Common use of Assignment; Benefits Clause in Contracts

Assignment; Benefits. The rights (but not the obligations) of Parent -------------------- hereunder may be assigned, in whole or in part, to Sub or any other direct wholly-owned subsidiary of Parent, to the extent and for so long as it remains a direct wholly-owned subsidiary of Parent. Other than as permitted in the preceding sentence, this Agreement may not be assigned by any party hereto without the prior written consent of the other party. This Agreement shall be binding upon, and shall inure to the benefit of, the Holder, Parent and their respective successors and permitted assigns.

Assignment; Benefits. The rights (but not the obligations) of Parent -------------------- hereunder may be assigned, in whole or in part, to Merger Sub or any other direct wholly-or indirect wholly owned subsidiary of Parent, to the extent and for so long as it remains a direct wholly-or indirect wholly owned subsidiary of Parent. Other than as permitted in the preceding sentence, this Agreement may not be assigned by any party hereto without the prior written consent of the other party. This Agreement shall be binding upon, and shall inure to the benefit of, the Holder, Parent and their respective successors and permitted assigns.