Common use of Successors; Assigns Clause in Contracts

Successors; Assigns. This Agreement shall be binding upon Grantors, the Lenders and the Administrative Agent and their respective successors and assigns, and shall inure to the benefit of Grantors, Lenders and the Administrative Agent and the successors and assigns of the Lenders and the Administrative Agent. No other Person shall be a direct or indirect legal beneficiary of, or have any direct or indirect cause of action or claim in connection with, this Agreement or any of the other Loan Documents. No Grantor may assign or transfer any of its rights or Obligations under this Agreement without the prior written consent of the Administrative Agent.

Appears in 13 contracts

Samples: Guaranty and Collateral Agreement (Digerati Technologies, Inc.), Guaranty and Collateral Agreement (Westell Technologies Inc), Guaranty and Collateral Agreement (Cpi Corp)

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Successors; Assigns. This Agreement shall be binding upon Grantors, the Lenders and the Administrative Agent and their respective successors and assigns, and shall inure to the benefit of Grantors, Lenders and the Administrative Agent and the successors and assigns of the Lenders and the Administrative Agent. No other Person shall be a direct or indirect legal beneficiary of, or have any direct or indirect cause of action or claim in connection with, this Agreement or any of the other Loan Documents. No Grantor may assign or transfer any of its rights or Obligations under this Agreement without the prior written consent of the Administrative Agent.

Appears in 9 contracts

Samples: Guarantee and Collateral Agreement (Acer Therapeutics Inc.), Guarantee and Collateral Agreement (Acer Therapeutics Inc.), Guarantee and Collateral Agreement (Biotricity Inc.)

Successors; Assigns. This Agreement shall be binding upon the Grantors, the Lenders and the Administrative Agent and their respective successors and assigns, and shall inure to the benefit of the Grantors, the Lenders and the Administrative Agent and the successors and assigns of the Lenders and the Administrative Agent. No other Person shall be a direct or indirect legal beneficiary of, or have any direct or indirect cause of action or claim in connection with, this Agreement or any of the other Loan Documents. No Grantor may assign or transfer any of its rights or Obligations under this Agreement without the prior written consent of the Administrative Agent.

Appears in 2 contracts

Samples: Guaranty and Collateral Agreement (Qumu Corp), Guaranty and Collateral Agreement (Qumu Corp)

Successors; Assigns. This Agreement shall be binding upon Grantors, the Lenders and the Administrative Agent and their respective successors and assigns, and shall inure to the benefit of Grantors, SEI Parties, Lenders and the Administrative Agent and the successors and assigns of the Lenders and the Administrative Agent. No other Person shall be a direct or indirect legal beneficiary of, or have any direct or indirect cause of action or claim in connection with, this Agreement or any of the other Loan Documents. No Grantor or SEI may assign or transfer any of its rights or Obligations under this Agreement without the prior written consent of the Administrative Agent.

Appears in 2 contracts

Samples: Guaranty and Collateral Agreement (Sei Investments Co), Guaranty and Collateral Agreement (Sei Investments Co)

Successors; Assigns. This Agreement shall be binding upon Grantors, the Lenders and the Administrative Agent and their respective successors and assigns, and shall inure to the benefit of Grantors, Lenders and the Administrative Agent and the successors and assigns of the Lenders and the Administrative Agent. No other Person shall be a direct or indirect legal beneficiary of, or have any direct or indirect cause of action or claim in connection with, this Agreement or any of the other Loan Documents. No Grantor may assign or transfer any of its rights or Obligations obligations under this Agreement without the prior written consent of the Administrative Agent.

Appears in 1 contract

Samples: Guaranty and Collateral Agreement (Net Perceptions Inc)

Successors; Assigns. This Agreement shall be binding upon Grantors, the Lenders and the Administrative Agent and their respective successors and assigns, and shall inure to the benefit of the Grantors, the Lenders and the Administrative Agent and the successors and assigns of the Lenders and the Administrative Agent. No other Person shall be a direct or indirect legal beneficiary of, or have any direct or indirect cause of action or claim in connection with, this Agreement or any of the other Loan Documents. No Grantor may assign or transfer any of its rights or Obligations under this Agreement without the prior written consent of the Administrative Agent.

Appears in 1 contract

Samples: Guaranty and Collateral Agreement (Kanbay International Inc)

Successors; Assigns. This Agreement shall be binding upon Grantors, the Lenders and the Administrative Agent and their respective successors and assigns, and shall inure to the benefit of Grantors, Lenders and the Administrative Agent and the successors and assigns of the Lenders and the Administrative Agent. No other Person shall be a direct or indirect legal beneficiary of, or have any direct or indirect cause of action or claim in connection with, this Agreement or any of the other Loan Documents. No Grantor may assign or transfer any of its rights or Obligations under this Agreement without the prior written consent of the Administrative AgentAgent and each Lender (and any attempted such assignment or transfer without such consent shall be null and void).

