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

Benefit of Agreement Assignments and Participations. (a) This Agreement shall be binding upon and inure to the benefit of and be enforceable by the respective successors and assigns of the parties hereto; provided, however, no Obligor may assign or transfer any of its rights, obligations or interest hereunder or under any other Credit Document without the prior written consent of each Bank.

Benefit of Agreement Assignments and Participations. (a) This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors and assigns of the parties heretoassigns; provided, however, that (except as permitted under Section 8.3) no Obligor may assign or transfer any of its rights, obligations rights or interest Obligations hereunder or under any other Credit Document without the prior written consent of each Bank.