Common use of Binding on Successors, Transferees and Assigns; Assignment Clause in Contracts

Binding on Successors, Transferees and Assigns; Assignment. This Security Agreement shall remain in full force and effect until the Termination Date has occurred, shall be binding upon each Grantor and its successors, transferees and permitted assigns and, subject to the limitations set forth in the Credit Agreement, shall inure to the benefit of and be enforceable by each Secured Party and its successors, transferees and permitted assigns; provided that, no Grantor shall assign any of its obligations hereunder (unless otherwise permitted under the terms of the Credit Agreement or this Security Agreement).

Appears in 4 contracts

Sources: Intercreditor Agreement, Intercreditor Agreement (Penn Virginia Corp), Pledge and Security Agreement (Penn Virginia Corp)

Binding on Successors, Transferees and Assigns; Assignment. This Security Agreement shall remain in full force and effect until the Termination Date has occurred, shall be binding upon each Grantor the Grantors and its their successors, transferees and permitted assigns and, subject to the limitations set forth in the Credit Agreement, and shall inure to the benefit of and be enforceable by each Secured Party and its successors, transferees and permitted assigns; provided that, no Grantor shall assign any of its obligations hereunder (unless otherwise permitted under the terms of the Credit Agreement or this Security Agreement).

Appears in 3 contracts

Sources: First Lien Notes Pledge and Security Agreement (Reddy Ice Holdings Inc), Pledge and Security Agreement (Reddy Ice Holdings Inc), Second Lien Notes Pledge and Security Agreement (Reddy Ice Holdings Inc)

Binding on Successors, Transferees and Assigns; Assignment. This Security Agreement shall remain in full force and effect until the Termination Date has occurredDate, shall be binding upon each Grantor and its successors, transferees and permitted assigns and, subject to the limitations set forth in the Credit Agreement, shall inure to the benefit of and be enforceable by each Secured Party and its successors, transferees and permitted assigns; provided that, no Grantor shall assign any of its obligations hereunder (unless otherwise permitted under the terms of the Credit Agreement or this Security Agreement).

Appears in 3 contracts

Sources: Credit Agreement (Nine Energy Service, Inc.), Credit Agreement (Nine Energy Service, Inc.), Pledge and Security Agreement (NOW Inc.)

Binding on Successors, Transferees and Assigns; Assignment. This Security Agreement shall remain in full force and effect until the Termination Date has occurred, shall be binding upon each Grantor and its successors, transferees and permitted assigns and, subject to the limitations set forth in the Credit Agreement, and shall inure to the benefit of and be enforceable by each the Secured Party and its successors, transferees and permitted assigns; provided that, that no Grantor shall assign any of its obligations hereunder may (unless otherwise permitted under the terms of the Credit Agreement or this Security Agreement)) assign any of its obligations hereunder without the prior written consent of the Secured Party.

Appears in 3 contracts

Sources: Pledge and Security Agreement (Vbi Vaccines Inc.), Pledge and Security Agreement (Alliqua BioMedical, Inc.), Pledge and Security Agreement (Paulson Capital (Delaware) Corp.)

Binding on Successors, Transferees and Assigns; Assignment. This Security Agreement shall remain in full force and effect until the Termination Date has occurred, shall be binding upon each the Grantor and its successors, transferees and permitted assigns and, subject to the limitations set forth in the Credit Agreement, and shall inure to the benefit of and be enforceable by each Secured Party and its successors, transferees and permitted assigns; provided that, no that the Grantor shall assign any of its obligations hereunder may not (unless otherwise permitted under the terms of the Credit Agreement or this Security Agreement)) assign any of its obligations hereunder without the prior written consent of all Lenders.

Appears in 3 contracts

Sources: Credit Agreement (United Surgical Partners International Inc), Borrower Security and Pledge Agreement (Associated Materials Inc), Borrower Security and Pledge Agreement (AMH Holdings, Inc.)

Binding on Successors, Transferees and Assigns; Assignment. This Security Agreement shall remain in full force and effect until the Termination Date has occurred, shall be binding upon each Grantor and its successors, transferees and permitted assigns and, subject to the limitations set forth in the Credit Agreement, shall inure to the benefit of and be enforceable by each Secured Party and its successors, transferees and permitted assigns; provided that, that no Grantor shall assign any of its obligations hereunder (unless otherwise permitted under the terms of the Credit Agreement or this Security Agreement)) assign any of its obligations hereunder without.

Appears in 2 contracts

Sources: Credit Agreement (Flotek Industries Inc/Cn/), Pledge and Security Agreement (Flotek Industries Inc/Cn/)

Binding on Successors, Transferees and Assigns; Assignment. This Security Agreement shall remain in full force and effect until the Termination Date has occurred, shall be binding upon each Grantor and its successors, transferees and permitted assigns and, subject to the limitations set forth in the Credit Agreement, and shall inure to the benefit of and be enforceable by each Secured Party and its successors, transferees and permitted assigns; provided thatprovided, that no Grantor shall assign any of its obligations hereunder (unless otherwise permitted under the terms of the First Lien Credit Agreement or this Security Agreement)) assign any of its obligations hereunder without, subject to the First Lien Credit Agreement, the prior written consent of the Required Lenders.

Appears in 2 contracts

Sources: First Lien Pledge and Security Agreement, First Lien Pledge and Security Agreement (Energy XXI Gulf Coast, Inc.)

Binding on Successors, Transferees and Assigns; Assignment. This Security Agreement shall remain in full force and effect until the Termination Date has occurred, shall be binding upon each Grantor the Grantors and its their successors, transferees and permitted assigns and, subject to the limitations set forth in the Credit Agreement, and shall inure to the benefit of and be enforceable by each Secured Party and its successors, transferees and permitted assigns; provided that, that no Grantor shall assign any of its obligations hereunder may (unless otherwise permitted under the terms of the Credit Agreement or this Security Agreement)) assign any of its obligations hereunder without the prior written consent of all Lenders.

