Common use of Successors and Assigns; Governing Law; Entire Agreement Clause in Contracts

Successors and Assigns; Governing Law; Entire Agreement. This Agreement shall be binding upon each Borrower and its successors and assigns, and shall be binding upon and inure to the benefit of the Lender and the benefit of its successors and assigns, including any subsequent holder of each Note. This Agreement and the rights and duties of the parties hereto, shall be construed and determined in accordance with the internal laws of the State of New York, without regard to principles of conflict of laws. This Agreement constitutes the entire understanding of the parties with respect to the subject matter hereof and any prior agreements, whether written or oral, with respect thereto are superseded hereby. No Borrower may assign its rights hereunder without the written consent of the Lender.