Common use of Assignability; Successors and Assigns Clause in Contracts

Assignability; Successors and Assigns. Neither this Agreement nor any of the rights or obligations of the Parties hereunder may be assigned by any Party without the prior written consent of the other Party, provided that a Party may assign its rights and obligations under this Agreement, without the prior written consent of the other party, to an Affiliate or to a successor of the assigning party by reason of merger, sale of all or substantially all of its assets or any similar transaction. Any attempted assignment or delegation in contravention hereof shall be null and void. Subject to the foregoing, this Agreement and all rights and powers granted and obligations created hereby will bind and inure to the benefit of the Parties hereto and their respective successors and assigns.

Assignability; Successors and Assigns. Neither this Agreement nor any of the rights or obligations of the Parties hereunder may be assigned by any Party without the prior written consent of the other Party, provided that a Party may assign its rights and obligations under this Agreement, without the prior written consent of the other partyParty, to an Affiliate or to a successor of the assigning party Party by reason of merger, sale of all or substantially all of its assets or any similar transaction. Any attempted assignment or delegation in contravention hereof shall be null and void. Subject to the foregoing, this Agreement and all rights and powers granted and obligations created hereby will bind and inure to the benefit of the Parties hereto and their respective successors and assigns.

Assignability; Successors and Assigns. Neither Except as hereinafter contemplated, this Agreement nor any and the rights of the rights or obligations of the Parties parties hereunder may not be assigned by any Party party without the prior written consent of the other Partyparties. Notwithstanding the foregoing, provided that a Party may assign its rights and obligations under this Agreement, without nothing herein contained shall prohibit the prior written consent assignment by Buyer of the other party, to an Affiliate certain or to a successor of the assigning party by reason of merger, sale of all or substantially all of its assets rights hereunder to one or more affiliates of Buyer, including, without limitation, by operation of law pursuant to a merger, provided, however, that no such assignment shall relieve Buyer of any similar transaction. Any attempted assignment or delegation in contravention hereof shall be null and voidliability hereunder. Subject to the foregoing, this Agreement and all rights and powers granted and obligations created hereby will bind and inure to the benefit of the Parties parties hereto and their respective successors and assigns.