Common use of Binding Effect; Several Agreement; Assignments Clause in Contracts

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of Guarantor that are contained in this Guaranty Agreement shall bind and inure to the benefit of each party hereto and their respective successors and assigns. This Guaranty Agreement shall become effective as to Guarantor when a counterpart hereof executed on behalf of Guarantor shall have been delivered to Lender, and a counterpart shall have been executed on behalf of Lender, and thereafter shall be binding upon Guarantor and Lender and their respective successors and assigns, and shall inure to the benefit of Guarantor, Lender, and their respective successors and assigns, except that Guarantor shall not have the right to assign its rights or obligations hereunder or an interest herein (and any such attempted assignment shall be void).

Appears in 5 contracts

Samples: Guaranty Agreement (Cosmos Holdings Inc.), Guaranty Agreement (Cosmos Holdings Inc.), Guaranty Agreement (Cosmos Holdings Inc.)

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Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of the Guarantor that are contained in this Guaranty Agreement shall bind the Guarantor and its successors and assigns and inure to the benefit of each party hereto and their respective successors and assigns. This Guaranty Agreement shall become effective as to Guarantor when a counterpart hereof executed on behalf of Guarantor shall have been delivered to Lenderthe Administrative Agent, and a counterpart shall have been executed on behalf of Lender, and thereafter shall be binding upon Guarantor and Lender the Lenders and their respective successors and assigns, and shall inure the Lenders may, without notice to the benefit Guarantor and without affecting the Guarantor’s obligations hereunder, assign, sell or grant participations in the Guaranteed Obligations and this Guaranty, in whole or in part. This Agreement shall become effective as to the Guarantor when a counterpart hereof is executed on behalf of the Guarantor, Lender, and their respective successors and assigns, except that . The Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be void).

Appears in 4 contracts

Samples: Guaranty Agreement (ONEOK Partners LP), Guaranty Agreement (ONEOK Partners LP), Guaranty Agreement (ONEOK Partners LP)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of Guarantor that are contained in this Guaranty Agreement shall bind and inure to the benefit of each party hereto and their respective successors and assigns. This Guaranty Agreement shall become effective as to Guarantor when a counterpart hereof executed on behalf of Guarantor shall have been delivered to Lender, and a counterpart shall have been executed on behalf of LenderXxxxxx, and thereafter shall be binding upon Guarantor and Lender and their respective successors and assigns, and shall inure to the benefit of Guarantor, Lender, and their respective successors and assigns, except that Guarantor shall not have the right to assign its rights or obligations hereunder or an interest herein (and any such attempted assignment shall be void).

Appears in 3 contracts

Samples: Guaranty Agreement (Cosmos Holdings Inc.), Guaranty Agreement (Cosmos Holdings Inc.), Guaranty Agreement (Cosmos Holdings Inc.)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; , and all covenants, promises and agreements by or on behalf of Guarantor the Guarantors that are contained in this Guaranty Agreement shall bind and inure to the benefit of each party hereto and their respective successors and assigns. This Guaranty Agreement shall become effective as to any Guarantor when a counterpart hereof executed on behalf of such Guarantor shall have been delivered to Lenderthe Collateral Agent, and a counterpart hereof shall have been executed on behalf of Lenderthe Collateral Agent, and thereafter shall be binding upon such Guarantor and Lender the Collateral Agent and their respective successors and assigns, and shall inure to the benefit of such Guarantor, Lenderthe Collateral Agent and the other Secured Parties, and their respective successors and assigns, except that no Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be void).

Appears in 3 contracts

Samples: Intercreditor Agreement (Hechinger Co), Credit Agreement (Hechinger Co), Security Agreement (Hechinger Co)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement Guarantee any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of Guarantor the Guarantors that are contained in this Guaranty Agreement Guarantee shall bind and inure to the benefit of the Guaranteed Party and each party hereto and their respective successors and assigns. This Guaranty Agreement Guarantee shall become effective as to any Guarantor when a counterpart hereof shall be executed on behalf of such Guarantor shall have been delivered to Lender, and a counterpart shall have been executed on behalf of Lender, and thereafter shall be binding upon such Guarantor and Lender and their its respective successors and assigns, and shall inure to the benefit of such Guarantor, Lenderthe Guaranteed Party, and their respective successors and assigns, except that no Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (herein, and any such attempted assignment shall be void).

