Successors and Assigns; Benefit of Agreement. (a) All of the terms of this Agreement will be binding upon and inure to the benefit of and be enforceable by the Parties and their respective successors and permitted assigns, and will be binding upon and inure to the benefit of and be enforceable by any holder or holders at any time of the Obligations owed to a Second Lien Secured Party, or any part thereof.
(b) None of the Grantors may assign, delegate or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the ABL Loan Collateral Agent (acting on the instructions of the Administrative Agent) and the Inventory Collateral Agent (acting on the instructions of the Inventory Party), and any purported assignment, delegation or other transfer in violation of this provision will be void and of no effect.
(c) The Inventory Collateral Agent may assign or transfer its rights under this Agreement in the manner permitted under the Intercreditor Agreement.
(d) Each Grantor waives and will not assert against any assignee of the Inventory Collateral Agent any claims, defenses or set offs which such Grantor could assert against the prior Inventory Collateral Agent except for defenses which cannot be waived under applicable law.
(e) The Inventory Collateral Agent and the other Second Lien Secured Parties will hold in accordance with this Agreement (and to the extent applicable, the Intercreditor Agreement) all items of the Collateral at any time received under this Agreement. It is expressly understood and agreed that the obligations of the Inventory Collateral Agent as holder of the Collateral and interests therein and with respect to the disposition thereof, and otherwise under this Agreement, are only those expressly set forth in this Agreement, the Inventory Documents and the Intercreditor Agreement. The Inventory Collateral Agent shall act hereunder on the terms and conditions set forth herein, in the Inventory Documents and in the Intercreditor Agreement.
Successors and Assigns; Benefit of Agreement. This Security Agreement shall be binding upon and inure to the benefit of the Issuer and the Secured Parties and their respective successors and assigns; provided, however, that the Issuer may not assign any of its rights or obligations hereunder except with the prior written consent of the Collateral Agent (on behalf of the holders of the Senior Notes), each Swap Counterparty, each of the Rating Agencies and each Subordinated Noteholder. This Security Agreement shall also inure to the benefit of the holders of the Notes, which are hereby expressly declared to be third party beneficiaries hereof. Subject to the foregoing, no Person not a party to this Security Agreement shall be deemed to be a third party beneficiary hereof nor shall any Person be empowered to enforce the provisions of this Security Agreement, except as set forth in the preceding sentence, or in Section 11.17, and to the extent such Person becomes a permitted successor or assign hereunder.
Successors and Assigns; Benefit of Agreement. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. This Agreement is solely for the benefit of the signatories hereto (and their respective successors and assigns), and, no other Person (including without limitation any other creditor of or claimant against any Borrower Party) shall have any rights under, or because of the existence of, this Agreement.
Successors and Assigns; Benefit of Agreement. The provisions of this Agreement shall (a) be binding upon WIL-Ireland and its successors and assigns permitted by the Credit Agreement and (b) inure to the benefit of and be enforceable by the Guaranteed Parties (as defined in the Guaranty Agreement).
Successors and Assigns; Benefit of Agreement. This Lease shall be binding upon the parties hereto and, subject to Sections 13.9 and 13.10 hereof, their respective successors and assigns, and shall inure to the benefit of the parties hereto and their respective successors and permitted assigns. It is expressly understood and agreed that Agent is entering into this Lease for the benefit of the Lessors, who are third party beneficiaries of this Lease and each Lease Supplement.
Successors and Assigns; Benefit of Agreement. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns; provided, however, that (a) except for the assignment by the Issuer of its right, title and interest hereunder to the Collateral Agent pursuant to Section 5.01(ii) of the Security Agreement and (b) except as provided in Section 17 hereof, no party hereto may assign any of its rights or obligations hereunder unless such party shall have obtained (i) the prior written consent of all parties hereto and (ii) the written confirmation of each of the Rating Agencies that such assignment will not result in a reduction or withdrawal of its then current rating, if any, of the Secured Liquidity Notes or Extended Notes. This Agreement shall also inure to the benefit of the Collateral Agent and each Swap Counterparty, each of which is hereby expressly declared to be a third party beneficiary hereof. Subject to the foregoing, no Person not a party to this Agreement shall be deemed to be a third party beneficiary hereof nor shall any Person be empowered to enforce the provisions of this Agreement, except as set forth in the preceding sentence and to the extent such Person becomes a permitted successor or assign hereunder.
Successors and Assigns; Benefit of Agreement. All covenants and agreements of the parties hereto under this Agreement shall bind their respective successors and assigns, whether or not so expressed herein. Nothing contained in this Agreement or in the Notes, express or implied, shall give to any person, other than the parties hereto and their successors and assigns and the Holders from time to time of the Notes, any benefits or any legal or equitable right, remedy or claim under this Agreement.
Successors and Assigns; Benefit of Agreement. This Waiver Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. This Waiver Agreement is solely for the benefit of the signatories hereto (and their respective successors and assigns), and no other Person (including without limitation any other creditor of or claimant against any Loan Party) shall have any rights under, or because of the existence of, this Waiver Agreement. Waiver Agreement
Successors and Assigns; Benefit of Agreement. This Agreement is solely for the benefit of the Creditors and their successors, designees or assignees and no other Persons, including, without limitation, the Obligor, shall have any benefit, priority or interest under, or because of the existence of, this Agreement.
Successors and Assigns; Benefit of Agreement. This Forbearance Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. This Forbearance Agreement is solely for the benefit of the signatories hereto (and their respective successors and assigns), and no other Person (including without limitation any other creditor of or claimant against any Obligor) shall have any rights under, or because of the existence of, this Forbearance Agreement.
