Parties Bound; Assignment; Joint and Several Sample Clauses

Parties Bound; Assignment; Joint and Several. This Guaranty shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns and legal representatives; provided, however, that Guarantor may not, without the prior written consent of Lender, assign any of its rights, powers, duties or obligations hereunder. If Guarantor consists of more than one person or party, the obligations and liabilities of each such person or party shall be joint and several.
AutoNDA by SimpleDocs
Parties Bound; Assignment; Joint and Several. This Guaranty shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns and legal representatives; provided, however, that Guarantor may not, without the prior written consent of Purchaser, assign any of its rights, powers, duties or obligations hereunder. If Guarantor consists of more than one person or party, the obligations and liabilities of each such person or party shall be joint and several. Purchaser may assign or transfer its rights under this Guaranty in accordance with the transfer of assignment provisions of the Master Repurchase Agreement.
Parties Bound; Assignment; Joint and Several. This Guaranty shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns and legal representatives; provided, however, that Guarantor may not, without the prior written consent of Lender, assign any of its rights, powers, duties or obligations hereunder. Ashford Guarantor and Prudential Guarantor shall be jointly and severally liable for all obligations and liabilities of Guarantor under this Guaranty. All references to “Guarantor” herein shall mean Ashford Guarantor and Prudential Guarantor, both individually and collectively, as the context may require.
Parties Bound; Assignment; Joint and Several. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns and legal representatives; provided that the Guarantor may not, without the prior written consent of the Collateral Agent (acting at the direction of the Requisite Lenders) and GS, assign any of its rights, powers, duties or obligations hereunder.
Parties Bound; Assignment; Joint and Several. This Guaranty shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors, permitted assigns, heirs and legal representatives. Lender may sell, assign, pledge, participate, transfer or delegate, as applicable to one or more Persons all or a portion of its rights and obligations under this Guaranty in connection with any assignment, sale, pledge, participation or transfer of the Loan and the Loan Documents. Any assignee or transferee of Lender shall be entitled to all the benefits afforded to Lender under this Guaranty, Guarantor shall not have the right to delegate, assign or transfer its rights or obligations under this Guaranty without the prior written consent of Lender, and any attempted assignment, delegation or transfer without such consent shall be null and void. If Guarantor consists of more than one Person or party, the obligations of each such Person or party under this Guaranty shall be joint and several.
Parties Bound; Assignment; Joint and Several. This Guaranty shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns and legal representatives; provided, however, that Guarantor may not, without the prior written consent of Lxxxxx, assign any of its rights, powers, duties or obligations hereunder. If Guarantor consists of more than one Person or party, (a) the obligations and liabilities of each such Person or party hereunder shall be joint and several and (b) each Guarantor agrees to protect, indemnify, defend and hold Lender harmless from and against any loss, damage, claim, demand, cost or other liability (including, without limitation, attorneys’ fees and costs) Lender may suffer as a result of any dispute between or among one or more Guarantors and/or Borrower concerning the Guaranteed Obligations, including without limitation any Guarantor’s right to contribution or reimbursement from Borrower or any other Guarantor for payment of the Guaranteed Obligations.
Parties Bound; Assignment; Joint and Several. This Guaranty shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns and legal representatives; provided, however, that Guarantor may not, without the prior written consent of Lender, assign any of its rights, powers, duties or obligations hereunder. If Guarantor consists of more than one person or party, the obligations and liabilities of each such person or party shall be joint and several. Lender has the right to sell, transfer, assign or otherwise dispose of its rights, obligations and/or interest in the Loan and the Loan Documents, including, without limitation, this Guaranty, pursuant to Section 9.1 of the Loan Agreement.
AutoNDA by SimpleDocs
Parties Bound; Assignment; Joint and Several. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns and legal representatives; provided, however, that Carveout Indemnitor may not, without the prior written consent of Lender (which consent may be granted or withheld in Lender’s sole discretion), assign any of its rights, powers, duties or obligations hereunder. If Carveout Indemnitor consists of more than one person or party, the obligations and liabilities of each such person or party shall be joint and several.
Parties Bound; Assignment; Joint and Several. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors, assigns and legal representatives; provided, however, that Indemnitor may not, without the prior written consent of Ashford, assign any of its rights, powers, duties or obligations hereunder.
Parties Bound; Assignment; Joint and Several. This Guarantee shall be binding upon and inure to the benefit of the parties hereto and the Term B-4 Lenders and their respective successors, assigns and legal representatives; provided, however, that Guarantor may not, without the prior written consent of the Administrative Agent and the Term B-4 Lenders, assign any of its rights, powers, duties or obligations hereunder (and any such attempted assignment of transfer without such consent shall be null and void). If, at any time, the Guarantor consists of more than one person or party, the obligations and liabilities of each such person or party shall be joint and several. The Guarantor agrees that the Term B-4 Lenders are express third party beneficiaries of this Agreement.
Time is Money Join Law Insider Premium to draft better contracts faster.