Common use of Successors and Assigns; Participations; New Lenders Clause in Contracts

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 73 contracts

Samples: Revolving Credit (Allied Motion Technologies Inc), Security Agreement (Aventine Renewable Energy Holdings Inc), Security Agreement (Hybrook Resources Corp.)

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Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of BorrowersBorrower, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 32 contracts

Samples: Security Agreement (P&f Industries Inc), Credit and Security Agreement (Input Output Inc), Credit and Security Agreement (Pc Connection Inc)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Agent, each Lender, all future holders of the Obligations and their respective successors and permitted assigns, except that no Borrower may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 15 contracts

Samples: Security Agreement (Englobal Corp), Security Agreement (Sypris Solutions Inc), Revolving Credit, Guaranty, and Security Agreement (Rocky Brands, Inc.)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of BorrowersLoan Parties, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower Loan Party may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 14 contracts

Samples: Collateral Pledge Agreement (Universal Logistics Holdings, Inc.), Loan and Security Agreement (Edgen Louisiana CORP), Security Agreement (Stream Global Services, Inc.)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowersthe Loan Parties, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower Loan Party may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 12 contracts

Samples: Security Agreement (AutoWeb, Inc.), Term Loan Credit and Security Agreement (Quantum Corp /De/), Credit and Security Agreement (Quantum Corp /De/)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowerseach Borrower, Agent, each Lender, all future holders of the Obligations and their respective successors and permitted assigns, except that no Borrower Borrowers may not assign or transfer any of its their rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 8 contracts

Samples: Security Agreement (Emerge Energy Services LP), Security Agreement (Dreams Inc), Security Agreement (Mammoth Energy Services, Inc.)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of BorrowersLoan Parties, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower Loan Party may assign or transfer any of its rights or obligations under this Agreement (including, in each case, by way of an LLC Division) without the prior written consent of Agent and each Lender.

Appears in 7 contracts

Samples: Guaranty and Security Agreement (Innovex Downhole Solutions, Inc.), Security Agreement (Ampco Pittsburgh Corp), Guaranty and Security Agreement (Innovex Downhole Solutions, Inc.)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of BorrowersBorrower, Agent, each Lender, all future holders of the Obligations and their respective successors and permitted assigns, except that no Borrower may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 7 contracts

Samples: Security Agreement (Hudson Technologies Inc /Ny), Security Agreement (Perma Fix Environmental Services Inc), Security Agreement (Perma Fix Environmental Services Inc)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowerseach Loan Party, Agent, each Lender, all future holders of the Obligations and their respective successors and permitted assigns, except that no Borrower Loan Party may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 6 contracts

Samples: Security Agreement (TCP International Holdings Ltd.), Revolving Creditandsecurity Agreement (TCP International Holdings Ltd.), Loan and Security Agreement (Marketwise, Inc.)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower may assign or transfer any of its rights or obligations under this Agreement (including, in each case, by way of an LLC Division) without the prior written consent of Agent and each Lender.

Appears in 5 contracts

Samples: Security Agreement (PHI Group, Inc./De), Loan and Security Agreement (PHI Group, Inc./De), Security Agreement (PHI Group, Inc./De)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowersthe Loan Parties, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower Loan Party may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 4 contracts

Samples: Term Loan Credit and Security Agreement (Quantum Corp /De/), Security Agreement (Quantum Corp /De/), Security Agreement (Quantum Corp /De/)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowersthe Loan Parties, Agent, each Lender, all future holders of the Obligations and their respective successors and permitted assigns, except that no Borrower Loan Party hereto may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 4 contracts

Samples: Joinder Agreement (Boot Barn Holdings, Inc.), Credit Agreement (Boot Barn Holdings, Inc.), Credit Agreement (Boot Barn Holdings, Inc.)

Successors and Assigns; Participations; New Lenders. (a) This a)This Agreement shall be binding upon and inure to the benefit of Borrowersthe Loan Parties, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower Loan Party may assign or transfer any of its rights or obligations under this Agreement (including, in each case, by way of an LLC Division) without the prior written consent of Agent and each Lender.

Appears in 4 contracts

Samples: Security Agreement (Williams Industrial Services Group Inc.), Revolving Credit and Security Agreement (Williams Industrial Services Group Inc.), Security Agreement (Williams Industrial Services Group Inc.)

Successors and Assigns; Participations; New Lenders. (ai) This Agreement shall be binding upon and inure to the benefit of BorrowersBorrower, Agent, each Lender, all future holders of the Obligations Notes and their respective successors and assigns, except that no Borrower may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 3 contracts

Samples: Loan and Security Agreement (Executone Information Systems Inc), Loan and Security Agreement (Nations Flooring Inc), Loan and Security Agreement (Nations Flooring Inc)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Agent, each LenderLender Party, all future holders of the Obligations and their respective successors and assigns, except that no Borrower may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Lexington Precision Corp), Credit and Security Agreement (Lexington Precision Corp)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Agent, each Lender, all future holders of the Obligations Notes and their respective successors and assigns, except that no Borrower may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each LenderRequired Lenders.

