Common use of Successors and Assigns Participations Assignments Clause in Contracts

Successors and Assigns Participations Assignments. (a) This Agreement shall be binding upon and shall inure to the benefit of the Borrowers and the Lenders and their respective successors and assigns. (b) The foregoing shall not authorize any assignment by Borrowers of its rights or duties hereunder, and, except as otherwise provided herein, no such assignment shall be made (or be effective) without the prior written approval of the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Unique Fabricating, Inc.), Credit Agreement (Multimedia Games Holding Company, Inc.)

AutoNDA by SimpleDocs

Successors and Assigns Participations Assignments. (a) This Agreement shall be binding upon and shall inure to the benefit of the Borrowers Borrower and the Lenders and their respective successors and assigns. (b) The foregoing shall not authorize any assignment by Borrowers Borrower of its rights or duties hereunder, and, except as otherwise provided herein, no such assignment shall be made (or be effective) without the prior written approval of the Lenders.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Universal Truckload Services, Inc.), Revolving Credit and Term Loan Agreement (LINC Logistics Co)

Successors and Assigns Participations Assignments. (a) This Agreement shall be binding upon and shall inure to the benefit of the Borrowers Company and the Lenders Banks and their respective successors and assigns. (b) The foregoing shall not authorize any assignment by Borrowers Company, of its rights or duties hereunder, and, except as otherwise provided herein, and no such assignment shall be made (or be effective) without the prior written approval of the LendersBanks.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Renters Choice Inc), Revolving Credit Agreement (Alrenco Inc)

Successors and Assigns Participations Assignments. (a) This Agreement shall be binding upon and shall inure to the benefit of the Borrowers Borrower and the Lenders and their respective successors and assigns. (b) The foregoing shall not authorize any assignment by Borrowers the Borrower of its rights or duties hereunder, and, except as otherwise provided herein, no such assignment shall be made (or be effective) without the prior written approval of the Lenders.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Rocket Fuel Inc.), Revolving Credit and Term Loan Agreement (Rocket Fuel Inc.)

Successors and Assigns Participations Assignments. (a) This Agreement shall be binding upon and shall inure to the benefit of the Borrowers Company and the Lenders Banks and their respective successors and assigns. (b) The foregoing shall not authorize any assignment by Borrowers Company of its rights or duties hereunder, and, except as otherwise provided herein, no such assignment shall be made (or be effective) without the prior written approval of the LendersBanks.

Appears in 1 contract

Samples: Credit Agreement (Aspect Communications Corp)

Successors and Assigns Participations Assignments. (a) This Agreement shall be binding upon and shall inure to the benefit of the Borrowers and the Lenders Banks and their respective successors and assigns. (b) The foregoing shall not authorize any assignment by Borrowers Borrowers, of its their rights or duties hereunder, and, except as otherwise provided herein, and no such assignment shall be made (or be effective) without the prior written approval of the LendersBanks.

Appears in 1 contract

Samples: Credit Agreement (Saturn Electronics & Engineering Inc)

AutoNDA by SimpleDocs

Successors and Assigns Participations Assignments. (a) This Agreement shall be binding upon and shall inure to the benefit of the Borrowers Credit Parties and the Lenders and their respective successors and assigns. (b) The foregoing shall not authorize any assignment by Borrowers the Credit Parties of its their rights or duties hereunder, and, except as otherwise provided herein, no such assignment shall be made (or be effective) without the prior written approval of all of the Lenders.

Appears in 1 contract

Samples: Revolving Credit Agreement (Plastipak Holdings Inc)

Successors and Assigns Participations Assignments. (a) This Agreement shall be binding binding, upon and shall inure to the benefit of the Borrowers Company and the Lenders and their respective successors and assigns. (b) The foregoing shall not authorize any assignment by Borrowers Company, of its rights or duties hereunder, and, except as otherwise provided herein, and no such assignment shall be made (or be effective) without the prior written approval of the Lenders.

Appears in 1 contract

Samples: Credit Agreement (FLD Acquisition Corp)

Successors and Assigns Participations Assignments. (a) This Agreement shall be binding upon and shall inure to the benefit of Company, the Borrowers Agent and the Lenders Banks and their respective successors and assigns. (b) The foregoing shall not authorize any assignment by Borrowers Company of its rights or duties hereunder, and, except as otherwise provided herein, no such assignment shall be made (or be effective) without the prior written approval of the LendersBanks.

Appears in 1 contract

Samples: Credit Agreement (Valassis Communications Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!