Common use of Assignment Restricted Clause in Contracts

Assignment Restricted. Buyer’s rights and obligations under this Agreement shall not be assigned without the Seller’s prior written consent, and any assignment without such consent shall be void and have no effect. Seller may freely assign its rights and obligations under this Agreement without the consent of Buyer. Subject to the restriction on the assignment of this Agreement by Buyer, this Agreement shall inure to the benefit of and be binding on the parties and their respective heirs, personal representatives, successors, and assigns.

Appears in 7 contracts

Samples: Real Estate Purchase Agreement, Real Estate Purchase Agreement, Real Estate Purchase Agreement

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Assignment Restricted. BuyerSeller’s rights and obligations under this Agreement shall not be assigned without the SellerBuyer’s prior written consent, and any assignment without such consent shall be void and have no effect. Seller Buyer may freely assign its rights and obligations under this Agreement without notice to or the consent of BuyerSeller. Subject to the restriction on the assignment of this Agreement by BuyerSeller, this Agreement shall inure to the benefit of and be binding on the parties and their respective heirs, personal representatives, successors, and assigns.

Appears in 2 contracts

Samples: Real Estate Purchase Agreement, Real Estate Purchase Agreement

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