Common use of Successors and Assigns Participations Clause in Contracts

Successors and Assigns Participations. (a) Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of the Borrowers, the Agent, the Floor Plan Agent or the Lenders that are contained in this Agreement shall bind and inure to the benefit of their respective successors and assigns. Except as permitted by Section 10.3, no Borrower may assign or transfer any of its rights or Obligations hereunder without the prior written consent of all the Lenders.

Appears in 11 contracts

Samples: Revolving Credit Agreement (Group 1 Automotive Inc), Revolving Credit Agreement (Group 1 Automotive Inc), Revolving Credit Agreement (Group 1 Automotive Inc)

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Successors and Assigns Participations. (a) Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of the Borrowers, the Agent, the Floor Plan Agent Borrowers or the Lenders that are contained in this Agreement shall bind and inure to the benefit of their respective successors and assigns. Except as permitted by Section 10.3, no Neither Borrower may assign or transfer any of its rights or Obligations obligations hereunder without the prior written consent of all the Lenders.

Appears in 3 contracts

Samples: Credit Agreement (Northwestern Steel & Wire Co), Credit Agreement (Northwestern Steel & Wire Co), Credit Agreement (Northwestern Steel & Wire Co)

Successors and Assigns Participations. (a) Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; party (provided, that no Borrower shall have the right to assign its rights or obligations hereunder or any interest therein without the prior written consent of all the Lenders), and all covenants, promises and agreements by or on behalf of the Borrowers, the Agent, the Floor Plan Agent or the Lenders that Borrowers which are contained in this Agreement shall bind and inure to the benefit of their respective the successors and assigns. Except as permitted by Section 10.3, no Borrower may assign or transfer any assigns of its rights or Obligations hereunder without the prior written consent of all the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Xerox Credit Corp), Credit Agreement (Xerox Corp)

Successors and Assigns Participations. (a) Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and permitted assigns of such party; and all covenants, promises and agreements by or on behalf of the Borrowers, the Agent, the Floor Plan Agent Agents or the Lenders Banks that are contained in this Agreement shall bind and inure to the benefit of their respective successors and permitted assigns. Except as permitted by expressly provided in Section 10.35.05, no Borrower may assign or transfer any of its rights or Obligations obligations hereunder without the prior written consent of all the LendersBanks.

Appears in 1 contract

Samples: Revolving Credit Agreement (Browning Ferris Industries Inc)

Successors and Assigns Participations. (a) Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of the BorrowersBorrower, the Agent, the Floor Plan Agent or the Lenders that are contained in this Agreement shall bind and inure to the benefit of their respective successors and assigns. Except as permitted by Section 10.36.3, no the Borrower may not assign or transfer any of its rights or Obligations hereunder without the prior written consent of all the Lenders.

Appears in 1 contract

Samples: Guaranty Agreement (Asbury Automotive Group Inc)

Successors and Assigns Participations. (a) Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenantsprovided, promises and agreements by or on behalf however, that neither the Borrower nor any of the Borrowers, the Agent, the Floor Plan Agent or the Lenders that are contained in this Agreement Guarantors shall bind and inure to the benefit of their respective successors and assigns. Except as permitted by Section 10.3, no Borrower may assign or transfer any of its rights or Obligations obligations hereunder or under any Note without the prior written consent of all of the LendersLenders and the Agent.

Appears in 1 contract

Samples: Credit Agreement (Crown Castle International Corp)

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Successors and Assigns Participations. (a) Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenants, promises and agreements by or on behalf of the BorrowersBorrower or any other Loan Party, the Agent, the Floor Plan Agent or the Lenders Lenders, that are contained in this Agreement shall bind and inure to the benefit of their respective successors and assigns. Except as permitted by Section 10.3, no The Borrower may not assign or transfer any of its rights or Obligations obligations hereunder without the prior written consent of all the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Pegasus Investors L P)

Successors and Assigns Participations. (a) Whenever in this Credit Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and permitted assigns of such party; and all covenants, promises and agreements by or on behalf of the BorrowersBorrower, the Administrative Agent, the Floor Plan Agent Issuing Lender or the Lenders that are contained in this Credit Agreement shall bind and inure to the benefit of their respective successors and permitted assigns. Except as permitted by Section 10.3, no Borrower may not assign or transfer any of its rights or Obligations obligations hereunder without the prior written consent of all of the Lenders.

Appears in 1 contract

Samples: Revolving Credit Agreement (Barrett Resources Corp)

Successors and Assigns Participations. (a) Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the successors and assigns of such party; and all covenantsprovided, promises and agreements by or on behalf of however, that neither the Borrowers, Parent nor the Agent, the Floor Plan Agent or the Lenders that are contained in this Agreement shall bind and inure to the benefit of their respective successors and assigns. Except as permitted by Section 10.3, no Borrower may assign or transfer any of its rights or Obligations obligations hereunder or under the Notes without the prior written consent of all of the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Entercom Communications Corp)

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