Common use of Assignability; Binding Effect Clause in Contracts

Assignability; Binding Effect. This Agreement shall only be assignable by Buyer to a corporation or partnership controlling, controlled by or under common control with Buyer upon written notice to the Company. This Agreement may not be assigned by the Company without the prior written consent of Buyer. 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 4 contracts

Samples: Stock Purchase Agreement (Universal Access Global Holdings Inc), Stock Purchase Agreement (Film Roman Inc), Stock Purchase Agreement (Idt Corp)

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Assignability; Binding Effect. This Agreement shall only be ----------------------------- assignable by Buyer Buyer, whether in whole or in part, to a corporation or partnership an entity controlling, controlled by or under common control with Buyer upon written notice to the CompanyCompanies and the Stockholders, and such assignment shall not relieve Buyer of any liability hereunder. This Agreement may not be assigned by either Company or the Company Stockholders without the prior written consent of Buyer. 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: Stock and Asset Purchase Agreement (Mac-Gray Corp), Stock and Asset Purchase Agreement (Mac-Gray Corp), Stock and Asset Purchase Agreement (Mac-Gray Corp)

Assignability; Binding Effect. This Agreement shall only be assignable by Buyer to a corporation corporation, partnership or partnership other entity controlling, controlled by or under common control with Buyer upon written notice to the CompanyCompany and the Stockholders. This Agreement may not be assigned by the Stockholders or the Company without the prior written consent of Buyer. 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: Stock Purchase Agreement (Marketing Specialists Corp), Stock Purchase Agreement (Marketing Specialists Corp), Stock Purchase Agreement (Marketing Specialists Corp)

Assignability; Binding Effect. This Agreement shall only be ----------------------------- assignable by Buyer to a corporation or partnership controlling, controlled by or under common control with Buyer upon written notice to the CompanyCompany and the Stockholders, and such assignment shall not relieve Buyer of any liability hereunder. This Agreement may not be assigned by the Stockholders or the Company without the prior written consent of Buyer. 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 2 contracts

Samples: Stock Purchase Agreement (Monroe Inc), Stock Purchase Agreement (Monroe Inc)

Assignability; Binding Effect. This Agreement shall only be ----------------------------- assignable by Buyer Buyer, whether in whole or in part, to a corporation or partnership an entity controlling, controlled by or under common 42 control with Buyer upon written notice to the CompanyCompany and the Stockholders, and such assignment shall not relieve Buyer of any liability hereunder. This Agreement may not be assigned by the Company or the Stockholders without the prior written consent of Buyer. 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 2 contracts

Samples: Stock Purchase Agreement (Mac-Gray Corp), Stock Purchase Agreement (Mac-Gray Corp)

Assignability; Binding Effect. This Agreement shall only be assignable by Buyer to a corporation or partnership controlling, controlled by or under common control with Buyer upon written notice to the CompanyCompany and the Stockholders. This Agreement may not be assigned by the Stockholders or the Company without the prior written consent of Buyer. This Agreement shall be binding upon and enforceable by, and shall inure to the benefit of, the parties hereto to this Agreement and their respective successors and permitted assigns.

Appears in 2 contracts

Samples: Stock Purchase Agreement (QPQ Corp), Stock Purchase Agreement (Continucare Corp)

Assignability; Binding Effect. This Agreement shall only be assignable by Buyer Purchaser to a corporation or partnership controlling, controlled by or under common control with Buyer Purchaser upon written notice to the Company, and such assignment shall not relieve Purchaser of any liability hereunder. This Agreement may not be assigned by the Company 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 and their respective successors and permitted assigns.

Appears in 2 contracts

Samples: Merger Agreement (Tsi Inc /Mn/), Merger Agreement (Chronimed Inc)

Assignability; Binding Effect. This Agreement shall only be assignable by Buyer to a corporation or partnership controlling, controlled by or under common control with an affiliate of Buyer upon written notice to the CompanyCompany and the Members, and such assignment shall not relieve Buyer of any liability hereunder. This Agreement may not be assigned by the Members or the Company without the prior written consent of Buyer. 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: Limited Liability Company Interest Purchase Agreement (Zoll Medical Corporation)

Assignability; Binding Effect. This Agreement shall only be assignable by Buyer to a corporation or partnership controlling, controlled by or under common control with Buyer upon written notice to the CompanyAdditional Stockholders, provided that this Agreement shall be reassigned to Buyer if such assignee ceases to be controlling, controlled by or under common control with Buyer. This Agreement may not be assigned by the Company Additional Stockholders without the prior written consent of Buyer. 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: Stock Purchase Agreement (C Quential Inc)