Appears in 2 contracts

Samples: Credit and Security Agreement (Styrochem International Inc), Revolving Credit and Security Agreement (Styrochem International LTD)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowersthe Loan Parties signatory hereto, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower Loan Party may assign or transfer any of its rights or obligations under this Agreement (including, in each case, by way of an LLC Division) without the prior written consent of Agent and each LenderLender and any such assignment or transfer without such prior consent of the Agent and each Lender shall be null and void.

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement and Guaranty (Viant Technology Inc.), Security Agreement (Viant Technology Inc.)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower may assign or transfer any of its rights or obligations under this Agreement (including, in each case, by way of an LLC Division) without the prior written consent of Agent and each Lender.. 161 [PHI Group] Revolving Credit, Term Loan and Security Agreement

Appears in 2 contracts

Samples: Loan and Security Agreement (PHI Group, Inc./De), Loan and Security Agreement (PHI Group, Inc./De)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of BorrowersBorrower, Agent, each Lender, all future holders of the Obligations Note and their respective successors and assigns, except that no Borrower may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 2 contracts

Samples: Security Agreement (Fonda Group Inc), Security Agreement (Fonda Group Inc)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of BorrowersObligors, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower Obligor may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Philipp Brothers Chemicals Inc), Philipp Brothers Chemicals Inc

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of BorrowersBorrower, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no neither Borrower nor any other Loan Party may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Vision-Ease Lens CORP), Loan and Security Agreement (Vision-Ease Lens, Inc.)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Guarantors, Agent, each Lender, Issuer, Swing Loan Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower or Guarantor may assign or transfer any of its rights or obligations under this Agreement (including, in each case, by way of an LLC Division) without the prior written consent of Agent and each Lender.

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Build a Bear Workshop Inc), Revolving Credit and Security Agreement (Build-a-Bear Workshop Inc)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowerseach Borrower, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower Borrowers may not assign or transfer any of its their rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 2 contracts

Samples: Security Agreement (Phosphate Holdings, Inc.), Revolving Credit (Teamstaff Inc)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Administrative Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Administrative Agent and each Lender.

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Comforce Corp), Security Agreement (Comforce Corp)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowersthe Borrower, the Guarantors, the Administrative Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no neither the Borrower nor any Guarantor may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of the Administrative Agent and each Lender.

Appears in 1 contract

Samples: And Security Agreement (McMS Inc /De/)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of BorrowersBorrower, Agent, each Lender, all future holders of the Obligations Note and their respective successors and assigns, except that no the Borrower may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Security Agreement (Centurion Wireless Technologies Inc)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of BorrowersBorrower, Agent, each Lender, all future holders of the Obligations and their respective successors and permitted assigns, except that no Borrower may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Revolving Loan and Security Agreement (Snail, Inc.)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of each of the Borrowers, Agent, each the Lender, all future holders of the Obligations Cap/Ex Note and their respective successors and assigns, except that no Borrower the Borrowers may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Revolving Credit, Term Loan and Security Agreement (Tii Industries Inc)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Agent, Issuer, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Swenson Granite Co LLC)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of the Borrowers, European and U.S. Guarantors, Agent, each Lender, all future holders of the Obligations Lender and their respective successors and assigns, except that no Borrower Borrowers, European and U.S. Guarantor may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each LenderRequired Lenders.

Appears in 1 contract

Samples: Agreement (Styrochem U S Inc)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Agent, each Lender, all future holders of the Secured Obligations and their respective successors and permitted assigns, except that no Borrower may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Security Agreement (Hutchinson Technology Inc)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowersthe Obligors, Agent, each Lender, all future holders of the Obligations Lender and their respective successors and assigns, except that no Borrower Obligor may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each LenderRequired Lenders.

Appears in 1 contract

Samples: Agreement (Styrochem U S Inc)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Agent, each Lender, all future holders of the Obligations and their respective successors and permitted assigns, except that no Borrower may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each LenderLender and any prohibited assignment shall be absolutely void ab initio.

Appears in 1 contract

Samples: Intercreditor Agreement (Empeiria Acquisition Corp)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of BorrowersBorrower, each Guarantor, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no neither Borrower nor any Guarantor may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Term Loan Agreement (Transtexas Gas Corp)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Term Loan and Security Agreement (Allied Motion Technologies Inc)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each LenderLender and no such assignment shall be made to a Loan Party or the Sponsors and their respective Affiliates.

