Parties Bound; Benefit Sample Clauses

Parties Bound; Benefit. This Agreement shall be binding upon the Indemnitors and their respective successors, assigns, heirs and personal representatives and shall be for the benefit of Agent and the Lenders, and of any subsequent holder of the Loan and of any owner of a participation interest therein. In the event the Loan is sold or transferred, then the liability of the Indemnitors to Agent and the Lenders shall then be in favor of both Agent and the Lenders originally named herein and each subsequent holder of the Loan and any of interest therein.

Parties Bound; Benefit. This Guaranty is a continuing guaranty and shall (i) remain in full force and effect until payment, performance and/or observance in full of the obligations and all other amounts payable under this Guaranty, (ii) be binding upon Guarantor, its successors and assigns, and (iii) inure to the benefit of and be enforceable by the Lender and its successors, transferees and assigns or by any subsequent holder of the interest of the Lender in any Note and of any owner of a participant interest therein. Wherever in this Guaranty reference is made to Guarantor or Lender, the same shall be deemed to refer also to the then successor or assign of such Guarantor or Lender.

Parties Bound; Benefit. This Guaranty shall be binding upon Guarantor and Guarantor’s respective successors, assigns, heirs and personal representatives and shall be for the benefit of Agent, and of any subsequent Agent permitted under the Loan Agreement.

Parties Bound; Benefit. This Agreement shall be binding upon Guarantor and Guarantor's respective successors, assigns, heirs and personal representatives and shall be for the benefit of Lender, and of any subsequent holder of Lender's interest in the Loan and of any owner of a participation interest therein. In the event the interest of Lender under the Loan Documents is sold or transferred, then the liability of the Guarantor to Lender shall then be in favor of both Lender originally named herein and each subsequent holder of Lender's interest therein, to the extent of their respective interests.

Parties Bound; Benefit. This Agreement shall be binding upon the Indemnitor and its successors, assigns and shall be for the benefit of the Administrative Agent and the Lenders, and of any subsequent holder of the NMLP Loan and of any owner of a participation interest therein. In the event the NMLP Loan is sold or transferred, then the liability of the Indemnitor to the Administrative Agent and the Lenders shall then be in favor of both the Administrative Agent and the Lenders originally named herein and each subsequent holder of the NMLP Loan and any of interest therein.

Parties Bound; Benefit. This Agreement shall be binding upon Guarantor and Guarantor's successors, assigns, heirs and personal representatives and shall be for the benefit of Lender, and of any subsequent holder of all or a part of Lender's interest in the Loan and of any owner of a participation interest therein. In the event the interest of Lender under the Loan Documents is sold or transferred in whole or in part, then the liability of the Guarantor to such Lender(s) shall then be in favor of both the Lender originally named herein and each subsequent holder of Lender's interest therein, to the extent of their respective interests. In connection with any such sale, assignment or participation, Lender shall have the right to disclose to, or share with, any actual or potential transferee or participant all information, including, but not limited to, financial information in Lender's possession regarding the Loan, Borrower, Guarantor or the Site and Improvements.

Parties Bound; Benefit. This Agreement shall be binding upon the Indemnitors and their respective successors, assigns, heirs and personal representatives and shall be for the benefit of the Lender, and of any subsequent holder of the Obligations and of any owner of a participation interest therein. In the event the Obligations are sold or transferred, then the liability of the Indemnitors to the Lender shall then be in favor of both the Lender originally named herein and each subsequent holder of the Obligations and any of interest therein.

Parties Bound; Benefit. Except as specifically provided otherwise herein, this Agreement shall be binding upon the Indemnitors and their respective successors, assigns and shall be for the benefit of Lender, and of any subsequent holder of the Loan and of any owner of a participation interest therein. In the event the Loan is sold or transferred, then the liability of the Indemnitors to Lender shall then be in favor of both the Lender originally named herein and each subsequent holder of the Loan and any of interest therein. In addition, Lender shall have the right to assign the benefits of this Agreement to any purchaser of the Property from Lender or an affiliate of Lender in connection with any exercise by Lender of its remedial rights under the Loan provided, and on the condition that, any such purchaser of the Property is an "Indemnified Party," as such term is defined in Paragraph F of the Recitals to this Agreement.

Parties Bound; Benefit. This Agreement shall be binding upon Guarantors and Guarantors' respective successors, assigns, heirs and personal representatives and shall be for the benefit of Administrative Agent and Lenders, and of any subsequent holder of their respective interests in the Loans and of any owner of a participation interest therein. In the event the interest of any Lender or Administrative Agent under the Loan Documents is sold or transferred, then the liability of the Guarantors to such Lender or Administrative Agent shall then be in favor of both Administrative Agent and Lenders originally named herein and each subsequent holder of such Administrative Agent's or Lender's interest therein, to the extent of their respective interests.