Common use of Assignment of Rights to the Escrow Fund; Assignment of Obligations; Successors Clause in Contracts

Assignment of Rights to the Escrow Fund; Assignment of Obligations; Successors. This Agreement may not be assigned by operation of Law or otherwise without the express written consent of the other parties hereto (which consent may be granted or withheld in the sole discretion of such other parties). This Agreement shall be binding upon and inure solely to the benefit of the parties hereto and their permitted assigns.

Appears in 2 contracts

Samples: Lock Box Agreement (General Steel Holdings Inc), Escrow Agreement (Pdi LLC)

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Assignment of Rights to the Escrow Fund; Assignment of Obligations; Successors. This Agreement may not be assigned by operation of Law law or otherwise without the express written consent of the other parties hereto (which consent consent, may be granted or withheld in the sole discretion of such other parties). This Agreement shall be binding upon and inure solely to the benefit of the parties hereto and their permitted assigns.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Credit Suisse First Boston/), Escrow Agreement (Credit Suisse First Boston/)

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Assignment of Rights to the Escrow Fund; Assignment of Obligations; Successors. This Agreement may not be assigned by operation of Law law or otherwise without the express written consent of the other parties hereto (which consent may be granted or withheld in the sole discretion of such other parties); provided, however, that this sentence shall in no way limit the rights of the holders of LLC Interests under Section 16 hereof following the Effective Time. This Agreement shall be binding upon and inure solely to the benefit of the parties hereto and their permitted assigns.

Appears in 1 contract

Samples: Merger Agreement (Boston Chicken Inc)

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