Common use of Successors and Assigns Participations Clause in Contracts

Successors and Assigns Participations. (a) Each Loan Paper binds and inures to the benefit of the parties thereto, any intended beneficiary thereof, and each of their respective successors and permitted assigns. No Lender may transfer, pledge, assign, sell any participation in, or otherwise encumber its portion of the Obligation except as permitted by this Section 14.12.

Appears in 3 contracts

Samples: Credit Agreement (Monro, Inc.), Credit Agreement (Monro Muffler Brake Inc), Credit Agreement (Monro Muffler Brake Inc)

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Successors and Assigns Participations. (a) Each Loan Paper Document binds and inures to the benefit of the parties thereto, any intended beneficiary thereof, and each of their respective successors and permitted assigns. No Lender may may, without the prior written consent of Administrative Agent and, so long as no Default has occurred and is continuing, Borrower, transfer, pledge, assign, sell any participation in, or otherwise encumber its portion of the Obligation Obligation, except as specifically permitted by this Section 14.1213.11.

Appears in 2 contracts

Samples: Credit Agreement (Prologis Trust), Credit Agreement (Prologis Trust)

Successors and Assigns Participations. (a) a. Each Loan Paper binds and inures to the benefit of the parties thereto, any intended beneficiary thereof, and each of their respective successors and permitted assigns. No Lender may transfer, pledge, assign, sell any participation in, or otherwise encumber its portion of the Obligation except as permitted by this Section 14.12SECTION 12.14.

Appears in 2 contracts

Samples: Credit Agreement (Pool Energy Services Co), Loan Agreement (Pool Energy Services Co)

Successors and Assigns Participations. (ai) Each Loan Paper binds and inures to the benefit of the parties thereto, any intended beneficiary thereof, and each of their respective successors and permitted assigns. No Lender may transfer, pledge, assign, sell any participation in, or otherwise encumber its portion of the Obligation except as permitted by this Section SECTION 14.12.

Appears in 1 contract

Samples: Credit Agreement (Monro Muffler Brake Inc)

Successors and Assigns Participations. (a) Each The Loan Paper binds Papers bind and inures inure to the benefit of the parties thereto, any intended beneficiary thereof, and each of their respective successors and permitted assigns. No Lender may transfer, pledge, assign, sell any participation in, or otherwise encumber its portion of the Obligation except as permitted by this Section 14.12.

Appears in 1 contract

Samples: Credit Agreement (Morningstar Group Inc)

Successors and Assigns Participations. (a) Each Loan Paper Document binds and inures to the benefit of the parties thereto, any intended beneficiary thereof, and each of their respective successors and permitted assigns. No Lender may transfer, pledge, assign, sell any participation in, or otherwise encumber its portion of the Obligation Obligation, except as permitted by this Section 14.12Section.

Appears in 1 contract

Samples: Credit Agreement (Prentiss Properties Trust/Md)

Successors and Assigns Participations. (a) Each Loan Paper Document binds and inures to the benefit of the parties thereto, any intended beneficiary thereof, and each of their respective successors and permitted assigns. No Lender may may, without the prior written consent of Administrative Agent and, so long as no Default has occurred and is continuing, Borrowers, transfer, pledge, assign, sell any participation in, or otherwise encumber its portion of the Obligation Obligation, except as specifically permitted by this Section 14.1214.11.

Appears in 1 contract

Samples: Credit Agreement (Prologis Trust)

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Successors and Assigns Participations. (a) Each Loan Paper Document binds and inures to the benefit of the parties thereto, any intended beneficiary thereof, and each of their respective successors and permitted assigns. No Lender may transfer, pledge, assign, sell any participation in, or otherwise encumber its portion of the Obligation Obligation, except as permitted by this Section 14.1213.11.

Appears in 1 contract

Samples: Credit Agreement (Prentiss Properties Trust/Md)

Successors and Assigns Participations. (a) Each Loan Paper binds and inures to the benefit of the parties thereto, any intended beneficiary thereof, and each of their respective successors and permitted assigns. No Lender may transfer, pledge, assign, sell any participation in, or otherwise encumber its portion of the Obligation except as permitted by this Section SECTION 14.12.

Appears in 1 contract

Samples: Credit Agreement (Monro Muffler Brake Inc)

Successors and Assigns Participations. (a) Each Loan Paper Document binds and inures to the benefit of the parties thereto, any intended beneficiary thereof, and each of their respective successors and permitted assigns. No Lender may may, without the prior written consent of Agent and, so long as no Default has occurred and is continuing, Borrower, transfer, pledge, assign, sell any participation in, or otherwise encumber its portion of the Obligation Obligation, except as specifically permitted by this Section 14.1213.11.

Appears in 1 contract

Samples: Credit Agreement (Security Capital Industrial Trust)

Successors and Assigns Participations. (a) Each Loan Paper Document binds and inures to the benefit of the parties thereto, any intended beneficiary thereof, and each of their respective successors and permitted assigns. No Lender may transfer, pledge, assign, sell any participation in, or otherwise encumber its portion of the Obligation Obligation, except as permitted by this Section 14.1213.4.

Appears in 1 contract

Samples: Credit Agreement (Prentiss Properties Trust/Md)

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