Common use of Successors and Assigns Participations Clause in Contracts

Successors and Assigns Participations. (a) The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns permitted hereby (including any Affiliate of the Issuing Bank that issues any Letter of Credit), except that (i) no Credit Party may assign or otherwise transfer any of its rights or obligations hereunder or under any other Credit Document without the prior written consent of each Lender (and any attempted assignment or transfer by the any Credit Party without such consent shall be null and void) and (ii) no Lender may assign or otherwise transfer its rights or obligations hereunder except in accordance with this Section. Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby (including any Affiliate of the Issuing Bank that issues any Letter of Credit), Participants (to the extent provided in paragraph (c) of this Section) and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent, the Collateral Agent, the Issuing Bank and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement.

Successors and Assigns Participations. (a) The terms and provisions of this Agreement the Loan Documents shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns permitted hereby (including any Affiliate of the Issuing Bank LC Issuer that issues any Letter of Credit), except that (i) no Credit Party the Borrower may not assign or otherwise transfer any of its rights or obligations hereunder or under any other Credit Document the Loan Documents without the prior written consent of each Lender (and any attempted assignment or transfer by the any Credit Party Borrower without such consent shall be null and void) and (ii) no Lender may assign or otherwise transfer its rights or obligations hereunder under the Loan Documents except in accordance with this SectionSection 12.1. Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby (including any Affiliate of the Issuing Bank LC Issuer that issues any Letter of Credit), Participants (to the extent provided in paragraph (c) of this Section) and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent, the Collateral Agent, the Issuing Bank LC Issuer and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement.

Successors and Assigns Participations. (a) The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns permitted hereby (including any Affiliate of the Issuing Bank that issues any Letter of Credit)hereby, except that (i) no Credit Party neither the Borrowers nor any other Obligor may assign or otherwise transfer any of its rights or obligations hereunder or under any other Credit Document without the prior written consent of the Agent and each Lender (and any attempted assignment or transfer by the any Credit Party without such consent shall be null and void) and (ii) no Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an Eligible Assignee in accordance with the provisions of subsection (b) of this SectionSection 13.5, (ii) by way of participation in accordance with the provisions of subsection (d) of this Section 13.5, or (iii) by way of pledge or assignment of a security interest subject to the restrictions of subsection (f) of this Section 13.5 (and any other attempted assignment or transfer by any party hereto shall be null and void). Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby (including any Affiliate of the Issuing Bank that issues any Letter of Credit)hereby, Participants (to the extent provided in paragraph subsection (cd) of this Section) Section and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent, the Collateral Agent, the Issuing Bank L/C Issuer and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement.

Successors and Assigns Participations. (a) The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns permitted hereby (including any Affiliate of the Issuing Bank that issues any Letter of Credit)hereby, except that (i) no Credit Party neither the Borrower nor any other Obligor may assign or otherwise transfer any of its rights or obligations hereunder or under any other Credit Document without the prior written consent of the Agent and each Lender (and any attempted assignment or transfer by the any Credit Party without such consent shall be null and void) and (ii) no Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an Eligible Assignee in accordance with the provisions of subsection (b) of this SectionSection 13.5, (ii) by way of participation in accordance with the provisions of subsection (d) of this Section 13.5, or (iii) by way of pledge or assignment of a security interest subject to the restrictions of subsection (f) of this Section 13.5 (and any other attempted assignment or transfer by any party hereto shall be null and void). Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby (including any Affiliate of the Issuing Bank that issues any Letter of Credit)hereby, Participants (to the extent provided in paragraph (c) of this SectionSection 13.5(d) and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent, the Collateral Agent, the Issuing Bank L/C Issuer and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement.