Successors and Assigns; Survival. This Agreement will be binding upon the Indemnitor and its heirs, administrators, successors and assigns, and will inure to the benefit of the Administrative Agent and its successors and assigns as well as any persons or entities who acquire possession of the Property from, or through action by, the Administrative Agent; provided, however, that the Indemnitor may not assign this Agreement in whole or in part without the Administrative Agent’s prior written consent and the Administrative Agent at any time may assign this Agreement in whole or in part to any Person who succeeds the Administrative Agent under the Loan Documents or who acts on behalf of the Administrative Agent in connection with the exercise of its rights pursuant to Section 8.2 of the Credit Agreement. The Indemnitors’ obligations under this Agreement shall survive any transfer of possession of the Property by the Indemnitor or the Administrative Agent and payment of the Loan in full.
Appears in 5 contracts
Samples: Intercompany Subordination Agreement (Under Armour, Inc.), Joinder and Assumption Agreement (Under Armour, Inc.), Intercompany Subordination Agreement (Under Armour, Inc.)
