Common use of Successors Bound Clause in Contracts

Successors Bound. The covenants and agreements set forth herein shall be binding upon and inure to the benefit of each of the parties and their respective successors and permitted assigns. Neither party shall be permitted to assign their rights under this Agreement without the written consent of the other party; provided, however, that the foregoing shall not limit the ability of the Custodian to delegate certain duties or services to or perform them through agents or attorneys appointed with due care as expressly provided in this Agreement.

Appears in 102 contracts

Sources: Custody Agreement (First Eagle Private Credit Fund), Custody Agreement (Remora Capital Corp), Custody Agreement (Fortress Private Lending Fund)

Successors Bound. The covenants and agreements set forth herein shall be binding upon and inure to the benefit of each of the parties and their respective successors and permitted assigns. Neither No party shall be permitted to assign their rights under this Agreement without the written consent of the other partyparties; provided, however, that the foregoing shall not limit the ability of the Custodian to delegate certain duties or services to or perform them through agents or attorneys appointed with due care as expressly provided in this Agreement.

Appears in 4 contracts

Sources: Custody Agreement (Guggenheim Credit Income Fund 2021), Custody Agreement (Carey Credit Income Fund 2018 T), Custody Agreement (Carey Credit Income Fund 2017 T)

Successors Bound. The covenants and agreements set forth herein in this Agreement shall be binding upon and inure to the benefit of each of the parties and their respective successors and permitted assigns. Neither party shall be permitted to assign their rights under this Agreement without the written consent of the other party; provided, however, that the foregoing shall not limit the ability of the Custodian to delegate certain duties or services to or perform them through agents or attorneys appointed with due care as expressly provided in this Agreement.

Appears in 4 contracts

Sources: Custody Agreement (Terra Income Fund 6, Inc.), Custody Agreement (BUSINESS DEVELOPMENT Corp OF AMERICA II), Custody Agreement (Terra Income Fund 6, Inc.)

Successors Bound. The covenants and agreements set forth herein shall be binding upon and inure to the benefit of each of the parties and their respective successors and permitted assigns. Neither party shall be permitted to assign their rights under this Agreement without the written consent of the other party; provided, however, that the foregoing shall not limit the ability of the Document Custodian to delegate certain duties or services to or perform them through agents or attorneys appointed with due care as expressly provided in this Agreement.

Appears in 3 contracts

Sources: Custody Agreement (Ept 16 LLC), Custody Agreement (TriplePoint Private Venture Credit Inc.), Custody Agreement (TriplePoint Venture Growth BDC Corp.)

Successors Bound. The covenants and agreements set forth herein shall be binding upon and inure to the benefit of each of the parties and their respective successors and permitted assigns. Neither party shall be permitted to assign their rights under this Agreement without the written consent of the other party; provided, however, that the foregoing shall not limit the ability of the Custodian to delegate certain duties or services to or perform them through agents or attorneys appointed with due care as expressly provided in this Agreement; provided further, that such delegation, or employment of agents and attorneys shall not relieve the Custodian of any of its obligations and duties hereunder.

Appears in 3 contracts

Sources: Custody Agreement (Bain Capital Private Credit), Custody Agreement (BC Partners Lending Corp), Custody Agreement (Bain Capital Specialty Finance, Inc.)

Successors Bound. The covenants and agreements set forth herein shall be binding upon and inure to the benefit of each of the parties and their respective successors and permitted assigns. Neither party shall be permitted to assign their rights under this Agreement without the written consent of the other party; provided, however, that the foregoing shall not limit the ability of the Custodian to delegate certain duties or services to or perform them through agents or attorneys appointed with due care as expressly provided in this Agreement,.

Appears in 2 contracts

Sources: Custody Agreement (Ares Core Infrastructure Fund), Custody Agreement (Ares Strategic Income Fund)

Successors Bound. The covenants and agreements set forth herein shall be binding upon and inure to the benefit of each of the parties and their respective successors and permitted assigns. Neither party shall be permitted to assign their rights under this Agreement without the written consent of the other party; provided, however, that the foregoing shall not limit the ability of the Custodian or the Document Custodian to delegate certain duties or services to or perform them through agents or attorneys appointed with due care as expressly provided in this Agreement.

Appears in 2 contracts

Sources: Custody Agreement (5C Lending Partners Corp.), Custody Agreement (5C Lending Partners Corp.)

Successors Bound. The covenants and agreements set forth herein shall be binding upon and inure to the benefit of each of the parties and their respective successors and permitted assigns. Neither party shall be permitted to assign their rights under this Agreement without the written consent of the other party; provided, however, that the foregoing shall not limit the ability of the Custodian to delegate certain duties or services to or perform them through agents or attorneys appointed with due care as expressly provided in this Agreement.

