Common use of Binding Effect; Participations Clause in Contracts

Binding Effect; Participations. (a) This Agreement shall be binding upon and inure to the benefit of the Borrower and the Liquidity Provider and their respective successors and assigns, except that neither the Liquidity Provider (except as otherwise provided in this Section 7.08) nor (except as contemplated by Section 3.

Appears in 61 contracts

Sources: Revolving Credit Agreement (Northwest Airlines Inc /Mn), Revolving Credit Agreement (America West Airlines Inc), Revolving Credit Agreement (Continental Airlines Inc /De/)

Binding Effect; Participations. (a) This Agreement shall be binding upon and inure to the benefit of the Borrower and the Liquidity Provider and their respective successors and permitted assigns, except that neither the Liquidity Provider (except as otherwise provided in this Section 7.08) nor (except as contemplated by Section 3.

Appears in 12 contracts

Sources: Revolving Credit Agreement (Delta Air Lines Inc /De/), Revolving Credit Agreement (Delta Air Lines Inc /De/), Revolving Credit Agreement (Delta Air Lines Inc /De/)

Binding Effect; Participations. (a) This Agreement shall be binding upon and inure to the benefit of the Borrower and the Primary Liquidity Provider and their respective successors and assigns, except that neither the Primary Liquidity Provider (except as otherwise provided in this Section 7.08) nor (except as contemplated by Section 3.

Appears in 6 contracts

Sources: Revolving Credit Agreement (Jetblue Airways Corp), Revolving Credit Agreement (Continental Airlines Inc /De/), Revolving Credit Agreement (Northwest Airlines Inc /Mn)

Binding Effect; Participations. (a) This Agreement shall be binding upon and inure to the benefit of the Borrower and the Liquidity Provider and their respective successors and assigns, except that neither the Liquidity Provider (except as otherwise provided in this Section 7.08) nor (except as contemplated by Section 3.the

Appears in 1 contract

Sources: Revolving Credit Agreement (Continental Airlines Inc /De/)

Binding Effect; Participations. (a) This Agreement shall be binding upon and inure to the benefit of the Borrower and the Liquidity Provider and their respective successors and assigns, except that neither the Liquidity Provider (except as otherwise provided in this Section 7.08) nor the Borrower (except as contemplated by Section 3.3.08) shall have the right to assign its rights or

Appears in 1 contract

Sources: Revolving Credit Agreement (America West Airlines Inc)

Binding Effect; Participations. (a) This Agreement shall be binding upon and inure to the benefit of the Borrower and the Primary Liquidity Provider and their respective successors and permitted assigns, except that neither the Primary Liquidity Provider (except as otherwise provided in this Section 7.08) nor (except as contemplated by Section 3.

Appears in 1 contract

Sources: Revolving Credit Agreement (Delta Air Lines Inc /De/)