Common use of Parties Bound; Assignment Clause in Contracts

Parties Bound; Assignment. 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 shall have the right to assign or transfer its rights under this Guaranty in connection with any assignment 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. No Guarantor shall have the right to assign or transfer its rights or obligations under this Guaranty without the prior written consent of Lender, and any attempted assignment without such consent shall be null and void.

Appears in 19 contracts

Samples: Guaranty Agreement (Owens Realty Mortgage, Inc.), Guaranty (Owens Realty Mortgage, Inc.), Guaranty Agreement (Owens Realty Mortgage, Inc.)

AutoNDA by SimpleDocs

Parties Bound; Assignment. 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 shall have the right to assign or transfer its rights under this Guaranty in connection with any assignment 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. No Guarantor shall not have the right to assign or transfer its rights or obligations under this Guaranty without the prior written consent of Lender, and any attempted assignment without such consent shall be null and void.

Appears in 15 contracts

Samples: Guaranty of Recourse Obligations (Bluerock Residential Growth REIT, Inc.), Limited Recourse Guaranty (Generation Income Properties, Inc.), Cross Indemnification Agreement (Landwin Realty Trust, Inc.)

Parties Bound; Assignment. 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 shall have the right to assign or transfer its rights under this Guaranty in connection with any assignment 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. No Guarantor shall not have the right to assign or transfer its rights or obligations under this Guaranty without the prior written consent of Lender, and any attempted assignment without such consent shall be null and void. Notwithstanding the foregoing, Guarantor may be replaced by a replacement guarantor in accordance with the terms set forth in Section 11.19 of the Loan Agreement.

Appears in 4 contracts

Samples: Guaranty of Recourse Obligations (TPG RE Finance Trust, Inc.), TPG RE Finance Trust, Inc., TPG RE Finance Trust, Inc.

Parties Bound; Assignment. 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 shall have the right to assign or transfer its rights under this Guaranty in connection with any assignment 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. No Guarantor shall have the no right to assign or transfer its rights or obligations under this Guaranty without the prior written consent of Lender, and any attempted assignment without such consent shall be null and void.

Appears in 3 contracts

Samples: Guaranty Agreement (Terra Tech Corp.), Guaranty Agreement (Terra Tech Corp.), Guaranty Agreement (Terra Tech Corp.)

Parties Bound; Assignment. 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 shall have the right to assign or transfer its rights under this Guaranty in connection with any assignment of the Loan and the Loan Documents that is permitted under the Loan Documents. Any permitted assignee or transferee of Lender shall be entitled to all the benefits afforded to Lender under this Guaranty. No Guarantor shall not have the right to assign or transfer its rights or obligations under this Guaranty without the prior written consent of Lender, and any attempted assignment without such consent shall be null and void.

Appears in 2 contracts

Samples: Loan Agreement (Alexanders Inc), Alexanders Inc

Parties Bound; Assignment. 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 shall have the right to assign or transfer its rights under this Guaranty in connection with any assignment 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. No Guarantor shall have the right to assign or transfer its rights or obligations under this Guaranty without the prior written consent of Lender, and any attempted assignment without such consent shall be null and void.

Appears in 2 contracts

Samples: Guaranty (Ionis Pharmaceuticals Inc), Guaranty (Ionis Pharmaceuticals Inc)

Parties Bound; Assignment. 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 and Agent shall have the right to assign or transfer its rights under this Guaranty in connection with any assignment of the Loan and the Loan Documents. Any assignee assignee, transferee or transferee successor of Lender or Agent shall be entitled to all the benefits afforded to Lender and Agent under this Guaranty. No Guarantor shall not have the right to assign or transfer its rights or obligations under this Guaranty without the prior written consent of LenderAgent, and any attempted assignment without such consent shall be null and void.

Appears in 2 contracts

Samples: Non Recourse Carve Out Guaranty Agreement (Allegiant Travel CO), Guaranty of Payment (Allegiant Travel CO)

Parties Bound; Assignment. 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 shall have the right to assign or transfer its rights under this Guaranty in connection with any assignment 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. No Subject to Article 7 of the Loan Agreement with respect to an Approved Replacement Guarantor, no Guarantor shall have the right to assign or transfer its rights or obligations under this Guaranty without the prior written consent of Lender, and any attempted assignment without such consent shall be null and void.

Appears in 1 contract

Samples: Guaranty of Recourse Obligations (American Realty Capital Hospitality Trust, Inc.)

Parties Bound; Assignment. 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 Each Secured Party shall have the right to assign or transfer its rights under this Guaranty in connection with any assignment of the Loan and the Loan Documents. Any assignee or transferee of Lender a Secured Party shall be entitled to all the benefits afforded to Lender such Secured Party under this Guaranty. No Guarantor shall not have the right to assign or transfer its rights or obligations under this Guaranty without the prior written consent of LenderSecured Parties, and any attempted assignment without such consent shall be null and void.

