Benefit of the Loan Agreement. The loan agreement shall be binding upon and to ensure to the benefit of each party thereto and its successors or heirs, administrators, as the case may be.
Benefit of the Loan Agreement. The Loan Agreement shall be binding upon and enure to the benefit of each party thereto and its successors and assigns provided however that the Borrower shall not be entitled to assign or transfer any of its rights, benefits or obligations hereunder. An assignment, transfer or sub-participation by Exim Bank of all or a part of its rights and obligations hereunder shall be effective and binding on the Borrower.
