Common use of No Assignment; Successors and Assigns Clause in Contracts

No Assignment; Successors and Assigns. Borrower may not assign, encumber, or transfer in any manner whatsoever any of its rights or obligations under this Note without the prior written consent of Holder, which consent shall be in Holder's sole discretion. Holder's consent to one assignment or other transfer shall not be deemed to be a consent to any subsequent assignment or transfer. All rights of Holder under this Note shall inure to the benefit of its heirs, successors and assigns, and all obligations of Borrower shall bind its successors and assigns.

Appears in 4 contracts

Samples: Purchase Installment Note, Pledge and Security Agreement (Susan L Ciciora Trust), Purchase Installment Note, Pledge and Security Agreement (Susan L Ciciora Trust), Purchase Installment Note, Pledge and Security Agreement (Susan L Ciciora Trust)

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