Common use of Binding Effects; Assignment Clause in Contracts

Binding Effects; Assignment. This Agreement shall be binding upon, and inure to the benefit of, Lender, each Borrower and their respective successors, as­signs, representatives and heirs. No Borrower shall assign any of its rights nor delegate any of its obligations under Documents without the prior written consent of Lender and no such consent by Lender shall, in any event, relieve any Borrower of any of its obliga­tions under the Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Zones Inc)

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Binding Effects; Assignment. This Agreement shall be binding upon, and inure to the benefit of, Lender, each Borrower Debtors and their respective successors, as­signs, representatives and heirs. No Borrower Debtors shall not assign any of its rights nor delegate any of its obligations under Documents this Agreement without the prior written consent of Lender and no such consent by Lender shall, in any event, relieve any Borrower Debtors of any of its obliga­tions under the Documentshereunder.

Appears in 1 contract

Samples: Security Agreement (Midwest Energy Emissions Corp.)

Binding Effects; Assignment. This Agreement shall be binding upon, and inure to the benefit of, LenderAgent, each Borrower Debtor and their respective successors, as­signsassigns, representatives and heirs. No Borrower Debtor shall not assign any of its rights nor delegate any of its obligations under Documents without the prior written consent of Lender Agent and no such consent by Lender Agent shall, in any event, relieve any Borrower Debtor of any of its obliga­tions obligations under the Documents.

Appears in 1 contract

Samples: Security Agreement (Travis Boats & Motors Inc)

Binding Effects; Assignment. This Agreement shall be binding upon, and inure to the benefit of, Lender, each Borrower and their respective successors, as­signsassigns, representatives and heirs. No Borrower shall assign any of its rights nor delegate any of its obligations under Documents without the prior written consent of Lender and no such consent by Lender shall, in any event, relieve any Borrower of any of its obliga­tions obligations under the Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Travis Boats & Motors Inc)

Binding Effects; Assignment. This Agreement shall be binding upon, and inure to the benefit of, LenderLenders, each Borrower and their respective successors, as­signsassigns, representatives and heirs. No Borrower shall not assign any of its rights nor delegate any of its obligations under Documents without the prior written consent of Lender the Lenders and no such consent by a Lender shall, in any event, relieve any Borrower of any of its obliga­tions obligations under the Documents.

Appears in 1 contract

Samples: Bridge Loan Agreement (SSP Solutions Inc)

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Binding Effects; Assignment. This Agreement shall be binding upon, and inure to the benefit of, Lender, each Borrower and their respective successors, as­signsassigns, representatives and heirs. No Borrower shall not assign any of its rights nor delegate any of its obligations under Documents without the prior written consent of Lender and no such consent by Lender shall, in any event, relieve any Borrower of any of its obliga­tions obligations under the Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Zones Inc)

Binding Effects; Assignment. This Agreement shall be binding upon, and inure to the benefit of, Lender, each Borrower Debtors and their respective successors, as­signsassigns, representatives and heirs. No Borrower Neither Debtor shall assign any of its rights nor delegate any of its obligations under Documents without the prior written consent of Lender and no such consent by Lender shall, in any event, relieve any Borrower Debtor of any of its obliga­tions obligations under the Documents.

Appears in 1 contract

Samples: Security Agreement (Gen 2 Media CORP)

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