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

Successors and Assigns; Governing Law. This Agreement shall be binding upon and inure to the benefit of the respective successors and assigns of the parties hereto; provided, however (i) that Borrower shall not assign this Agreement, or any rights or duties arising hereunder, without the express prior written consent of Lenders and (ii) that subject to the right to enter into participation arrangements under Section 9.10 hereof, no Lender may assign its rights or duties arising hereunder, except as provided in 9.11 hereof, without the express prior written consent of Borrower and of the other Lenders. This Agreement shall be construed and enforced in accordance with the internal laws of the Commonwealth of Pennsylvania for contracts made and to be performed in Pennsylvania.

Appears in 2 contracts

Samples: Secured Loan Agreement (Pennsylvania Real Estate Investment Trust), Revolving Credit Agreement (Pennsylvania Real Estate Investment Trust)

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Successors and Assigns; Governing Law. This Agreement Agree ment shall be binding upon and inure to the benefit of the respective successors and assigns of the parties hereto; provided, however (i) that Borrower shall not assign this Agreement, or any rights or duties arising hereunder, without the express prior written consent of Lenders Lender and (ii) that subject to the right to enter into participation arrangements under Section 9.10 8.10 hereof, no Lender may not assign its rights or duties arising hereunder, except as provided in 9.11 hereof, hereunder without the express prior written consent of Borrower and of the other LendersBorrower. This Agreement shall be construed and enforced in accordance with the internal laws of the Commonwealth of Pennsylvania for contracts made and to be performed in Pennsylvania.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (First Washington Realty Trust Inc)

Successors and Assigns; Governing Law. This Agreement shall be binding upon and inure to the benefit of the respective successors and assigns of the parties hereto; provided, however (i) that Borrower shall not assign this Agreement, or any rights or duties arising hereunder, without the express prior written consent of Lenders Lender and (ii) that subject to the right to enter into participation arrangements under Section 9.10 hereof, no Lender may not assign its rights or duties arising hereunder, except as provided in 9.11 hereof, hereunder without the express prior written consent of Borrower and of the other LendersBorrower. This Agreement shall be construed and enforced in accordance with the internal laws of the Commonwealth of Pennsylvania for contracts made and to be performed in Pennsylvania.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Pennsylvania Real Estate Investment Trust)

Successors and Assigns; Governing Law. This Agreement shall be binding upon and inure to the benefit of the respective successors and assigns of the parties hereto; provided, however (i) that Borrower shall not assign this Agreement, or any rights or duties arising hereunder, without the express prior written consent of Lenders Lender and (ii) that that, subject to the right to enter into participation arrangements under Section 9.10 8.9 hereof, no Lender may not assign its rights or duties arising hereunder, except as provided in 9.11 hereof, hereunder without the express prior written consent of Borrower and of the other LendersBorrower. This Agreement shall be construed and enforced in accordance with the internal laws of the Commonwealth of Pennsylvania for contracts made and to be performed in Pennsylvania.

Appears in 1 contract

Samples: Line of Credit Loan Agreement (Orleans Homebuilders Inc)

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Successors and Assigns; Governing Law. This Agreement shall be binding upon and inure to the benefit of the respective successors and assigns of the parties hereto; provided, however (i) that Borrower Borrowers shall not assign this Agreement, or any rights or duties arising hereunder, without the express prior written consent of Lenders Lender and (ii) that that, subject to the right to enter into participation arrangements under Section 9.10 8.10 hereof, no Lender may not assign its rights or duties arising hereunder, except as provided in 9.11 hereof, hereunder without the express prior written consent of Borrower and of the other LendersBorrowers. This Agreement shall be construed and enforced in accordance with the internal laws of the Commonwealth of Pennsylvania for contracts made and to be performed in Pennsylvania.

Appears in 1 contract

Samples: Loan Agreement (Kramont Realty Trust)

Successors and Assigns; Governing Law. This Agreement shall be binding upon and inure to the benefit of the respective successors and assigns of the parties hereto; provided, however (i) that Borrower shall not assign this Agreement, or any rights or duties arising hereunder, without the express prior written consent of all Lenders and (ii) that subject to the right to enter into participation arrangements under Section 9.10 hereof, no Lender may assign its rights or duties arising hereunder, except hereunder or enter into any participation arrangement other than as provided in 9.11 hereof, permitted by Section 10.10 hereof without the express prior written consent of Borrower and of the other LendersBorrower. This Agreement shall be construed and enforced in accordance with the internal laws of the Commonwealth of Pennsylvania for contracts made and to be performed in Pennsylvania.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Pennsylvania Real Estate Investment Trust)

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