Binding Obligation; Assignment Sample Clauses

Binding Obligation; Assignment. This Agreement shall inure to the benefit of and constitute a binding obligation upon the parties hereto and their respective successors and assigns. Subject to VI(G), no party may assign its rights or delegate its duties hereunder without the prior written consent of the other party, such consent not to be unreasonably withheld.
Sample 1Sample 2Sample 3See All (22)
AutoNDA by SimpleDocs
Binding Obligation; Assignment. This AGREEMENT shall be binding upon the PARTIES and their respective successors and assigns. Neither PARTY may assign its interest in this AGREEMENT without the prior written consent of the other PARTY.
Sample 1Sample 2
Binding Obligation; Assignment. This Guaranty shall be binding upon the Guarantor, and the Guarantor's successors and assigns; provided, that the Guarantor shall not assign or transfer any of its obligations hereunder without the prior written consent of the Bank. The Bank may at any time assign or transfer its interest herein and the transferee shall thereupon become vested with all of the rights and powers given to the Bank herein. Executed on the date first written above. HOSOKAWA MICRON CORPORATION By: /s/ [Illegible] --------------------------- Name: Title: November 1, 1996 The Bank of Tokyo-Mitsubishi, Ltd. New York Branch 0000 Xxxxxx xx xxx Xxxxxxxx Xxx Xxxx, XX 00000 Re: HOSOKAWA MICRON INTERNATIONAL INC. COMMERCIAL PAPER PROGRAM Gentlemen: We refer to our guaranty, dated December 16, 1991, in your favor (the "Guaranty") which guarantees the payment when due of all amounts payable by Hosokawa Micron International Inc., a Delaware corporation (the "Company"), to you under the Letter of Credit Agreement, dated as of December 16, 1991, between the Company and you (as amended, the "Credit Agreement"). We hereby acknowledge that the Letter of Credit issued by you pursuant to the Credit Agreement has been extended and may be further extended from time to time. We hereby agree that the Guaranty will remain in full force and effect, enforceable against us as a guaranty of the payment of all amounts payable by the Company to you under the Credit Agreement, as the same may be amended from time to time (with or without our consent). Very truly yours, HOSOKAWA MICRON CORPORATION, a Japanese corporation By: /s/ X. Xxxxxxx --------------------------- Name: X. Xxxxxxx Title: Managing Director ================================================================================ ELEVENTH AMENDMENT TO LETTER OF CREDIT AGREEMENT between HOSOKAWA MICRON INTERNATIONAL INC. as Account Party and THE BANK OF TOKYO-MITSUBISHI, LTD., NEW YORK BRANCH as Issuing Bank Dated as of November 14, 1997 ================================================================================ Relating to Hosokawa Micron International Inc. US$ 75,000,000 Commercial Paper Program ================================================================================ ELEVENTH AMENDMENT TO LETTER OF CREDIT AGREEMENT ELEVENTH AMENDMENT TO LETTER OF CREDIT AGREEMENT (this "AMENDMENT"), dated as of November 14, 1997, between Hosokawa Micron International Inc., a Delaware corporation, having an office at 000 Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00...
Sample 1
Binding Obligation; Assignment 
Sample 1Sample 2Sample 3See All (9)

Related to Binding Obligation; Assignment

  • Binding Obligation Each Receivable shall constitute the genuine, legal, valid and binding payment obligation in writing of the related Obligor, enforceable by the holder thereof in accordance with its terms, except as enforceability may be subject to or limited by bankruptcy, insolvency, reorganization, moratorium, liquidation or other similar laws affecting the enforcement of creditors’ rights in general and by general principles of equity, regardless of whether such enforceability shall be considered in a proceeding in equity or at law.

  • Binding Obligations This Agreement and each of the other Transaction Documents to which it is a party constitutes legal, valid and binding obligations of the Servicer, enforceable against the Servicer in accordance with their respective terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) as such enforceability may be limited by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law.

  • Authorization; Binding Obligation Seller has the power and authority to make, execute, deliver and perform this Agreement and the other Transaction Documents to which the Seller is a party and all of the transactions contemplated under this Agreement and the other Transaction Documents to which the Seller is a party, and has taken all necessary corporate action to authorize the execution, delivery and performance of this Agreement and the other Transaction Documents to which the Seller is a party. This Agreement and the other Transaction Documents to which the Seller is a party constitute the legal, valid and binding obligation of Seller enforceable in accordance with their terms, except as enforcement of such terms may be limited by bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights generally and by the availability of equitable remedies.

Time is Money Join Law Insider Premium to draft better contracts faster.