Common use of Assigns and Transferees Clause in Contracts

Assigns and Transferees. This Agreement shall be binding upon the Parties and their respective successors in law. The Administrative Agent shall be entitled to assign or otherwise transfer any and all of its rights and duties under this Agreement to any third party in accordance with the Credit Agreement. None of the Transferors shall be entitled to any such assignment or transfer other than pursuant to a transaction permitted by the Credit Agreement. 27.

Appears in 1 contract

Sources: Security Transfer Agreement (Avaya Inc)

Assigns and Transferees. This Agreement shall be binding upon the Parties and their respective successors in law. The Administrative Agent shall be entitled to assign or otherwise transfer any and all of its rights and duties under this Agreement to any third party in accordance with the Credit Agreement. None of the Transferors Assignors shall be entitled to any such assignment or transfer other than pursuant to a transaction permitted by the Credit Agreement. 2725.

Appears in 1 contract

Sources: Global Assignment Agreement (Avaya Inc)