Assignability; Parties in Interest. (a) Buyer may assign any and all of its rights hereunder to any affiliate of or any direct or indirect subsidiary of Buyer, and Buyer shall advise Seller of any such assignment and shall designate such party as the assignee and transferee of the securities purchased. Any such assignee shall assume all of Buyer's duties, obligations and undertakings hereunder, but the assignor shall remain liable thereunder.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Corrections Corporation of America), Stock Purchase Agreement (Corrections Corporation of America)
Assignability; Parties in Interest. (a) Buyer may assign any and or all of its rights hereunder to any affiliate of or any direct or indirect subsidiary of Buyer, and Buyer shall advise Seller Selling Parties of any such assignment and shall designate such party as the assignee and transferee of the securities Assets purchased. Any such assignee shall assume all of Buyer's duties, obligations and undertakings hereunder, but the assignor Buyer shall remain liable thereunderhereunder.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Healthstream Inc), Asset Purchase Agreement (Healthstream Inc)
Assignability; Parties in Interest. (a) Buyer may assign any and or all of its rights hereunder to any affiliate of or any direct or indirect subsidiary of Buyer, and Buyer shall advise Seller of any such assignment and shall designate such party as the assignee and transferee of the securities Assets purchased. Any such assignee shall assume all of Buyer's duties, obligations and undertakings hereunder, but the assignor shall remain liable thereunderhereunder.
Appears in 1 contract
Assignability; Parties in Interest. (a) Buyer may assign any and all of its rights hereunder to any affiliate of or any direct or indirect subsidiary of Buyer, and Buyer shall advise Seller Sellers of any such assignment and shall designate such party as the assignee of this Agreement and transferee of the securities purchasedshares. Any such assignee shall assume all of Buyer's duties, obligations and undertakings hereunder, but the assignor Buyer shall remain liable thereunderhereunder.
Appears in 1 contract
Samples: Purchase Agreement (Corrections Corporation of America)
Assignability; Parties in Interest. (a) Buyer may assign any and or all of its rights hereunder to any affiliate of or any direct or indirect subsidiary of Buyer, and Buyer shall advise Seller of any such assignment and shall designate such party as the assignee and transferee of the securities purchased. Any such assignee shall assume all of Buyer's duties, obligations and undertakings hereunder, but the Buyer and any other assignor shall remain jointly and severally liable thereunder.
Appears in 1 contract
Samples: Asset Purchase Agreement (Performance Food Group Co)