Appears in 3 contracts

Samples: Guarantee (Rayonier Inc), Guarantee (Rayonier Inc), Guarantee (Rayonier Inc)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement Guarantee any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of Guarantor the Guarantors that are contained in this Guaranty Agreement Guarantee shall bind and inure to the benefit of the Guaranteed Parties and each party hereto and their respective successors and assignsassigns that, in the case of successors and assigns of the Guaranteed Parties, become Holders. This Guaranty Agreement Guarantee shall become effective as to any Guarantor when a counterpart hereof shall be executed on behalf of such Guarantor shall have been delivered to Lender, and a counterpart shall have been executed on behalf of Lender, and thereafter shall be binding upon such Guarantor and Lender and their its respective successors and assigns, and shall inure to the benefit of such Guarantor, Lenderthe Guaranteed Parties, and their respective successors and assigns, except that no Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (herein, and any such attempted assignment shall be void).

Appears in 2 contracts

Samples: Guarantee (Rayonier Inc), Guarantee (Rayonier Inc)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement Guarantee any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of the Guarantor that are contained in this Guaranty Agreement Guarantee shall bind and inure to the benefit of each party hereto and their respective its successors and assigns. This Guaranty Agreement Guarantee shall become effective as to the Guarantor when a counterpart hereof executed on behalf of the Guarantor shall have been delivered to Lender, the Facility Agent and a counterpart hereof shall have been executed on behalf of Lenderthe Facility Agent, and thereafter shall be binding upon the Guarantor and Lender the Facility Agent and their respective successors and assigns, and shall inure to the benefit of the Guarantor, Lenderthe Facility Agent and the other Finance Parties, and their respective successors and assigns, except that the Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be void), except as expressly contemplated by this Guarantee or the other Finance Documents.

Appears in 2 contracts

Samples: Guaranty Agreement (Tiffany & Co), Guaranty Agreement (Tiffany & Co)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of Guarantor any of the parties hereto that are contained in this Guaranty Agreement shall bind and inure to the benefit of each party hereto and their respective successors and assigns. This Guaranty Agreement shall become effective as to any Guarantor when a counterpart hereof executed on behalf of such Guarantor shall have been delivered to Lenderthe Administrative Agent, and a counterpart hereof shall have been executed on behalf of Lenderthe Administrative Agent, and thereafter shall be binding upon such Guarantor and Lender the Administrative Agent and their respective successors and assigns, and shall inure to the benefit of such Guarantor, Lenderthe Administrative Agent and the Guarantied Parties, and their respective successors and assigns, except that no Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be void).

Appears in 2 contracts

Samples: Revolving Credit Agreement (Fortegra Financial Corp), Subsidiary Guaranty Agreement (Fortegra Financial Corp)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of Guarantor each party hereto that are contained in this Guaranty Agreement shall bind and inure to the benefit of each party hereto and their respective successors and assigns. This Guaranty Agreement shall become effective as to Xxxxxxxx and Guarantor when a counterpart hereof executed on behalf of Guarantor such party shall have been delivered to LenderXxxxxxxx, and a counterpart hereof shall have been executed on behalf of LenderXxxxxxxx, and thereafter shall be binding upon Guarantor such party and Lender Xxxxxxxx and their respective successors and assigns, and shall inure to the benefit of Guarantor, Lendersuch party and Xxxxxxxx, and their respective successors and assigns, except that Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be void).

Appears in 2 contracts

Samples: Iru Agreement (Winstar Communications Inc), Iru Agreement (Winstar Communications Inc)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; , and all covenants, promises and agreements by or on behalf of the Guarantor that are contained in this Guaranty Agreement shall bind and inure to the benefit of each party hereto and their respective successors and assigns. This Guaranty Agreement shall become effective as to the Guarantor when a counterpart hereof executed on behalf of the Guarantor shall have been delivered to Lenderthe Collateral Agent, and a counterpart hereof shall have been executed on behalf of Lenderthe Collateral Agent, and thereafter shall be binding upon the Guarantor and Lender the Collateral Agent and their respective successors and assigns, and shall inure to the benefit of the Guarantor, Lenderthe Collateral Agent and the other Secured Parties, and their respective successors and assigns, except that the Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be void).

