Common use of Successors and Assigns Participations Clause in Contracts

Successors and Assigns Participations. (a) This Agreement shall be binding upon and inure to the benefit of the Company, the Lenders, the Administrative Agent, all future holders of the Notes and their respective successors and assigns, except that the Company may not assign or transfer any of its rights or obligations under this Agreement or any other Loan Document without the prior written consent of each Lender and any such assignment without such consent shall be null and void.

Appears in 3 contracts

Samples: Credit Agreement (Hain Celestial Group Inc), Pledge Agreement (Hain Celestial Group Inc), Credit Agreement (Hain Celestial Group Inc)

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Successors and Assigns Participations. (a) This Agreement shall be binding upon and inure to the benefit of the Company, the Lenders, the Administrative Agent, all future holders of the Notes and their respective successors and assigns, except that the Company may not assign or transfer any of its rights or obligations under this Agreement or any other Loan Document without the prior written consent of each Lender (and any such assignment or transfer without such consent shall be null and void).

Appears in 3 contracts

Samples: Credit Agreement (Veeco Instruments Inc), Credit Agreement (Veeco Instruments Inc), Credit Agreement (Veeco Instruments Inc)

Successors and Assigns Participations. (a) This Agreement shall be binding upon and inure to the benefit of the Company, the Lenders, the Administrative Agent, all future holders of the Notes and their respective successors and assigns, except that the Company may not assign or transfer any of its rights or obligations under this Agreement or any other Loan Document without the prior written consent of each Lender and any such assignment without such consent shall be null and voidLender.

Appears in 3 contracts

Samples: Credit Agreement (Lexent Inc), Credit Agreement (Pall Corp), Credit Agreement (Pall Corp)

Successors and Assigns Participations. (a1) This Agreement shall be binding upon and inure to the benefit of the Companyeach Borrower, the Lenders, the Administrative Agent, all future holders of the Notes Notes, and their respective successors and assigns, except that the Company no Borrower may not assign or transfer any of its rights or obligations under this Agreement or any other Loan Document without the prior written consent of each Lender Lender, and any such attempted assignment without such consent or transfer by any Borrower except in strict compliance with the provisions hereof shall be null and void, and of no force or effect.

Appears in 3 contracts

Samples: Loan and Security Agreement (Trism Inc /De/), Loan and Security Agreement (Trism Inc /De/), Loan and Security Agreement (Trism Inc /De/)

Successors and Assigns Participations. (a) This Agreement shall be binding upon and inure to the benefit of the Company, the Lenders, the Administrative AgentLender, all future holders of the Notes and their respective successors and assigns, except that the Company may not assign or transfer any of its rights or obligations under this Agreement or any other Loan Document without the prior written consent of each Lender and any such assignment without such consent shall be null and voidthe Lender.

Appears in 3 contracts

Samples: Credit Agreement (Global Payment Technologies Inc), Credit Agreement (Global Payment Technologies Inc), Pledge Agreement (1 800 Flowers Com Inc)

Successors and Assigns Participations. (a) This Agreement shall be binding upon and inure to the benefit of the Company, the Lenders, the Administrative Agent, all future holders of the Notes and their respective successors and assigns, except that (i) the Company may not assign or transfer any of its their rights or obligations under this Agreement or any other Loan Document without the prior written consent of each Lender and any such assignment without such consent shall be null and void(ii) no Lender may assign or otherwise transfer its rights or obligations hereunder except in accordance with this Section.

Appears in 2 contracts

Samples: Credit Agreement (Medical Action Industries Inc), Credit Agreement (Medical Action Industries Inc)

Successors and Assigns Participations. (a) This Agreement shall be binding upon and inure to the benefit of the Company, the Lenders, the Administrative Agent, all future holders of the Notes and their respective successors and assigns, except that the Company may not assign or transfer any of its rights or obligations Obligations under this Agreement or any other Loan Document without the prior written consent of each Lender and any such assignment without such consent shall be null and voidLender.

Appears in 2 contracts

Samples: Credit Agreement (Comtech Telecommunications Corp /De/), Credit Agreement (Comtech Telecommunications Corp /De/)

Successors and Assigns Participations. (a) This Agreement shall be binding upon and inure to the benefit of the CompanyCompanies, the Lenders, the Administrative AgentLender, all future holders of the Notes Note and their respective successors and assigns, except that the no Company may not assign or transfer any of its rights or obligations under this Agreement or any other Loan Document without the prior written consent of each Lender and any such assignment without such consent shall be null and voidthe Lender.

