Common use of Binding on Successors, Transferees and Assigns; Assignment Clause in Contracts

Binding on Successors, Transferees and Assigns; Assignment. In addition to, and not in limitation of, Section 2.7, this Guaranty shall be binding upon each Guarantor and its successors, transferees, and assigns and shall inure to the benefit of and be enforceable by the Agent, each Lender, and their respective successors, transferees, and assigns (to the full extent provided pursuant to Section 2.7); provided, however, that no Guarantor may assign any of its obligations hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Georgia Pacific Corp), Credit Agreement (Georgia Pacific Corp)

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Binding on Successors, Transferees and Assigns; Assignment. In addition to, and not in limitation of, Section 2.72.8, this Guaranty shall be binding upon each Guarantor and its respective successors, transferees, transferees and assigns and shall inure to the benefit of and be enforceable by the Agent, each Lender, Lender and their respective its successors, transferees, transferees and assigns (to the full extent provided pursuant to Section 2.72.9); provided, however, that no Guarantor may assign any of its obligations hereunderhereunder without the prior written consent of the Lender.

Appears in 2 contracts

Samples: Intercreditor Agreement (Epl Oil & Gas, Inc.), Intercreditor Agreement (Energy XXI LTD)

Binding on Successors, Transferees and Assigns; Assignment. In addition to, and not in limitation of, Section 2.7, this Guaranty shall be binding upon each the Guarantor and its successors, transferees, transferees and assigns and shall inure to the benefit of and be enforceable by the Agent, each Lender, Lender Party and each holder of a Note and their respective successors, transferees, transferees and assigns (to the full extent provided pursuant to Section 2.7); provided, however, that no the Guarantor may not assign any of its obligations hereunderhereunder without the prior written consent of the Administrative Agent and the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Andrew Corp)

Binding on Successors, Transferees and Assigns; Assignment. In addition to, and not in limitation of, Section 2.72.6, this Guaranty shall be binding upon each Guarantor and its respective successors, transferees, transferees and assigns and shall inure to the benefit of and be enforceable by (including the Agent, each Lender, Pledgee) and their respective its successors, transferees, transferees and assigns (to the full extent provided pursuant to Section 2.7); provided, however, that no Guarantor may assign any of its obligations hereunderassigns.

Appears in 1 contract

Samples: Guaranty (Coinmach Service Corp)

Binding on Successors, Transferees and Assigns; Assignment. In addition to, and not in limitation of, Section 2.72.7 hereof, this Guaranty shall be binding upon each the Guarantor and its the Guarantor's successors, transferees, transferees and assigns and shall inure to the benefit of and be enforceable by the Agent, Lender and each Lender, holder of a Note and their respective successors, transferees, transferees and assigns (to the full extent provided pursuant to Section 2.72.7 hereof); provided, however, that no the Guarantor may not assign any of its obligations hereunderhereunder without the prior written consent of the Lender.

Appears in 1 contract

Samples: Credit Agreement (Trace International Holdings Inc)

Binding on Successors, Transferees and Assigns; Assignment. In addition to, and not in limitation of, Section 2.72.8, this Guaranty shall be binding upon each Guarantor and its successors, transferees, transferees and assigns and shall inure to the benefit of and be enforceable by the Agent, each Lender, Administrative Agent and their respective its successors, transferees, transferees and assigns for the benefit of the Secured Parties (to the full extent provided pursuant to Section 2.72.8); provided, however, that no Guarantor may assign any of its obligations hereunderor rights hereunder without the prior written consent of the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Switch & Data, Inc.)

Binding on Successors, Transferees and Assigns; Assignment. In addition to, and not in limitation of, Section 2.7, this Guaranty shall be binding upon each the Guarantor and its the Guarantor's successors, transferees, transferees and assigns and shall inure to the benefit of and be enforceable by the Agent, each Lender, Secured Party and each holder of a Note and their respective successors, transferees, transferees and assigns (to the full extent provided pursuant to Section 2.7); provided, however, that no the Guarantor may not assign any of its obligations hereunderhereunder without the prior written consent of all of the Lenders.

Appears in 1 contract

Samples: Guaranty (Foamex Capital Corp)

Binding on Successors, Transferees and Assigns; Assignment. In addition to, and not in limitation of, Section 2.7, 2.8. this Guaranty shall be binding upon each Guarantor and its successors, transferees, transferees and assigns and shall inure to the benefit of and be enforceable by the Agent, each Lender, Administrative Agent and their respective its successors, transferees, transferees and assigns for the benefit of the Secured Parties (to the full extent provided pursuant to Section 2.72.8); provided, however, that no Guarantor may assign any of its obligations hereunderor rights hereunder without the prior written consent of the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Switch & Data, Inc.)

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Binding on Successors, Transferees and Assigns; Assignment. In addition to, and not in limitation of, Section 2.7, this Guaranty shall be binding upon each Guarantor and its successors, transferees, transferees and assigns and shall inure to the benefit of and be enforceable by the Agenteach Lender Party and each holder of a Note, each Lenderan Letter of Credit Application, or an interest in an L/C Obligation and their respective successors, transferees, transferees and assigns (to the full extent provided pursuant to Section 2.7); provided, however, that no Guarantor may assign any of its obligations hereunderhereunder without the prior written consent of all Lenders.

Appears in 1 contract

Samples: Credit Agreement (Concho Resources Inc)

Binding on Successors, Transferees and Assigns; Assignment. In addition to, and not in limitation of, Section 2.7, this Guaranty shall be binding upon each Guarantor and its successors, transferees, transferees and assigns and shall inure to the benefit of and be enforceable by the Agent, Agent and each Lender, Lender Party and their respective successors, transferees, transferees and assigns (to the full extent provided pursuant to Section 2.7); provided, however, that no Guarantor may assign any of its obligations hereunderhereunder without the prior written consent of all Lenders.

Appears in 1 contract

Samples: Credit Agreement (Carlisle Holdings LTD)

Binding on Successors, Transferees and Assigns; Assignment. In addition to, and not in limitation of, Section 2.7, this Guaranty shall be binding upon each the Guarantor and its successors, transferees, transferees and assigns and shall inure to the benefit of and be enforceable by the Agent, each Lender, Beneficiary and their its respective successors, transferees, transferees and assigns (to the full extent provided pursuant to Section 2.7); provided, however, that no the Guarantor may not delegate or assign any of its obligations hereunderhereunder without the prior written consent of the Owner Participant.

Appears in 1 contract

Samples: Guaranty (Cendant Corp)

Binding on Successors, Transferees and Assigns; Assignment. In addition to, and not in limitation of, Section 2.7, this Guaranty shall be binding upon each Guarantor and its successors, transferees, and assigns and shall inure to the benefit of and be enforceable by the Administrative Agent, each Lender, and their respective successors, transferees, and assigns (to the full extent provided pursuant to Section 2.7); provided, however, that no Guarantor may assign any of its obligations hereunder.

Appears in 1 contract

Samples: Subsidiary Guaranty (Georgia Pacific Corp)

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