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 Guarantee shall inure to the benefit of any assignee or transferee of the Notes pursuant to Section 11.2(a), and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lenders shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. In determining whether the holders of a sufficient aggregate principal amount of the Loan shall have consented to any action under this Agreement, any amount of the Loan owned or held by the Company, any Subsidiary Guarantor or any of their respective Affiliates shall be disregarded. The Company's rights or any interest therein hereunder may not be assigned without the prior express written consent of each of the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Wellman Inc), Credit Agreement (Wellman 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 Lenders. The terms and provisions of this Agreement Agreement, each Guarantee, the Security Documents and each Guarantee the other Loan Documents shall inure to the benefit of any assignee or transferee of the Notes pursuant to Section 11.2(a)10.2A, and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lenders shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. In Except as provided in Section 10.6, in determining whether the holders of a sufficient aggregate principal amount of the Loan Loans shall have consented to any action under this Agreement, any amount of the Loan Loans owned or held by the Company, any Subsidiary Guarantor or any of their respective Affiliates shall be disregarded. The Company's rights or any interest therein hereunder may not be assigned without the prior express written consent of each of the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Republic Engineered Steels 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 Guarantee shall inure to the benefit of any assignee or transferee of the Notes pursuant to Section 11.2(a10.2(a), and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lenders shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. In Except as provided in Section 10.6, in determining whether the holders of a sufficient aggregate principal amount of the Loan Loans shall have consented to any action under this Agreement, any amount of the Loan Loans owned or held by the Company, any Subsidiary Guarantor or any of their respective Affiliates shall be disregarded. The Company's ’s rights or any interest therein hereunder may not be assigned without the prior express written consent of each of the Lenders.

Appears in 1 contract

Samples: Bridge Loan (Equinix 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 Guarantee shall inure to the benefit of any assignee or transferee of the Notes pursuant to Section 11.2(a)12.2A, and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lenders shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. In determining whether the holders of a sufficient aggregate principal amount of the Loan Loans shall have consented to any action under this Agreement, any amount of the Loan Loans owned or held by the Company, any Subsidiary Guarantor or any of their respective Affiliates shall be disregarded. The Company's rights or any interest therein hereunder may not be assigned without the prior express written consent of each of the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Vertis 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 permitted successors and assigns of the Lenders. The terms and provisions of this Agreement and Agreement, each Guarantee and the Pledge Agreement shall inure to the benefit of any assignee or transferee of the Notes Loans pursuant to Section 11.2(a10.2(a), and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lenders shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. In determining whether the holders of a sufficient aggregate principal amount of the Loan Loans shall have consented to any action under this Agreement, any amount of the Loan Loans owned or held by the Company, any Subsidiary Guarantor or any of their respective Affiliates shall be disregarded. The Company's rights or any interest therein hereunder may not be assigned without the prior express written consent of each of the Lenders.

Appears in 1 contract

Samples: Loan Agreement (Formus Communications 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 permitted successors and assigns of the Lenders. The terms and provisions of this Agreement and each Guarantee shall inure to the benefit of any assignee or transferee of the Notes pursuant to Section 11.2(a13.1(a), and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lenders shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. In Except as provided in Section 13.5, in determining whether the holders of a sufficient aggregate principal amount of the Loan Loans shall have consented to any action under this Agreement, any amount of the Loan Loans owned or held by the Company, any Subsidiary Guarantor or any of its their respective Affiliates shall be disregarded. The Company's and the Guarantors' rights or any interest therein hereunder may not be assigned without the prior express written consent of each of the Lenders.

Appears in 1 contract

Samples: Subordinated Credit Agreement (Bio Rad Laboratories 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 Guarantee shall inure to the benefit of any assignee or transferee of the Notes pursuant to Section 11.2(a)12.2A, and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lenders shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. In determining whether the holders of a sufficient aggregate principal amount of the Loan Loans shall have consented to any action under this Agreement, any amount of the Loan Loans owned or held by the Company, any Subsidiary Guarantor or any of their respective Affiliates shall be disregarded. The Company's rights or any interest therein hereunder may not be assigned without the prior express written consent of each of the Lenders.

Appears in 1 contract

Samples: Ameristar Casinos 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 Guarantee shall inure to the benefit of any assignee or transferee of the Notes pursuant to Section 11.2(a)10.2A, and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lenders shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. In Except as provided in Section 10.6, in determining whether the holders of a sufficient aggregate principal amount of the Loan Loans shall have consented to any action under this Agreement, any amount of the Loan Loans owned or held by the Company, any Subsidiary Guarantor or any of their respective Affiliates shall be disregarded. The Company's rights or any interest therein hereunder may not be assigned without the prior express written consent of each of the Lenders.

Appears in 1 contract

Samples: Senior Credit Agreement (Young America Holdings 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 Guarantee shall inure to the benefit of any assignee or transferee of the Notes pursuant to Section 11.2(a)12.2A, and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lenders shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. In Except as provided in Section 12.6, in determining whether the holders of a sufficient aggregate principal amount of the Loan Loans shall have consented to any action under this Agreement, any amount of the Loan Loans owned or held by the Company, any Subsidiary Guarantor or any of their respective Affiliates shall be disregarded. The Company's rights or any interest therein hereunder may not be assigned without the prior express written consent of each of the Lenders.

