Benefit of Agreement Assignments Sample Clauses

Benefit of Agreement Assignments. (a) This Agreement shall be binding upon and inure to the benefit of and be enforceable by the respective successors and assigns of the parties hereto; provided that neither any Borrower nor any Guarantor may assign or transfer any of its interests and obligations without prior written consent of each of the Lenders; provided further that the rights of each Lender to transfer, assign, or grant participations in its rights and/or obligations hereunder shall be limited as provided by this Section 10.3. (b) Any Lender may, with the written consent of the Agent (which consent shall not be unreasonably withheld) and if no Default or Event of Default exists with the written consent of Crescent (which consent shall not be unreasonably withheld), assign and delegate to one or more Eligible Assignees (provided that no consent of the Agent or Crescent shall be required in connection with any assignment and delegation by a Lender to an Affiliate of such Lender or to another Lender) (each an "Assignee") all, or any ratable part of all, of the Loans, the Commitments, and the other rights and obligations of such Lender hereunder, in a minimum amount of $10,000,000 and integral amounts of $1,000,000 in excess thereof or all of such assigning Lender's Loans and Commitments (provided that, unless an assignor Lender has assigned and delegated all of its Loans and Commitments, no such assignment and/or delegation shall be permitted unless, after giving effect thereto, such assignor Lender retains a Commitment in a minimum amount of $10,000,000); provided, however, that the Credit Parties and the Agent may continue to deal solely and directly with such Lender in connection with the interest so assigned to an Assignee until (i) written notice of such assignment, together with payment instructions, addresses, and related information with respect to the Assignee, shall have been given to the Borrowers and the Agent by such Lender and the Assignee; (ii) such Lender and its Assignee shall have delivered to the Borrowers and the Agent an Assignment and Acceptance in the form of Exhibit E (an "Assignment and Acceptance") together with any Notes subject to such assignment, and (iii) the assignor Lender or Assignee has paid to the Agent a processing fee in the amount of $5,000 (provided that the Agent may, in its discretion, waive such fee in connection with the initial syndication of the Commitments). The Borrowers agree to promptly execute and deliver new or replacement Notes as rea...
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Benefit of Agreement Assignments. Successors and Assigns . This Agreement shall be binding upon and inure to the benefit of Obligors, Agent, Lenders, Secured Parties, and their respective successors and assigns, except that (a) no Obligor shall have the right to assign its rights or delegate its obligations under any Loan Documents; (b) any assignment by a Lender must be made in compliance with Section 12.3 and (c) any participation by Lender must be in accordance with Section 12.2 (any other attempted transfer or assignment by any party hereto shall be null and void). Agent may treat the Person which made any Loan as the owner thereof for all purposes until such Person makes an assignment in accordance with Section 12.3. Any authorization or consent of a Lender shall be conclusive and binding on any subsequent transferee or assignee of such Lender. Participations .
Benefit of Agreement Assignments. PARTICIPATIONS 108 ARTICLE XIII NOTICES 112
Benefit of Agreement Assignments. Participations) of the Credit Agreement and agrees that any person in favor of whom a transfer is made in accordance with those provisions shall be entitled to the benefit of this Assignment.
Benefit of Agreement Assignments. This letter agreement is for the sole benefit of the Investors and their successors and permitted assigns. No Person shall be a third party beneficiary with respect to this letter agreement or otherwise benefit from or be entitled to enforce the obligations of the Investors hereunder. The rights and obligations of an Investor under this letter agreement may not be assigned without the prior written consent of each other Investor (which shall not be unreasonably withheld, conditioned or delayed in the case of assignments by an Investor to one or more of its Affiliates), and any purported assignment made without such consent shall be null and void.
Benefit of Agreement Assignments. PARTICIPATIONS 13.1. Successors and Assigns. 13.2.Participations. 13.3.Assignments.
Benefit of Agreement Assignments. Participations, etc 149 13.05. No Waiver; Remedies Cumulative 151 13.06. [Reserved] 151 13.07. Calculations; Computations 151
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Benefit of Agreement Assignments. Participations 178187
Benefit of Agreement Assignments. PARTICIPATIONS 8083 12.1. Successors and Assigns 8083 12.2. Participations 8183 12.3. Assignments 8284 12.4. Tax Treatment 8486 ARTICLE XIII NOTICES 8486 13.1. Notices; Effectiveness; Electronic Communication 8486 ARTICLE XIV COUNTERPARTS; INTEGRATION; EFFECTIVENESS; ELECTRONIC EXECUTION 85; UETA 87 14.1. Counterparts; Effectiveness 8587 14.2. Electronic Execution of Assignments 8588
Benefit of Agreement Assignments. This Agreement and the Reimbursement Letter shall be binding upon and inure to the benefit of and be enforceable by the respective successors and permitted assigns of the parties hereto; provided, that Tensar may not assign or transfer any of its interests and obligations hereunder or under the Reimbursement Letter without the prior written consent of TCO and any such assignment without such consent shall be null and void. TCO shall have the right, without the consent of Tensar to collaterally assign and grant a security interest in its rights hereunder, under the Reimbursement Letter and under any other documents related hereto (including under the Guarantee and Collateral Agreement, the Mortgages and the other Security Documents) in favor of any person. Any such assignee (and its successors, assigns and agents) shall have the right to foreclose upon any such collateral assignment or security interest, and exercise all rights and remedies under the applicable documentation relating thereto, without any requirement for consent from Tensar, and Tensar agrees to fully cooperate with any such exercise of rights or remedies by any such assignee (and its successors, assigns and agents).
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