Common use of Assignment; Binding Nature Clause in Contracts

Assignment; Binding Nature. This Agreement shall not be assignable by either party hereto without the express prior written consent of the other party, except to the successor or assignee of all or substantially all of the assignor’s business to which the Agreement relates. When duly assigned in accordance herewith, this Agreement shall be binding on and inure to the benefit of each party’s successors and assignees.

Appears in 3 contracts

Samples: Supply Agreement, Supply Agreement (Innophos Investment Holdings, Inc.), Supply Agreement (Innophos Investment Holdings, Inc.)

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Assignment; Binding Nature. This The rights and obligations of each Party under this Agreement shall not be assignable be, in full or in part, assigned or delegated by either party hereto such Party without the express prior written consent of the other party, except Party. Subject to the successor or assignee of all or substantially all of the assignor’s business to which the Agreement relates. When duly assigned in accordance herewithforegoing, this Agreement shall be binding on upon and inure to the benefit of each party’s the Parties and their respective successors and assigneespermitted assigns.

Appears in 1 contract

Samples: Services Agreement (Penske Automotive Group, Inc.)

Assignment; Binding Nature. This Agreement shall not be assignable by either party hereto without the express prior written consent of the other party, except to the successor or assignee of all or substantially all of the assignor’s business to which the Agreement relates. When duly assigned in accordance herewith, this Agreement shall be binding on upon and inure to the benefit of each party’s of the Parties hereto and their respective successors and assigneespermitted assigns. No Party may assign its rights hereunder without the express written consent of the other Party. Any assignee must agree, in writing, to abide by the terms and conditions of this Agreement and that the Assigning Party shall continue to remain primarily liable for all obligations under this Agreement.

Appears in 1 contract

Samples: SLJW Consultants Fulfillment Agreement

Assignment; Binding Nature. This Except as specifically set forth herein, this Agreement shall not be assignable by either any party hereto without the express prior written consent of the other partyparties, except to the successor or assignee of which consent shall not be unreasonably withheld; provided, however, that Buyer may assign all or substantially all any part of the assignor’s business its rights under this Agreement to which the Agreement relatesan entity that is majority owned and controlled by Buyer or to Parent. When duly assigned in accordance herewith, this This Agreement shall be binding on upon and inure to the benefit of each party’s the parties hereto and their respective heirs, personal representatives, successors and assigneespermitted assigns.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sonic Foundry Inc)

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Assignment; Binding Nature. This Agreement shall bind and inure to the benefit of the parties hereto and their respective successors and permitted assigns, but shall not be assignable assigned by either any party hereto without the express prior written consent of the other party, except to the successor or assignee of all or substantially all of the assignor’s business to which the Agreement relatesparties. When duly assigned Nothing contained in accordance herewith, this Agreement shall be binding on is intended to confer upon any Person, other than the parties to this Agreement and inure to the benefit of each party’s their respective permitted successors and assigneesassigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement.

Appears in 1 contract

Samples: Consent Agreement (Kroll Inc)

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