Common use of Successors and Assigns; Subsequent Holders of Notes Clause in Contracts

Successors and Assigns; Subsequent Holders of Notes. This Agreement shall be binding upon the parties hereto and their respective successors and assigns and shall inure to the benefit of the parties hereto and the successors and assigns of the Lenders. The terms and provisions of this Agreement and each Loan Document shall inure to the benefit of any assignee or transferee of the Notes pursuant to Section 7.1, and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lender shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. The Company's rights or any interest therein hereunder may not be assigned without the prior express written consent of the Lender and the Trustee.

Appears in 20 contracts

Samples: Senior Secured Loan Agreement (R&b Falcon Corp), Senior Secured Loan Agreement (RBF Finance Co), Senior Secured Loan Agreement (R&b Falcon Corp)

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Successors and Assigns; Subsequent Holders of Notes. This Agreement shall be binding upon the parties hereto and their respective successors and assigns and shall inure to the benefit of the parties hereto and the successors and assigns of the Lenders. The terms and provisions of this Agreement and each Loan Document shall inure to the benefit of any assignee or transferee of the Notes pursuant to Section 7.1Notes, and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lender Lenders shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. The Company's rights or any interest therein hereunder may not be assigned without the prior express written consent of the Lender and the Trusteeall Lenders. Lenders' rights of assignment are subject to subsection 9.1.

Appears in 2 contracts

Samples: Credit Agreement (Borg Warner Security Corp), Credit Agreement (Borg Warner Security Corp)

Successors and Assigns; Subsequent Holders of Notes. This Agreement shall be binding upon the parties hereto and their respective successors and assigns and shall inure to the benefit of the parties hereto and the successors and assigns of the Lenders. The terms and provisions of this Agreement and each Loan Document shall inure to the benefit of any assignee or transferee of the Notes pursuant to Section 7.1Loans, and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lender Lenders shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. The CompanyNeither Holding's or any of its Subsidiaries' rights or nor 140 any interest therein hereunder may not be assigned without the prior express written consent of the Lender and the Trusteeall Lenders. Lenders' rights of assignment are subject to subsection 10.2.

Appears in 1 contract

Samples: Credit Agreement (Blue Bird Corp)

Successors and Assigns; Subsequent Holders of Notes. This Agreement shall be binding upon the parties hereto and their respective successors and assigns and shall inure to the benefit of the parties hereto and the successors and assigns of the Lenders. The terms and provisions of this Agreement and each Loan Document shall inure to the benefit of any assignee or transferee of the Notes pursuant to Section 7.1Loans, and in the event of such transfer or assignment, the rights and privileges privi- leges herein conferred upon the Lender Lenders shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. The CompanyNeither Holdings's or any of its Subsidiaries' rights or nor any interest therein hereunder may not be assigned without the prior express written consent of the Lender and the Trusteeall Lenders. Lenders' rights of assignment are subject to subsection 10.2.

Appears in 1 contract

Samples: Possession Credit Agreement (Wherehouse Entertainment Inc)

Successors and Assigns; Subsequent Holders of Notes. This Agreement shall be binding upon the parties hereto and their respective successors and assigns and shall inure to the benefit of the parties hereto and the successors and assigns of the LendersLender. The terms and provisions of this Agreement and each Loan Document shall inure to the benefit of any assignee or transferee of the Notes pursuant to Section 7.1Notes, and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lender shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. The CompanyBorrower's rights or any interest therein hereunder may not be assigned without the prior express written consent of the Lender and the TrusteeLender.

Appears in 1 contract

Samples: Loan Administration Agreement (Meridian Industrial Trust Inc)

Successors and Assigns; Subsequent Holders of Notes. This Agreement shall be binding upon the parties hereto and their respective successors and assigns and shall inure to the benefit of the parties hereto and the successors and assigns of the LendersLender. The terms and provisions of this Agreement and each Loan Document all certificates delivered pursuant hereto shall inure to the benefit of any assignee or transferee of the Notes pursuant Notes, to Section 7.1the extent the assignment is permitted hereunder, and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lender shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. The Company's ’s rights or any interest therein or hereunder may not be assigned without the prior express written consent of the Lender and the TrusteeMajority Holders.

