Common use of Successors and/or Assigns Clause in Contracts

Successors and/or Assigns. Subject to the restrictions on transfer and assignment contained in this Agreement and the other Loan Documents, whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the permitted successors and/or assigns of such party, and this Agreement shall inure to the benefit of and shall be binding on the parties hereto and the successors and/or assigns of such party.

Appears in 5 contracts

Samples: Loan Agreement (KSL Recreation Group Inc), Loan Agreement (Cedar Income Fund LTD /Md/), Loan Agreement (Cedar Income Fund LTD /Md/)

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Successors and/or Assigns. Subject to the restrictions on transfer and assignment contained in this Agreement and the other Loan Documents, whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the permitted successors and/or assigns of such party, and this Agreement shall inure to the benefit of and shall be binding on the parties hereto and hereto, the successors and/or assigns of such party.

Appears in 3 contracts

Samples: Loan Agreement (First Potomac Realty Trust), Loan Agreement (Golf Ventures Inc), Loan Agreement (Golf Ventures Inc)

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Successors and/or Assigns. Subject to the restrictions on transfer and assignment contained in this Agreement and the other Loan Documents and Facility Documents, whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the permitted successors and/or assigns of such party, and this Agreement shall inure to the benefit of and shall be binding on the parties hereto and the successors and/or assigns of such party.

Appears in 1 contract

Samples: Loan Agreement (Silverleaf Resorts Inc)

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