Common use of Assignment and Related Matters Clause in Contracts

Assignment and Related Matters. Neither party may assign this Agreement, or any of its rights or obligations hereunder (in whole or in part) except with the prior written consent of the other party; provided, however that either party may assign this Agreement, without the other party’s consent, in whole (but not in part) to a successor in interest to the business of such party in connection with a merger, sale of substantially all of its assets, change of control or by operation of law, or to an Affiliate, provided that (i) the assignee agrees to assume the obligations under this Agreement in writing and has adequate resources to meet its obligations hereunder; (ii) the assignment shall not change the scope of work to be performed under any Order Form then in effect ; and (iii) the assignee is not a competitor of the non-assigning party. The terms of this Agreement shall be binding upon the permitted successors and assigns of each party. Veracode may use subcontractors in connection with the performance of the Solution provided that Veracode shall be responsible for the acts and omissions of its subcontractors to the same extent as Veracode would be responsible hereunder for its own acts and omissions.

Assignment and Related Matters. Neither party may assign this Agreement, or any of its rights or obligations hereunder (in whole or in part) except with the prior written consent of the other party; provided, however that either party may assign this Agreement, without the other party’s consent, in whole (but not in part) to a successor in interest to the business of such party in connection with a merger, sale of substantially all of its assets, change of control or by operation of law, or to an Affiliate, provided that (i) the assignee agrees to assume the obligations under this Agreement in writing and has adequate resources to meet its obligations hereunder; (ii) the assignment shall not change the scope of work to be performed under any Order Form then in effect effect; and (iii) the assignee is not a competitor of the non-assigning party. The terms of this Agreement shall be binding upon the permitted successors and assigns of each party. Veracode may use subcontractors in connection with the performance of the Solution provided that Veracode shall be responsible for the acts and omissions of its subcontractors to the same extent as Veracode would be responsible hereunder for its own acts and omissions.