Appears in 1 contract

Samples: Credit Agreement (CBL & Associates Properties Inc)

Parties Bound; Assignment. 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 Administrative Agent and Lenders shall have the right to assign or transfer its rights under this Guaranty in connection with any assignment of the Loan and the Loan Documents. Any assignee or transferee of Lender Lenders shall be entitled to all the benefits afforded to Lender Lenders under this Guaranty. No Guarantor shall have the right to assign or transfer its rights or obligations under this Guaranty without the prior written consent of LenderAdministrative Agent, and any attempted assignment without such consent shall be null and void.

Appears in 1 contract

Samples: Guaranty Agreement (Altitude International Holdings, Inc.)

Parties Bound; Assignment. 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 Each Secured Party shall have the right to assign or transfer its rights under this Guaranty in connection with any assignment of the Loan and the Loan Documents. Any assignee or transferee of Lender a Secured Party shall be entitled to all the benefits afforded to Lender such Secured Party under this Guaranty. No Guarantor shall have the right to assign or transfer its rights or obligations under this Guaranty without the prior written consent of LenderSecured Parties, and any attempted assignment without such consent shall be null and void.

Appears in 1 contract

Samples: Credit Agreement (CBL & Associates Properties Inc)

AutoNDA by SimpleDocs

Parties Bound; Assignment. 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 and Agent shall have the right to assign or transfer its rights under this Guaranty in connection with any assignment of the Loan and the Loan Documents. Any assignee assignee, transferee or transferee successor of Agent or Lender shall be entitled to all the benefits afforded to Agent and Lender under this Guaranty. No Guarantor shall not have the right to assign or transfer its rights or obligations under this Guaranty without the prior written consent of LenderAgent, and any attempted assignment without such consent shall be null and void.

Appears in 1 contract

Samples: Guaranty of Completion (Allegiant Travel CO)

Parties Bound; Assignment. 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 shall have the right to assign or transfer its rights under this Guaranty in connection with any assignment of the Loan and the Mezzanine Loan Documents. Any assignee or transferee of Lender shall be entitled to all the benefits afforded to Lender under this Guaranty. No Guarantor shall not have the right to assign or transfer its rights or obligations under this Guaranty Assignment without the prior written consent of Lender, and any attempted assignment without such consent shall be null and void.

Appears in 1 contract

Samples: Horizon Group Properties Inc

Parties Bound; Assignment. 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 shall have the right to assign or transfer its rights under this Guaranty in connection with any assignment 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. No Subject to Article VII of the Loan Agreement, no Guarantor shall have the right to assign or transfer its rights or obligations under this Guaranty without the prior written consent of Lender, and any attempted assignment without such consent shall be null and void.

Appears in 1 contract

Samples: Assumption Agreement (American Realty Capital Hospitality Trust, Inc.)

Parties Bound; Assignment. 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 shall have the right to assign or transfer its rights under this Guaranty in connection with any assignment 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. No Subject to the provisions of Article VII of the Loan Agreement, no Guarantor shall have the right to assign or transfer its rights or obligations under this Guaranty without the prior written consent of Lender, and any attempted assignment without such consent shall be null and void.

Appears in 1 contract

Samples: Assumption Agreement (American Realty Capital Hospitality Trust, Inc.)

Parties Bound; Assignment. 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 Seller shall have the right to assign or transfer its rights under this Guaranty in connection with any assignment of the Loan and Transfer Documents in accordance with the Loan terms of the Transfer Documents. Any permitted assignee or transferee of Lender Seller shall be entitled to all the benefits afforded to Lender Seller under this Guaranty. No Guarantor shall not have the right to assign or transfer its rights or obligations under this Guaranty without the prior written consent of LenderSeller, and any attempted assignment without such consent shall be null and void.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cottonwood Multifamily Opportunity Fund, Inc.)

Parties Bound; Assignment. 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 shall have the right to assign or transfer its rights under this Guaranty in connection with any assignment 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. No Guarantor shall not have the right to assign or transfer its rights or obligations under this Guaranty Assignment without the prior written consent of Lender, and any attempted assignment without such consent shall be null and void.

Appears in 1 contract

Samples: Horizon Group Properties Inc

Parties Bound; Assignment. 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 shall have the right to assign or transfer its rights under this Guaranty in connection with any assignment 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. No Guarantor shall have the right to assign or transfer its rights or obligations under this Guaranty without the prior written consent of LenderLxxxxx, and any attempted assignment without such consent shall be null and void.

Appears in 1 contract

Samples: Guaranty of Recourse Obligations (American Realty Capital Hospitality Trust, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.