Appears in 2 contracts

Samples: Credit Agreement (Aceto Corp), Credit Agreement (Eon Labs Inc)

Successors and Assigns Participations. (a) This Agreement shall be binding upon and inure to the benefit of the Company, the Lenders, the Administrative Agent, all future holders of the Notes and their respective successors and assigns, except that the Company may not assign or transfer any of its their rights or obligations under this Agreement or any other Loan Document without the prior written consent of each Lender and any such assignment without such consent shall be null and voidLender.

Appears in 2 contracts

Samples: Credit Agreement (Medical Action Industries Inc), Credit Agreement (Medical Action Industries Inc)

Successors and Assigns Participations. (a) This The provisions of this Agreement shall be binding upon and inure to the benefit of the Company, the Lenders, the Administrative Agent, all future holders of the Notes parties hereto and their respective successors and assignsassigns permitted hereby, except that the Company may not assign or otherwise transfer any of its rights or obligations under this Agreement or any other Loan Document hereunder without the prior written consent of each Lender (and any such attempted assignment or transfer by the Company without such consent shall be null and void.). Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the parties

Appears in 1 contract

Samples: Commitment Agreement (Medcath Corp)

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Successors and Assigns Participations. (a) This Agreement shall be binding upon and inure to the benefit of the Company, the Lenders, the Administrative Agent, all future holders of the Notes and their respective successors and assigns, except that the Company may not assign or transfer any of its rights or obligations under this Agreement or any other Loan Document without the prior written consent of each Lender. Assignments by any Lender of its rights and any such assignment without such consent shall obligations hereunder may be null and voideither in whole or in part.

Appears in 1 contract

Samples: Credit Agreement (Polo Ralph Lauren Corp)

Successors and Assigns Participations. (a) This Agreement shall be binding upon and inure to the benefit of the Company, the Lenders, the Administrative AgentAgents, all future holders of the Notes and their respective successors and assigns, except that the Company may not assign or transfer any of its rights or obligations under this Agreement or any other Loan Document without the prior written consent of each Lender Lender, and any such attempted assignment or transfer without such consent shall be null and void.

Appears in 1 contract

Samples: Credit Agreement (Lexent Inc)

Successors and Assigns Participations. (a) This Agreement shall be binding upon and inure to the benefit of the Company, the Lenders, the Administrative Agent, all future holders of the Notes Agent and their respective successors and assigns, except that the Company may not assign or transfer any of its rights or obligations under this Agreement or any other Loan Document without the prior written consent of each Lender and any such assignment without such consent shall be null and voidLender.

Appears in 1 contract

Samples: Agreement (Family Golf Centers Inc)

Successors and Assigns Participations. (a) This Agreement shall be binding upon and inure to the benefit of the Company, the Lenders, the Administrative AgentLender, all future holders of the Notes and their respective successors and assigns, except that the no Company may not assign or transfer any of its their rights or obligations under this Agreement or any other Loan Document without the prior written consent of each Lender and any such assignment without such consent shall be null and voidthe Lender.

Appears in 1 contract

Samples: Credit Agreement (Coactive Marketing Group Inc)

Successors and Assigns Participations. (a) This Agreement shall be binding upon and inure to the benefit of the Company, the Lenders, the Administrative AgentLender, all future holders of the Notes Note and their respective successors and assigns, except that the no Company may not assign or transfer any of its rights or obligations under this Agreement or any other Loan Document without the prior written consent of each Lender and any such assignment without such consent shall be null and voidthe Lender.

Appears in 1 contract

Samples: Credit Agreement (Coactive Marketing Group Inc)

Successors and Assigns Participations. (a) This Agreement shall be binding upon and inure to the benefit of the Company, the Lenders, the Administrative AgentBank, all future holders of the Notes Note and their respective successors and assigns, except that the Company may not assign or transfer any of its rights or obligations under this Agreement or any other Loan Document without the prior written consent of each Lender and any such assignment without such consent shall be null and voidthe Bank.

Appears in 1 contract

Samples: Credit Agreement (Vasomedical Inc)

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