Assignability; Binding Effect. This Agreement shall only be assignable by Buyer to a corporation or partnership controlling, controlled by or under common control with Buyer upon written notice to the CompanyCompany and the Stockholders. This Agreement may not be assigned by the Stockholders or the Company without the prior written consent of Buyer. 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: Merger Agreement (C P Clare Corp)

Assignability; Binding Effect. This Agreement (including any obligation of Buyer to pay Additional Consideration to the Holders) shall only be assignable by Buyer to a corporation or partnership controlling, controlled by or under common control with Buyer upon written notice to the CompanyCompany and the Holders. This Agreement may not be assigned by any Holder or the Company without the prior written consent of Buyer. 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: Purchase Agreement (Nextera Enterprises Inc)

Assignability; Binding Effect. This Agreement shall only be is not assignable by without the written consent of the parties hereto except, that Buyer may assign its rights and obligations hereunder to a corporation or partnership controlling, controlled by or under common control with Buyer upon written notice to the Company. This Agreement may Company and the Stockholders, and such assignment shall not be assigned by the Company without the prior written consent relieve Buyer of Buyerany liability hereunder. 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: Stock Purchase Agreement (Lamar Advertising Co)

Assignability; Binding Effect. This Agreement shall only be ----------------------------- assignable by Buyer to a corporation corporation, partnership or partnership other entity controlling, controlled by or under common control with Buyer upon written notice to the CompanyCompany and the Stockholders. This Agreement may not be assigned by the Stockholders or the Company without the prior written consent of Buyer. 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: Stock Purchase Agreement (Merkert American Corp)

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Assignability; Binding Effect. This Except as otherwise provided herein, this Agreement shall only be assignable assignable, in whole or in part, by Buyer either Purchaser to a corporation or partnership an entity controlling, controlled by or under common control with Buyer such Purchasers upon written notice to the CompanyCompany and the Principal Stockholders. This Agreement may not be assigned by the Principal Stockholders or the Company without the prior written consent of Buyerthe Purchasers. 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: Merger Agreement (Moldflow Corp)

Assignability; Binding Effect. This Agreement shall only be assignable by Buyer to a corporation or partnership controlling, controlled by or under common control with Buyer upon written notice to the CompanyCompany and the Holders. This Agreement may not be assigned by any Holders or the Company without the prior written consent of Buyer. 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: Stock Purchase Agreement (Nextera Enterprises Inc)

Assignability; Binding Effect. This Agreement shall only be assignable by Buyer to a corporation corporation, partnership or partnership other entity controlling, controlled by or under common control with Buyer upon written notice to the CompanyCompany and the Stockholder. This Agreement may not be assigned by the Stockholder, any Primary Party or the Company without the prior written consent of Buyer. 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: Stock Purchase Agreement (Marketing Specialists Corp)

Assignability; Binding Effect. This Agreement shall only be assignable by Buyer to a corporation or partnership controlling, controlled by or under common control with Buyer upon written notice to the CompanyPrincipal Stockholders, provided that this Agreement shall be reassigned to Buyer if such assignee ceases to be controlling, controlled by or under common control with Buyer. This Agreement may not be assigned by the Company Principal Stockholders without the prior written consent of Buyer. 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: Stock Purchase Agreement (C Quential Inc)

Assignability; Binding Effect. This Agreement shall only be assignable by Buyer to a corporation or partnership controlling, controlled by or under common control with Buyer upon written notice to the CompanyCompany and the Principal Stockholder. This Agreement may not be assigned by the Principal Stockholder or the Company without the prior written consent of Buyer. 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: Merger Agreement (Primix)

Assignability; Binding Effect. This Agreement shall only be assignable by Buyer to a corporation or partnership controlling, controlled by or under common control with Buyer upon written notice to the CompanyCompany and the Stockholder, and such assignment shall not relieve Buyer of any liability hereunder. This Agreement may not be assigned by the Stockholder or the Company without the prior written consent of Buyer. 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: Stock Purchase Agreement (Charles River Laboratories International Inc)

Assignability; Binding Effect. This Agreement shall only be is not assignable by ----------------------------- without the written consent of the parties hereto except, that Buyer may assign its rights and obligations hereunder to a corporation or partnership controlling, controlled by or under common control with Buyer upon written notice to the Company. This Agreement may Company and the Stockholders, and such assignment shall not be assigned by the Company without the prior written consent relieve Buyer of Buyerany liability hereunder. 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: Stock Purchase Agreement (Outdoor Communications Inc /De/)

Assignability; Binding Effect. This Agreement shall only be assignable by Buyer to a corporation or partnership controlling, other entity controlled by or under common control with Buyer upon written notice to Seller and the CompanyShareholders, and such assignment shall not relieve Buyer of any liability hereunder. This Agreement may not be assigned by Seller or the Company Shareholders without the prior written consent of BuyerXxxxx. 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

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