Common use of Binding Effect, Assignment and Entire Agreement Clause in Contracts

Binding Effect, Assignment and Entire Agreement. This ----------------------------------------------- Agreement shall inure to the benefit of, and shall be binding upon, the respective successors and permitted assigns of the parties hereto. Borrower has no right to assign any of its respective rights or Obligations hereunder without the prior written consent of Bank. This Agreement, and the documents executed and delivered pursuant hereto, constitute the entire agreement among the parties relating to the subject matter thereof.

Appears in 1 contract

Sources: Loan Agreement (Kulicke & Soffa Industries Inc)

Binding Effect, Assignment and Entire Agreement. This ----------------------------------------------- Agreement shall inure to the benefit of, and shall be binding upon, the respective successors and permitted assigns of the parties hereto. Borrower has no right to assign any of its respective rights or Obligations hereunder without the prior written consent of Bank. Bank may assign its rights hereunder to other financial institutions, but agrees not to delegate its duty to make loans and other credit extensions hereunder. This Agreement, and the documents executed and delivered pursuant hereto, constitute the entire agreement among the parties relating to the subject matter thereof.

Appears in 1 contract

Sources: Loan Agreement (Kulicke & Soffa Industries Inc)