Common use of Benefit of Agreement Participations Assignments Clause in Contracts

Benefit of Agreement Participations Assignments. (a) This Agreement shall be binding upon and inure to the benefit of the Company, the Lenders, the Agent, the Collateral Agent and their respective successors and assigns, except that (i) the Company may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of each Lender and (ii) the Lenders may assign or transfer their respective rights or obligations under this Agreement only as provided in paragraphs (b) and (c) of this Subsection 10.6. Any Lender may from time to time change the office, branch or agency of such Lender at which the Loans are made or carried; provided that if at the time of any change from one office, branch or agency to another the effect thereof would be to increase any amount payable by the Company under this Agreement then such change shall not be made without the prior written consent of the Company.

Appears in 3 contracts

Samples: Credit Agreement (Vertrue Inc), Credit Agreement (Memberworks Inc), Credit Agreement (Memberworks Inc)

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Benefit of Agreement Participations Assignments. (a) This ------------------------------------------------- Agreement shall be binding upon and inure to the benefit of the Company, the Lenders, the Administrative Agent, the Collateral Agent Agent, all future holders of the Notes and their respective successors and assigns, except that (i) the Company may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of each Lender and (ii) the Lenders may assign or transfer their respective rights or obligations under this Agreement only as provided in paragraphs (b) and (c) of this Subsection 10.6Section 11.6. Any Lender may from time to time change the office, branch or agency of such Lender at which the Loans are made or carried; provided provided, that if at the time of any -------- change from one office, branch or agency to another the effect thereof would be to increase any amount payable by the Company under this Agreement then such change shall not be made without the prior written consent of the Company.

Appears in 1 contract

Samples: Penncorp Financial Group Inc /De/

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