Common use of Assignability; Binding Effect Clause in Contracts

Assignability; Binding Effect. This Agreement shall not be assignable by Seller except with the written consent of Buyer. This Agreement shall be binding upon and shall inure to the benefit of, the parties hereto and their respective successors and assigns.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Vanity Events Holding, Inc.), Asset Purchase Agreement (Consorteum Holdings, Inc.), Asset Purchase Agreement (Media Exchange Group, Inc.)

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Assignability; Binding Effect. This Agreement shall not be assignable by Buyer or Seller except with the written consent of Buyerthe other, except that Buyer may assign its rights hereunder either (a) to any affiliate of Buyer or its owners, (b) as a result of any merger, reorganization or other consolidation, or (c) in connection with the granting of a security interest to its senior lender. This Agreement shall be binding upon and shall inure to the benefit of, the parties hereto and their respective successors successors, and assigns.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Teltone Corp), Asset Purchase Agreement (Duro Communications Corp), Asset Purchase Agreement (Duro Communications Corp)

Assignability; Binding Effect. This Agreement shall not be assignable by Buyer or Seller except with the written consent of Buyerthe other, except that Buyer may assign its rights hereunder either (a) to any affiliate of Buyer or its owners, (b) as a result of any merger, reorganization or other consolidation, or (c) in connection with the granting of a security interest to its senior lender. This Agreement shall be binding upon and shall inure to the benefit of, the parties hereto and their respective successors and assigns.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Duro Communications Corp), Asset Purchase Agreement (Duro Communications Corp), Asset Purchase Agreement (Duro Communications Corp)

Assignability; Binding Effect. This Agreement shall not be assignable by Seller except with Purchaser to a creditworthy corporation, partnership or entity, within its control group provided that such assignment shall not release Purchaser of its obligations hereunder prior to the written consent of Buyerassignment. This Agreement shall be binding upon and enforceable by, and shall inure to the benefit of, the parties hereto and their respective successors and permitted assigns. The rights, but not the obligations of Seller, may be assigned by Seller to any person or entity upon written notice to Purchaser.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Fortune Diversified Industries Inc), Asset Purchase Agreement (Fortune Diversified Industries Inc), Asset Purchase Agreement (Fortune Diversified Industries Inc)

Assignability; Binding Effect. This Agreement shall not be assignable by Buyer or Seller except with the written consent of Buyerthe other, except that Buyer may assign its rights hereunder either (a) to any affiliate of Buyer or its owners, (b) as a result of any merger, reorganization or other consolidation or sale, or (c) in connection with the granting of a security interest to its senior lenders. This Agreement shall be binding upon and shall inure to the benefit of, the parties hereto and their respective successors successors, and assigns.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Voyager Net Inc), Asset Purchase Agreement (Voyager Net Inc), Asset Purchase Agreement (Voyager Net Inc)

Assignability; Binding Effect. This Agreement shall not be assignable by Seller except with Purchaser to a corporation, partnership or entity, within its control group provided that such assignment shall not release Purchaser of its obligations hereunder prior to the written consent of Buyerassignment. This Agreement shall be binding upon and enforceable by, and shall inure to the benefit of, the parties hereto and their respective successors and permitted assigns.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Fortune Carter M), Asset Purchase Agreement (Fortune Diversified Industries Inc), Asset Purchase Agreement (Fortune Diversified Industries Inc)

Assignability; Binding Effect. This Agreement shall may not be assignable assigned by Seller except with the written consent Seller. The Buyer may, in its discretion, transfer and assign this Agreement to a parent, subsidiary, joint venture, affiliate, or other related entity or to a successor of Buyerthe Buyer by merger or sale of assets. This Agreement and the rights, covenants, conditions and obligations of the respective parties hereto and any instrument or agreement executed pursuant hereto shall be binding upon and enforceable by, and shall inure to the benefit of, the parties hereto Parties and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Asset Purchase Agreement (Klever Marketing Inc)

Assignability; Binding Effect. This Agreement shall not be assignable ----------------------------- by Buyer or Seller except with the written consent of the other, except that Buyer may assign its rights hereunder to any affiliate of Buyer. This Agreement shall be binding upon and shall inure to the benefit of, the parties hereto and their respective successors successors, and assigns.

Appears in 1 contract

Samples: Asset Purchase Agreement (Voyager Net Inc)

Assignability; Binding Effect. This Agreement shall not be assignable by Buyer or Seller except with the written consent of Buyerthe other, except that Buyer may assign its rights hereunder either (a) to any affiliate of Buyer or its owners or (b) as a result of any merger, reorganization or other consolidation. This Agreement shall be binding upon and shall inure to the benefit of, the parties hereto and their respective successors successors, and assigns.

Appears in 1 contract

Samples: Asset Purchase Agreement (Duro Communications Corp)

Assignability; Binding Effect. This Agreement shall not be assignable by Buyer or either Seller except with the written consent of Buyerthe other, except that Buyer may assign its rights hereunder either (a) to any affiliate of Buyer or its owners, (b) as a result of any merger, reorganization or other consolidation, or (c) in connection with the granting of a security interest to its senior lender. This Agreement shall be binding upon and shall inure to the benefit of, the parties hereto and their respective successors and assigns.