Appears in 2 contracts

Samples: Parent Guarantee Agreement (Lpa Services Inc), Parent Guarantee Agreement (Donjoy LLC)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of Guarantor the Guarantors that are contained in this Guaranty Agreement shall bind and inure to the benefit of each party hereto and their respective permitted successors and assigns. This Guaranty Agreement shall become effective as to any Guarantor when a counterpart hereof executed on behalf of such Guarantor shall have been delivered to Lender, and a counterpart shall have been executed on behalf of Lender, and thereafter shall be binding upon such Guarantor and Lender and their respective its successors and assigns, and shall inure to the benefit of Guarantor, Lender, and their respective its successors and assigns, except that no Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be void). This Agreement shall be construed as a separate agreement with respect to each Guarantor and may be amended, modified, supplemented, waived or released with respect to any Guarantor without the approval of any other Guarantor and without affecting the obligations of any other Guarantor hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Superior Uniform Group Inc), Credit Agreement (Superior Uniform Group Inc)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of Guarantor the Guarantors that are contained in this Guaranty Agreement shall bind the Guarantors and their respective successors and assigns and inure to the benefit of each party hereto and their respective successors and assigns. This Guaranty Agreement shall become effective as to Guarantor when a counterpart hereof executed on behalf of Guarantor shall have been delivered to Lenderthe Administrative Agent, and a counterpart shall have been executed on behalf of Lender, and thereafter shall be binding upon Guarantor and Lender the Lenders and their respective successors and assigns, and shall inure the Lenders may, without notice to the benefit Guarantors and without affecting the Guarantors’ obligations hereunder, assign, sell or grant participations in the Guaranteed Obligations and this Guaranty, in whole or in part. This Agreement shall become effective as to each Guarantor when a counterpart hereof is executed on behalf of such Guarantor, Lender, and their respective successors and assigns, except that . No Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be void).

Appears in 2 contracts

Samples: Guaranty Agreement (Oneok Inc /New/), Guaranty Agreement (ONEOK Partners LP)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of the Guarantor that are contained in this Guaranty Agreement shall bind and inure to the benefit of each party hereto and their respective successors and assigns. This Guaranty Agreement shall become effective as to the Guarantor when a counterpart hereof executed on behalf of the Guarantor shall have been delivered to LenderPharmaBio, and a counterpart hereof shall have been executed on behalf of LenderPharmaBio, and thereafter shall be binding upon the Guarantor and Lender PharmaBio and their respective successors and assigns, and shall inure to the benefit of the Guarantor, LenderPharmaBio, and their respective successors and assigns, except that the Guarantor shall not have the right to assign any of its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be null and void)) except as expressly permitted by the Financing Agreement.

Appears in 1 contract

Samples: Guaranty Agreement (Cell Therapeutics Inc)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the permitted successors and assigns of such party; and all covenants, promises and agreements by or on behalf of the Guarantor that are contained in this Guaranty Agreement shall bind and inure to the benefit of each party hereto and their respective successors and assigns. This Guaranty Agreement shall become effective as to Guarantor when a counterpart hereof executed on behalf of Guarantor shall have been delivered to the Lender, and a counterpart hereof shall have been executed on behalf of the Lender, and thereafter shall be binding upon Guarantor and the Lender and their respective successors and assigns, and shall inure to the benefit of Guarantor, the Lender, and their respective successors and assigns, except that Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be void).

