Common use of Assignment and Effect Clause in Contracts

Assignment and Effect. This Agreement may not be assigned by Owner unless such assignment has first been approved in writing by Agent. This Agreement shall be binding upon the successors and assigns of the parties. This Agreement may not be modified except by a written document signed by an authorized representative of each party. No independent party or realtor has any authority to modify the terms of this Agreement or make representations on behalf of Agent. Any notices or statements required by this Agreement shall be sent to one of the addresses set forth herein, or to such address as the parties later direct.