Common use of Benefit of Agreement Assignments and Participations Clause in Contracts

Benefit of Agreement Assignments and Participations. Except as otherwise expressly provided herein, all covenants, agreements and other provisions contained in this Agreement by or on behalf of any of the parties hereto shall bind, inure to the benefit of and be enforceable by their respective successors and assigns (including, without limitation, any subsequent holder of an Asset) whether so expressed or not; provided, however, that the Company may not assign and transfer any of its rights or obligations without the prior written consent of the other parties hereto and each such subsequent holder. Except as provided in Section 8.02, nothing in this Agreement or in the Assets, express or implied, shall give to any Person other than the parties hereto, their successors and assigns and the holders from time to time of the Assets any benefit or any legal or equitable right, remedy or claim under this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (FreightCar America, Inc.)

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Benefit of Agreement Assignments and Participations. Except as otherwise expressly provided herein, all covenants, agreements and other provisions contained in this Agreement by or on behalf of any of the parties hereto shall bind, inure to the benefit of and be enforceable by their respective successors and permitted assigns (including, without limitation, any subsequent permitted holder of an Asseta Note) whether so expressed or not; provided, however, that the Company may not assign and transfer any of its rights or obligations without the prior written consent of the other parties hereto and each such subsequent holder. Except as provided in Section 8.02, nothing Nothing in this Agreement or in the AssetsNotes, express or implied, shall give to any Person other than the parties heretohereto (and, with respect to Section 14 only, the holders of Senior 100 Indebtedness), their successors and permitted assigns and the holders from time to time of the Assets Notes any benefit or any legal or equitable right, remedy or claim under this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Pca International Inc)

Benefit of Agreement Assignments and Participations. Except as otherwise expressly provided herein, all covenants, agreements and other provisions contained in this Agreement by or on behalf of any of the parties hereto shall bind, inure to the benefit of and be enforceable by their respective successors and assigns (including, without limitation, any subsequent holder of an Asseta Security) whether so expressed or not; provided, however, that the Company Issuers may not assign and or transfer any of its their rights or obligations without the prior written consent of the other parties hereto and each such subsequent holder. Except as provided in Section 8.02, nothing Nothing in this Agreement or in the AssetsSecurities, express or implied, shall give to any Person other than the parties hereto, their successors and assigns and the holders from time to time of the Assets Securities any benefit or any legal or equitable right, remedy or claim under this Agreement.

Appears in 1 contract

Samples: Purchase and Security Agreement (Brown Jordan International Inc)

Benefit of Agreement Assignments and Participations. Except as otherwise expressly provided herein, all covenants, agreements and other provisions contained in this Agreement by or on behalf of any of the parties hereto shall bind, inure to the benefit of and be enforceable by their respective successors and registered assigns (including, without limitation, any subsequent holder of an Asseta Purchased Security) whether so expressed or not; providedPROVIDED, howeverHOWEVER, that the Company may not assign and transfer any of its rights or obligations without the prior written consent of the other parties hereto and each such subsequent holder. Except as provided in Section 8.02, nothing Nothing in this Agreement or in the AssetsSecurities, express or implied, shall give to any Person other than the parties hereto, their successors and assigns and the holders from time to time of the Assets Securities any benefit or any legal or equitable right, remedy or claim under this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Terremark Worldwide Inc)

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Benefit of Agreement Assignments and Participations. Except as otherwise expressly provided herein, all covenants, agreements and other provisions contained in this Agreement by or on behalf of any of the parties hereto shall bind, inure to the benefit of and be enforceable by their respective successors and assigns (including, without limitation, any subsequent holder of an Asseta Security) whether so expressed or not; provided, however, that the Company may not assign and transfer any of its rights or obligations without the prior written consent of the other parties hereto and each such subsequent holder. Except as provided in Section 8.02, nothing Nothing in this Agreement or in the AssetsSecurities, express or implied, shall give to any Person other than the parties hereto, their successors and assigns and the holders from time to time of the Assets Securities any benefit or any legal or equitable right, remedy or claim under this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (FCA Acquisition Corp.)

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