Appears in 1 contract

Samples: Guarantee Agreement (Central Freight Lines Inc)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of Guarantor the Guarantors that are contained in this Guaranty Agreement shall bind the Guarantors and their successors and assigns and inure to the benefit of each party hereto and their respective successors and assigns. This Guaranty Agreement shall become effective as to Guarantor when a counterpart hereof executed on behalf of Guarantor shall have been delivered to Lenderthe Administrative Agent, and a counterpart shall have been executed on behalf of Lender, and thereafter shall be binding upon Guarantor and Lender the Lenders and their respective successors and assigns, and shall inure the Lenders may, without notice to the benefit Guarantors and without affecting the Guarantors’ obligations hereunder, assign, sell or grant participations in the Guaranteed Obligations and this Guaranty, in whole or in part. This Agreement shall become effective as to each Guarantor when a counterpart hereof is executed on behalf of such Guarantor, Lender, and their respective successors and assigns, except that . No Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be void). Section 15.

Appears in 1 contract

Samples: 2 Guaranty Agreement (Oneok Inc /New/)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the executors, administrators, successors and assigns of such party; and all covenants, promises and agreements by or on behalf of Guarantor that are contained in this Guaranty Agreement shall bind and inure to the benefit of each party hereto and their respective executors, administrators, successors and assigns. This Guaranty Agreement shall become effective as to Guarantor when a counterpart hereof executed on behalf of Guarantor shall have been delivered to Lender, and a counterpart shall have been executed on behalf become effective as to Lender upon its acceptance of Lenderthe same, and thereafter shall be binding upon Guarantor and Lender and their respective executors, administrators, successors and assigns, and shall inure to the benefit of Guarantor, Lender, and their respective executors, administrators, successors and assigns, except that Guarantor shall not have the right to assign its rights or obligations hereunder or an interest herein (and any such attempted assignment shall be void).

Appears in 1 contract

Samples: Limited Guaranty Agreement (Volt Information Sciences, Inc.)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any either of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of the Guarantor that 4 217 are contained in this Guaranty Agreement shall bind and inure to the benefit of each party hereto and their its respective successors and assigns. This Guaranty Agreement shall become effective as to the Guarantor when a counterpart hereof executed on behalf of the Guarantor shall have been delivered to Lenderthe Collateral Agent, and a counterpart hereof shall have been executed on behalf of Lenderthe Collateral Agent, and thereafter shall be binding upon the Guarantor and Lender the Collateral Agent and their respective successors and assigns, and shall inure to the benefit of the Guarantor, Lenderthe Collateral Agent and the Secured Parties, and their respective successors and assigns, except that the Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be void).

Appears in 1 contract

Samples: Common Agreement (Velocom Inc)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the executors, administrators, successors and assigns of such party; and all covenants, promises and agreements by or on behalf of Guarantor that are contained in this Guaranty Agreement shall bind and inure to the benefit of each party hereto and their respective executors, administrators, successors and assigns. This Guaranty Agreement shall become effective as to Guarantor when a counterpart hereof executed on behalf of Guarantor shall have been delivered to Lender, and a counterpart shall have been executed on behalf of Lender, and thereafter shall be binding upon Guarantor and Lender and their respective executors, administrators, successors and assigns, and shall inure to the benefit of Guarantor, Lender, and their respective executors, administrators, successors and assigns, except that Guarantor shall not have the right to assign its rights or obligations hereunder or an interest herein (and any such attempted assignment shall be void).

Appears in 1 contract

Samples: Guaranty Agreement (Industrial Services of America Inc)

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Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of Guarantor the Guarantors that are contained in this Guaranty Agreement shall bind and inure to the benefit of each party hereto and their respective successors and assigns. This Guaranty Agreement shall become effective as to any Guarantor when a counterpart hereof executed on behalf of such Guarantor shall have been delivered to Lenderthe Bank, and a counterpart hereof shall have been executed on behalf of Lenderthe Bank, and thereafter shall be binding upon such Guarantor and Lender the Bank and their respective successors and assigns, and shall inure to the benefit of such Guarantor, Lenderand the Bank, and their respective successors and assigns, except that no Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be void). This Agreement shall be construed as a separate agreement with respect to each Guarantor and may be amended, modified, supplemented, waived or released with respect to any Guarantor without the approval of any other Guarantor and without affecting the obligations of any other Guarantor hereunder.

