Common use of Successors and Assigns. Successors and Assigns Generally Clause in Contracts

Successors and Assigns. Successors and Assigns Generally. The provisions of this Agreement and the other Loan Documents shall be binding upon and inure to the benefit of the parties hereto and thereto and their respective successors and assigns permitted hereby, except that the Borrowers may not assign or otherwise transfer any of their rights or obligations hereunder or thereunder without the prior written consent of the Administrative Agent and each Lender and 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 Section, (ii) by way of participation in accordance with the provisions of subsection (d) of this Section or (iii) by way of pledge or assignment of a security interest subject to the restrictions of subsection (f) of this Section (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, Participants to the extent provided in subsection (d) of this Section and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent, the L/C Issuers and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (SS&C Technologies Holdings Inc)

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Successors and Assigns. Successors and Assigns Generally. The provisions of this Agreement Agreement, including all covenants, promises and the other Loan Documents agreements by or on behalf of any party there are contained herein, shall be binding upon and inure to the benefit of the parties hereto and thereto and their respective successors and assigns permitted hereby, except that neither the Borrowers Company nor any other Borrower may not assign or otherwise transfer any of their its rights or obligations hereunder or thereunder without the prior written consent of the Administrative Agent and each Lender Lender, and no Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an Eligible Assignee assignee in accordance with the provisions of subsection (b) of this SectionSection 10.04(b), (ii) by way of participation in accordance with the provisions of subsection (d) of this Section 10.04(d), or (iii) by way of pledge or assignment of a security interest subject to the restrictions of subsection (fSection 10.04(e) of this Section (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, Participants to the extent provided in subsection (dSection 10.04(d) of this Section and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent, the L/C Issuers Agent and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement.

Appears in 1 contract

Samples: Five Year Revolving Credit Facility Agreement (Xylem Inc.)

Successors and Assigns. Successors and Assigns Generally. (a) The provisions of this Agreement and the other Loan Documents shall be binding upon and inure to the benefit of the parties hereto and thereto and their respective successors and assigns permitted hereby, except that the Borrowers Borrower may not assign or otherwise transfer any of their its rights or obligations hereunder or thereunder without the prior written consent of the Administrative Agent and each Lender and no Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an Eligible Assignee assignee in accordance with the provisions of subsection (b) of this SectionSection 10.06(b), (ii) by way of participation in accordance with the provisions of subsection (d) of this Section 10.06(d), or (iii) by way of pledge or assignment of a security interest subject to the restrictions of subsection (fSection 10.06(e) of this Section (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, Participants to the extent provided in subsection (d) of this Section and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent, the L/C Issuers Issuer and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Ascent Capital Group, Inc.)

Successors and Assigns. Successors and Assigns Generally. The provisions of this Agreement and the other Loan Documents shall be binding upon and inure to the benefit of the parties hereto and thereto and their respective successors and assigns permitted hereby, except that the Borrowers (i) no Loan Party may not assign or otherwise transfer any of their its rights or obligations hereunder or thereunder without the prior written consent of the Administrative Agent and each Lender and (ii) no Lender may assign or otherwise transfer any of its rights or obligations hereunder except (iA) to an Eligible Assignee in accordance with the provisions of subsection (b) of this Section, (iiB) by way of participation in accordance with the provisions of subsection (d) of this Section or (iiiC) by way of pledge or assignment of a security interest subject to the restrictions of subsection (f) of this Section (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, Participants to the extent provided in subsection (d) of this Section and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative AgentAgents, the L/C Issuers and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Technitrol Inc)

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Successors and Assigns. Successors and Assigns Generally. The provisions of this Agreement and the other Loan Documents shall be binding upon and inure to the benefit of the parties hereto and thereto and their respective successors and assigns permitted hereby, except that the Borrowers Borrower may not assign or otherwise transfer any of their its rights or obligations hereunder or thereunder without the prior written consent of the Administrative Agent and each Lender Lender, and no Lender or Holder may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an Eligible Assignee assignee in accordance with the provisions of subsection paragraph (b) of this SectionSection 9.03, (ii) by way of participation in accordance with the provisions of subsection paragraph (d) of this Section 9.03, or (iii) by way of pledge or assignment of a security interest subject to the restrictions of subsection paragraph (f) of this Section 9.03 (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, Participants to the extent provided in subsection paragraph (d) of this Section 9.03 and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent, the L/C Issuers Agent and the LendersLenders and Holders) any legal or equitable right, remedy or claim under or by reason of this Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Community Choice Financial Inc.)

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