Common use of Successors and Assigns; Participations; New Lenders; Taxes; Syndication Clause in Contracts

Successors and Assigns; Participations; New Lenders; Taxes; Syndication. (a) This Agreement and the Other Documents shall be binding upon and inure to the benefit of each Loan Party, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns; except, that, no Loan Party may assign or transfer any of its rights or obligations under this Agreement or any Other Document (other than pursuant to a merger or consolidation of Loan Parties permitted hereunder) without the prior written consent of Agent and each Lender.

Appears in 7 contracts

Samples: Loan and Security Agreement (American Outdoor Brands, Inc.), Loan and Security Agreement (American Outdoor Brands, Inc.), Loan and Security Agreement (Forbes Energy Services Ltd.)

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Successors and Assigns; Participations; New Lenders; Taxes; Syndication. (a) This Agreement and the Other Documents shall be binding upon and inure to the benefit of each Loan PartyParties, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns; except, that, no Loan Party may assign or transfer any of its rights or obligations under this Agreement or any Other Document (other than pursuant to a merger or consolidation of Loan Parties permitted hereunder) without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Winnebago Industries Inc)

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Successors and Assigns; Participations; New Lenders; Taxes; Syndication. (a) This Agreement and the Other Documents shall be binding upon and inure to the benefit of each Loan PartyParties, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns; except, that, no Loan Party may assign or transfer any of its rights or obligations under this Agreement or any Other Document (other than pursuant to a merger or consolidation of Loan Parties permitted hereunder) without the prior written consent of Agent and each LenderLender or as otherwise expressly permitted by this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Velocity Express Corp)

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