Appears in 1 contract

Samples: Subordinated Credit Agreement (Capstone Pharmacy Services 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 Guarantee shall inure to the benefit of any assignee or transferee of the Notes pursuant to Section 11.2(a)9.2A, and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lenders shall automatically extend to and be vested in such transferee or assignee, all subject to 91 -86- the terms and conditions hereof. In Except as provided in Section 9.6, in determining whether the holders of a sufficient aggregate principal amount of the Bridge Loan shall have consented to any action under this Agreement, any amount of the Bridge Loan owned or held by the Company, any Subsidiary Guarantor Company or any of their its respective Affiliates shall be disregarded. The Company's rights or any interest therein hereunder may not be assigned without the prior express written consent of each of the Lenders.

Appears in 1 contract

Samples: Senior Credit Agreement (Chancellor Radio Broadcasting Co)

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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 permitted successors and assigns of the Lenders. The terms and provisions of this Agreement and each Guarantee the other Loan Documents shall inure to the benefit of any assignee or transferee of the Notes Loans pursuant to Section 11.2(a9.1(a), and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lenders shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. In determining whether the holders of a sufficient aggregate principal amount of the Loan Loans shall have consented to any action under this Agreement, any amount of the Loan Loans owned or held by the CompanyBorrower, any Subsidiary the Guarantor or any of their respective Affiliates shall be disregarded. The CompanyBorrower's rights or any interest therein hereunder may not be assigned without the prior express written consent of each of the Lenders.

Appears in 1 contract

Samples: Loan Agreement (Trump Hotels & Casino Resorts Funding 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 Guarantee shall inure to the benefit of any assignee or transferee of the Notes pursuant to Section 11.2(a)SECTION 12.2A, and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lenders shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. In Except as provided in SECTION12.6, in determining whether the holders of a sufficient aggregate principal amount of the Loan Loans shall have consented to any action under this Agreement, any amount of the Loan Loans owned or held by the CompanyBorrower, any Subsidiary Guarantor or any of their respective Affiliates shall be disregarded. The CompanyBorrower's rights or any interest therein hereunder may not be assigned without the prior express written consent of each of the Lenders.

Appears in 1 contract

Samples: Senior Subordinated Credit Agreement (Petersen Holdings 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 permitted successors and assigns of the Lenders. The terms and provisions of this Agreement and each Guarantee shall inure to the benefit of any assignee or transferee of the Notes pursuant to Section 11.2(a12.1(a), and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lenders shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. In Except as provided in Section 12.5, in determining whether the 105 holders of a sufficient aggregate principal amount of the Loan Loans shall have consented to any action under this Agreement, any amount of the Loan Loans owned or held by the Company, any Subsidiary Guarantor or any of its their respective Affiliates shall be disregarded. The Company's and the Guarantors' rights or any interest therein hereunder may not be assigned without the prior express written consent of each of the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Bio Rad Laboratories 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 Guarantee shall inure to the benefit of any permitted assignee or transferee of the Notes pursuant to Section 11.2(a)10.2A, and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lenders shall automatically extend to and be vested in such permitted transferee or assignee, all subject to the terms and conditions hereof. In Except as provided in Section 10.6, in determining whether the holders of a sufficient aggregate principal amount of the Loan Loans shall have consented to any action under this Agreement, any amount of the Loan Loans owned or held by the CompanyBorrower, any Subsidiary Guarantor or any of their respective Affiliates shall be disregarded. The CompanyBorrower's rights or any interest therein hereunder may not be assigned without the prior express written consent of each of the Lenders.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Renaissance Cosmetics Inc /De/)

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 Guarantee shall inure to the benefit of any assignee or transferee of the Notes pursuant to Section 11.2(a)12.1A, and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lenders shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. In determining whether the holders of a sufficient aggregate principal amount of the Loan Loans shall have consented to any action under this Agreement, any amount of the Loan Loans owned or held by the CompanyBorrower, any Subsidiary Guarantor or any of their respective its Affiliates shall be disregarded. The CompanyBorrower's rights or any interest therein hereunder may not be assigned without the prior express written consent of each of the Lenders.

Appears in 1 contract

Samples: Primestar 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 Guarantee shall inure to the benefit of any assignee or transferee of the Notes pursuant to Section 11.2(a)10.1A, and in the event of such transfer or assignment, the rights and privileges herein conferred upon the Lenders shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. In Except as provided in Section 10.5, in determining whether the holders of a sufficient aggregate principal amount of the Loan Loans shall have consented to any action under this Agreement, any amount of the Loan Loans owned or held by the Company, any Subsidiary Guarantor the Guarantors or any of their respective Affiliates shall be disregarded. The Company's rights or any interest therein hereunder may not be assigned without the prior express written consent of each of the Lenders.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Central European Media Enterprises LTD)

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