Successor and Assign definition

Successor and Assign means, with respect to the Bank, a corporation or other entity acquiring all or substantially all the equity securities or assets and business of the Bank., as the case may be (including this Agreement), whether by operation of law or otherwise.
Successor and Assign means, with respect to FIB or Bank, a corporation or other entity acquiring all or substantially all the equity securities or assets and business of the Bank or FIB, as the case may be (including this Agreement), whether by operation of law or otherwise.

Examples of Successor and Assign in a sentence

  • Notwithstanding the foregoing, in the event Buyers assign this Agreement to a Permitted Successor and Assign (other than an Affiliate of Buyers), the indemnification obligations of Sellers set forth in Section 8.1(a)(vi) of this Agreement shall not be assignable to or inure to the benefit of such Permitted Successor and Assign, but shall continue to inure to the benefit of and be enforceable against Sellers by Buyers notwithstanding the assignment of this Agreement to such Permitted Successor and Assign.

  • By: Name: Title:]1 1 Issuer consent required if Assignee is not a Permitted Successor and Assign.

  • No permitted assignment or subletting by Lessee shall be effective until there has been delivered to Owner a fully executed counterpart of the assignment or sublease which expressly provides that the Permitted Successor and Assign will comply with all of the provisions of this Agreement, and Owner may enforce this Agreement directly against such Permitted Successor and Assign.

  • The City hereby approves DD&B, an affiliate of DD&B or a newly formed entity controlled and/or managed by DD&B or ▇▇▇▇▇▇ ▇▇▇▇▇ (“DD&B Entity”) as a Designated Successor and Assign of Developer solely with respect to the LESC-2 Parcel, should DD&B or a DD&B Entity become the fee simple owner of the LESC-2 Parcel on or before December 31, 2022 (“Acquisition Deadline”).

  • Each Director, Member, Agent, Employee, Successor, and assign of Company shall be jointly and severally liable with Company for any debit effectuated under the Card issued to the respective Director, Member, Agent, Employee, Successor, and Assign of Company, whether authorized or unauthorized, and whether arising from lost or stolen Cards.

  • The leasehold interest, easements and the other rights of Lessee hereunder shall inure to the benefit of Lessee and its successors, assigns, permittees, licensees, and sublessees permitted hereunder (each, a "Permitted Successor and Assign" and collectively, "Permitted Successors and Assigns").

  • Developer shall not assign the obligation to make the Escrow Deposits or to construct the Improvements to a Designated Successor and Assign without the prior written consent of the City, which consent may be withheld in the City’s sole and absolute discretion unless the assignee is a Qualified Assignee (defined herein).

  • Permitted Successor and Assign means (a) to the extent the VLN Termination Date has occurred, with respect to any Purchaser, such Person’s successors and assigns and (b) to the extent the VLN Termination Date has not occurred, with respect to any Purchaser, a managed fund, Affiliate, financing party or investment vehicle of, Francisco Partners or an Approved Fund of Francisco Partners.