Common use of Assignment; Parties in Interest Clause in Contracts

Assignment; Parties in Interest. Neither this Agreement nor any of the rights, interests or obligations hereunder may be assigned by any of the parties hereto (whether by operation of Law or otherwise) without the prior written consent of the other parties. Subject to the foregoing, this Agreement shall be binding upon and inure solely to the benefit of each party hereto, and nothing in this Agreement, express or implied, is intended to or shall confer upon any Person not a party hereto any right, benefit or remedy of any nature whatsoever under or by reason of this Agreement, including to confer third party beneficiary rights.

Appears in 5 contracts

Samples: Voting and Tender Agreement (Semele Group Inc), Escrow Agreement (PLM International Inc), Voting and Tender Agreement (PLM International Inc)

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Assignment; Parties in Interest. Neither this Agreement nor any of the rights, interests rights or obligations hereunder may shall be assigned by any of the parties hereto (whether by operation of Law or otherwise) Party without the prior written consent of the other partiesParty. Subject to the foregoing, this This Agreement shall be binding upon and inure solely to the benefit of each party heretoParty hereto and its successors and permitted assigns, and nothing in this Agreement, express or implied, is intended to or shall confer upon any other Person not a party hereto any right, benefit rights or remedy remedies of any nature whatsoever under or by reason of this Agreement, including other than Article IX hereof (which is intended to confer third be for the benefit of the Persons covered thereby and may be enforced by such Persons). There are no third-party beneficiary rightsbeneficiaries to this Agreement.

Appears in 3 contracts

Samples: Intellectual Property Purchase Agreement (Enigma-Bulwark, LTD), Intellectual Property Purchase Agreement (Enigma-Bulwark, LTD), Intellectual Property Purchase Agreement (Parallax Health Sciences, Inc.)

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