Successors and Assigns; Consent to Assignment of Transferred Assets by Purchaser Sample Clauses

Successors and Assigns; Consent to Assignment of Transferred Assets by Purchaser. This Agreement shall bind and inure to the benefit of and be enforceable by the Seller, the Purchaser and their respective successors and permitted assigns; provided, however, that, neither the Seller nor the Purchaser may assign, delegate, novate or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the Agent. The Seller acknowledge that the Purchaser intends to pledge all of its rights in and to this Agreement (including, without limitation, all of the Purchaser's rights related to the Transferred Assets). The Seller agrees that the Agent, on behalf of the Secured Parties, may enforce any right or remedy against the Seller under this Agreement as if it were the Purchaser hereunder, following such assignment by the Purchaser and pledge by the Purchaser to the Agent. Such enforcement of a right or remedy by the Agent shall have the same force and effect as if the right or remedy had been enforced or exercised by Purchaser directly.