Common use of Successors and Assigns; Assignments and Participations Clause in Contracts

Successors and Assigns; Assignments and Participations. (a) This Agreement shall be binding upon, and inure to the benefit of the parties hereto and their respective successors and assigns, except that (i) Borrower may not, directly or indirectly, assign or transfer, or attempt to assign or transfer, any of its Rights, duties or obligations under any Loan Documents without the express written consent of all Lenders, and (ii) except as permitted under this Section, no Lender may transfer, pledge, assign, sell any participation in, or otherwise encumber its portion of the Obligation. (b) Each Lender may assign to one or more Eligible Assignees all or a portion of its Rights and obligations under this Agreement and the other Loan Documents (including, without limitation, all or a portion of its Borrowings and its Notes (to the extent any Principal Debt owed to such assigning Lender is evidenced by a Note or Notes)); provided, however, that: (i) each such assignment shall be to an Eligible Assignee; (ii) except in the case of an assignment to another Lender, an Affiliate of a Lender, or an Approved Fund of any Lender, or in the case of an assignment of all of a Lender's Rights and obligations under this Agreement and the other Loan Documents, any partial assignment under any Facility shall not be less than the following amounts for the Facility indicated unless Borrower and

Successors and Assigns; Assignments and Participations. (a) This Agreement shall be binding upon, and inure to the benefit of the parties hereto and their respective successors (which shall include in the case of any Lender, any entity resulting from a merger or consolidation) and assigns, except that (i) Borrower Borrowers may not, except as otherwise permitted under the Loan Documents, directly or indirectly, assign or transfer, or attempt to assign or transfer, any of its their Rights, duties duties, or obligations under any Loan Documents without the express written consent of all Lenders, and (ii) except as permitted under this Section, no Lender may transfer, pledge, assign, sell any participation in, or otherwise encumber its portion of the Obligation. (b) Each Lender may assign to one or more Eligible Assignees all or a portion of its Rights and obligations under this Agreement and the other Loan Documents (including, without limitation, all or a portion of its Borrowings and its Notes (-- to the extent any Principal Debt owed to such assigning Lender is evidenced by a Note or Notes)); provided, however, that: (i) each such assignment shall be to an Eligible Assignee; (ii) except in the case of an assignment to another Lender, an Affiliate of a Lender, assigning Lender or an Approved Fund of any Lender, or in the case of an assignment of all of a Lender's Rights and obligations under this Agreement and the other Loan Documents, any such partial assignment under any Facility or Discretionary Loan shall not be less than the following amounts for the Facility or Discretionary Loan indicated (unless Borrower Administrative Agent and, unless a Default or Potential Default has occurred and is continuing, Restricted Borrowers consent thereto (in their sole discretion) in writing which may be evidenced by their acceptance and execution of the related Assignment and Acceptance Agreement):

Successors and Assigns; Assignments and Participations. (a) This Agreement shall be binding upon, and inure to the benefit of the parties hereto and their respective successors and assigns, except that (i) Borrower may not, directly or indirectly, assign or transfer, or attempt to assign or transfer, any of its Rights, duties or obligations under any Loan Documents without the express written consent of all Lenders, and (ii) except as permitted under this Section, no Lender may transfer, pledge, assign, sell any participation in, or otherwise encumber its portion of the Obligation. (b) Each Lender may assign to one or more Eligible Assignees all or a portion of its Rights and obligations under this Agreement and the other Loan Documents (including, without limitation, all or a portion of its Borrowings and its Notes (to the extent any Principal Debt owed to such assigning Lender is evidenced by a Note or Notes)); provided, however, that: (i) each such assignment shall be to an Eligible Assignee; (ii) except in the case of an assignment to another Lender, an Affiliate of a Lender, or an Approved Fund of any Lender, or in the case of an assignment of all of a Lender's Rights and obligations under this Agreement and the other Loan Documents, any partial assignment under any Facility shall not be less than the following amounts for the Facility indicated unless Borrower andand Administrative Agent consent thereto (at their sole discretion) in writing (which may be evidenced by their acceptance and execution of the related Assignment and Acceptance Agreement):