Common use of Successions or Assignments Clause in Contracts

Successions or Assignments. (a) This Agreement shall inure to the benefit of the Collateral Agent, the Secured Parties and their respective successors and permitted assigns. (b) This Agreement is binding upon the Equity Investor and the Borrower and their respective successors and permitted assigns. Neither the Equity Investor nor the Borrower may assign any of their respective rights and obligations hereunder without the prior written consent of the Required Lenders (and any purported assignment in violation of this Section shall be void), except as provided in Section 2.1(g). (c) This Agreement shall inure to the benefit of the Equity Investor and its successors and permitted assigns.