9.5. Assignability
(a) Neither the SELLER nor the BUYER may assign, delegate or otherwise transfer this Escrow Agreement nor any right or obligation hereunder in whole or in part without the prior written consent of each and any of the other Parties and any such attempted assignment or delegation without such consent shall be null, void, and without effect, except that the BUYER will be entitled to charge and/or assign at any time any of its rights under this Escrow Agreement by way of security to (a) any person acting as facility agent or security agent for all amounts due and owing in connection with the financing of the BUYER or any of its subsidiaries, (b) any other bank(s) and/or financial institution(s) lending money or making other banking facilities available to the BUYER in connection with a refinancing of amounts borrowed by the BUYER in which case it will inform the SELLER with regard to such intended assignment.
(b) Subject to the provisions of Section (a) above, this Escrow Agreement will apply to, be binding in all respects upon, and inure to the benefit of the Parties’ successors and permitted assigns.
(c) Nothing expressed or referred to in this Escrow Agreement will be construed to give any Person, other than the Parties to this Escrow Agreement, any legal or other right, remedy or claim under or with respect to this Escrow Agreement or any provision of this Escrow Agreement except such rights as may inure to a successor or permitted assignee under this Agreement.
9.5. Assignability(a) Neither the SELLER nor the BUYER may assign, delegate or otherwise transfer this Escrow Agreement nor any right or obligation hereunder in whole or in part without the prior written consent of each and any of the other Parties and any such attempted assignment or delegation without such consent shall be null, void, and without effect, except that the BUYER will be entitled to charge and/or assign at any time any of its rights under this Escrow Agreement by way of security to (a) any person acting as facility agent or security agent for all amounts due and owing in connection with the financing of the BUYER or any of its subsidiaries, (b) any other bank(s) and/or financial institution(s) lending money or making other banking facilities available to the BUYER in connection with a refinancing of amounts borrowed by the BUYER in which case it will inform the SELLER with regard to such intended assignment.(b) Subject to the provisions of Section (a) above, this Escrow Agreement will apply to, be binding in all respects upon, and inure to the benefit of the Parties’ successors and permitted assigns.(c) Nothing expressed or referred to in this Escrow Agreement will be construed to give any Person, other than the Parties to this Escrow Agreement, any legal or other right, remedy or claim under or with respect to this Escrow Agreement or any provision of this Escrow Agreement except such rights as may inure to a successor or permitted assignee under this Agreement.
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