Appears in 1 contract

Sources: Custody Agreement (Panagram Capital, LLC)

Successors Bound. The covenants and agreements set forth herein shall be binding upon and inure to the benefit of each of the parties and their respective successors and permitted assigns. Neither party shall be permitted to assign their rights under this Agreement without {00120371; v1} - 34 - 49298698.4 the written consent of the other party; provided, however, that the foregoing shall not limit the ability of the Custodian to delegate certain duties or services to or perform them through agents or attorneys appointed with due care as expressly provided in this Agreement.

Appears in 1 contract

Sources: Custody Agreement (New Mountain Guardian IV BDC, L.L.C.)

Successors Bound. The covenants and agreements set forth herein shall be binding upon and inure to the benefit of each of the parties and their respective successors and permitted assigns. Neither party shall be permitted to assign their rights under this Agreement without the written consent of the other party; provided, however, that the foregoing shall not limit the ability of the Custodian to delegate certain duties or services to or perform them through agents or attorneys appointed with due care as expressly provided in this Agreement, provided further, that such delegation, or employment of agents and attorneys shall not relieve the Custodian of any of its obligations and duties hereunder.

Appears in 1 contract

Sources: Custody Agreement (Muzinich BDC, Inc.)

Successors Bound. The covenants and agreements set forth herein shall be binding upon and inure to the benefit of each of the parties and their respective successors and permitted assigns. Neither No party shall be permitted to assign their its rights under this Agreement without the written consent of the other partyparties; provided, however, that the foregoing shall not limit the ability of the Custodian to delegate certain duties or services to or perform them through agents or attorneys appointed with due care as expressly provided in this Agreement, provided further, that such delegation, or employment of agents and attorneys shall not relieve the Custodian of any of its obligations and duties hereunder.

Appears in 1 contract

Sources: Custody Agreement (Palmer Square Capital BDC Inc.)

Successors Bound. The covenants and agreements set forth herein shall be binding upon and inure to the benefit of each of the parties and their respective successors and permitted assigns. Neither No party hereto shall be permitted to assign their its rights under this Agreement without the written consent of the each other party; provided, however, and neither the Company nor Custodian may delegate its obligations hereunder without the prior written consent of Administrative Agent; provided that the foregoing shall not limit the ability of the Custodian to delegate certain duties or services to or perform them through agents or attorneys appointed with due care as expressly provided in Section 2.3 of this Agreement.

Appears in 1 contract

Sources: Custody Agreement (Corporate Capital Trust, Inc.)

Successors Bound. The covenants and agreements set forth herein shall be binding upon and inure to the benefit of each of the parties and their respective successors and permitted assigns. Neither party shall be permitted to assign their rights under this Agreement without the written consent of the other party; provided, however, that the foregoing shall not limit the ability of the Account Bank or the Document Custodian to delegate certain duties or services to or perform them through agents or attorneys appointed with due care as expressly provided in this Agreement.

Appears in 1 contract

Sources: Custody and Account Agreement (Trinity Capital Inc.)

Successors Bound. The covenants and agreements set forth herein shall be binding upon and inure to the benefit of each of the parties and their respective successors and permitted assigns. Neither party shall be permitted to assign their rights under this Agreement without the written consent of the other partyparty and the Administrative Agent; provided, however, provided that the foregoing shall not limit the ability of the Custodian to delegate certain duties or services to or perform them through agents or attorneys appointed with due care as expressly provided in this Agreement.

Appears in 1 contract

Sources: Custody Agreement (Churchill Financial BDC Inc.)

Successors Bound. The covenants and agreements set forth herein shall be binding upon and inure to the benefit of each of the parties and their respective successors and permitted assigns. Neither No party shall be permitted to assign all or any portion of their rights under this Agreement without the written consent of the other partyparties and the Administrative Agent; provided, however, provided that the foregoing shall not limit the ability of the Custodian to delegate certain duties or services to or perform them through agents or attorneys appointed with due care as expressly provided in this Agreement.

Appears in 1 contract

Sources: Custodian Agreement (Pennantpark Investment Corp)

Successors Bound. The covenants and agreements set forth herein shall be binding upon and inure to the benefit of each of the parties and their respective successors and permitted assigns. Neither party shall be permitted to assign their rights under this Agreement without the written consent of the other party; provided, however, that the foregoing shall not limit the ability of the Custodian to delegate certain duties or services to or perform them through agents or attorneys appointed with due care as expressly provided in this Agreement.. 19.2

Appears in 1 contract

Sources: Custody Agreement (Flat Rock Capital Corp.)