Common use of Successors and Assigns; Participations; Purchasing Banks Clause in Contracts

Successors and Assigns; Participations; Purchasing Banks. (a) This Agreement shall be binding upon and inure to the benefit of the Parent, the Borrowers, the Banks, the Administrative Agent, all future holders of the Notes, if any, all future obligees under the Loans and their respective successors and assigns, except that neither the Parent nor any Borrower may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of each Bank.

Successors and Assigns; Participations; Purchasing Banks. (a) This Agreement shall be binding upon and inure to the benefit of the Parent, the BorrowersBorrower, the Banks, the Administrative Agent, all future holders of the Notes, if any, all future obligees under the Loans Loan and their respective successors and assigns, except that neither the Parent nor any Borrower may not assign or transfer any of its rights or obligations under this Agreement Agreement, other than in connection with an assignment or transfer otherwise permitted hereunder, without the prior written consent of each Bank.