Common use of Non-assignability; Termination Clause in Contracts

Non-assignability; Termination. (a) Subject to sub-paragraph (b) below, neither party may assign, charge or otherwise deal with (including without limitation any dealing with any interest in or the creation of any interest in) its rights or obligations under this Agreement or under any Transaction without the prior written consent of the other party. Subject to the foregoing, this Agreement and any Transactions shall be binding upon and shall inure to the benefit of the parties and their respective successors and assigns.

Appears in 4 contracts

Samples: Global Master Repurchase Agreement, Global Master Repurchase Agreement (CM Finance Inc), Global Master Repurchase Agreement (FS Investment CORP)

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Non-assignability; Termination. (a) Subject to sub-paragraph (b) below, neither party may assign, charge or otherwise deal with (including without limitation any dealing with any interest in or the creation rights and obligations of any interest in) its rights or obligations the parties under this Agreement or and under any Transaction shall not be assigned, charged or otherwise dealt with by either party without the prior written consent of the other party. Subject to the foregoing, this Agreement and any Transactions shall be binding upon and shall inure to the benefit of the parties and their respective successors and assigns.

Appears in 2 contracts

Samples: Global Master Repurchase Agreement, Global Master Repurchase Agreement (Taberna Realty Finance Trust)

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Non-assignability; Termination. (a) 16.1. Subject to sub-paragraph (b) 16.2 below, neither party may assign, charge or otherwise deal with (including without limitation any dealing with any interest in or the creation of any interest in) its rights or obligations under this Agreement or under any Transaction without the prior written consent of the other party. Subject to the foregoing, this Agreement and any Transactions shall be binding upon and shall inure to the benefit of the parties and their respective successors and assigns.

Appears in 1 contract

Samples: Global Master Repurchase Agreement

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