Common use of Assignability and Binding Effect Clause in Contracts

Assignability and Binding Effect. The Consulting Services to be rendered by Consultant are personal in nature. Consultant may not assign or transfer this Agreement or any of Consultant’s rights or obligations hereunder except to a corporation of which Consultant is the sole stockholder. In no event will Consultant assign or delegate responsibility for actual performance of the Consulting Services to any other natural person. This Agreement will be binding upon and inure to the benefit of the parties and their respective legal representatives, heirs, successors and permitted assigns.

Appears in 3 contracts

Samples: Consulting Agreement (Hecht Peter M), Consulting Agreement (Alnylam Pharmaceuticals, Inc.), Consulting Agreement (Ironwood Pharmaceuticals Inc)

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Assignability and Binding Effect. The Consulting Services to be rendered by Consultant are personal in nature. Consultant may not assign or transfer this Agreement or any of Consultant’s rights or obligations hereunder except to a corporation of which Consultant is the sole stockholder. In no event will Consultant assign or delegate responsibility for actual performance of the Consulting Services to any other entity or natural person. This Agreement will be binding upon and inure to the benefit of the parties and their respective legal representatives, heirs, successors and permitted assigns.

Appears in 3 contracts

Samples: Consulting Agreement, Healthcare Provider Consulting Agreement (Ironwood Pharmaceuticals Inc), Healthcare Provider Consulting Agreement (Ironwood Pharmaceuticals Inc)

Assignability and Binding Effect. The Consulting Services to be rendered by Consultant are personal in nature. Consultant may not assign or transfer this Agreement or any of Consultant’s 's rights or obligations hereunder except to a corporation of which Consultant is the sole stockholder. In no event will Consultant assign or delegate responsibility for actual performance of the Consulting Services to any other natural personperson except to Consultant Personnel as provided for under this Agreement. This Agreement will be binding upon and inure to the benefit of the parties and their respective legal representatives, heirs, successors and permitted assigns.

Appears in 2 contracts

Samples: Consulting Agreement (Activbiotics Inc), Consulting Agreement (Activbiotics Inc)

Assignability and Binding Effect. The Consulting Advisory Services to be rendered by Consultant are personal in nature. Consultant may not assign or transfer this Agreement or any of Consultant’s rights or obligations hereunder except to a corporation of which Consultant is the sole stockholder. In no event will Consultant assign or delegate responsibility for actual performance of the Consulting Advisory Services to any other natural person. This Agreement will be binding upon and inure to the benefit of the parties and their respective legal representatives, heirs, successors and permitted assigns.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Alnylam Pharmaceuticals, Inc.), Limited Liability Company Agreement (Isis Pharmaceuticals Inc)

Assignability and Binding Effect. The Consulting Services to be rendered by Consultant are personal in nature. Consultant may not assign or transfer this Agreement or any of Consultant’s rights or obligations hereunder except under this Agreement. Client shall have the right to a corporation assign wxx.xxxxxxxxx.xxx this Agreement to an affiliated company or in connection with the merger, consolidation, sale or transfer of which Consultant is the sole stockholder. In no event will Consultant assign all or delegate responsibility for actual performance substantially all of the Consulting Services business to any other natural personwhich this Agreement relates. This Agreement will be binding upon and inure to the benefit of the parties and their respective legal representatives, heirs, successors and permitted assigns.

Appears in 1 contract

Samples: Independent Contractor Agreement (Sensei Biotherapeutics, Inc.)

Assignability and Binding Effect. The Consulting Services to be rendered by Consultant are personal in nature. Consultant may not assign or transfer this Agreement or any of Consultant’s rights or obligations hereunder except to a corporation of which Consultant is the sole stockholderhereunder. In no event will Consultant assign or delegate responsibility for actual performance of the Consulting Services to any other natural person. The Company may assign its rights and/or delegate its obligations hereunder to a subsidiary or any affiliate or any successor in interest. This Agreement will be binding upon and inure to the benefit of the parties and their respective legal representatives, heirs, successors and permitted assigns.

Appears in 1 contract

Samples: Consulting Agreement (RAIT Financial Trust)

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Assignability and Binding Effect. The Consulting Services to be rendered by Consultant are personal in nature. Consultant may not assign or transfer this Agreement or any of Consultant’s rights or obligations hereunder except to a corporation of which Consultant is the sole stockholder. In no event will Consultant assign or delegate responsibility for actual performance of the Consulting Services to any other natural personperson except to Consultant Personnel as provided for under this Agreement. This Agreement will be binding upon and inure to the benefit of the parties and their respective legal representatives, heirs, successors and permitted assigns.

Appears in 1 contract

Samples: Consulting Agreement (Alnylam Pharmaceuticals, Inc.)

Assignability and Binding Effect. The Consulting Services to be rendered by Consultant are personal in nature. Consultant may not assign or transfer this Agreement or any of Consultant’s rights or obligations hereunder except under this Agreement. Client shall have the right to a corporation assign this Agreement to an affiliated company or in connection with the merger, consolidation, sale or transfer of which Consultant is the sole stockholder. In no event will Consultant assign all or delegate responsibility for actual performance substantially all of the Consulting Services business to any other natural personwhich this Agreement relates. This Agreement will be binding upon and inure to the benefit of the parties and their respective legal representatives, heirs, successors and permitted assigns.

Appears in 1 contract

Samples: Independent Contractor Agreement (Sensei Biotherapeutics, Inc.)

Assignability and Binding Effect. The Consulting Services to be rendered by Consultant are personal in nature. Consultant may not assign or transfer this Agreement or any of Consultant’s rights or obligations hereunder except to a corporation of which Consultant is the sole stockholderhereunder. In no event will Consultant assign or delegate responsibility for actual performance of the Consulting Services to any other natural person. This Agreement will be binding upon and inure to the benefit of the parties and their respective legal representatives, heirs, successors and permitted assigns.

Appears in 1 contract

Samples: Consulting Agreement (Agios Pharmaceuticals, Inc.)

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