Common use of Binding on Successors, Transferees and Assigns; Assignment Clause in Contracts

Binding on Successors, Transferees and Assigns; Assignment. This Guarantee shall remain in full force and effect until the Termination Date has occurred, shall be binding upon each Guarantor and its successors, transferees and assigns and shall inure to the benefit of and be enforceable by the Lender; provided, that such Guarantor may not (unless otherwise permitted under the terms of the Credit Agreement) assign any of its obligations hereunder without the prior written consent of the Lender. Without limiting the generality of the foregoing, the Lender may assign or otherwise transfer (in whole or in part) its Commitment, Note or Loans held by it to any other Person to the extent permitted by the Credit Agreement, and such other Person shall thereupon become vested with all rights and benefits in respect thereof granted to the Lender under each Loan Document (including this Guarantee) or otherwise.

Appears in 7 contracts

Samples: Guarantee (Natera, Inc.), Guarantee (TransMedics Group, Inc.), Credit Agreement (Natera, Inc.)

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Binding on Successors, Transferees and Assigns; Assignment. This Guarantee shall remain in full force and effect until the Termination Date has occurred, shall be binding upon each Guarantor and its successors, transferees and assigns and shall inure to the benefit of and be enforceable by the Lender; provided, that such Guarantor may not (unless otherwise permitted under the terms of the Credit Agreement) assign any of its obligations hereunder without the prior written consent of the Lender. Without limiting the generality of the foregoing, the Lender may assign or otherwise transfer (in whole or in part) its Commitment, Note or Loans held by it to any other Person to the extent permitted by the Credit AgreementPerson, and such other Person shall thereupon become vested with all rights and benefits in respect thereof granted to the Lender under each Loan Document (including this Guarantee) or otherwise.

Appears in 5 contracts

Samples: Credit Agreement (Natera, Inc.), Credit Agreement (Natera, Inc.), Credit Agreement (Natera, Inc.)

Binding on Successors, Transferees and Assigns; Assignment. This Guarantee shall remain in full force and effect until until, subject to Section 2.2, the Termination Date has occurred, shall be binding upon each Guarantor and its successors, transferees and assigns and shall inure to the benefit of and be enforceable by the Lender; provided, that such Guarantor may not (unless otherwise permitted under the terms of the Credit Agreement) assign any of its obligations hereunder without the prior written consent of the Lender. Without limiting the generality of the foregoing, the Lender may assign or otherwise transfer (in whole or in part) its Commitment, Note or the Note, the Loans and its other rights under the Loan Documents held by it to any other Person to the extent permitted by the Credit AgreementPerson, and such other Person shall thereupon become vested with all rights and benefits in respect thereof granted to the Lender under each Loan Document (including this Guarantee) or otherwise.

Appears in 3 contracts

Samples: Guarantee (Unilife Corp), Acknowledgement and Agreement (Unilife Corp), Acknowledgement and Agreement (Unilife Corp)

Binding on Successors, Transferees and Assigns; Assignment. This Guarantee shall remain in full force and effect until the Termination Date has occurred, shall be binding upon each Guarantor and its successors, transferees and assigns and shall inure to the benefit of and be enforceable by the Lender; provided, that such Guarantor may not (unless otherwise permitted under the terms of the Credit Agreement) assign any of its obligations hereunder without the prior written consent of the Lender. Without limiting the generality of the foregoing, the Lender may assign or otherwise transfer (in whole or in part) its Commitment, Note or Loans Loan held by it to any other Person to the extent permitted by the Credit AgreementPerson, and such other Person shall thereupon become vested with all rights and benefits in respect thereof granted to the Lender under each Loan Document (including this Guarantee) or otherwise.

Appears in 2 contracts

Samples: Credit Agreement (Recro Pharma, Inc.), Guarantee (Recro Pharma, Inc.)

