Common use of Successors, etc Clause in Contracts

Successors, etc. The Security Documents shall be binding on the Security Parties and on their successors and permitted transferees and assignees, and shall inure to the benefit of the Finance Parties and their respective successors, transferees and assignees. The Borrower may not assign or transfer any of its rights or duties under or pursuant to any of the Security Documents without the prior written consent of the Banks.

Appears in 13 contracts

Samples: Loan Facility Agreement, Loan Facility Agreement, Secured Reducing Revolving Loan Facility Agreement (Gulfmark Offshore Inc)

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Successors, etc. The Security Documents shall be binding on the Security Parties and on their successors and permitted transferees and assignees, and shall inure to the benefit of the Finance Parties and their respective successors, transferees and assignees. The Neither the Borrower nor the Guarantor may not assign or transfer any of its rights or duties under or pursuant to any of the Security Documents without the prior written consent of the Banks.

Appears in 3 contracts

Samples: Deed of Amendment and Restatement (Stolt Offshore S A), Loan Agreement (Stolt Offshore S A), Secured Multi Currency Revolving Loan Facility Agreement (Stolt Offshore S A)

Successors, etc. The Security Documents shall be binding on the Security Parties and on their successors and permitted transferees and assignees, and shall inure to the benefit of the Finance Parties Bank and the Agent and their respective successors, transferees and assignees. The Borrower None of the Borrowers may not assign or nor transfer any of its rights or duties under or pursuant to any of the Security Documents without the prior written consent of the BanksAgent.

Appears in 2 contracts

Samples: Loan Facility Agreement (Mc Shipping Inc), Loan Facility Agreement (Mc Shipping Inc)

Successors, etc. The Security Documents shall be binding on the Security Parties and on their successors and permitted transferees and assignees, and shall inure to the benefit of the Finance Parties and their respective successors, transferees and assignees. The Borrower Borrowers may not assign or transfer any of its their rights or duties under or pursuant to any of the Security Documents without the prior written consent of the Banks.

Appears in 2 contracts

Samples: Secured Reducing Revolving Loan Facility Agreement, Secured Reducing Revolving Loan Facility Agreement (Teekay LNG Partners L.P.)

Successors, etc. The Security Documents shall be binding on the Security Parties and on their successors and permitted transferees and assignees, and shall inure to the benefit of the Finance Parties Banks and the Agent and their respective successors, transferees and assignees. The Borrower may not assign or nor transfer any of its rights or duties under or pursuant to any of the Security Documents without the prior written consent of the BanksAgent.

Appears in 2 contracts

Samples: Loan Facility Agreement (Usg Corp), Secured Loan Facility Agreement (Usg Corp)

Successors, etc. The Security Documents shall be binding on the Security Parties and on their successors and permitted transferees and assignees, and shall inure to the benefit of the Finance Parties Banks and their respective the Agent and its successors, transferees and assignees. The Borrower may not assign or nor transfer any of its rights or duties under or pursuant to any of the Security Documents without the prior written consent of the BanksAgent.

Appears in 1 contract

Samples: Secured Loan Facility Agreement (Euroseas Ltd.)

Successors, etc. The Security Documents shall be binding on the Security Parties and on their successors and permitted transferees and assignees, and shall inure to the benefit of the Finance Parties Banks and the Swap Banks and the Agents and their respective successors, transferees and assignees. The Borrower may not assign or nor transfer any of its rights or duties under or pursuant to any of the Security Documents without the prior written consent of the BanksAgents.

Appears in 1 contract

Samples: Loan Agreement (Sea Containers LTD /Ny/)

Successors, etc. The Security Documents shall be binding on the Security Parties and on their successors and permitted transferees and assignees, and shall inure to the benefit of the Finance Parties and their respective successors, transferees and assignees. The Borrower Borrowers may not assign or transfer any of its rights or duties under or pursuant to any of the Security Documents without the prior written consent of the Banks.

Appears in 1 contract

Samples: Secured Reducing Revolving Loan Facility Agreement (Teekay Shipping Corp)

Successors, etc. The Security Documents shall be binding on the Security Parties and on their successors and permitted transferees and assignees, and shall inure to the benefit of the Finance Parties and their respective successors, transferees and assignees. The Borrower Borrowers may not assign or transfer any of its rights or duties under or pursuant to any of the Security Documents without the prior written consent of the BanksLenders.

Appears in 1 contract

Samples: Loan Agreement (Teekay LNG Partners L.P.)

Successors, etc. The Security Documents shall be binding on the Security Parties and on their successors and permitted transferees and assignees, and shall inure to the benefit of the Finance Parties and their respective successors, transferees and assignees. The Borrower Neither the Indemnifier nor the Guarantor may not assign or transfer any of its rights or duties under or pursuant to any of the Security Documents without the prior written consent of the Banks.

Appears in 1 contract

Samples: Bank Guarantee Facility Agreement (Stolt Offshore S A)

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Successors, etc. The Security Documents shall be binding on the Security Parties and on their successors and permitted transferees and assignees, and shall inure to the benefit of the Finance Parties Bank and their respective its successors, transferees and assignees. The Borrower may not assign or nor transfer any of its rights or duties under or pursuant to any of the Security Documents without the prior written consent of the BanksBank.

Appears in 1 contract

Samples: Loan Facility Agreement (Golar LNG LTD)

Successors, etc. The Security Documents shall be binding on the Security Parties and on their successors and permitted transferees and assignees, and shall inure to the benefit of the Finance Parties Banks and the Agents and their respective successors, transferees and assignees. The Borrower may not assign or nor transfer any of its rights or duties under or pursuant to any of the Security Documents without the prior written consent of the BanksAgents.

Appears in 1 contract

Samples: Loan Agreement (Sea Containers LTD /Ny/)

Successors, etc. The Security Documents shall be binding on the Security Parties and on their successors and permitted transferees and assignees, and shall inure to the benefit of the Finance Parties Bank and their respective its successors, transferees and assignees. The Borrower None of the Borrowers may not assign or nor transfer any of its rights or duties under or pursuant to any of the Security Documents without the prior written consent of the BanksBank.

Appears in 1 contract

Samples: Loan Facility Agreement (Excel Maritime Carriers LTD)

Successors, etc. The Security Documents shall be binding on the Security Parties and on their successors and permitted transferees and assignees, and shall inure to the benefit of the Finance Parties and their respective successors, transferees and assignees. The Neither the Borrower nor any of the Guarantors may not assign or transfer any of its rights or duties under or pursuant to any of the Security Documents without the prior written consent of the Banks.

Appears in 1 contract

Samples: Loan Agreement (Stolt Nielsen S A)

Successors, etc. The Security Documents and the Guarantee shall be binding on the Security Parties and on their successors and permitted transferees and assignees, and shall inure to the benefit of the Finance Parties and their respective successors, transferees and assignees. The Borrower Borrowers may not assign or transfer any of its their rights or duties under or pursuant to any of the Security Documents without the prior written consent of the BanksLenders.

Appears in 1 contract

Samples: Facility Agreement (Teekay LNG Partners L.P.)

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