Appears in 1 contract

Samples: Senior Subordinated Loan Agreement (GTCR Fund Vii Lp)

Successors and Assigns; Subsequent Holders of Notes. This Agreement and the other Loan Documents shall be binding upon the parties hereto and their respective successors and assigns and shall inure to the benefit of the parties hereto and the successors and permitted assigns of the LendersAdministrative Agent, the Senior Lenders and the Issuing Banks. The terms and provisions of this Agreement and each Loan Document shall inure to the benefit of any assignee or transferee of the Notes pursuant to Section 7.1Notes, and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lender Senior Lenders shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. The Company's rights or any interest therein hereunder may not be assigned without the prior express written consent of the Lender and the Trustee.all Senior Lenders. 12.18

Appears in 1 contract

Samples: Credit Agreement (7 Eleven Inc)

Successors and Assigns; Subsequent Holders of Notes. This Agreement shall be binding upon the parties hereto and their respective successors and assigns and shall inure to the benefit of the parties hereto and the successors and assigns of the LendersLender. The terms and provisions of this Agreement and each Loan Document all other certificates delivered pursuant to Article 3 shall inure to the benefit of any assignee or transferee of the Notes Note pursuant to Section 7.18.1(a), and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lender shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. The Company's ’s rights or any interest therein hereunder may not be assigned without the prior express written consent of the Lender and the TrusteeLender.

Appears in 1 contract

Samples: Secured Term Loan Agreement (MSX International Inc)

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Successors and Assigns; Subsequent Holders of Notes. This Agreement shall be binding upon the parties hereto and their respective successors and assigns and shall inure to the benefit of the parties hereto and the successors and assigns of the LendersLender. The terms and provisions of this Agreement and each Loan Document all other certificates delivered pursuant to Section 3 shall inure to the benefit of any assignee or transferee of the Notes Note pursuant to Section 7.19.1(a), and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lender shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. The Company's rights or any interest therein hereunder may not be assigned without the prior express written consent of the Lender and the TrusteeLender.

Appears in 1 contract

Samples: Subordinated Credit Agreement (Lower Road Associates LLC)

Successors and Assigns; Subsequent Holders of Notes. This Agreement shall be binding upon the parties hereto and their respective successors and assigns and shall inure to the benefit of the parties hereto and the successors and assigns of the LendersLender. The terms and provisions of this Agreement and each Loan Document all other certificates delivered pursuant to Article 3 shall inure to the benefit of any assignee or transferee of the Notes pursuant to Section 7.19.1(a), and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lender shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. The Company's Borrowers' rights or any interest therein hereunder may not be assigned without the prior express written consent of the Lender and the TrusteeLender.

Appears in 1 contract

Samples: Term Loan Agreement (MSX International Inc)

Successors and Assigns; Subsequent Holders of Notes. This Agreement shall be binding upon the parties hereto and their respective successors and assigns and shall inure to the benefit of the parties hereto and the successors and assigns of the Lenders. The terms and provisions of this Agreement and each Loan Document all certificates delivered pursuant hereto shall inure to the benefit of any assignee or transferee of the Notes pursuant Notes, to Section 7.1the extent the assignment is permitted hereunder, and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lender Lenders shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. The Company's rights or any interest therein or hereunder may not be assigned without the prior express written consent of the Lender and the TrusteeMajority Holders.

Appears in 1 contract

Samples: Subordinated Loan Agreement (Synagro Technologies Inc)

Successors and Assigns; Subsequent Holders of Notes. This Agreement shall be binding upon the parties hereto and their respective successors and assigns and shall inure to the benefit of the parties hereto and the successors and assigns of the LendersLender. The terms and provisions of this Agreement and each Loan Document all certificates delivered pursuant hereto shall inure to the benefit of any assignee or transferee of the Notes pursuant Notes, to Section 7.1the extent the assignment is permitted hereunder, and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lender shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. The Company's rights or any interest therein or hereunder may not be assigned without the prior express written consent of the Lender and the TrusteeMajority Holders.

Appears in 1 contract

Samples: Junior Subordinated Loan Agreement (U S Aggregates Inc)

Successors and Assigns; Subsequent Holders of Notes. This Agreement shall be binding upon the parties hereto and their respective successors and assigns and shall inure to the benefit of the parties hereto and the successors and assigns of the LendersLender. The terms and provisions of this Agreement and each Loan Document all other certificates delivered pursuant to Article 3 shall inure to the benefit of any assignee or transferee of the Notes pursuant to Section 7.18.1(a), and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lender shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. The Company's Borrowers' rights or any interest therein hereunder may not be assigned without the prior express written consent of the Lender and the TrusteeLender.

Appears in 1 contract

Samples: Fourth Secured Term Loan Agreement (MSX International Inc)

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