Common use of Assignability and Binding Effect Clause in Contracts

Assignability and Binding Effect. This Agreement shall inure to the benefit of and shall be binding upon the Company and its successors and permitted assigns and upon Executive and his heirs, executors, legal representatives, successors and permitted assigns. However, neither party may assign, transfer, pledge, encumber, hypothecate or otherwise dispose of this Agreement or any of its or his rights hereunder without prior written consent of the other party, and any such attempted assignment, transfer, pledge, encumbrance, hypothecation or other disposition without such consent shall be null and voice without effect.

Appears in 14 contracts

Samples: Senior Executive Employment Agreement (Genesis Health Ventures Inc /Pa), Employment Agreement (Genesis Health Ventures Inc /Pa), Employment Agreement (Genesis Health Ventures Inc /Pa)

AutoNDA by SimpleDocs

Assignability and Binding Effect. This Agreement shall inure to the benefit of and shall be binding upon the Company and its successors and permitted assigns and upon Executive and his heirs, executors, legal representatives, successors and permitted assigns. However, neither party may assign, transfer, pledge, encumber, hypothecate or otherwise dispose of this Agreement or any of its or his rights hereunder without prior written consent of the other party, and any such attempted assignment, transfer, pledge, encumbrance, hypothecation or other disposition without such consent shall be null and voice void and without effect.

Appears in 4 contracts

Samples: Employment Agreement (Multicare Companies Inc), Employment Agreement (Multicare Companies Inc), Employment Agreement (Multicare Companies Inc)

Assignability and Binding Effect. This Agreement shall inure to the benefit of and shall be binding upon the Company Corporation and its successors and permitted assigns and upon the Executive and his heirs, executors, legal representatives, representatives successors and permitted assigns. However, neither party may assign, transfer, pledge, encumber, hypothecate or otherwise dispose of this Agreement or any of its or his rights hereunder without the prior written consent of the other party, and any such attempted assignment, transfer, pledge, encumbrance, hypothecation or other disposition without such consent shall be null and voice void and without effect.

Appears in 3 contracts

Samples: Employment Agreement (Factory Card Outlet Corp), Employment Agreement (Factory Card Outlet Corp), Employment Agreement (Factory Card Outlet Corp)

Assignability and Binding Effect. This Agreement shall inure to the benefit of and shall be binding upon the Company Corporation and its successors and permitted assigns and upon Executive and his heirs, executors, legal representatives, representatives successors and permitted assigns. However, neither party may assign, transfer, pledge, encumber, hypothecate or otherwise dispose of this Agreement or any of its or his rights hereunder without the prior written consent of the other party, and any such attempted assignment, transfer, pledge, encumbrance, hypothecation or other disposition without such consent shall be null and voice void and without effect.

Appears in 3 contracts

Samples: Employment Agreement (Factory Card Outlet Corp), Employment Agreement (Factory Card Outlet Corp), Employment Agreement (Factory Card Outlet Corp)

Assignability and Binding Effect. This Agreement shall inure to the benefit of and shall be binding upon the Company and its successors and permitted assigns and upon Executive and his heirs, executors, legal representatives, successors and permitted assigns. However, neither party may assign, transfer, pledge, encumber, hypothecate or otherwise dispose of this Agreement or any of its or his rights hereunder without prior written consent of the other party, and any such attempted assignment, transfer, pledge, encumbrance, hypothecation or other disposition without such consent shall be null and voice void without effect.

Appears in 1 contract

Samples: Employment Agreement (Genesis Health Ventures Inc /Pa)

AutoNDA by SimpleDocs

Assignability and Binding Effect. This Agreement shall inure to the benefit of and shall be binding upon the Company Corporation and its successors and permitted assigns and upon the Executive and his heirs, executors, legal representatives, representatives successors and permitted assigns. However, neither party may assign, transfer, pledge, encumber, hypothecate or otherwise dispose of this Agreement or any of its or his rights hereunder without the prior written consent of the other party, and any such attempted assignment, transfer, pledge, encumbrance, hypothecation or other disposition without such consent shall be null and voice void and without effect. 16.

Appears in 1 contract

Samples: Employment Agreement (Factory Card & Party Outlet Corp)

Assignability and Binding Effect. This Agreement shall inure to the benefit of and shall be binding upon your successors, assigns and legal representatives and the Company and its successors and permitted assigns and upon Executive and his heirs, executors, legal representatives, successors and permitted assignsof the Company. However, neither Neither party may assign, transfer, pledge, encumber, hypothecate encumber or otherwise dispose of this Agreement or any of its rights or his rights hereunder without prior written consent of the other partyobligations hereunder, and any such attempted assignment, transfer, pledge, encumbrance, hypothecation attempt at delegation or other disposition without such consent shall be null and voice void and without effect; except that the Company may assign or transfer this Agreement or any rights or obligations hereunder, to either Ramtron or EMS.

Appears in 1 contract

Samples: Escrow Agreement (Ramtron International Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.