Common use of Assignability and Parties in Interest Clause in Contracts

Assignability and Parties in Interest. This Agreement shall not be assignable by any of the parties hereto without the consent of the other parties hereto, except that the Buyers shall be able to assign their rights and obligations hereunder to any affiliated entity subject to remaining liable hereunder for such affiliated entities’ obligations under this Agreement.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Great Hill Investors LLC), Stock Purchase Agreement (Great Hill Investors LLC), Stock Purchase Agreement (Great Hill Investors LLC)

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Assignability and Parties in Interest. This Agreement shall not be assignable by any of the parties hereto without the consent of the other parties hereto, except provided that Purchaser shall have the Buyers shall be able right to assign their to one or more of its Affiliates any and all of its rights and obligations hereunder to any affiliated entity subject to remaining liable hereunder for such affiliated entities’ obligations under this Agreement. This Agreement (a) shall inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns and (b) is not intended to confer upon any other persons any rights or remedies hereunder.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Meteor Industries Inc), Stock Purchase Agreement (Popmail Com Inc)

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Assignability and Parties in Interest. This Agreement shall not be assignable by any of the parties hereto without the consent of the all other parties hereto; provided, except however, that Purchaser may assign this Agreement without consent of the Buyers Seller if such assignment is to an Affiliate of the Purchaser. This Agreement shall inure to the benefit of and be able binding upon the parties hereto and their respective successors. Nothing in this Agreement is intended to assign their confer, expressly or by implication, upon any other person any rights and obligations hereunder to any affiliated entity subject to remaining liable hereunder for such affiliated entities’ obligations or remedies under or by reason of this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Homeland Security Network, Inc.), Stock Purchase Agreement (Homeland Security Network, Inc.)

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