Appears in 1 contract

Samples: Reimbursement and Security Agreement (Tj International Inc)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of Guarantor any of the parties hereto that are contained in this Guaranty Agreement shall bind and inure to the benefit of each party hereto and their respective successors and assigns. This Guaranty Agreement shall become effective as to any Guarantor when a counterpart hereof executed on behalf of such Guarantor shall have been delivered to Lenderthe Administrative Agent, and a counterpart hereof shall have been executed on behalf of Lenderthe Administrative Agent, and thereafter shall be binding upon such Guarantor and Lender the Administrative Agent and their respective successors and assigns, and shall inure to the benefit of such Guarantor, Lenderthe Administrative Agent and the Guarantied Parties, and their respective successors and assigns, except that no Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be void).

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Fortegra Financial Corp)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of the Guarantor that are contained in this Guaranty Agreement shall bind and inure to the benefit of each party hereto and their respective successors and assigns. This Guaranty Agreement shall become effective as to the Guarantor when a counterpart hereof executed on behalf of the Guarantor shall have been delivered to Lenderthe Administrative Agent, and a counterpart hereof shall have been executed on behalf of Lenderthe Administrative Agent, and thereafter shall be binding upon the Guarantor and Lender the Administrative Agent and their respective successors and assigns, and shall inure to the benefit of the Guarantor, Lenderthe Administrative Agent and the other Lenders, and their respective successors and assigns, except that the Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be void).

Appears in 1 contract

Samples: Guarantee Agreement (Nasdaq Stock Market Inc)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of the Guarantor that are contained in this Guaranty Agreement shall bind and inure to the benefit of each party hereto and their respective successors and assigns. This Guaranty Agreement shall become effective as to the Guarantor when a counterpart hereof executed on behalf of the Guarantor shall have been delivered to Lenderthe Administrative Agent, and a counterpart hereof shall have been executed on behalf of Lenderthe Administrative Agent, and thereafter shall be binding upon the Guarantor and Lender the Administrative Agent and their respective successors and assigns, and shall inure to the benefit of the Guarantor, Lenderthe Administrative Agent and the Lenders, and their respective successors and assigns, except that Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be void).

Appears in 1 contract

Samples: Revolving Credit Agreement (ONEOK Partners LP)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of Guarantor the Guarantors that are contained in this Guaranty Agreement shall bind and inure to the benefit of each party hereto and their respective successors and assigns. This Guaranty Agreement shall become effective as to any Guarantor when a counterpart hereof executed on behalf of such Guarantor shall have been delivered to Lenderthe Administrative Agent, and a counterpart hereof shall have been executed on behalf of Lenderthe Administrative Agent, and thereafter shall be binding upon such Guarantor and Lender the Administrative Agent and their respective successors and assigns, and shall inure to the benefit of such Guarantor, Lenderthe Administrative Agent and the other Secured Parties, and their respective successors and assigns, except that no Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be void).

Appears in 1 contract

Samples: Subsidiary Guarantee Agreement (Knowles Electronics LLC)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of each Subsidiary Guarantor or the Initial Purchaser that are contained in this Guaranty Agreement shall bind and inure to the benefit of each party hereto and their respective successors and assigns. This Guaranty Agreement shall become effective as to each Subsidiary Guarantor when a counterpart hereof executed on its behalf of Guarantor shall have been delivered to Lenderthe Initial Purchaser, and a counterpart hereof shall have been executed on behalf of Lenderthe Initial Purchaser, and thereafter shall be binding upon such Subsidiary Guarantor and Lender the Initial Purchaser and their respective successors and assigns, and shall inure to the benefit of such Subsidiary Guarantor, Lenderthe Initial Purchaser and the other Purchasers and holders of Notes, and their respective successors and assigns, except that no Subsidiary Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be void).

