Modification of Agreement; Sale of Interest. This Agreement, the Notes and each of the other Credit Documents may not be modified, altered or amended, except by an agreement in writing signed by both Borrowers and Lender. Neither Borrower may sell, assign or transfer this Agreement, or any of the other Credit Documents or any portion thereof, including, without limitation, either Borrower's rights, title, interests, remedies, powers, and/or duties hereunder or thereunder. Each Borrower hereby consents to Lender's participation, sale, assignment, transfer or other disposition, at any time or times hereafter, of this Agreement, or any of the other Credit Documents, or of any portion hereof or thereof, including, without limitation, Lender's rights, title, interests, remedies, powers, and/or duties hereunder or thereunder to any financial institution.
Appears in 2 contracts
Samples: Credit Facility and Security Agreement (Goodman Conveyor Co), Credit Facility and Security Agreement (Continental Conveyor & Equipment Co)
Modification of Agreement; Sale of Interest. This Agreement, the ------------------------------------------- Notes and each of the other Credit Documents may not be modified, altered or amended, except by an agreement in writing signed by both each Borrower and Bank. Borrowers and Lender. Neither Borrower may not sell, assign or transfer this Agreement, or any of the other Credit Documents or any portion thereof, thereof including, without limitation, either Borrower's Borrowers' rights, title, interests, remedies, powers, and/or duties hereunder or thereunder. Each Borrower Borrowers hereby consents consent, except as otherwise provided in this Agreement, to LenderBank's participation, sale, assignment, transfer or other disposition, at any time or times hereafter, of this Agreement, or any of the other Credit Documents, or of any portion hereof or thereof, thereof including, without limitation, LenderBank's rights, title, interests, remedies, powers, and/or duties hereunder or thereunder to any financial institutionthereunder.
Appears in 1 contract
Samples: Loan and Security Agreement (Meridian National Corp)
Modification of Agreement; Sale of Interest. This Agreement, the Notes and each of the other Credit Documents may not be modified, altered or amended, except by an agreement in writing signed by both each Borrower and Bank. Borrowers and Lender. Neither Borrower may not sell, assign or transfer this Agreement, or any of the other Credit Documents or any portion thereof, thereof including, without limitation, either Borrower's Borrowers' rights, title, interests, remedies, powers, and/or duties hereunder or thereunder. Each Borrower Borrowers hereby consents consent, except as otherwise provided in this Agreement, to LenderBank's participation, sale, assignment, transfer or other disposition, at any time or times hereafter, of this Agreement, or any of the other Credit Documents, or of any portion hereof or thereof, thereof including, without limitation, LenderBank's rights, title, interests, remedies, powers, and/or duties hereunder or thereunder to any financial institutionthereunder.
Appears in 1 contract
Samples: Loan and Security Agreement (Epi Technologies Inc/De)