Common use of Assignment; Binding Upon Successors and Assigns Clause in Contracts

Assignment; Binding Upon Successors and Assigns. Neither party ----------------------------------------------- hereto may assign any of its rights or obligations hereunder without the prior written consent of the other party hereto, except that (i) the Company may assign its respective rights to any wholly-owned subsidiary of the Company, and (ii) the Company may assign its rights and obligations hereunder without the prior written consent of Holder in connection with a merger, consolidation or sale of all or substantially all of the Company's assets, provided that the acquiring or surviving entity agrees to assume all of the Company's obligations under this Warrant and substitutes a warrant for its own shares for this Warrant. This Warrant will be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

Assignment; Binding Upon Successors and Assigns. Neither ----------------------------------------------- party ----------------------------------------------- hereto may assign any of its rights or obligations hereunder without the prior written consent of the other party hereto, except that (i) the Company may assign its respective rights to any wholly-owned subsidiary of the Company, and (ii) the Company may assign its rights and obligations hereunder without the prior written consent of Holder in connection with a merger, consolidation or sale of all or substantially all of the Company's assets, provided that the acquiring or surviving entity agrees to assume all of the Company's obligations under this Warrant and substitutes a warrant for its own shares for this Warrant. This Warrant will be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

Assignment; Binding Upon Successors and Assigns. Neither party ----------------------------------------------- ---------- hereto may assign any of its rights or obligations hereunder without the prior written consent of the other party hereto, except that (i) the Company may assign its respective rights to any wholly-owned subsidiary of the Company, and (ii) the Company may assign its rights and obligations hereunder without the prior written consent of Holder in connection with a merger, consolidation or sale of all or substantially all of the Company's assets, provided that the acquiring or surviving entity agrees to assume all of the Company's obligations under this Warrant and substitutes a warrant for its own shares for this Warrant. This Warrant will be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

Assignment; Binding Upon Successors and Assigns. Neither party ----------------------------------------------- hereto may assign any of its rights or obligations hereunder without the prior written consent of the other party hereto, except that (i) the Company may assign its respective rights to any wholly-wholly- owned subsidiary of the Company, and (ii) the Company may assign its rights and obligations hereunder without the prior written consent of Holder in connection with a merger, consolidation or sale of all or substantially all of the Company's assets, provided that the acquiring or surviving entity agrees to assume all of the Company's obligations under this Warrant and substitutes a warrant for its own shares for this Warrant. This Warrant will be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.