Binding on Successors, Transferees and Assigns; Assignment. This Guarantee shall remain in full force and effect until the Termination Date has occurred, shall be binding upon each Guarantor and its successors, transferees and assigns and shall inure to the benefit of and be enforceable by the LenderSecured Parties; provided, provided that such Guarantor may not (unless otherwise permitted under the terms of the Credit Agreement) assign any of its obligations hereunder without the prior written consent of the LenderSecured Parties. Without limiting the generality of the foregoing, the Lender Lenders may assign or otherwise transfer (in whole or in part) its Commitment, Note or Loans held by it to any other Person to the extent permitted by in accordance with the Credit Agreement, and such other Person shall thereupon become vested with all rights and benefits in respect thereof granted to the Lender Lenders under each Loan Document (including this Guarantee) or otherwise.

Appears in 1 contract

Samples: Pledge and Security Agreement (Acutus Medical, Inc.)

Binding on Successors, Transferees and Assigns; Assignment. This Guarantee shall remain in full force and effect until the Termination Date has occurred, shall be binding upon each Guarantor and its successors, transferees and assigns and shall inure to the benefit of and be enforceable by the LenderBank; provided, that such Guarantor may not (unless otherwise permitted under the terms of the Credit Loan Agreement) assign any of its obligations hereunder without the prior written consent of the LenderBank. Without limiting the generality of the foregoing, the Lender Bank may assign or otherwise transfer (in whole or in part) its Commitment, Note Commitment or Loans Credit Extensions held by it to any other Person to the extent permitted by the Credit Loan Agreement, and such other Person shall thereupon become vested with all rights and benefits in respect thereof granted to the Lender Bank under each Loan Document (including this Guarantee) or otherwise.

Appears in 1 contract

Samples: Guarantee and Pledge Agreement (New Age Beverages Corp)

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Binding on Successors, Transferees and Assigns; Assignment. This Guarantee shall remain in full force and effect until the Termination Date has occurredLoans are Paid in Full, shall be binding upon each Guarantor and its successors, transferees and assigns and shall inure to the benefit of and be enforceable by the LenderAgent and the other Secured Parties; provided, that such Guarantor may not (unless otherwise permitted under the terms of the Credit Agreement) assign any of its obligations hereunder without the prior written consent of the LenderLenders. Without limiting the generality of the foregoing, the each Lender may assign or otherwise transfer (in whole or in part) its Commitmentthe Commitments, Note Notes or Loans held by it to any other Person to the extent permitted by the Credit Agreement, and such other Person shall thereupon become vested with all rights and benefits in respect thereof granted to the such Lender under each Loan Document (including this Guarantee) or otherwise.

Appears in 1 contract

Samples: Guarantee (Workhorse Group Inc.)

Binding on Successors, Transferees and Assigns; Assignment. This Guarantee shall remain in full force and effect until the Termination Date has occurred, shall be binding upon each Guarantor and its successors, transferees and assigns and shall inure to the benefit of and be enforceable by the Lender; provided, that such Guarantor may not (unless otherwise permitted under the terms of the Credit Agreement) assign any of its obligations hereunder without the prior written consent of the Lender. Without limiting the generality of the foregoing, the Lender may assign or otherwise transfer (in whole or in part) its Commitment, Note or Loans Loan held by it to any other Person to the extent permitted by provided that such assignment or transfer is in accordance with the Credit Agreement, and such other Person shall thereupon become vested with all rights and benefits in respect thereof granted to the Lender under each Loan Document (including this Guarantee) or otherwise.

Appears in 1 contract

Samples: Credit Agreement (GC Aesthetics PLC)

Binding on Successors, Transferees and Assigns; Assignment. This Guarantee shall remain in full force and effect until the Termination Date has occurred, shall be binding upon each Guarantor and its successors, transferees and assigns and shall inure to the benefit of and be enforceable by the LenderSecured Parties; provided, provided that such Guarantor may not (unless otherwise permitted under the terms of the Credit Agreement) assign any of its obligations hereunder without the prior written consent of the LenderSecured Parties. Without limiting the generality of the foregoing, to the extent permitted by the Credit Agreement, a Lender may assign or otherwise transfer (in whole or in part) its Commitment, Note or Loans held by it to any other Person to the extent permitted by the Credit AgreementPerson, and such other Person shall thereupon become vested with all rights and benefits in respect thereof granted to the that Lender under each Loan Document (including this Guarantee) or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Harmony Biosciences Holdings, Inc.)

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