Common use of Successors and Assigns; Assignments Clause in Contracts

Successors and Assigns; Assignments. This Agreement shall bind and inure to the benefit of and be enforceable by the Cash Management Bank, the Company and the Class A Member and their respective permitted successors and assigns. The Class A Member shall have the right to assign or transfer its rights under this Agreement. Any assignee or transferee of the Class A Member, the identity of which shall have been notified to the Cash Management Bank by the Class A Member, shall be entitled to all the benefits afforded the Class A Member under this Agreement.

Appears in 3 contracts

Samples: Loan Agreement (W2007 Grace Acquisition I Inc), Real Estate Sale Agreement (American Realty Capital Hospitality Trust, Inc.), Real Estate Sale Agreement (American Realty Capital Hospitality Trust, Inc.)

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