Common use of Succession; Assignment Clause in Contracts

Succession; Assignment. This Agreement shall inure to the benefit of and be binding upon the successors to the parties hereto. No assignment of this Agreement by the Collateral Manager (including, without limitation, a change in control or management of the Collateral Manager which would be deemed an “assignment” under the Advisers Act) shall be made without the consent of the Company and the Administrative Agent.

Appears in 3 contracts

Samples: Collateral Management Agreement (FS Investment Corp III), Collateral Management Agreement (FS Energy & Power Fund), Collateral Management Agreement (FS Investment Corp II)

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Succession; Assignment. This Agreement shall inure to the benefit of and be binding upon the successors to the parties hereto. No assignment of this Agreement by the Collateral Manager (including, without limitation, a change in control or management of the Collateral Manager which would be deemed an “assignment” under the Investment Advisers Act) shall be made without the consent of the Company and the Administrative AgentCounterparty.

Appears in 2 contracts

Samples: Collateral Management Agreement (FS Investment Corp II), Collateral Management Agreement (FS Investment CORP)

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Succession; Assignment. This Agreement shall inure to the benefit of and be binding upon the successors to the parties hereto. No assignment of this Agreement by the Collateral Manager (including, without limitation, a change in control or management of the Collateral Manager which would be deemed an “assignment” under the United States Advisers ActAct of 1940, as amended) shall be made without the consent of the Company and the Administrative Agent.

Appears in 1 contract

Samples: Collateral Management Agreement (FS Investment CORP)

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