Common use of Assignment and Waiver Clause in Contracts

Assignment and Waiver. The terms and conditions of this Agreement shall be binding on and inure to the benefit of the Parties hereto. No Party shall not assign or delegate any of their rights or obligations hereunder without the prior written consent of other Parties. Provided, however, the Members of the Syndicate may assign or transfer or create a trust in or over any of their respective rights or obligations under this Agreement to any of their respective Affiliates without the prior written consent of the other Parties and that the Members of the Syndicate shall be responsible for such activities carried out by its respective Affiliates in relation to the Offer. Any such person to whom such assignment or transfer has been duly and validly effected shall be referred to as a permitted assign.

Appears in 4 contracts

Samples: Escrow and Sponsor Bank Agreement, www.credobrands.in, www.emcure.com

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Assignment and Waiver. The terms and conditions of this Agreement shall be binding on and inure to the benefit of the Parties hereto. No Party shall not assign or delegate any of their rights or obligations hereunder without the prior written consent of other Parties. Provided, however, the Members of the Syndicate may assign or transfer or create a trust in or over any of their respective rights or obligations under this Agreement to any of their respective Affiliates without the prior written consent of the other Parties and that the Members of the Syndicate shall be responsible for such activities carried out by its respective Affiliates in relation to the OfferIssue. Any such person to whom such assignment or transfer has been duly and validly effected shall be referred to as a permitted assign.

Appears in 1 contract

Samples: Escrow and Sponsor Bank Agreement

Assignment and Waiver. The terms Other than as provided in this Agreement, the Parties do not intend to confer a benefit on any person that is not a party to this Agreement and conditions any provision of this Agreement shall not be binding on and inure enforceable by a person that is not a party to the benefit of the Parties heretothis Agreement. No Party shall not assign or delegate any of their its rights or obligations hereunder without the prior written consent of the other Parties. Provided; provided, however, that any of the Members of the Syndicate may assign or transfer or create a trust in or over any of their respective its rights or obligations (but not obligations) under this Agreement to any of their respective Affiliates an Affiliate without the prior written consent of the other Parties and that the Members of the Syndicate shall be responsible for such activities carried out by its respective Affiliates in relation to the OfferParties. Any such person to whom such assignment or transfer has been duly and validly effected shall be referred to as a permitted assign.

Appears in 1 contract

Samples: rkswamy.com

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Assignment and Waiver. β€Œ The terms and conditions of this Agreement shall be binding on and inure to the benefit of the Parties hereto. No Party shall not assign or delegate any of their rights or obligations hereunder without the prior written consent of other Parties. Provided, however, the Members of the Syndicate may assign or transfer or create a trust in or over any of their respective rights or obligations under this Agreement to any of their respective Affiliates without the prior written consent of the other Parties and that the Members of the Syndicate shall be responsible for such activities carried out by its respective Affiliates in relation to the Offer. Any such person to whom such assignment or transfer has been duly and validly effected shall be referred to as a permitted assign.

Appears in 1 contract

Samples: Escrow and Sponsor Bank Agreement

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