Binding Effect; Assignment; Complete Agreement; Exchanging Information. The Loan Documents shall be binding upon and inure to the benefit of the Borrower and the Lender and their respective successors and assigns, except that the Borrower shall not have the right to assign its rights thereunder or any interest therein without the Lender’s prior written consent. To the extent permitted by law, the Borrower waives and will not assert against any assignee any claims, defenses or setoffs which the Borrower could assert against the Lender.
Appears in 2 contracts
Sources: Credit and Security Agreement (Rf Monolithics Inc /De/), Credit and Security Agreement (Rf Monolithics Inc /De/)
Binding Effect; Assignment; Complete Agreement; Exchanging Information. The Loan Documents shall be binding upon and inure to the benefit of the Borrower and the Lender and their respective successors and assigns, except that the Borrower shall not have the right to assign its rights thereunder or any interest therein without the Lender’s prior written consent. To This Agreement, together with the extent permitted by lawLoan Documents, comprises the Borrower waives complete and will not assert against any assignee any claimsintegrated agreement of the parties on the subject matter hereof and supersedes all prior agreements, defenses written or setoffs which oral, on the Borrower could assert against the Lendersubject matter hereof.
Appears in 2 contracts
Sources: Credit and Security Agreement (Landec Corp \Ca\), Credit and Security Agreement (Winland Electronics Inc)