Successors and Assignees definition

Successors and Assignees. This lease benefits the heirs, successors, and assignees of the parties.
Successors and Assignees has the meaning ascribed to it in the Secured Loan Agreement.

Examples of Successors and Assignees in a sentence

  • This Agreement is made and entered into for the sole protection and benefit of the Parties and their Successors and Assignees.

  • Except as otherwise specifically provided in this Agreement, this Agreement shall be binding upon and inure to the benefit of Members and the Company and their respective Successors and Assignees.

  • The “Authority/Owner/Purchaser” shall mean the Collector & District Magistrate Sundargarh and shall include its legal representative Successors and Assignees.

  • This Agreement is binding on the Borrower's and the Lender's Successors and Assignees.

  • The provisions of Sections 1.04 (Interpretation), 8.05 (Applicable Law and Jurisdiction), 8.07 (Successors and Assignees), 8.08 (Amendments, Waivers and Consents), 8.09 (Counterparts), 8.10 (Severability) and 8.11 (Rights of Third Parties) of the Loan Agreement apply to this Agreement as though they were set out in full in this Agreement except that references to the Loan Agreement are to be construed as references to this Agreement.

  • The net intergovernmental revenues, operating grants and housing assistance payments incurred a modest net decrease of $247,870.

  • This Agreement shall inure to the benefit of the Owners and Operator as well as their Successors and Assignees.

  • Successors and Assignees This Agreement shall be binding upon and enure to the benefit of each party to this Agreement and its or any subsequent successors, permitted assignees and Transferees.

  • This Agreement is transferrable under the same terms at the option of Manager as noted below under Successors and Assignees.

  • The restriction set forth in the foregoing sentence shall not, however, be applicable to (i) ENBC, its Successors and Assignees and their Affiliates other than the Partnership, (ii) participation by any Person in the ownership, management or operation of the Fund or (iii) investment by the Fund in any other developer or franchisee of ENBC.

Related to Successors and Assignees

  • Successors and Assigns as used herein shall mean a corporation or other entity acquiring all or substantially all the assets and business of the Company (including this Agreement) whether by operation of law or otherwise.

  • Successors as used in this Agreement shall not include any purchaser, as such purchaser, of any of the [Unsecured Notes] from any of the respective Underwriters.

  • assigns shall not include any purchaser of Securities merely because of such purchase.

  • Permitted Assigns means a Transferee of shares of Common Stock that agrees to become party to, and to be bound to the same extent as its Transferor by the terms of, this Agreement.

  • Permitted Assignees shall have the meaning set forth in Section 3(e) hereto;

  • Heirs means those persons, including the surviving spouse, who are entitled under the statutes of intestate succession to the property of a decedent.

  • Assignees has the meaning specified in Section 10.07(b).

  • Permitted Assign means, for a person that is an employee, executive officer, director or consultant of an issuer or of a related entity of the issuer,

  • Bind, "binding," or "bound" means securing more than one piece of paper

  • Transferees as defined in subsection 10.5(g).

  • Permitted Assignee means (a) with respect to a partnership, its partners or former partners in accordance with their partnership interests, (b) with respect to a corporation, its stockholders in accordance with their interest in the corporation, (c) with respect to a limited liability company, its members or former members in accordance with their interest in the limited liability company, (d) with respect to an individual party, any Family Member of such party, (e) an entity that is controlled by, controls, or is under common control with a transferor, or (f) a party to this Agreement.

  • Permitted Assignment means a Permitted Subsidiary Assignment or a Permitted Third-Party Assignment.

  • Permitted Transferees means a person or entity to whom a Holder of Registrable Securities is permitted to transfer such Registrable Securities prior to the expiration of the Founder Shares Lock-up Period or Private Placement Lock-up Period, as the case may be, under the Insider Letter and any other applicable agreement between such Holder and the Company, and to any transferee thereafter.

  • Representatives means, with respect to any Person, the officers, directors, employees, accountants, consultants, agents, legal counsel, financial advisors and other representatives of such Person.

  • Transferee’s Principals means collectively, (A) Transferee’s managing members, general partners or principal shareholders and (B) such other members, partners or shareholders which directly or indirectly shall own a fifty-one percent (51%) or greater economic and voting interest in Transferee.

  • Qualified Assignee means (a) any Lender, any Affiliate of any Lender and, with respect to any Lender that is an investment fund that invests in commercial loans, any other investment fund that invests in commercial loans and that is managed or advised by the same investment advisor as such Lender or by an Affiliate of such investment advisor, and (b) any commercial bank, savings and loan association or savings bank or any other entity which is an "accredited investor" (as defined in Regulation D under the Securities Act) which extends credit or buys loans as one of its businesses, including insurance companies, mutual funds, lease financing companies and commercial finance companies, in each case, which has a rating of BBB or higher from S&P and a rating of Baa2 or higher from Xxxxx'x at the date that it becomes a Lender and which, through its applicable lending office, is capable of lending to Borrower without the imposition of any withholding or similar taxes; provided that no Person determined by Agent to be acting in the capacity of a vulture fund or distressed debt purchaser shall be a Qualified Assignee and no Person or Affiliate of such Person (other than a Person that is already a Lender) holding Subordinated Debt or Stock issued by any Credit Party shall be a Qualified Assignee.

  • Successor in Interest means any (i) shareholder of; (ii) trustee, custodian, receiver or other person acting in any Bankruptcy or reorganization proceeding with respect to; (iii) assignee for the benefit of the creditors of; (iv) officer, director or partner of; (v) trustee or receiver, or former officer, director or partner, or other fiduciary acting for or with respect to the dissolution, liquidation or termination of; or (vi) other executor, administrator, committee, legal representative or other successor or assign of, any Partner, whether by operation of law or otherwise.

  • Successor personal representative means a personal representative, other than a special administrator, who is appointed to succeed a previously appointed personal representative.

  • Successor Issuer has the meaning assigned to it in Section 4.1(a).

  • Indemnified Parties shall have the meaning assigned to such term in Section 7.2.

  • Assign means to directly or indirectly sell, transfer, assign, distribute, exchange, pledge, hypothecate, mortgage, grant a security interest in, encumber or otherwise dispose of Registrable Securities, whether voluntarily or by operation of law, including by way of a merger. “Assignor,” “Assignee,” “Assigning” and “Assignment” have meanings corresponding to the foregoing.

  • Administrators means each Person appointed in accordance with Section 8.20 solely in such Person’s capacity as Administrator of the Issuer Trust and not in such Person’s individual capacity, or any successor Administrator appointed as herein provided; with the initial Administrators being Xxxxxxxxx X. Xxxxx and Xxxxx X.

  • Affiliates means, with respect to the Contractor, any of its corporate affiliates or associates, including parent entities, subsidiaries, and other entities in which it owns a substantial interest.

  • Assignee as defined in Section 10.6(b).

  • Heir means, except as controlled by section 2720, a person, including the surviving spouse or the state, that is entitled under the statutes of intestate succession to a decedent's property.

  • Benefit means anything reasonably regarded as pecuniary gain or pecuniary advantage, including benefit to any other person in whose welfare the beneficiary has a direct and substantial interest.