Common use of Successors and Assigns Bound Clause in Contracts

Successors and Assigns Bound. Guarantor's obligations and liabilities under this Agreement shall be binding upon Guarantor's successors, heirs, legatees, devisees, administrator executors and assigns. The rights and remedies granted to Lenders under this Agreement shall also inure to the benefit of Lenders' successors and assigns, as well as to any and all subsequent holder or holders of any of Borrower's Indebtedness subject to this Agreement.

Appears in 4 contracts

Sources: Credit Agreement (Global Industries LTD), Credit Agreement (Newpark Resources Inc), Credit Agreement (Global Industries LTD)

Successors and Assigns Bound. Guarantor's ’s obligations and liabilities under this Agreement shall be binding upon Guarantor's ’s successors, heirs, legatees, devisees, administrator administrators, executors and assigns. The rights and remedies granted to Lenders under this Agreement shall also inure to the benefit of Lenders' successors and assigns, as well as to any and all subsequent holder or holders of any of Borrower's Indebtedness subject to this Agreement.

Appears in 2 contracts

Sources: Second Amendment and Conditional Payoff Agreement (SEACOR Marine Holdings Inc.), Conditional Payoff Guaranty (SEACOR Marine Holdings Inc.)

Successors and Assigns Bound. Guarantor's obligations and liabilities under this Agreement shall be binding upon Guarantor's successors, heirs, legatees, devisees, administrator administrators, executors and assigns. The rights and remedies granted to Lenders under this Agreement shall also inure to the benefit of Lenders' successors and assigns, as well as to any and all subsequent holder or holders of any of Borrower's Indebtedness subject to this Agreement.

Appears in 2 contracts

Sources: Obligation Guaranty Agreement (SEACOR Marine Holdings Inc.), Limited Commercial Guaranty (Genesis Energy Lp)

Successors and Assigns Bound. Each Guarantor's ’s obligations and liabilities under this Agreement shall be binding upon Guarantor's ’s successors, heirs, legatees, devisees, administrator administrators, executors and assigns. The rights and remedies granted to Lenders Secured Party under this Agreement shall also inure to the benefit of Lenders' Secured Parties’ successors and assigns, as well as to any and all subsequent holder or holders of any of Borrower's Indebtedness ’s Secured Liabilities subject to this Agreement.

Appears in 2 contracts

Sources: Guaranty Agreement (GMX Resources Inc), Guaranty Agreement (GMX Resources Inc)

Successors and Assigns Bound. Each Guarantor's obligations and liabilities under this Agreement shall be binding upon Guarantor's successors, heirs, legatees, devisees, administrator administrators, executors and assigns. The rights and remedies granted to Lenders Lender under this Agreement shall also inure to the benefit of Lenders' Lender's successors and assigns, as well as to any and all subsequent holder or holders of any of Borrower's Indebtedness subject to this Agreement.

Appears in 2 contracts

Sources: Commercial Guaranty Agreement (Lakes Gaming Inc), Commercial Guaranty Agreement (Lakes Gaming Inc)

Successors and Assigns Bound. Guarantor's obligations and liabilities under this Agreement shall be binding upon Guarantor's successors, heirs, legatees, devisees, administrator administrators, executors and assigns. The rights and remedies granted to Lenders Lender under this Agreement shall also inure to the benefit of Lenders' Lender's successors and assigns, as well as to any and all subsequent holder or holders of any of Borrower's Indebtedness subject to this Agreement.

Appears in 1 contract

Sources: Guaranty Agreement (Omega Protein Corp)

Successors and Assigns Bound. Guarantor's obligations and liabilities under this Agreement shall be binding upon Guarantor's successors, heirs, legatees, devisees, administrator executors successors and assigns. The rights and remedies granted to Lenders Collateral Agent and Holders under this Agreement shall also inure to the benefit of LendersCollateral Agent's and Holders' (and any Holder's Affiliate in the case of any obligations of Company and/or Guarantor under any Hedging Agreement) successors and assigns, as well as to any and all subsequent holder or holders of any of BorrowerCompany's Indebtedness subject to this Agreement.

Appears in 1 contract

Sources: Commercial Guaranty (Carrizo Oil & Gas Inc)

Successors and Assigns Bound. The Guarantor's obligations and liabilities under this Agreement shall be binding upon the Guarantor's successors, heirs, legatees, devisees, administrator executors successors and assigns. The rights and remedies granted to Lenders the Lender under this Agreement shall also inure to the benefit of Lenders' the Lender's successors and assigns, as well as to any and all subsequent holder or holders of any of the Borrower's Indebtedness subject to this Agreement.

Appears in 1 contract

Sources: Guaranty Agreement (Casino Resource Corp)

Successors and Assigns Bound. The Guarantor's ’s obligations and liabilities under this Agreement shall be binding upon the Guarantor's successors, heirs, legatees, devisees, administrator executors ’s successors and assigns. The rights and remedies granted to Lenders the Agent and the Secured Parties under this Agreement shall also inure to the benefit of Lenders' the Agent’s and the Secured Parties’ successors and assigns, as well as to any and all subsequent holder or holders of any of the Borrower's ’s Indebtedness subject to this Agreement.

Appears in 1 contract

Sources: Second Lien Commercial Guarantee (Carrizo Oil & Gas Inc)

Successors and Assigns Bound. Guarantor's obligations and liabilities under this Agreement shall be binding upon Guarantor's successors, heirs, legatees, devisees, administrator executors and assigns. The rights and remedies granted to Agent and Lenders under this Agreement shall also inure to the benefit of Agent's and Lenders' successors and assigns, as well as to any and all subsequent holder or holders of any of Borrower's Indebtedness subject to this Agreement.

Appears in 1 contract

Sources: Commercial Guaranty (Carrizo Oil & Gas Inc)

Successors and Assigns Bound. Guarantor's and Lender's obligations and liabilities under this Agreement shall be binding upon Guarantor's and Lender's successors, heirs, legatees, devisees, administrator administrators, executors and assigns. The rights and remedies granted to Lenders under this Agreement obligations of Guarantor hereunder shall also inure to the benefit of Lenders' successors and assigns, as well as to any and all subsequent holder or holders flow in favor of any assignee of Borrower's Indebtedness subject to this AgreementLender’s rights in respect of the Indebtedness.

Appears in 1 contract

Sources: Guaranty Agreement (Allegro Biodiesel Corp)

Successors and Assigns Bound. Each Guarantor's obligations and liabilities under this Agreement shall be binding upon Guarantor's successors, heirs, legatees, devisees, administrator administrators, executors and assigns. The rights and remedies granted to Lenders Lender under this Agreement shall also inure to the benefit of Lenders' Lender's successors and assigns, as well as to any and all subsequent holder or holders of any of Borrower's Indebtedness Secured Liabilities subject to this Agreement.

Appears in 1 contract

Sources: Guaranty Agreement (GMX Resources Inc)

Successors and Assigns Bound. Guarantor's obligations and liabilities under this Agreement shall be binding upon Guarantor's successors, heirs, legatees, devisees, administrator administrators, executors and assigns. The rights and remedies granted to Lenders Lender under this Agreement shall also inure to the benefit of Lenders' Lender's successors and assigns, as well as to any and all subsequent holder or holders of any of Borrower's Indebtedness Obligations subject to this Agreement.

Appears in 1 contract

Sources: Guaranty Agreement (Unifab International Inc)