Common use of Successors; Assignment Clause in Contracts

Successors; Assignment. This Agreement shall be binding upon and inure to the benefit of the heirs, executors, administrators, legal representatives, successors and assigns of the parties; provided however, that Owner may not assign or transfer any of its interests or rights hereunder without Bank's prior written consent. Owner acknowledges that Bank has the right to sell, assign, transfer, negotiate or grant participations in all or any part of, or any interest in, any Indebtedness of Borrowers to Bank and any obligations with respect thereto, including this Agreement. In connection therewith, Bank may disclose all documents and information which Bank now has or hereafter acquires relating to Owner and/or this Agreement, whether furnished by Borrowers, Owner or otherwise. Owner further agrees that Bank may disclose such documents and information to Borrowers.

Appears in 6 contracts

Samples: Third Party Security Agreement (MGP Ingredients Inc), Third Party Security Agreement (EnviroStar, Inc.), Third Party Security Agreement (EnviroStar, Inc.)

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Successors; Assignment. This Agreement shall be binding upon and inure to the benefit of the heirs, executors, administrators, legal representatives, successors and assigns of the parties; provided however, that Owner may not assign or transfer any of its interests or rights hereunder without Bank's ’s prior written consent. Owner acknowledges that Bank has the right to sell, assign, transfer, negotiate or grant participations in all or any part of, or any interest in, any Indebtedness of Borrowers to Bank and any obligations with respect thereto, including this Agreement. In connection therewith, Bank may disclose all documents and information which Bank now has or hereafter acquires relating to Owner and/or this Agreement, whether furnished by Borrowers, Owner or otherwise. Owner further agrees that Bank may disclose such documents and information to Borrowers.

Appears in 5 contracts

Samples: Security Agreement (MGP Ingredients Inc), Third Party Security Agreement (Hemacare Corp /Ca/), Third Party Security Agreement (Hemacare Corp /Ca/)

Successors; Assignment. This Agreement shall be binding upon and inure to the benefit of the heirs, executors, administrators, legal representatives, successors and assigns of the parties; provided however, that Owner may not assign or transfer any of its interests or rights hereunder without Bank's ’s prior written consent. Owner acknowledges that Bank has the right to sell, assign, transfer, negotiate or grant participations in all or any part of, or any interest in, any Indebtedness of Borrowers Borrower to Bank and any obligations with respect thereto, including this Agreement. In connection therewith, Bank may disclose all documents and information which Bank now has or hereafter acquires relating to Owner and/or this Agreement, whether furnished by BorrowersBorrower, Owner or otherwise. Owner further agrees that Bank may disclose such documents and information to BorrowersBorrower.

Appears in 4 contracts

Samples: Third Party Security Agreement (Barrett Business Services Inc), Third Party Security Agreement: Specific Rights to Payment (Barrett Business Services Inc), Third Party Security Agreement (Lacrosse Footwear Inc)

Successors; Assignment. This Agreement shall be binding upon and inure to the benefit of the heirs, executors, administrators, legal representatives, successors and assigns of the parties; provided however, that Owner Debtor may not assign or transfer any of its interests or rights hereunder without Bank's ’s prior written consent. Owner Debtor acknowledges that Bank has the right to sell, assign, transfer, negotiate or grant participations in all or any part of, or any interest in, any Indebtedness of Borrowers Obligors to Bank and any obligations with respect thereto, including this Agreement. In connection therewith, Bank may disclose all documents and information which Bank now has or hereafter acquires relating to Owner Debtor and/or this Agreement, whether furnished by BorrowersObligors, Owner Debtor or otherwise. Owner Debtor further agrees that Bank may disclose such documents and information to BorrowersObligors.

Appears in 2 contracts

Samples: Security Agreement (Pfenex Inc.), Security Agreement (Cancer Genetics, Inc)

Successors; Assignment. This Agreement shall be binding upon and inure to the benefit of the heirs, executors, administrators, legal representatives, successors and assigns of the parties; provided however, that Owner may not assign or transfer any of its interests or rights hereunder without Bank's ’s prior written consent. Owner acknowledges that Bank has the right to sell, assign, transfer, negotiate or grant participations in all or any part of, or any interest in, any Indebtedness of Borrowers Borrower to Bank and any obligations with respect thereto, including this Agreement. In connection therewith, Bank may disclose all documents and information which Bank now has or hereafter acquires relating to Owner and/or this Agreement, whether furnished by Borrowers, Owner or otherwise. Owner further agrees that Bank may disclose such documents and information to BorrowersBorrower.

Appears in 2 contracts

Samples: Third Party Security Agreement (Barrett Business Services Inc), Third Party Security Agreement: Specific Rights to Payment (Barrett Business Services Inc)

Successors; Assignment. This Agreement shall be binding upon and inure to the benefit of the heirs, executors, administrators, legal representatives, successors and assigns of the parties; provided however, that Owner Debtor may not assign or transfer any of its interests or rights hereunder without Bank's prior written consent. Owner Debtor acknowledges that Bank has the right to sell, assign, transfer, negotiate or grant participations in all or any part of, or any interest in, any Indebtedness of Borrowers Obligors to Bank and any obligations with respect thereto, including this Agreement. In connection therewith, Bank may disclose all documents and information which Bank now has or hereafter acquires relating to Owner Debtor and/or this Agreement, whether furnished by BorrowersObligors, Owner Debtor or otherwise. Owner Debtor further agrees that Bank may disclose such documents and information to BorrowersObligors.

