Common use of Assignment; Parties in Interest Clause in Contracts

Assignment; Parties in Interest. This Agreement may not be pledged, assigned or otherwise transferred by the Purchasers except by operation of law but all the terms and provision of this Agreement shall be binding upon and inure to the benefit of and be enforced by the successors in interest of the parties hereto. Each successive transferee of the Purchasers shall be deemed to be a Purchaser for the purpose of Section 5 of this Agreement.

Appears in 8 contracts

Samples: Stock and Warrant Purchase Agreement (Questcor Pharmaceuticals Inc), Common Stock Purchase Agreement (Questcor Pharmaceuticals Inc), Stock and Warrant Purchase Agreement (Novavax Inc)

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Assignment; Parties in Interest. This Agreement may not be pledged, assigned or otherwise transferred by the Purchasers Purchaser except by operation of law but all the terms and provision of this Agreement shall be binding upon and inure to the benefit of and be enforced by the successors in interest of the parties hereto. Each successive transferee of the Purchasers shall be deemed to be a Purchaser for the purpose of Section 5 of this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Questcor Pharmaceuticals Inc), Stock and Warrant Purchase Agreement (Questcor Pharmaceuticals Inc)

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