Common use of Section 8—Original Clause in Contracts

Section 8—Original. This Guaranty shall be binding upon the Guarantor and upon its successors and assigns and shall inure to the benefit of and be enforceable by the Beneficiary and its successors and assigns; provided, however, that the Guarantor may not assign or transfer any of its rights or obligations hereunder without the prior written consent of the Beneficiary. The assignment rights of the Beneficiary will be in accordance with any applicable terms of the Agreement.

Appears in 16 contracts

Samples: Confirmation Agreement, Confirmation Agreement, Confirmation Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!