Binding Effect; Borrower’s Assignment. This Agreement shall become effective when it shall have been executed by Borrower, Agent and by each Bank and thereafter shall be binding upon and inure to the benefit of Borrower, Agent and each of the Banks and their respective successors and assigns, except that Borrower shall not have the right to assign its rights hereunder or any interest herein without the prior written consent of Agent and all of the Banks.
Appears in 10 contracts
Samples: Assignment and Acceptance Agreement (Standard Register Co), Credit Agreement (Davey Tree Expert Co), Credit Agreement (Nordson Corp)
Binding Effect; Borrower’s Assignment. This Agreement shall become effective when it shall have been executed by each Borrower, Agent and by each Bank and thereafter shall be binding upon and inure to the benefit of each Borrower, Agent and each of the Banks and their respective successors and assigns, except that no Borrower shall not have the right to assign its rights hereunder or any interest herein without the prior written consent of Agent and all of the Banks.
Appears in 4 contracts
Samples: Credit and Security Agreement (MTC Technologies Inc), Credit and Security Agreement (MTC Technologies Inc), Assignment and Acceptance Agreement (Advanced Lighting Technologies Inc)
Binding Effect; Borrower’s Assignment. This Agreement shall become effective when it shall have been executed by Borrower, Agent Agents and by each Bank and thereafter shall be binding upon and inure to the benefit of Borrower, Agent Agents and each of the Banks and their respective successors and assigns, except that Borrower shall not have the right to assign its rights hereunder or any interest herein without the prior written consent of Agent Agents and all of the Banks.
Appears in 3 contracts
Samples: Credit Agreement (Park Ohio Industries Inc/Oh), Credit Agreement (Park Ohio Holdings Corp), Credit Agreement (Park Ohio Industries Inc)
Binding Effect; Borrower’s Assignment. This Agreement shall become effective when it shall have been executed by Borrower, Agent and by each Bank and thereafter shall be binding upon and inure to the benefit of Borrower, Agent and each of the Banks and their respective successors and assigns, except that no Borrower shall not have the right to assign its rights hereunder or any interest herein without the prior written consent of Agent and all of the Banks.
Appears in 2 contracts
Samples: Credit Agreement (Amcast Industrial Corp), Credit Agreement (Amcast Industrial Corp)
Binding Effect; Borrower’s Assignment. This Agreement shall become effective when it shall have been executed by Borrower, Agent and by each Bank and thereafter shall be binding upon and inure to the benefit of Borrower, Agent and each of the Banks and their respective successors and assigns, except that Borrower shall not have the right to assign its rights hereunder or any interest herein (except for the assignment in connection with the Holding Company Reorganization) without the prior written consent of Agent and all of the Banks.
Appears in 1 contract
Samples: Assignment and Acceptance Agreement (Oglebay Norton Co)
Binding Effect; Borrower’s Assignment. This Agreement shall become effective when it shall have been executed by BorrowerBorrower and Bank, Agent and by each Bank and thereafter shall be binding upon and inure to the benefit of Borrower, Agent Borrower and each of the Banks Bank and their respective successors and assigns, except that Borrower shall not have the right to assign its rights hereunder or any interest herein without the prior written consent of Agent and all of the BanksBank.
Appears in 1 contract
Samples: Credit and Security Agreement (Ctpartners Executive Search LLC)
Binding Effect; Borrower’s Assignment. This Agreement shall become effective when it shall have been executed by BorrowerBorrowers, Agent and by each Bank and thereafter shall be binding upon and inure to the benefit of BorrowerBorrowers, Agent and each of the Banks and their respective successors and assigns, except that Borrower Borrowers shall not have the right to assign its rights hereunder or any interest herein without the prior written consent of Agent and all of the Banks.
Appears in 1 contract
