Common use of Assignment and Benefit Clause in Contracts

Assignment and Benefit. (a) No party to this Agreement shall assign this Agreement or any rights hereunder, or delegate any obligations hereunder, without the prior written consent of the other party, except that DIS or Digirad may assign this contract in connection with a merger or other change of control. Subject to the foregoing, this Agreement and the rights and obligations set forth herein shall inure to the benefit of, and be binding upon, the parties hereto, and each of their respective successors, heirs and assigns. (b) This Agreement shall not be construed as giving any person, other than the parties hereto and their permitted successors, heirs and assigns, any legal or equitable right, remedy or claim under or in respect of this Agreement or any of the provisions herein contained, this Agreement and all provisions and conditions hereof being intended to be, and being, for the sole and exclusive benefit of such parties, and permitted successors, heirs and assigns and for the benefit of no other person or entity.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Digirad Corp), Asset Purchase Agreement (Digirad Corp)

Assignment and Benefit. (a) No party to this Agreement Seller shall not assign this Agreement or any rights hereunder, or delegate any obligations hereunder, without the prior written consent of the other party, except that DIS or Digirad Buyer. Seller may assign the rights of this contract in connection with a merger or other change of controlagreement to the Shareholder upon dissolution. Subject to the foregoing, this Agreement and the rights and obligations set forth herein shall inure to the benefit of, and be binding upon, the parties hereto, and each of their respective successors, heirs and assigns. (b) This Agreement shall not be construed as giving any person, other than the parties hereto and their permitted successors, heirs and assigns, any legal or equitable right, remedy or claim under or in respect of this Agreement or any of the provisions herein contained, this Agreement and all provisions and conditions hereof being intended to be, and being, for the sole and exclusive benefit of such parties, and permitted successors, heirs and assigns and for the benefit of no other person or entity.entity 11.7

Appears in 1 contract

Sources: Asset Purchase Agreement (Judge Group Inc)

Assignment and Benefit. (a) No party to this Agreement shall assign this Agreement or any rights hereunder, or delegate any obligations hereunder, without the prior written consent of the other party, except that DIS or Digirad may assign this contract in connection with a merger or other change of control. Subject Prior to the foregoingClosing Date, this Agreement and the rights and obligations set forth herein shall may not be transferred or assigned by operation of law or otherwise without the consent of each party hereto. After the Closing Date, any party may assign its rights (but not its obligations) under this Agreement upon written notice to the other parties. This Agreement is binding upon and will inure to the benefit of, and be binding upon, of the parties hereto, hereto and each of their respective successors, heirs successors and permitted assigns. (b) This Agreement shall not be construed as giving any person, other than the parties hereto and their permitted successors, heirs and assigns, any legal or equitable right, remedy or claim under or in respect of this Agreement or any of the provisions herein contained, this Agreement and all provisions and conditions hereof being intended to be, and being, for the sole and exclusive benefit of such parties, and permitted successors, heirs and assigns and for the benefit of no other person or entity.

Appears in 1 contract

Sources: Merger Agreement (Envirogen Inc)