Common use of Successors and Assigns; Participants Clause in Contracts

Successors and Assigns; Participants. All covenants and agreements made by or on behalf of the Borrower in this Agreement, the Notes and the Collateral Documents shall bind its successors and assigns and shall inure to the benefit of the Agent and the Banks and their respective successors and assigns. The Borrower may not assign its rights or obligations under this Agreement.

Successors and Assigns; Participants. All covenants and agreements made by or on behalf of the Borrower in this Agreement, the Notes and the Collateral Loan Documents shall bind its successors and assigns and shall inure to the benefit of the Agent and the Banks Lenders and their respective successors and assigns. The Borrower may not assign its rights or obligations under this Agreement.