Binding Effect; No Assignment or Delegation. This Pledge Agreement shall be binding upon and inure to the benefit of the Pledgor, the Pledgee and their respective successors and assigns, except that the Pledgor may not assign or transfer its rights hereunder without the prior written consent of the Pledgee (which consent shall not unreasonably be withheld). Each duty or obligation of the Pledgor to the Pledgee pursuant to the provisions of this Pledge Agreement shall be performed in favor of any person or entity designated by the Pledgee, and any duty or obligation of the Pledgee to the Pledgor may be performed by any other person or entity designated by the Pledgee.
Binding Effect; No Assignment or Delegation. This Loan Agreement shall be binding upon and inure to the benefit of the Borrower and its successors and the Lender and its successors and assigns. The rights and obligations of the Borrower under this Agreement shall not be assigned or delegated without the prior written consent of the Lender, and any purported assignment or delegation without such consent shall be void.
Binding Effect; No Assignment or Delegation. This Agreement shall be binding upon and inure to the benefit of the Borrower and its successors and to the benefit of the Banks and the Agent and their respective successors and assigns. The rights and obligations of the Borrower under this Agreement shall not be assigned or delegated without the prior written consent of the Agent, and any purported assignment or delegation without such consent shall be void.
Binding Effect; No Assignment or Delegation. 15 EXHIBIT A Form of Promissory Note A-1 EXHIBIT B Form of Pledge Agreement B-1 EXHIBIT C Form of Assignment C-1 Loan Agreement This Loan Agreement (“Loan Agreement”) is made and entered into as of the 21st day of June, 2005, by and between the Employee Stock Ownership Plan Trust of Hxxxxx City Savings Bank (“Borrower”), a trust forming part of the Employee Stock Ownership Plan of Hxxxxx City Savings Bank (“ESOP”), acting through and by its Trustee, GreatBanc Trust Company (“Trustee”), a trust corporation organized under the laws of the state of Illinois and having an office at 40 Xxxxxxxxxxx Xxxxx, Xxxxx 0000, Xxx Xxxx, Xxx Xxxx, 00000-0000; and Hxxxxx City Bancorp, Inc. (“Lender”), a corporation organized and existing under the laws of the state of Delaware, having an office at West 80 Xxxxxxx Xxxx, Xxxxxxx, Xxx Xxxxxx 00000-0000.
Binding Effect; No Assignment or Delegation. This Pledge Agreement shall be binding upon and inure to the benefit of the Pledgor, the Pledgee and their respective successors and assigns, except that the Pledgor may not assign or transfer its rights hereunder without the prior written consent of the Pledgee (which consent shall not unreasonably be
Binding Effect; No Assignment or Delegation. This Loan Agreement shall be binding upon and inure to the benefit of the Borrower and its successors and the Lender and its successors and assigns. The rights and obligations of the Borrower under this Agreement shall not be assigned or delegated without the prior written consent of the Lender, and any purported assignment or delegation without such consent shall be void. 18
Binding Effect; No Assignment or Delegation. This Agreement shall be binding upon and inure to the benefit of the Borrower and its successors and to the benefit of Fleet and its successors and assigns. The rights and obliga- tions of the Borrower under this Agreement shall not be assigned or delegated without the prior written consent of Fleet, and any purported assignment or delegation without such consent shall be void.
Binding Effect; No Assignment or Delegation. This Agreement shall be binding upon and inure to the benefit of the Borrower and its successors and to the benefit of National and its successors and assigns. The rights and obligations of the Borrower under this Agreement shall not be assigned or delegated without the prior written consent of National, and any purported assignment or delegation without such consent shall be void.
Binding Effect; No Assignment or Delegation. This Agreement shall be binding upon and inure to the benefit of each of the Borrowers and its successors and to the benefit of the Banks and the Agent and their respective successors and assigns. The rights and obligations of each of the Borrowers under this Agreement shall not be assigned or delegated without the prior written consent of the Agent, and any purported assignment or delegation without such consent shall be void. Each of the Borrowers and the Subsidiaries also acknowledge and confirm that each Bank may hereafter sell or assign or grant participation in the Loans to one or more lenders in accordance with Section 10.14 and 10.15 hereof, so long as such other lenders are engaged in business in (but not necessarily only in) the United States.
Binding Effect; No Assignment or Delegation. This ESOP Loan Agreement shall be binding and inure to the benefit of the Borrower and its successors and the Lender and its successors and assigns. The rights and obligations of the Borrower under this ESOP Loan Agreement shall not be assigned or delegated without the prior written consent of the Lender.
