Common use of Binding Effect; Amendments; Confirmation Clause in Contracts

Binding Effect; Amendments; Confirmation. This Consent shall be binding upon and benefit the successors and assigns of Contracting Party, Assignor and Lender and their respective successors, transferees and permitted assigns (including, without limitation, any entity that refinances all or any portion of Assignor’s obligations under the Credit Agreement). No termination, amendment, variation or waiver of any provisions of this Consent shall be effective unless in writing and signed by Contracting Party, Lender and Assignor; provided that all rights and obligations of Lender hereunder shall terminate upon the payment in full of all obligations of Assignor under the Credit Agreement (other than unasserted contingent obligations that by their nature survive termination of the Credit Agreement).

Appears in 2 contracts

Sources: Credit Agreement (Fulcrum Bioenergy Inc), Credit Agreement (Fulcrum Bioenergy Inc)