Appears in 1 contract

Samples: Security Agreement (Maxum Petroleum Holdings, Inc.)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of BorrowersBorrower, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Atari Inc)

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Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of BorrowersBorrower, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower may not assign or transfer any of its their rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Security Agreement (Absolute Life Solutions, Inc.)

Successors and Assigns; Participations; New Lenders. (a) a. This Agreement shall be binding upon and inure to the benefit of Borrowers, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Credit and Security Agreement (Compudyne Corp)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of BorrowersBorrower, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no the Borrower may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Johnson Outdoors Inc)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of BorrowersLoan Parties, Collateral Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower Loan Parties may not assign or transfer any of its their rights or obligations under this Agreement without the prior written consent of Collateral Agent and each Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Tb Woods Corp)

Successors and Assigns; Participations; New Lenders. (a) 15.3.1 This Agreement shall be binding upon and inure to the benefit of BorrowersBorrower, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Subordination Agreement (Obsidian Enterprises Inc)

Successors and Assigns; Participations; New Lenders. (ai) This --------------------------------------------------- Agreement shall be binding upon and inure to the benefit of BorrowersBorrower, Agent, each Lender, all future holders of the Obligations Revolving Credit Note and their respective successors and assigns, except that no Borrower may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Credit and Security Agreement (World Wrestling Federation Entertainment Inc)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of the Borrowers, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Security Agreement (Imco Recycling Inc)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Agent, each Lender, Lender all future holders of the Obligations and their respective successors and assigns, except that no Borrower may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Security Agreement (Parlux Fragrances Inc)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of BorrowersBorrower, Agent, each Lender, all future holders of the Obligations Notes and their respective successors and assigns, except that no Borrower may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Credit and Security Agreement (Cold Metal Products Inc)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each LenderAgent.

Appears in 1 contract

Samples: Health Chem Corp

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Agent, Borrower and each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Loan Agreement (McMS Inc /De/)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender. Any assignment made in violation of this Section shall be deemed to be null and void.

Appears in 1 contract

Samples: Credit and Security Agreement (Green Plains Inc.)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no a Borrower may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lenderthe Required Lenders.

Appears in 1 contract

Samples: Loan and Security Agreement (Teletouch Communications Inc)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of the Borrowers, Agent, each the Lender, all future holders of the Obligations Notes and their respective successors and assigns, except that no Borrower the Borrowers may not assign or transfer any of its their rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Credit and Security Agreement (Canisco Resources Inc)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Agent, each Lender, all future holders of the Obligations Note and their respective successors and assigns, except that no Borrower Borrowers may not assign or transfer any of its their rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Revolving Credit Agreement (Claires Stores Inc)

Successors and Assigns; Participations; New Lenders. (a) This a)This Agreement shall be binding upon and inure to the benefit of Borrowerseach Borrower, Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each LenderAgent.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (General Datacomm Industries Inc)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of BorrowersBorrower, Agent, each Lender, all future holders of the Obligations Revolving Credit Note and their respective successors and assigns, except that no Borrower may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Security Agreement (Allstate Financial Corp /Va/)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Agent, each Borrowers and Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Security Agreement (Quality Gold Holdings, Inc.)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of BorrowersBorrower, Agent, each Lender, all future holders of the Obligations Lender and their respective successors and assigns, except that no Borrower may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Security Agreement (Meridian Sports Inc)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, AgentAgents, each Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Administrative Agent and each Lender.

Appears in 1 contract

Samples: Security Agreement (Skullcandy, Inc.)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Agent, each Borrower Term B Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Term B Lender.

Appears in 1 contract

Samples: Term Loan and Security Agreement (Air Industries Group, Inc.)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, the Agent, each Lender, all future holders of the Obligations and their respective successors and assigns, except that (i) no Borrower may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of the Agent and each Lender(ii) no Lender may assign or transfer any of its rights or obligations under this Agreement to a Borrower or a Guarantor or any of their respective Affiliates without the prior written consent of the Agent and the Required Lenders.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Tecumseh Products Co)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of Borrowers, Guarantors, Agent, each Lender, Issuer, Swing Loan Lender, all future holders of the Obligations and their respective successors and assigns, except that no Borrower or Guarantor may assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent and each Lender.

Appears in 1 contract

Samples: Credit and Security Agreement (Finish Line Inc /In/)

Successors and Assigns; Participations; New Lenders. (a) This Agreement shall be binding upon and inure to the benefit of BorrowersBorrower, Agent, each Lender, all future holders of the Obligations Note and their respective successors and assigns, except that no Borrower may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of Agent Lender. Lender shall be entitled to assign or transfer any of its rights and each Lenderobligations hereunder at any time without the consent of Borrower.

Appears in 1 contract

Samples: Credit and Security Agreement (Prima Group International Inc)

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