Common use of Assignment; Successors and Assigns; Third Party Beneficiaries Clause in Contracts

Assignment; Successors and Assigns; Third Party Beneficiaries. This Agreement and all rights and obligations hereunder shall not be assignable by any party without the written consent of the other parties, except to a successor to such party by merger or consolidation or an assignee of substantially all of the assets of such party. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and permitted assigns. This Agreement is not intended and shall not be construed to create any rights in or to be enforceable in any part by any other Person.

Appears in 15 contracts

Samples: Transaction Agreement (Industrial Logistics Properties Trust), Transaction Agreement (Industrial Logistics Properties Trust), Purchase and Sale Agreement (Five Star Senior Living Inc.)

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Assignment; Successors and Assigns; Third Party Beneficiaries. This Agreement and all rights and obligations hereunder shall not be assignable by any party without the written consent of the other parties, except to a successor to such party by merger or consolidation or an assignee of substantially all of the assets of such party. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and permitted assigns. This Agreement is not intended and shall not be construed to create any rights in or to be enforceable in any part by any other Person, except that each Benefited Party is a third party beneficiary of SECTION 3.1.

Appears in 4 contracts

Samples: Transaction Agreement (Hospitality Properties Trust), Transaction Agreement (Travelcenters of America LLC), Transaction Agreement (Travelcenters of America LLC)

Assignment; Successors and Assigns; Third Party Beneficiaries. This Agreement and all rights and obligations hereunder shall not be assignable by any either party without the written consent of the other parties, except to a successor to party and any such party by merger or consolidation or an assignee of substantially all assignment in violation of the assets of such partyforegoing shall be null and void. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto each party and their respective successors its successors, heirs, legal representatives and permitted assigns. This Except as provided in Article 7, this Agreement is not intended and shall not be construed to create confer upon any Person other than the parties any rights in or to be enforceable in any part by any other Personremedies hereunder.

Appears in 1 contract

Samples: Master Transaction Agreement (PACIFIC GAS & ELECTRIC Co)

Assignment; Successors and Assigns; Third Party Beneficiaries. This Neither this Agreement and all nor any of the rights and or obligations hereunder shall not may be assignable assigned by any party without the prior written consent of the other parties. Subject to the foregoing, except to a successor to such party by merger or consolidation or an assignee of substantially all of the assets of such party. This this Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and permitted assigns. This , and no other Person shall have any right, benefit or obligation under this Agreement is not intended and shall not be construed to create any rights in as a third party beneficiary or to be enforceable in any part by any other Personotherwise.

Appears in 1 contract

Samples: Agreement for Plan of Arrangement (Biomarin Pharmaceutical Inc)

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Assignment; Successors and Assigns; Third Party Beneficiaries. This Agreement and all rights and obligations hereunder shall not be assignable by any party without the written consent of the other parties, except to a successor to such party by merger or consolidation or an assignee of substantially all of the assets of such party. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and permitted assigns. This Except as specified in Section 6.1, this Agreement is not intended and shall not be construed to create any rights in or to be enforceable in any part by any other Person.

Appears in 1 contract

Samples: Management Agreement (Service Properties Trust)

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