Common use of Assignment; Binding Effect; No Third Party Beneficiaries Clause in Contracts

Assignment; Binding Effect; No Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any of the parties hereto (whether by operation of law or otherwise) without the prior written consent of the other party. Subject to the preceding sentence, this Agreement (including the obligations of each Stockholder under Sections 1 and 2 hereof) shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns. Notwithstanding anything contained in this Agreement to the contrary, nothing in this Agreement, expressed or implied, is intended to confer on any person other than the parties hereto or their respective successors and assigns any rights, remedies, obligations or liabilities under or by reason of this Agreement.

Appears in 5 contracts

Samples: Voting Agreement (Sonat Inc), Voting Agreement (El Paso Energy Corp/De), Voting Agreement (Zilkha Selim K)

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Assignment; Binding Effect; No Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any of the parties hereto (whether by operation of law or otherwise) without the prior written consent of Parent and the other partyCompany. Subject to the preceding sentence, this Agreement (including the obligations of each Stockholder under Sections 1 and 2 hereof) shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns. Notwithstanding anything contained in this Agreement to the contrary, except for Section 6.9 (Insurance; Indemnity), nothing in this Agreement, expressed or implied, is intended to confer on any person other than the parties hereto or their respective successors and assigns any rights, remedies, obligations or liabilities under or by reason of this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Zilkha Michael), Agreement and Plan of Merger (Sonat Inc)

Assignment; Binding Effect; No Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any of the parties hereto (whether by operation of law or otherwise) without the prior written consent of the other party. Subject to the preceding sentence, this Agreement (including including, without limitation, the obligations of each Stockholder the Shareholder under Sections Section 1 and Section 2 hereof) shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns. Notwithstanding anything contained in this Agreement to the contrary, nothing in this Agreement, expressed or implied, is intended to confer on any person other than the parties hereto or their respective successors and assigns any rights, remedies, obligations or liabilities under or by reason of this Agreement. Notwithstanding the foregoing, Purchaser may assign this agreement to one or more of its affiliates.

Appears in 2 contracts

Samples: Voting Agreement (Prophet 21 Inc), Voting Agreement (Prophet 21 Inc)

Assignment; Binding Effect; No Third Party Beneficiaries. Neither No party may assign either this Agreement nor or any of the its rights, interests interests, remedies, liabilities, or obligations hereunder shall be assigned by any of the parties hereto (whether by operation of law or otherwisei) without the prior written consent approval of the other partyparties or (ii) except in accordance with the express provisions of this Agreement. Subject to All of the preceding sentenceterms, agreements, covenants, representations, warranties, and conditions of this Agreement (including the obligations of each Stockholder under Sections 1 are binding upon, and 2 hereof) shall be binding upon and shall inure to the benefit of and are enforceable by, the parties hereto Parties and their respective successors and permitted assigns. Notwithstanding anything contained Nothing expressed or implied in this Agreement to the contrary, nothing in this Agreement, expressed or implied, is intended or will be construed to confer on upon or give any person Person, other than the parties hereto or hereto, and their respective successors and assigns permitted assigns, any rights, remedies, obligations right or liabilities remedies under or by reason of this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (WeWork Inc.)

Assignment; Binding Effect; No Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any of the parties hereto (whether by operation of law or otherwise) without the prior written consent of the other party. Subject to the preceding sentence, this Agreement (including including, without limitation, the obligations of each Stockholder Shareholder under Sections Section 1 and Section 2 hereof) shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns. Notwithstanding anything contained in this Agreement to the contrary, nothing in this Agreement, expressed or implied, is intended to confer on any person other than the parties hereto or their respective successors and assigns any rights, remedies, obligations or liabilities under or by reason of this Agreement. Notwithstanding the foregoing, Purchaser may assign this agreement to one or more of its affiliates.

Appears in 1 contract

Samples: Voting Agreement (Xxi Merger Corp)

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Assignment; Binding Effect; No Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any of the parties hereto (whether by operation of law or otherwise) without the prior written consent of the other party. Subject to the preceding sentence, this Agreement (including including, without limitation, the obligations of each Stockholder under Sections 1 and 2 hereof) shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns. Notwithstanding anything contained in this Agreement to the contrary, nothing in this Agreement, expressed or implied, is intended to confer on any person other than the parties hereto or their respective successors and assigns any rights, remedies, obligations or liabilities under or by reason of this Agreement. Notwithstanding the foregoing, Honeywell may assign this agreement to one or more of its affiliates.

Appears in 1 contract

Samples: Voting Agreement (Ultrak Inc)

Assignment; Binding Effect; No Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any of the parties hereto (whether by operation of law or otherwise) without the prior written consent of the other party. Subject to the preceding sentence, this Agreement (including including, without limitation, the obligations of each the Stockholder under Sections 1 and 2 hereof) shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns. Notwithstanding anything contained in this Agreement to the contrary, nothing in this Agreement, expressed or implied, is intended to confer on any person other than the parties hereto or their respective successors and assigns any rights, remedies, obligations or liabilities under or by reason of this Agreement. Notwithstanding the foregoing, Honeywell may assign this agreement to one or more of its affiliates.

Appears in 1 contract

Samples: Voting Agreement (Ultrak Inc)

Assignment; Binding Effect; No Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any of the parties hereto (whether by operation of law or otherwise) without the prior written consent of the other party. Subject to the preceding sentence, this Agreement (including including, without limitation, the obligations of each the Stockholder under Sections 1 and 2 hereof) shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns. Notwithstanding anything contained in this Agreement to the contrary, nothing in this Agreement, expressed or implied, is intended to confer on any person other than the parties hereto or their respective successors and assigns any rights, remedies, obligations or liabilities under or by reason of this Agreement. Notwithstanding the foregoing, Parent may assign this agreement to one or more of its affiliates.

Appears in 1 contract

Samples: Voting and Stock Option Agreement (Merck & Co Inc)

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