Common use of Successors and Assigns; Third Party Rights Clause in Contracts

Successors and Assigns; Third Party Rights. (a) This Agreement shall bind and inure to the benefit of the respective successors and assigns of the parties hereto, except that the Borrower may not assign or otherwise transfer all or any part of its rights or obligations under this Agreement without the prior written consent of EBRD. (b) EBRD may sell, transfer, assign, novate or otherwise dispose of all or part of its rights or obligations under this Agreement and the other Financing Agreements, (including, by granting of Participations or otherwise). (c) Except as provided in Section 8.12(a) or 8.12(b), none of the terms of this Agreement are intended to be enforceable by any third party.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

AutoNDA by SimpleDocs

Successors and Assigns; Third Party Rights. (a) This Agreement shall bind and inure to the benefit of the respective successors and assigns of the parties hereto, except that the Borrower may not assign or otherwise transfer all or any part of its rights or obligations under this Agreement without the prior written consent of EBRD. (b) EBRD may sell, transfer, assign, novate or otherwise dispose of all or part of its rights or obligations under this Agreement and the other Financing Agreements, Agreements (including, by granting of Participations or otherwise). (c) Except as provided in Section 8.12(a) or 8.12(b), none of the terms of this Agreement are intended to be enforceable by any third party.

Appears in 2 contracts

Samples: Loan Agreement (Caspian Services Inc), Loan Agreement (Central European Media Enterprises LTD)

Successors and Assigns; Third Party Rights. (a) This Agreement shall bind and inure to the benefit of the respective successors and assigns of the parties hereto, except that the Borrower Company may not assign or otherwise transfer all or any part of its rights or obligations under this Agreement without the prior written consent of EBRD. (b) EBRD may sell, transfer, assign, novate assign or otherwise dispose of transfer all or any part of its rights or obligations under this Agreement and without the other Financing Agreements, (including, by granting prior written consent of Participations or otherwise)the Company. (c) Except as provided in Section 8.12(a6.07(a) or 8.12(b(b), none of the terms of this Agreement are intended to be enforceable by any third partyparty pursuant to the Contracts (Rights of Third Parties) Xxx 0000 or otherwise.

Appears in 1 contract

Samples: Investment Agreement (Caspian Services Inc)

AutoNDA by SimpleDocs

Successors and Assigns; Third Party Rights. (a) This Agreement shall bind and inure to the benefit of the respective successors and assigns of the parties hereto, except that the Borrower may not assign or otherwise transfer all or any part of its rights or obligations under this Agreement without the prior written consent of EBRD. (b) EBRD may sell, transfer, assign, novate or otherwise dispose of all or part of its rights or obligations under this Agreement and the other New Financing Agreements, Agreements (including, by granting of Participations or otherwise). (c) Except as provided in Section 8.12(a) or 8.12(b), none of the terms of this Agreement are intended to be enforceable by any third party.

Appears in 1 contract

Samples: Loan Agreement (Central European Media Enterprises LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!