted assigns of the Buyer shall be third-party beneficiaries of this Agreement.

Appears in 8 contracts

Samples: Purchase and Contribution Agreement (Monroe Capital Income Plus Corp), Purchase and Contribution Agreement (PennantPark Floating Rate Capital Ltd.), Purchase and Contribution Agreement (Monroe Capital Income Plus Corp)

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Binding Effect; Third-Party Beneficiaries. This Agreement shall inure to the benefit of and the obligations thereunder shall be binding upon the parties hereto and their respective successors and permitted assigns. Any permitted assigns of the Buyer shall be third-party beneficiaries of this Agreement.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Fidelity Leasing Inc), Purchase and Sale Agreement (Resource America Inc), Purchase and Sale Agreement (Fidelity Leasing Inc)

Binding Effect; Third-Party Beneficiaries. This Agreement shall be binding upon and inure to the benefit of and the obligations thereunder shall be binding upon the parties hereto and their respective successors and permitted assigns. Any permitted assigns , and each of the Buyer Owner Trustee and the Indenture Trustee shall be third-an express third party beneficiaries beneficiary hereof and may enforce the provisions hereof as if it were a party hereto. This Agreement shall create and constitute the continuing obligations of this Agreementthe 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 2 contracts

Samples: Asset Representations Review Agreement (Porsche Auto Funding LLC), Purchase Agreement (Porsche Auto Funding LLC)

Binding Effect; Third-Party Beneficiaries. This Agreement shall and the Conveyance Papers will inure to the benefit of and the obligations thereunder shall be binding upon the parties hereto and their respective successors and permitted assigns. Any permitted assigns Each of the Buyer Indenture Trustee and Issuer with respect to a Sale and Servicing Agreement and the related Owner Trustee shall be considered a third-party beneficiaries beneficiary of this Agreement.

Appears in 2 contracts

Samples: Master Receivables Purchase Agreement (HSBC Auto Receivables Corp), Master Receivables Purchase Agreement (HSBC Auto Receivables Corp)

Binding Effect; Third-Party Beneficiaries. This Agreement The Sale Papers shall inure to the benefit of and the obligations thereunder shall be binding upon the parties hereto and their respective successors and permitted assigns. Any permitted assigns of the Buyer shall be third-party beneficiaries of this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Newcourt Receivables Corp)

Binding Effect; Third-Party Beneficiaries. This Agreement shall and the other Transaction Documents will inure to the benefit of and the obligations thereunder shall be binding upon the parties hereto and their respective successors successors, transferees and permitted assigns. Any permitted assigns of The Purchasers and the Buyer shall Administrative Agent are each intended by the parties hereto to be third-party beneficiaries of this Agreement.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Metaldyne Corp)

Binding Effect; Third-Party Beneficiaries. This Purchase Agreement shall inure to the benefit of and the obligations thereunder shall be binding upon the parties hereto and their respective successors and permitted assigns. Any permitted assigns of the Buyer shall be third-party beneficiaries of this Purchase Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Fidelity Leasing Inc)

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Binding Effect; Third-Party Beneficiaries. This Agreement shall inure to the benefit of and the obligations thereunder shall be binding upon the parties hereto and their respective successors and permitted assigns. Any permitted assigns Each of the Buyer Noteholders other than the Purchaser shall be deemed to be an express third-party beneficiaries beneficiary of this AgreementAgreement and shall be entitled to enforce the terms hereof as if it were a party hereto.

Appears in 1 contract

Samples: Note Purchase Agreement (H&r Block Inc)

Binding Effect; Third-Party Beneficiaries. This Agreement shall inure to the benefit of and the obligations thereunder shall be binding upon the parties hereto and their respective successors and permitted assigns. The Seller agrees that the Collateral Agent, as agent for the Secured Parties under the Credit Agreement, shall be a third party beneficiary hereof. Any permitted assigns of the Buyer shall be third-party beneficiaries of this Agreement.

Appears in 1 contract

Samples: Purchase and Contribution Agreement (Garrison Capital LLC)

Binding Effect; Third-Party Beneficiaries. This Agreement shall inure to the benefit of and the obligations thereunder shall be binding upon the parties hereto and their respective successors and permitted assigns. Any permitted assigns of The Purchaser and its respective assignees are intended by the Buyer shall parties hereto to be a third-party beneficiaries of this Agreement.

Appears in 1 contract

Samples: Receivables Sale Agreement (United Stationers Inc)

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