Common use of Successors and Assigns; Transfers Clause in Contracts

Successors and Assigns; Transfers. This Agreement shall be binding upon and inure to the benefit of each of the parties and their respective successors and assigns. The Forbearing Holders may transfer all or any of their Forbearing Notes at any time during the Forbearance Period provided that such transferee shall agree in writing, as a condition to such transfer, to be bound by all of the provisions of this Agreement (any such transferee taking Forbearing Notes pursuant to the foregoing shall be considered Forbearing Holders as if they had been original signatories to this Agreement).

Appears in 1 contract

Samples: Form of Forbearance Agreement (Vitesse Semiconductor Corp)

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Successors and Assigns; Transfers. This Agreement shall be binding upon and inure to the benefit of each of the parties and their respective successors and assigns. The Forbearing Holders may transfer all or any of their Forbearing Notes at any time during the Forbearance Period provided that such transferee shall agree in writingwriting with the Company, as a condition to such transfer, to be bound by all of the provisions of this Agreement (any such transferee taking Forbearing Notes pursuant to the foregoing shall be considered Forbearing Holders as if they had been original signatories to this Agreement).

Appears in 1 contract

Samples: Forbearance Agreement (Vitesse Semiconductor Corp)

Successors and Assigns; Transfers. This Agreement shall be binding upon and inure to the benefit of each of the parties and their respective successors and assigns. The Forbearing Holders may transfer all or any of their Forbearing Notes at any time during the Forbearance Period Period; provided that such transferee shall must agree in writingwriting with the Issuers, as a condition to such transfer, to be bound by all of the provisions of this Agreement (any Agreement. Any such transferee taking Forbearing Notes pursuant to the foregoing shall be considered a Forbearing Holders Holder as if they it had been an original signatories signatory to this Agreement).. LEGAL_US_W # 86395767.9

Appears in 1 contract

Samples: Forbearance Agreement (Titan Energy, LLC)

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Successors and Assigns; Transfers. This Agreement shall be binding upon and inure to the benefit of each of the parties and their respective successors and assigns. The Forbearing Holders may transfer all or any of their Forbearing Notes at any time during the Forbearance Period provided that such transferee shall agree in writingwriting with the Company, as a condition to such transfer, to be bound by all of the provisions of this Agreement (any such transferee taking Forbearing Notes pursuant to the foregoing shall be considered Forbearing Holders as if they had been original signatories to this Agreement).

Appears in 1 contract

Samples: Forbearance Agreement (Vitesse Semiconductor Corp)

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