Binding Effect; No Assignment or Delegation by Borrower. This Agreement shall be binding upon and inure to the benefit of the Borrower and its successors and to the benefit of the Lenders, the Collateral Monitoring Agent, the Issuing Bank and the Agent and their respective successors and assigns. The rights and obligations of the Borrower under this Agreement shall not be assigned or delegated without the prior written consent of the Agent, the Collateral Monitoring Agent, the Issuing Bank and the Lenders, and any purported assignment or delegation without such consent shall be void.
Appears in 3 contracts
Samples: Loan Agreement (G Iii Apparel Group LTD /De/), Loan Agreement (G Iii Apparel Group LTD /De/), Loan Agreement (G Iii Apparel Group LTD /De/)
Binding Effect; No Assignment or Delegation by Borrower. This Agreement shall be binding upon and inure to the benefit of each of the Borrower and its their respective successors and to the benefit of the Lenders, the Collateral Monitoring Agent, the Issuing Bank Lenders and the Agent and their respective successors and assigns. The rights and obligations of the Borrower each Loan Party under this Agreement shall not be assigned or delegated without the prior written consent of the Agent, the Collateral Monitoring Agent, the Issuing Bank Agent and the Required Lenders, and any purported assignment or delegation without such consent shall be void.
Appears in 2 contracts
Samples: Credit Agreement (Cornerstone Healthcare Plus Reit, Inc.), Credit Agreement (Grubb & Ellis Healthcare REIT II, Inc.)
Binding Effect; No Assignment or Delegation by Borrower. This Agreement shall be binding upon and inure to the benefit of the Borrower and its successors and to the benefit of the Lenders, the Collateral Monitoring Agent, the Issuing Bank and the Agent and their respective successors and assigns. The rights and obligations of the Borrower under this Agreement shall not be assigned or delegated without the prior written consent of the Agent, the Collateral Monitoring Agent, the Issuing Bank and the LendersBank, and any purported assignment or delegation without such consent shall be void.
Appears in 2 contracts
Samples: Loan Agreement (A C Moore Arts & Crafts Inc), Loan Agreement (A C Moore Arts & Crafts Inc)
Binding Effect; No Assignment or Delegation by Borrower. This Agreement shall be binding upon and inure to the benefit of the Borrower and its successors and to the benefit of the Lenders, Banks and the Collateral Monitoring Agent, the Issuing Bank and the Agent and their respective successors and assigns. The rights and obligations of the Borrower under this Agreement shall not be assigned or delegated without the prior written consent of the Agent, the Collateral Monitoring Agent, the Issuing each Bank and the LendersCollateral Agent, and any purported assignment or delegation without such consent shall be void.
Appears in 1 contract
Samples: Loan Agreement (Griffon Corp)
Binding Effect; No Assignment or Delegation by Borrower. This Agreement shall be binding upon and inure to the benefit of the Borrower and its successors and to the benefit of the Lenders, the Collateral Monitoring Agent, the Issuing Bank Lenders and the Administrative Agent and their respective successors and assigns. The rights and obligations of the Borrower under this Agreement shall not be assigned or delegated without the prior written consent of the Agent, the Collateral Monitoring Agent, the Issuing Bank Administrative Agent and the Lenders, and any purported assignment or delegation without such consent shall be null and void.
Appears in 1 contract
Binding Effect; No Assignment or Delegation by Borrower. This Agreement shall be binding upon and inure to the benefit of the Borrower and its successors and to the benefit of the Lenders, the Collateral Monitoring Agent, the Issuing Bank and the Agent and their its respective successors and assigns. The rights and obligations of the Borrower under this Agreement shall not be assigned or delegated without the prior written consent of the Agent, the Collateral Monitoring Agent, the Issuing Bank and the LendersBank, and any purported assignment or delegation without such consent shall be void.
Appears in 1 contract
Binding Effect; No Assignment or Delegation by Borrower. This Agreement shall be binding upon and inure to the benefit of the Borrower and its successors and to the benefit of the Lenders, the Collateral Monitoring Agent, the Issuing Bank Lenders and the Administrative Agent and their respective successors and assigns. The rights and obligations of the Borrower under this Agreement shall not be assigned or delegated without the prior written consent of the Agent, the Collateral Monitoring Agent, the Issuing Bank Administrative Agent and the Lenderseach Lender, and any purported assignment or delegation without such consent shall be void.
Appears in 1 contract
Binding Effect; No Assignment or Delegation by Borrower. This Agreement shall be binding upon and inure to the benefit of the Borrower and its successors and to the benefit of the Lenders, the Collateral Monitoring Agent, the Issuing Bank Banks and the Administrative Agent and their respective successors and assigns. The rights and obligations of the Borrower under this Agreement shall not be assigned or delegated without the prior written consent of the Agent, the Collateral Monitoring Agent, the Issuing each Bank and the LendersAdministrative Agent, and any purported assignment or delegation without such consent shall be void.
Appears in 1 contract
Samples: Loan Agreement (Griffon Corp)
Binding Effect; No Assignment or Delegation by Borrower. This Agreement shall be binding upon and inure to the benefit of the Borrower and its Borrower's successors and to the benefit of the Lenders, the Collateral Monitoring Agent, the Issuing Bank Lender and the Agent and their respective its successors and assigns. The rights and obligations of the Borrower under this Agreement shall not be assigned or delegated without the prior written consent of the Agent, the Collateral Monitoring Agent, the Issuing Bank and the LendersLender, and any purported assignment or delegation without such consent shall be void.
Appears in 1 contract
Samples: Credit Agreement (Headwaters Inc)
Binding Effect; No Assignment or Delegation by Borrower. This Agreement shall be binding upon and inure to the benefit of the Borrower and its Borrower's successors and to the benefit of the Lenders, the Collateral Monitoring Agent, the Issuing Bank Agent and the Agent Banks and their respective successors and assigns. The rights and obligations of the Borrower under this Agreement shall not be assigned or delegated without the prior written consent of all the Agent, the Collateral Monitoring Agent, the Issuing Bank and the LendersBanks, and any purported assignment or delegation without such consent shall be void.
Appears in 1 contract
Samples: Credit Agreement (Sonicblue Inc)
Binding Effect; No Assignment or Delegation by Borrower. This Agreement shall be binding upon and inure to the benefit of the Borrower and its successors and to the benefit of the Lenders, the Collateral Monitoring Agent, the Issuing Bank Lenders and the Administrative Agent and their respective successors and assigns. The rights and obligations of the Borrower under this Agreement shall not be assigned or delegated without the prior written consent of the Agent, the Collateral Monitoring Agent, the Issuing Bank Administrative Agent and the Lenders, and any purported assignment or delegation without such consent shall be void.
Appears in 1 contract
