Common use of Successors; Continuing Effect Clause in Contracts

Successors; Continuing Effect. (a) This Agreement is being entered into for the benefit of, and shall be binding upon, Borrower, Senior Lender and Subordinate Lender and their respective successors and assigns, including each subsequent or additional holder of Senior Secured Obligations, or Subordinate Debt, and any participant (whether now existing or hereafter arising) in the Senior Secured Obligations. The terms "

Appears in 2 contracts

Samples: Subordination and Intercreditor Agreement (Solo Serve Corp), Subordination and Intercreditor Agreement (Solo Serve Corp)

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Successors; Continuing Effect. (a) This Agreement is being entered into for the benefit of, and shall be binding upon, Borrower, each Senior Lender Security Holders and each Subordinate Lender and their respective successors and assigns, including each subsequent or additional holder of Senior Secured Obligations, or Subordinate Debt, and any participant (whether now existing or hereafter arising) in the Senior Secured Obligations. The terms "

Appears in 2 contracts

Samples: Subordination and Intercreditor Agreement (Hybridon Inc), Subordination and Intercreditor Agreement (Hybridon Inc)

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Successors; Continuing Effect. (a) This Agreement is being entered into for the benefit of, and shall be binding upon, Borrower, each Senior Lender and each Subordinate Lender and their respective successors and assigns, including each subsequent or additional holder of Senior Secured Obligations, Obligations or Subordinate Debt, and any participant (whether now existing or hereafter arising) in the Senior Secured Obligations. The terms "

Appears in 1 contract

Samples: Subordination and Intercreditor Agreement (Hybridon Inc)

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