Common use of AFFILIATES; ASSIGNMENT Clause in Contracts

AFFILIATES; ASSIGNMENT. Except as otherwise provided in this Section 10.4, neither Party may assign its rights or obligations under this Agreement without the prior written consent of the other Party, such consent not to be unreasonably withheld, except that a Party may assign its rights or obligations to a third party in connection with the merger, consolidation, reorganization or acquisition of stock or assets affecting substantially all of the assets or actual voting control of the assigning Party. This Agreement shall be binding upon the successors and permitted assigns of the Parties. Any attempted delegation or assignment not in accordance with this Section 10.4 shall be of no force or effect.

Appears in 2 contracts

Samples: Confidentiality Agreement (Anadys Pharmaceuticals Inc), Confidentiality Agreement (Anadys Pharmaceuticals Inc)

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AFFILIATES; ASSIGNMENT. Except as otherwise provided in this Section 10.412.4, neither Party party may assign its rights or obligations under this Agreement without the prior written consent of the other Partyparty, such consent not to be unreasonably withheld, except that a Party party may assign its rights or obligations to a third party in connection with the merger, consolidation, reorganization or acquisition of stock or assets affecting substantially all of the assets or actual voting control of the assigning Partyparty. This Agreement shall be binding upon the successors and permitted assigns of the Partiesparties. Any attempted delegation or assignment not in accordance with this Section 10.4 12.4 shall be of no force or effect.

Appears in 1 contract

Samples: Collaboration Agreement (Genaissance Pharmaceuticals Inc)

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AFFILIATES; ASSIGNMENT. Except as otherwise provided in this Section 10.412.4, neither Party may assign its rights or obligations under this Agreement without the prior written consent of the other Party, such consent not to be unreasonably withheld, except that a Party may assign its rights or obligations to a third party in connection with the merger, consolidation, reorganization or acquisition of stock or assets affecting substantially all of the assets or actual voting control of the assigning Party. This Agreement shall be binding upon the successors and permitted assigns of the Parties. Any attempted delegation or assignment not in accordance with this Section 10.4 12.4 shall be of no force or effect.. *** Confidential Treatment Requested

Appears in 1 contract

Samples: Collaboration Agreement (Anadys Pharmaceuticals Inc)

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