Appears in 2 contracts

Sources: Subsidiary Security and Pledge Agreement (Associated Materials Inc), Subsidiary Security and Pledge Agreement (AMH Holdings, Inc.)

Binding on Successors, Transferees and Assigns; Assignment. This Security Agreement shall remain in full force and effect until the Termination Date has occurred, shall be binding upon each Grantor the Grantors and its their successors, transferees and permitted assigns and, subject to the limitations set forth in the Credit Agreement, and shall inure to the benefit of and be enforceable by each Secured Party and its successors, transferees and permitted assigns; provided provided, that, no Grantor shall assign any of its obligations hereunder may (unless otherwise permitted under the terms of the Credit Agreement or this Security Agreement)) assign any of its obligations hereunder without the prior written consent of all Lenders.

Appears in 2 contracts

Sources: Pledge and Security Agreement (GENTHERM Inc), Pledge and Security Agreement (GENTHERM Inc)

Binding on Successors, Transferees and Assigns; Assignment. This Security Agreement shall remain in full force and effect until the Termination Date has occurred, shall be binding upon each Grantor the Grantors and its their successors, transferees and permitted assigns and, subject to the limitations set forth in the Credit Agreement, and shall inure to the benefit of and be enforceable by each Secured Party and its successors, transferees and permitted assigns; provided that, that no Grantor shall assign any of its obligations hereunder may (unless otherwise permitted under the terms of the Credit Agreement or this Security Agreement)) assign any of its obligations hereunder without the prior written consent of the Trustee.

Appears in 1 contract

Sources: Pledge and Security Agreement (Ferro Corp)

Binding on Successors, Transferees and Assigns; Assignment. This Security Agreement shall remain in full force and effect until the Security Agreement Termination Date has occurred, shall be binding upon each Grantor and its successors, transferees and permitted assigns and, subject to the limitations set forth in the Credit Agreement, and shall inure to the benefit of and be enforceable by each Secured Party and its successors, transferees and permitted assigns; provided that, no that a Grantor shall assign any of its obligations hereunder not (unless otherwise permitted under the terms of the Credit Agreement or this Security Agreement)) assign any of its obligations hereunder without, subject to the Credit Agreement, the prior written consent of the Required Lenders.

Appears in 1 contract

Sources: Credit Agreement (Constellation Energy Partners LLC)

Binding on Successors, Transferees and Assigns; Assignment. This Security Agreement shall remain in full force and effect until the Termination Date has occurred, shall be binding upon each Grantor and its successors, transferees and permitted assigns and, subject to the limitations set forth in the Credit Agreement, and shall inure to the benefit of and be enforceable by each Secured Party and its successors, transferees and permitted assigns; provided that, that no Grantor shall assign any of its obligations hereunder may (unless otherwise permitted under the terms of the Credit Agreement or this Security Agreement)) assign any of its obligations hereunder without the prior written consent of all Lenders.

Appears in 1 contract

Sources: Credit Agreement (United Surgical Partners International Inc)

Binding on Successors, Transferees and Assigns; Assignment. This Security Agreement shall remain in full force and effect until the Termination Date has occurred, shall be binding upon each the Grantor and its successors, transferees and permitted assigns and, subject to the limitations set forth in the Credit Agreement, and shall inure to the benefit of and be enforceable by each Secured Party and its successors, transferees and permitted assigns; provided that, no that the Grantor shall assign any of its obligations hereunder may not (unless otherwise permitted under the terms of the Credit Agreement or this Security Agreement)) assign any of its obligations hereunder without the prior written consent of all Lenders.

Appears in 1 contract

Sources: Credit Agreement (Hecla Mining Co/De/)

Binding on Successors, Transferees and Assigns; Assignment. This Security Agreement shall remain in full force and effect until the Termination Date has occurred, shall be binding upon each Grantor the Grantors and its successors, transferees and permitted assigns and, subject to the limitations set forth in the Credit Agreement, and shall inure to the benefit of and be enforceable by each Secured Party and its successors, transferees and permitted assigns; provided that, that no Grantor shall assign any of its obligations hereunder may (unless otherwise permitted under the terms of the Credit Agreement or this Security Agreement)) assign any of its obligations hereunder without the prior written consent of all Lenders.

Appears in 1 contract

Sources: Credit Agreement (Medidata Solutions, Inc.)

Binding on Successors, Transferees and Assigns; Assignment. This Security Agreement shall remain in full force and effect until the Termination Date has occurred, shall be binding upon each Grantor and its their successors, transferees and permitted assigns and, subject to the limitations set forth in the Credit Agreement, and shall inure to the benefit of and be enforceable by each Secured Party and its successors, transferees and permitted assigns; provided that, no that such Grantor shall assign any of its obligations hereunder may not (unless otherwise permitted under the terms of the Credit Agreement or this Security Agreement)) assign any of its obligations hereunder without the prior written consent of the Required Lenders.

Appears in 1 contract

Sources: Credit Agreement (CBL & Associates Properties Inc)

Binding on Successors, Transferees and Assigns; Assignment. This Security Agreement shall remain in full force and effect until the Termination Date has occurredPayment in Full, shall be binding upon each Grantor and its successors, transferees and permitted assigns and, subject to the limitations set forth in the Credit Agreement, shall inure to the benefit of and be enforceable by each Secured Party and its successors, transferees and permitted assigns; provided that, no Grantor shall assign any of its obligations hereunder (unless otherwise permitted under the terms of the Credit Agreement or this Security Agreement).

Appears in 1 contract

Sources: Credit Agreement (Nine Energy Service, Inc.)