Common use of Assignability; Third Party Beneficiaries Clause in Contracts

Assignability; Third Party Beneficiaries. Neither Party may, directly or indirectly, in whole or in part, whether by operation of law or otherwise, assign or transfer this Agreement, without the other Party’s prior written consent, which consent will not be unreasonably withheld; provided, however, either Party may transfer its interests, rights and obligations under this Agreement without consent to (i) any parent, (ii) any affiliate, (iii) any individual, bank, trustee, company or corporation as security for any note, notes, bonds or other obligations or securities of such assignor; or (iv) any party that acquires all or substantially all of the transferring Party’s assets. Each Party shall cause the transferee of any assets necessary for the provision of any Services hereunder or of any documents or records to which either party may be entitled to access hereunder to be bound by the terms of this Agreement with respect thereto. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective legal representatives and permitted successors and assigns, and nothing in this Agreement, express or implied, is intended to confer upon any other person any rights or remedies of any nature whatsoever under or by reason of this Agreement.

Assignability; Third Party Beneficiaries. Neither Party mayExcept as specifically permitted under Article 9 above, directly neither this Agreement nor any Party’s rights or indirectly, in whole obligations hereunder may be assigned or in part, whether delegated by operation such party without the prior written consent of law or otherwise, assign or transfer this Agreement, without the other Party’s , and any attempted assignment or delegation of this Agreement or any of such rights or obligations by any party without the prior written consent, which consent will not of the other parties shall be unreasonably withheldvoid and of no effect; provided, however, either Party that the Service Provider or Purchaser may assign or transfer its interests, rights and obligations under this Agreement to one or more of its respective Affiliates, but any such assignment shall not, without the express written consent to (i) any parent, (ii) any affiliate, (iii) any individual, bank, trustee, company or corporation as security for any note, notes, bonds or other obligations or securities of such assignor; or (iv) any party that acquires all or substantially all of the transferring Party’s assetsother parties, release the assignor from its obligations hereunder. Each Party shall cause Without limiting the transferee of any assets necessary for the provision of any Services hereunder or of any documents or records to which either party may be entitled to access hereunder to be bound by the terms of foregoing, this Agreement with respect thereto. This Agreement shall will be binding upon and inure to the benefit of the Parties and their respective legal representatives and permitted successors and assigns. This Agreement, including the Transition Services Schedule and the other documents referred to herein, shall be binding upon and inure solely to the benefit of each Party hereto and their legal representatives and successors, and nothing in this Agreement, express or implied, is intended to confer upon any other person Person any rights or remedies of any nature whatsoever under or by reason of this Agreement.