Successors and Assigns(a). (a) This Employment Agreement Is Binding on PremierWest's Successors. This Employment Agreement shall be binding upon PremierWest Bancorp and any successor to PremierWest Bancorp, including any persons acquiring directly or indirectly all or substantially all of the business or assets of PremierWest Bancorp by purchase, merger, consolidation, reorganization, or otherwise. Any such successor shall thereafter be deemed to be "PremierWest Bancorp" for purposes of this Employment Agreement. But this Employment Agreement and PremierWest's obligations under this Employment Agreement are not otherwise assignable, transferable, or delegable by PremierWest. By agreement in form and substance satisfactory to the Executive, PremierWest Bancorp shall require any successor to all or substantially all of the business or assets of PremierWest Bancorp expressly to assume and agree to perform this Employment Agreement in the same manner and to the same extent PremierWest would be required to perform if no such succession had occurred.
Successors and Assigns(a). (a) The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns permitted hereby (including any Affiliate of any Issuing Bank that issues any Letter of Credit), except that (i) the Borrower may not assign or otherwise transfer any of its rights or obligations hereunder without the prior written consent of each Lender (and any attempted assignment or transfer by the Borrower without such consent shall be null and void) and (ii) no Lender may assign or otherwise transfer its rights or obligations hereunder except in accordance with this Section. 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 (including any Affiliate of any Issuing Bank that issues any Letter of Credit), Participants (to the extent provided in paragraph (c) of this Section) and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent, the Issuing Banks and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement.
Successors and Assigns(a). (a) The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns permitted hereby, except that (i) the Borrower may not assign or otherwise transfer any of its rights or obligations hereunder without the prior written consent of each Lender (and any attempted assignment or transfer by the Borrower without such consent shall be null and void) and (ii) no Lender may assign or otherwise transfer its rights or obligations hereunder except in accordance with this Section. 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 paragraph (c) of this Section) and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement.
Successors and Assigns(a). Except as otherwise provided in this Agreement, the provisions of this Agreement shall inure to the benefit of, and be binding upon, the successors, assigns, heirs, executors, and administrators of the parties to this Agreement; provided, however, the rights of the Investor to purchase the Securities at the Closing under this Agreement shall not be assignable to any Person without the consent of the Company; provided further, that the Investor shall be permitted, without the consent of the Company, to assign all or a portion of its rights and obligations to purchase Securities at the Closing to one or more KKR Funds or Accounts or one or more Persons which are wholly owned by KKR Funds or Accounts (each a “Permitted Assignee”), in which case such Permitted Assignee shall become party to this Agreement by execution of a joinder to this Agreement and each such Permitted Assignee shall thereafter constitute an “Investor” for all purposes hereunder as if it were an Investor as of the date of this Agreement; provided further, that any assignment to a Permitted Assignee pursuant to the preceding proviso shall not relieve the assigning Investor of its obligation to purchase Securities at the Closing until the Closing has occurred and such Permitted Assignee has funded its obligation to purchase Securities hereunder.
Successors and Assigns(a). Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the permitted successors and assigns of such party; and all covenants, promises and agreements by or on behalf of the Account Party, the Limited Recourse Guarantor or the Issuing Bank that are contained in this Agreement shall bind and inure to the benefit of their respective successors and assigns.
Successors and Assigns(a). This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and permitted assigns. The Company may not assign any of its rights or obligations under this Agreement to any other Person without obtaining first the written consent of Purchaser. Parent, Purchaser or Merger Sub may not assign any of their respective rights or obligations under this Agreement to any other Person without obtaining first the written consent of the Stockholders’ Representative. Notwithstanding the foregoing, after or in connection with the Closing, each of Parent, Purchaser and Merger Sub may assign all of their respective rights under this Agreement for collateral security purposes to any lender providing financing to Parent, Purchaser, Merger Sub, the Company or any of its Subsidiaries, or in connection with a transfer or sale of the business of Parent, Purchaser, Merger Sub, the Company or any of their respective subsidiaries or otherwise, but no such assignment shall relieve Parent, Purchaser or Merger Sub of any liability or obligation hereunder.
Successors and Assigns(a). (a) The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns; provided that no party may novate, assign, delegate or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the other party hereto, except that Buyer may (i) transfer or assign, in whole or from time to time in part, to one or more of its Affiliates its rights under this Agreement, (ii) assign or transfer in a sale of all or substantially all of the Business its rights under this Agreement and (iii) assign any of its rights or obligations hereunder for collateral security purposes to any Person providing financing pursuant to the terms thereof (including for purposes of creating a security interest herein or otherwise assigning as collateral in respect of such financing); provided that, notwithstanding any such assignment pursuant to any of the foregoing clauses (i), (ii) or (iii), Buyer shall remain responsible for all obligations of and applicable to Buyer hereunder.
Successors and Assigns(a). (a) The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns; provided that the Borrower may not assign or otherwise transfer any of its rights under this Agreement without the prior written consent of all Lenders; and provided further that except as contemplated by sub sections (b), (e) and (f) of this Section 9.6 and by Sections 2.4(b) and
