Common use of Waivers and Amendments; Successors and Assigns Clause in Contracts

Waivers and Amendments; Successors and Assigns. None of the terms or provisions of this Security Agreement may be waived, amended, supplemented or otherwise modified except by a written instrument executed by the Grantor and the Administrative Agent; PROVIDED that any provision of this Security Agreement may be waived by the Administrative Agent in a written letter or agreement executed by the Administrative Agent or by telex or facsimile transmission from the Administrative Agent. This Security Agreement shall be binding upon the successors and assigns of the Grantor and shall inure to the benefit of the Administrative Agent and the Lenders and their respective successors and assigns.

Appears in 2 contracts

Samples: Credit Agreement (Aavid Thermal Technologies Inc), Credit Agreement (Aavid Thermal Technologies Inc)

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Waivers and Amendments; Successors and Assigns. None of the terms or provisions of this Security Agreement may be waived, amended, supplemented or otherwise modified except by a written instrument executed by the Grantor and the Administrative Agent; PROVIDED that any provision of this Security Agreement may be waived by the Administrative Agent in a written letter or agreement executed by the Administrative Agent or by telex or facsimile transmission from the Administrative Agent. This Security Agreement shall be binding upon the successors and assigns of the Grantor and shall inure to the benefit of the Administrative Agent and the Lenders and their respective successors and assigns.

Appears in 2 contracts

Samples: Subsidiary Security Agreement (Oro Spanish Broadcasting Inc), Subsidiary Security Agreement (Oro Spanish Broadcasting Inc)

Waivers and Amendments; Successors and Assigns. None of the terms or provisions of this Security Agreement may be waived, amended, supplemented or otherwise modified except by a written instrument executed by the Grantor Borrower and the Administrative Agent; PROVIDED that any provision of this Security Agreement may be waived by the Administrative Agent in a written letter or agreement executed by the Administrative Agent or by telex or facsimile transmission from the Administrative Agent. This Security Agreement shall be binding upon the successors and assigns of the Grantor Borrower and shall inure to the benefit of the Administrative Agent and the Lenders and their respective successors and assigns.

Appears in 2 contracts

Samples: Credit Agreement (Aavid Thermal Technologies Inc), Credit Agreement (Aavid Thermal Technologies Inc)

Waivers and Amendments; Successors and Assigns. None of the terms or provisions of this Security Agreement may be waived, amended, supplemented or otherwise modified except by a written instrument executed by the each Grantor and the Administrative Collateral Agent; , PROVIDED that any provision of this Security Agreement may be waived by the Administrative Collateral Agent in a written letter or agreement executed by the Administrative Collateral Agent or by telex or facsimile transmission from the Administrative Collateral Agent. This Security Agreement shall be binding upon the successors and assigns of the each Grantor and shall inure to the benefit of the Administrative Agent and Collateral Agent, the Lenders Holders and their respective successors and assigns.

Appears in 1 contract

Samples: Security Agreement (Resort Investment LLC)

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Waivers and Amendments; Successors and Assigns. None of the terms or provisions of this Security Agreement may be waived, amended, supplemented or otherwise modified except by a written instrument executed by the Grantor Borrower and the Administrative Agent; PROVIDED provided that any provision of this Security Agreement may be waived by the Administrative Agent in a written letter or agreement executed by the Administrative Agent or by telex or facsimile transmission from the Administrative Agent. This Security Agreement shall be binding upon the successors and assigns of the Grantor Borrower and shall inure to the benefit of the Administrative Agent and the Lenders and their respective successors and assigns.

Appears in 1 contract

Samples: Pledge Agreement (Oro Spanish Broadcasting Inc)

Waivers and Amendments; Successors and Assigns. None of the terms or provisions of this Security Agreement may be waived, amended, supplemented or otherwise modified except by a written instrument executed by the Grantor and the Administrative Agent; PROVIDED provided that any provision of this Security Agreement may be waived by the Administrative Agent in a written letter or agreement executed by the Administrative Agent or by telex or facsimile transmission from the Administrative Agent. This Security Agreement shall be binding upon the successors and assigns of the Grantor and shall inure to the benefit of the Administrative Agent and the Lenders and their respective successors and assigns.

Appears in 1 contract

Samples: Pledge Agreement (Oro Spanish Broadcasting Inc)

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