Succession; Assignment. (a) This Agreement shall inure to the benefit of and be binding upon the successors to the parties hereto. No assignment of this Agreement shall be made without the consent of the other party except as set forth below and without satisfaction of the Rating Agency Condition (except as permitted under clauses (b) and (c) below), provided that the Issuer may collaterally assign its interest in this Agreement to the Trustee under the Indenture.
Appears in 4 contracts
Samples: Collateral Management Agreement (Gramercy Capital Corp), Collateral Management Agreement (Gramercy Capital Corp), Collateral Management Agreement (Gramercy Capital Corp)