Appears in 1 contract

Samples: Subsidiary Guarantee Agreement (PSF Holdings LLC)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement guaranty any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of Guarantor the guarantor that are contained in this Guaranty Agreement guaranty shall bind and inure to the benefit of each party hereto and their respective successors and assigns. This Guaranty Agreement guaranty shall become effective as to Guarantor guarantor when a counterpart hereof executed on behalf of Guarantor guarantor shall have been delivered to Lender, and a counterpart shall have been executed on behalf of Lender, scienza and thereafter shall be binding upon Guarantor and Lender guarantor and their respective successors and assigns, and shall inure to the benefit of Guarantorguarantor, Lenderscienza, and their respective successors and assigns, except that Guarantor guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be voidvoid ab initio). Scienza may assign its rights under this guaranty in connection with the assignment of the underlying guaranteed obligations, in whole or in part, to the extent permitted under the note.

Appears in 1 contract

Samples: Asset Purchase Agreement (Pharma-Bio Serv, Inc.)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of the Guarantor that are contained in this Guaranty Agreement shall bind and inure to the benefit of each party hereto and their respective successors and assigns. This Guaranty Agreement shall become effective as to the Guarantor when a counterpart hereof executed on behalf of the Guarantor shall have been delivered to Lenderthe Administrative Agent, and a counterpart hereof shall have been executed on behalf of Lenderthe Administrative Agent, and thereafter shall be binding upon the Guarantor and Lender the Administrative Agent and their respective successors and assigns, and shall inure to the benefit of the Guarantor, Lenderthe Administrative Agent and the other Secured Parties, and their respective successors and assigns, except that the Guarantor shall not have the no right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be void).

Appears in 1 contract

Samples: Parent Guarantee Agreement (Knowles Electronics LLC)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of the Guarantor that are contained in this Guaranty Agreement shall bind the Guarantor and its successors and assigns and inure to the benefit of each party hereto and their respective successors and assigns. This Guaranty Agreement shall become effective as to Guarantor when a counterpart hereof executed on behalf of Guarantor shall have been delivered to Lenderthe Administrative Agent, and a counterpart shall have been executed on behalf of Lender, and thereafter shall be binding upon Guarantor and Lender the Lenders and their respective successors and assigns, and shall inure the Lenders may, without notice to the benefit Guarantor and without affecting the Guarantor’s obligations hereunder, assign, sell or grant participations in the Guaranteed Obligations and this Guaranty, in whole or in part. This Agreement shall become effetive as to the Guarantor when a counterpart hereof is executed on behalf of the Guarantor, Lender, and their respective successors and assigns, except that . The Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be void).

Appears in 1 contract

Samples: Guaranty Agreement (ONEOK Partners LP)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of the Parent Guarantor that are contained in this Guaranty Agreement shall bind and inure to the benefit of each party hereto and their respective successors and assigns. This Guaranty Agreement shall become effective as to the Parent Guarantor when a counterpart hereof executed on behalf of such Parent Guarantor shall have been delivered to Lenderthe Servicer, and a counterpart hereof shall have been executed on behalf of Lenderthe Servicer and the Administrative Agent, and thereafter shall be binding upon Guarantor the Parent Guarantor, the Administrative Agent and Lender the Servicer and their respective successors and assigns, and shall inure to the benefit of such Parent Guarantor, Lenderthe Administrative Agent, the Servicer and the Lenders, and their respective successors and assigns, except that the Parent Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be void).

Appears in 1 contract

Samples: Revolving Credit Agreement (Ruby Tuesday Inc)

Binding Effect; Several Agreement; Assignments. Whenever in this Guaranty Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of the Guarantor that are contained in this Guaranty Agreement shall bind and inure to the benefit of each party hereto and their respective its successors and assigns. This Guaranty Agreement shall become effective as to the Guarantor when a counterpart hereof executed on behalf of the Guarantor shall have been delivered to Lender, and a counterpart shall have been executed on behalf of Lenderthe Administrative Agent, and thereafter shall be binding upon the Guarantor and Lender the Administrative Agent, and their respective successors and assigns, and shall inure to the benefit of Guarantor, Lenderthe Guarantor and the Administrative Agent, and their respective successors and assigns, except that neither the Administrative Agent nor the Guarantor shall not have the right to assign its rights or obligations hereunder or an any interest herein (and any such attempted assignment shall be void), except as expressly contemplated by this Guaranty Agreement or the other Loan Documents.

Appears in 1 contract

Samples: Parent Guaranty Agreement (Newtek Business Services Corp.)

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