Common use of Assignment and Benefits Clause in Contracts

Assignment and Benefits. All the terms and conditions of this Agreement shall be binding upon, inure of the benefit of, and is enforceable by the respective successors and permitted assigns of the parties hereto. Except as specifically stated in this Agreement, neither this Agreement nor any of the rights, interests or obligations of any party hereunder shall be assigned or delegated by either party hereto without the prior written consent of the other. Such consent shall not be withheld unreasonably. Any unauthorized assignment or delegation shall be null and void. Notwithstanding the foregoing, either party may assign or otherwise transfer its rights and obligations to successors in interest (whether by purchase of stock or assets, merger, operation of law, or otherwise) of that portion of its business related to the subject matter hereof.

Appears in 2 contracts

Samples: Strategic Alliance and Marketing Agreement (Objective Communications Inc), Strategic Alliance and Marketing Agreement (Objective Communications Inc)

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Assignment and Benefits. All of the terms and conditions of this Agreement shall be binding upon, inure of to the benefit of, and is be enforceable by the respective successors and permitted assigns of the parties hereto. Except as specifically stated in this Agreement, neither this Agreement nor any of the rights, interests or obligations of any party hereunder shall be assigned or delegated by either party hereto without the prior written consent of the other. Such consent shall not be withheld unreasonably. Any unauthorized assignment or delegation shall be null and void. Notwithstanding the foregoing, either party may assign or otherwise transfer its rights and obligations to its subsidiaries, or successors in interest (whether by purchase of stock or assets, merger, operation of law, or otherwise) of that portion of its business related to the subject matter hereof.

Appears in 1 contract

Samples: Product and Component Agreement (Power One Inc)

Assignment and Benefits. All of the terms and conditions of this Agreement shall be binding upon, inure of to the benefit of, and is be enforceable by the respective successors and permitted assigns of the parties hereto. Except as specifically stated in this Agreement, neither this Agreement nor any of the rights, interests or obligations of any party hereunder shall be assigned or delegated by either party hereto without the prior written consent of the other. Such consent shall not be withheld unreasonably. Any unauthorized assignment or delegation shall be null and void. Notwithstanding the foregoing, either party may assign or otherwise transfer its rights and obligations to successors in interest (whether by purchase of stock or assets, merger, operation of law, or otherwise) of that portion of its business related to the subject matter hereof.

Appears in 1 contract

Samples: License Agreement (Infoactiv Inc)

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Assignment and Benefits. All of the terms and conditions of this Agreement shall be binding upon, inure of to the benefit of, and is be enforceable by the respective successors and permitted assigns of the parties hereto. Except as specifically stated in this Agreement, neither this Agreement nor any of the rights, interests or obligations of any party hereunder shall be assigned or delegated by either party hereto without the prior written consent of the other. Such consent shall not be withheld unreasonably. Any unauthorized assignment or delegation shall be null and void. Notwithstanding the foregoing, either party may assign or otherwise transfer its rights and obligations to successors in interest (whether by purchase of stock or assets, merger, operation of law, or otherwise) of that portion of its business related to the subject matter hereof.hereof without the consent of the other party; provided, however, UNISYS may not assign its rights and obligations to any of the parties then listed on Addendum E.

Appears in 1 contract

Samples: Software License Agreement (Open Solutions Inc)

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