Appears in 1 contract

Samples: Security Agreement (American Woodmark Corp)

Successors; Assignment. This Agreement shall be binding upon and inure to the benefit of the heirs, executors, administrators, legal representatives, successors and assigns of the parties; provided however, that Owner may not assign or transfer any of its interests or rights hereunder without Bank's prior written consent. Owner acknowledges that Bank has the right to sell, assign, transfer, negotiate or grant participations in all or any part of, or any interest in, any Indebtedness of Borrowers to Bank and any obligations with respect the thereto, including this Agreement. In connection therewith, Bank may disclose all documents and information which Bank now has or hereafter acquires relating to Owner and/or this Agreement, whether furnished by Borrowers, Owner or otherwise. Owner further agrees that Bank may disclose such documents and information to Borrowers.

Appears in 1 contract

Samples: Third Party Security Agreement (Dot Hill Systems Corp)

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Successors; Assignment. This Agreement shall be binding upon and inure to the benefit of the heirs, executors, administrators, legal representatives, successors and assigns of the parties; provided however, that Owner may not assign or transfer any of its interests or rights hereunder without Bank's ’s prior written consent. Owner acknowledges that Bank has the right to sell, assign, transfer, negotiate or grant participations in all or any part of, or any interest in, any Indebtedness of Borrowers Borrower to Bank and any obligations with respect thereto, including this Agreement. In connection therewith, Bank may disclose all documents and information which Bank now has or hereafter acquires relating to Owner and/or this Agreement, whether furnished by BorrowersBorrower, Owner or otherwise, subject to a confidentiality agreement reasonably acceptable to Bank and Owner. Owner further agrees that Bank may disclose such documents and information to BorrowersBorrower.

Appears in 1 contract

Samples: Credit Agreement (Lacrosse Footwear Inc)

Successors; Assignment. This Agreement shall be binding upon and inure to the benefit of the heirs, executors, administrators, legal representatives, successors and assigns of the parties; provided however, that Owner may not assign or transfer any of its interests or rights hereunder without Bank's prior written consent. Owner acknowledges that Bank has the right to sell, assign, transfer, negotiate or grant participations in all or any part of, or any interest in, any Indebtedness of Borrowers Borrower to Bank and any obligations with respect thereto, including this Agreement. In connection therewith, Bank may disclose all documents and information which Bank now has or hereafter acquires relating to Owner and/or this Agreement, whether furnished by BorrowersBorrower, Owner or otherwise. Owner further agrees that Bank may disclose such documents and information to BorrowersBorrower.

Appears in 1 contract

Samples: Third Party Pledge Agreement (Tilly's, Inc.)

Successors; Assignment. This Agreement shall be binding upon and inure to the benefit of the heirs, executors, administrators, legal representatives, successors and assigns of the parties; provided howeverPROVIDED, HOWEVER, that Owner Borrower may not assign or transfer any of its interests or rights interest hereunder without Bank's prior written consent. Owner acknowledges that Bank has reserves the right to sell, assign, transfer, negotiate or grant participations in all or any part of, or any interest in, any Indebtedness Bank's rights and benefits under each of Borrowers to Bank and any obligations with respect thereto, including this Agreementthe Loan Documents. In connection therewith, Bank may disclose all documents and information which Bank now has or may hereafter acquires acquire relating to Owner and/or this Agreementany credit extended by Bank to Borrower, whether furnished by BorrowersBorrower or its business, Owner or otherwise. Owner further agrees any collateral required hereunder; PROVIDED, that Bank may disclose shall obtain a written confidentiality agreement including standard terms and conditions in connection with any such documents and disclosure of material, non-public information relating to BorrowersBorrower.

Appears in 1 contract

Samples: Credit Agreement (Motorcar Parts & Accessories Inc)

Successors; Assignment. This Agreement shall be binding upon and inure to the benefit of the heirs, executors, administrators, legal representatives, successors and assigns of the parties; provided however, that Owner Debtor may not assign or transfer any of its interests or rights hereunder without Bank's ’s prior written consent. Owner Debtor acknowledges that Bank has the right to sell, assign, transfer, negotiate or grant participations in all or any part of, or any interest in, any Indebtedness of Borrowers Debtor to Bank and any obligations with respect thereto, including this Agreement. In connection therewith, Bank may disclose all documents and information which Bank now has or hereafter acquires relating to Owner Debtor and/or this Agreement, whether furnished by Borrowers, Owner Debtor or otherwise. Owner further agrees that Bank may disclose such documents and information to Borrowers.

Appears in 1 contract

Samples: Security Agreement (Mocon Inc)

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