Common use of Assignment; No Third-Party Rights Clause in Contracts

Assignment; No Third-Party Rights. This Agreement and all of the provisions hereof shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, but neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any party hereto without the prior written consent of the other party. Except as set forth in Section 7.2, this Agreement and its provisions are for the sole benefit of the parties to this Agreement and their successors and permitted assigns and shall not give any other Person any legal or equitable right, remedy or claim.

Appears in 2 contracts

Samples: Asset Purchase Agreement (International Textile Group Inc), Asset Purchase Agreement (Culp Inc)

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Assignment; No Third-Party Rights. This Agreement and all of the provisions hereof shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, but neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any party hereto without the prior written consent of the other partyparties hereto. Except as expressly set forth in Section 7.2Article VI, this Agreement and its provisions are for the sole benefit of the parties to this Agreement and their successors and permitted assigns and shall not give any other Person any legal or equitable right, remedy or claim.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Terra Tech Corp.), Asset Purchase Agreement (Multimedia Platforms Inc.)

Assignment; No Third-Party Rights. This Agreement and all of the provisions hereof shall be binding upon and inure to the benefit of the parties Parties hereto and their respective successors and permitted assigns, but neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any party Party hereto without the prior written consent of the other partyParty. Except as set forth in Section 7.2, this This Agreement and its provisions are for the sole benefit of the parties Parties to this Agreement and their successors and permitted assigns and shall not give any other Person any legal or equitable right, remedy or claim.

Appears in 1 contract

Samples: Asset Purchase Agreement (MiddleBrook Pharmaceuticals, Inc.)

Assignment; No Third-Party Rights. This Agreement and all of the provisions hereof shall will be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, but neither this Agreement nor any of the rights, interests or obligations hereunder shall will be assigned by any party hereto without the prior written consent of the other party; provided that the Buyer Entities will have the right to assign their rights hereunder to any of their Affiliates without such consent. Except as expressly set forth in Section 7.2, this Agreement and its provisions are for the sole benefit of the parties to this Agreement and their successors and permitted assigns and shall not give any other Person any legal or equitable right, remedy or claim.in

Appears in 1 contract

Samples: Purchase Agreement (Enpro Industries, Inc)

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Assignment; No Third-Party Rights. This Agreement and all of the provisions hereof shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, but neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any party hereto without the prior written consent of the other party. Except as set forth in Section 7.28.2, this Agreement and its provisions are for the sole benefit of the parties to this Agreement and their successors and permitted assigns and shall not give any other Person any legal or equitable right, remedy or claim.

Appears in 1 contract

Samples: Asset Purchase Agreement (Champion Industries Inc)

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