MODIFICATION AND BENEFIT OF AGREEMENT. This Agreement shall be binding upon the Borrower, the other Loan Parties and LaSalle and their respective successors and assigns and shall enure to the benefit of the Borrower and LaSalle and their respective successors and assigns. This Agreement and the Other Agreements may not be modified, altered or amended except by an agreement in writing signed by the Borrower and/or the other Loan Parties as applicable and LaSalle. The Borrower may not sell, assign or transfer this Agreement, or the Other Agreements or any portion thereof including, without limitation, any right, title, interest, remedies, powers or duties thereunder. The Borrower, for itself and the other Loan Parties, hereby consents to LaSalle's sale, assignment, transfer or other disposition, at any time and from time to time hereafter, of this Agreement, or the Other Agreements, or of any portion thereof, or participation therein including, without limitation, LaSalle's right, title, interest, remedies, powers and/or duties thereunder. The Borrower agrees that it shall execute and deliver such documents as LaSalle may request in connection with any such sale, assignment, transfer or other disposition.
Appears in 2 contracts
Samples: Credit Agreement (Cabletel Communications Corp), Credit Agreement (Delphax Technologies Inc)
MODIFICATION AND BENEFIT OF AGREEMENT. This Agreement shall be binding upon the Borrower, the other Loan Parties and LaSalle ABN AMRO and their respective successors and assigns and shall enure to the benefit of the Borrower and LaSalle ABN AMRO and their respective successors and assigns. This Agreement and the Other Agreements may not be modified, altered or amended except by an agreement in writing signed by the Borrower and/or the other Loan Parties as applicable and LaSalleABN AMRO. The Borrower may not sell, assign or transfer this Agreement, or the Other Agreements or any portion thereof including, without limitation, any right, title, interest, remedies, powers or duties thereunder. The Borrower, for itself and the other Loan Parties, hereby consents to LaSalleABN AMRO's sale, assignment, transfer or other disposition, at any time and from time to time hereafterhereafter without notice, of this Agreement, or the Other Agreements, or of any portion thereof, or participation therein including, without limitation, LaSalleABN AMRO's right, title, interest, remedies, powers and/or duties thereunder. The Borrower agrees that it shall execute and deliver such documents as LaSalle ABN AMRO may request in connection with any such sale, assignment, transfer or other disposition.
Appears in 1 contract
Samples: Credit Agreement (Numatics Inc)
MODIFICATION AND BENEFIT OF AGREEMENT. This Agreement shall be binding upon the BorrowerBorrowers, the other Loan Parties and LaSalle the Lender and their respective successors and assigns and shall enure to the benefit of the Borrower Borrowers, the other Loan Parties and LaSalle the Lender and their respective successors and assigns. This Agreement and the Other Agreements Loan Documents may not be modified, altered or amended except by an agreement in writing signed by the Borrower Borrowers and/or the other Loan Parties as applicable and LaSallethe Lender. The Borrower Borrowers and each other Loan Party may not sell, assign or transfer this Agreement, or the Other Agreements Loan Documents or any portion thereof including, without limitation, any right, title, interest, remedies, powers or duties thereunderthereunder (including, in each case, by way of LLC Division). The Borrower, for itself Borrowers and the each other Loan Parties, Party hereby consents consent to LaSalle's the Lender’s sale, assignment, transfer or other disposition, at any time and from time to time hereafter, of this Agreement, or the Other AgreementsLoan Documents, or of any portion thereof, or participation therein including, without limitation, LaSalle's the Lender’s right, title, interest, remedies, powers and/or duties thereunder. The Borrower agrees Borrowers and each other Loan Party agree that it they shall execute and deliver such documents as LaSalle the Lender may request in connection with any such sale, assignment, transfer or other disposition.
Appears in 1 contract
Samples: Credit Agreement (BBX Capital, Inc.)
MODIFICATION AND BENEFIT OF AGREEMENT. This Agreement shall be binding upon the Borrower, the other Loan Parties and LaSalle and their respective successors and assigns and shall enure to the benefit of the Borrower and LaSalle and their respective successors and assigns. This Agreement and the Other Agreements other Loan Documents may not be modified, altered or amended except by an agreement in writing signed by the Borrower and/or Borrowers or such other Person who is a party to such other Loan Documents and Lender. This Agreement and the other Loan Parties as applicable Documents shall be binding upon and LaSalle. The Borrower inure to the benefit of Borrowers, Lender, all future holders of the Obligations and their respective successors and assigns, except that Borrowers may not sell, assign or transfer this Agreement, or the Other Agreements other Loan Documents or any portion thereof thereof, including, without limitation, any rightBorrowers’ rights, titletitles, interest, remedies, powers or duties hereunder and thereunder. The Borrower, for itself and the other Loan Parties, Borrowers hereby consents consent to LaSalle's Lender’s sale, assignment, transfer or other disposition, at any time and from time to time hereafter, of this Agreement, or the Other Agreementsother Loan Documents, or of any portion thereof, or participation therein participations therein, including, without limitation, LaSalle's rightits respective rights, titletitles, interest, remedies, powers and/or duties thereunder. The Borrower agrees and agree that it one or more of the Borrowers shall execute and deliver such documents as LaSalle Lender may request in connection with any such sale, assignment, transfer or other disposition.
Appears in 1 contract
Samples: Facility, Loan and Security Agreement (Peak Resorts Inc)
MODIFICATION AND BENEFIT OF AGREEMENT. This Agreement shall be binding upon the Borrower, the other Loan Parties and LaSalle and their respective successors and assigns and shall enure to the benefit of the Borrower and LaSalle and their respective successors and assigns. This Agreement and the Other Agreements other Loan Documents may not be modified, altered or amended except by an agreement in writing signed by the Borrower and/or Borrowers or such other Person who is a party to such other Loan Documents and Lender. This Agreement and the other Loan Parties as applicable Documents shall be binding upon and LaSalle. The Borrower inure to the benefit of Borrowers, Lender, all future holders of the Obligations and their respective successors and assigns, except that Borrowers may not sell, assign or transfer this Agreement, or the Other Agreements other Loan Documents or any portion thereof thereof, including, without limitation, any rightBorrowers’ rights, titletitles, interest, remedies, powers or duties hereunder and thereunder. The Borrower, for itself and the other Loan Parties, Borrowers hereby consents consent to LaSalle's Lender’s sale, assignment, transfer or other disposition, at any time and from time to time hereafter, of this Agreement, or the Other Agreementsother Loan Documents, or of any portion thereof, or participation therein participations therein, including, without limitation, LaSalle's rightits respective rights, titletitles, interest, remedies, powers and/or duties thereunder. The Borrower agrees and agree that it one or more of the Borrowers shall execute and deliver such documents as LaSalle Lender may request in connection with any such sale, assignment, transfer or other disposition..
Appears in 1 contract