Appears in 1 contract

Samples: Asset Purchase Agreement (Duro Communications Corp)

Assignability; Binding Effect. Subject to the provisions of Section 4.3, this Agreement is freely assignable by Buyer. This Agreement shall may not be assignable assigned by Seller except with the written consent of BuyerSeller. This Agreement shall be binding upon and enforceable by, and shall inure to the benefit of, the parties hereto and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Asset Purchase Agreement (Zoll Medical Corp)

Assignability; Binding Effect. This Agreement shall may not be assignable assigned by the Seller except with or the written consent Parent. The Buyer may, in its discretion, transfer and assign this Agreement to a subsidiary or affiliate or to a successor of Buyerthe Buyer by merger or sale of assets. This Agreement and the rights, covenants, conditions and obligations of the respective parties hereto and any instrument or agreement executed pursuant hereto shall be binding upon and enforceable by, and shall inure to the benefit of, the parties hereto Parties and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Asset Purchase Agreement (Tropical Sportswear International Corp)

Assignability; Binding Effect. This Agreement shall not be assignable by Seller except with the written consent The terms and conditions of Buyer. This this ----------------------------- Agreement shall be binding upon and enforceable by, and shall inure to the benefit of, the parties hereto and their respective successors and permitted assigns.. This Agreement may not be assigned by the Company without the prior written consent of Investor. This Agreement shall only be assignable by Investor

Appears in 1 contract

Samples: Stock Purchase Agreement (Boston Properties Inc)

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Assignability; Binding Effect. This Agreement shall not be ----------------------------- assignable by Buyer or Seller except with the written consent of Buyerthe other, except that Buyer may assign its rights hereunder either (a) to any affiliate of Buyer or its owners, (b) as a result of any merger, reorganization or other consolidation, or (c) in connection with the granting of a security interest to its senior lenders. This Agreement shall be binding upon and shall inure to the benefit of, the parties hereto and their respective successors successors, and assigns.

Appears in 1 contract

Samples: Stock Purchase Agreement (Voyager Net Inc)

Assignability; Binding Effect. This Agreement shall may not be assignable assigned by Seller except with or Flug without the prior written consent of Buyer. Buyer may, in its discretion, transfer and assign this Agreement to an Affiliate or to a successor of Buyer by merger or sale of assets. This Agreement and the rights, covenants, conditions and obligations of the respective parties hereto and any instrument or agreement executed pursuant hereto shall be binding upon and enforceable by, and shall inure to the benefit of, the parties Parties hereto and their respective heirs, successors and assignspermitted assigns and legal representatives.

Appears in 1 contract

Samples: Asset Purchase Agreement (Chaus Bernard Inc)

Assignability; Binding Effect. This Agreement shall may not be assignable assigned by Seller except with any party without the prior written consent of Buyerthe other parties; provided, however, that Buyer may collaterally assign its rights and remedies hereunder in connection with any Indebtedness of Buyer or its Affiliates. This Subject to the foregoing, this Agreement shall be binding upon and enforceable by, and shall inure to the benefit of, the parties hereto and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Asset Purchase Agreement (Zalicus Inc.)

Assignability; Binding Effect. This Agreement shall not be assignable by Purchaser to an entity to be formed in which Purchaser or its affiliates shall hold a general partnership or similar interest provided that, until Closing, Purchaser agrees to remain jointly and severally liable for all of its obligations and undertakings pursuant to this Agreement. This Agreement may not be assigned by Seller except with without the prior written consent of BuyerPurchaser. This Agreement shall be binding upon and enforceable by, and shall inure to the benefit of, the parties hereto Parties and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Boston Celtics Limited Partnership /De/)

Assignability; Binding Effect. This Agreement shall not be assignable by Seller except with the written ------------------------------ consent of Buyer. This Agreement shall be binding upon and shall inure to the benefit of, the parties hereto and their respective successors and assigns.

Appears in 1 contract

Samples: Asset Purchase Agreement (Digicorp)

Assignability; Binding Effect. This Agreement shall not only be assignable by each Buyer, whether in whole or in part, to an entity controlling, controlled by or under common control with such Buyer upon written notice to the Seller, and such assignment shall not relieve such Buyer of any liability hereunder. This Agreement may not be assigned by Seller except with without the prior written consent of each Buyer. This Agreement shall be binding upon and shall inure to the benefit of, the parties hereto and their respective successors and assigns.and

Appears in 1 contract

Samples: Stock and Asset Purchase Agreement (Axcess Inc/Tx)

Assignability; Binding Effect. This Agreement shall not be assignable by Buyer or Seller except with the written consent of Buyerthe other, except that Buyer may assign its rights hereunder either (a) to any affiliate of Buyer or its owners, (b) as a result of any merger, reorganization or other consolidation, or (c) in connection with the granting of a security interest to its senior lender. This Agreement shall be binding upon and shall inure to the benefit of, the parties hereto and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Asset Purchase Agreement (Duro Communications Corp)

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