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

Assignment; No Third-Party Rights. This Agreement shall not be assignable by any party hereto without the prior written consent of the other party, except that Purchaser may assign any of its rights under this Agreement to any subsidiary or affiliate of Purchaser. This Agreement will be binding upon and inure to the benefit of the parties hereto and their successors and permitted assigns. Nothing expressed or referred to in this Agreement will give any person or entity other than the parties to this Agreement any legal or equitable right, remedy or claim under or with respect to this Agreement.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Medgenesis Inc), Asset Purchase Agreement (Chronimed Inc), Asset Purchase Agreement (Medgenesis Inc)

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Assignment; No Third-Party Rights. This Agreement shall be binding upon and shall inure to the benefit of, and be enforceable by, the parties hereto and their permitted successors and assigns. This Agreement may not be assignable assigned by any either party hereto without the prior written consent of the other partyother, except that Purchaser Seller may assign any of its and all rights under this Agreement to any subsidiary or affiliate of Purchaser. This Agreement will be binding upon and inure to the benefit of the parties hereto and their successors and permitted assigns. Nothing expressed or referred to in this Agreement will give any person or entity other than the parties receive payment pursuant to this Agreement any legal or equitable right, remedy or claim under or with respect to this Agreementwithout such consent.

Appears in 1 contract

Samples: Asset Purchase Agreement (Genesis Worldwide Inc)

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