Appears in 1 contract

Samples: Guaranty and Collateral Agreement (Uti Worldwide Inc)

Successors; Assigns. This Agreement shall be binding upon Grantors, the Lenders and the Administrative Agent and their respective successors and assigns, and shall inure to the benefit of Grantors, Lenders and the Administrative Agent and the successors and assigns of the Lenders and the Administrative Agent. No other Person shall be a direct or indirect legal beneficiary of, or have any direct or indirect cause of action or claim in connection with, this Agreement or any of the other Loan Financing Documents. No Grantor may assign or transfer any of its rights or Obligations obligations under this Agreement without the prior written consent of the Administrative Agent.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Multiband Corp)

Successors; Assigns. This Agreement shall be binding upon GrantorsGuarantors, the Lenders and the Administrative Agent and their respective successors and assigns, and shall inure to the benefit of GrantorsGuarantors, Lenders and the Administrative Agent and the successors and assigns of the Lenders and the Administrative Agent. No other Person shall be a direct or indirect legal beneficiary of, or have any direct or indirect cause of action or claim in connection with, this Agreement or any of the other Loan Documents. No Grantor Guarantor may assign or transfer any of its rights or Obligations under this Agreement without the prior written consent of the Administrative Agent.

Appears in 1 contract

Samples: Guaranty Agreement (Huron Consulting Group Inc.)

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Successors; Assigns. This Agreement shall be binding upon Grantors, the Lenders and the Administrative Agent and their respective successors and assigns, and shall inure to the benefit of Grantors, Lenders and the Administrative Agent and the successors and assigns of the Lenders and the Administrative Agent. No other Person shall be a direct or indirect legal beneficiary of, or have any direct or indirect cause of action or claim in connection with, this Agreement or any of the other Loan Documents. No Grantor may assign or transfer any of its rights or Obligations under this Agreement without the prior written consent of the Administrative Agent.

Appears in 1 contract

Samples: Security Agreement (McBc Holdings, Inc.)

Successors; Assigns. This Agreement shall be binding upon Grantors, the Lenders Grantors and the Administrative Agent and their respective successors and assigns, and shall inure to the benefit of Grantors, Lenders and the Administrative Agent and the successors and assigns of the Lenders and the Administrative Agent. No other Person shall be a direct or indirect legal beneficiary of, or have any direct or indirect cause of action or claim in connection with, this Agreement or any of the other Loan Documents. No Grantor may assign or transfer any of its rights or Obligations under this Agreement without the prior written consent of the Administrative Agent.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Volt Information Sciences, Inc.)

Successors; Assigns. This Agreement shall be binding upon the Grantors, the Lenders and the Administrative Collateral Agent and their respective successors and assigns, and shall inure to the benefit of the Grantors, Lenders and the Administrative Collateral Agent and the permitted successors and assigns of the Lenders and the Administrative Collateral Agent. No other Person shall be a direct or indirect legal beneficiary of, or have any direct or indirect cause of action or claim in connection with, this Agreement or any of the other Loan DocumentsRelated Agreements. No Grantor may assign or transfer any of its rights or Obligations obligations under this Agreement without the prior written consent of the Administrative Collateral Agent.

Appears in 1 contract

Samples: Second Lien Collateral Agreement (MxEnergy Holdings Inc)

Successors; Assigns. This Agreement shall be binding upon the Grantors, the Lenders and the Administrative Collateral Agent and their respective successors and assigns, and shall inure to the benefit of the Grantors, Lenders and the Administrative Collateral Agent and the permitted successors and assigns of the Lenders and the Administrative Collateral Agent. No other Person shall be a direct or indirect legal beneficiary of, or have any direct or indirect cause of action or claim in connection with, this Agreement or any of the other Loan Note Documents. No Grantor may assign or transfer any of its rights or Obligations obligations under this Agreement without the prior written consent of the Administrative Collateral Agent.

Appears in 1 contract

Samples: Collateral Agreement (Capital Trust Inc)

Successors; Assigns. This Agreement shall be binding upon Grantors, the Lenders and the Administrative Agent and their respective successors and assigns, and shall inure to the benefit of Grantors, Lenders and the Administrative Agent and the successors and permitted assigns of the Lenders and the Administrative Agent. No other Person shall be a direct or indirect legal beneficiary of, or have any direct or indirect cause of action or claim in connection with, this Agreement or any of the other Loan Documents. No Grantor may assign or transfer any of its rights or Obligations under this Agreement without the prior written consent of the Administrative Agent.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Material Sciences Corp)

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