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

Assignment; Successors and Assigns; Third Party Beneficiaries. This Agreement shall not be assignable by any Party without the express prior written consent of the other Parties and any such assignment shall be null and void, except that (i) each of the Parties may assign all or a portion of its rights and remedies (but none of its obligations) under this Agreement to one or more of its respective Affiliates, including any special purpose entity formed in connection with the transactions contemplated by this Agreement and (ii) Crown, the Tower Operator and, after the Initial Closing, the Sale Site Subsidiaries may assign all or any portion of their rights and remedies to its lenders. This Agreement shall be binding upon and inure solely to the benefit of each Party and its successors and permitted assigns, and nothing in this Agreement, express or implied, is intended to or shall confer upon any Person any right, benefit or remedy of any nature whatsoever under or by reason of this Agreement, except for Section 12.1, which is intended to benefit and may be enforced by any of the Crown Indemnified Parties and Section 12.2, which is intended to benefit and may be enforced by any of the T-Mobile Indemnified Parties.

Assignment; Successors and Assigns; Third Party Beneficiaries. This Agreement shall not be assignable by any Party without the express prior written consent of the other Parties and any such assignment shall be null and void; provided, except however, that (i) each the Buyer and the Tower Operator may, without the other Party’s prior written consent, assign its right, title, and interest in and to this Agreement to an Affiliate, to a purchaser of all or substantially all of the equity interests or assets of such Parties may assign (whether by merger, reorganization, acquisition or otherwise) or as collateral security to any lender of the Buyer or its Affiliates, in which case the Buyer and the Tower Operator, as applicable, shall nonetheless remain responsible for the performance of all or a portion of its rights and remedies (but none of its obligations) assignee’s obligations under this Agreement to one or more and shall be responsible for any breach of its respective Affiliates, including any special purpose entity formed in connection with the transactions contemplated by this Agreement and (ii) Crown, the Tower Operator and, after the Initial Closing, the Sale Site Subsidiaries may assign all or any portion of their rights and remedies to by its lenderspermitted assignee under this Section 13.6. This Agreement shall be binding upon and inure solely to the benefit of each Party and its successors and permitted assignssuccessors, and nothing in this Agreement, express or implied, is intended to or shall confer upon any Person any right, benefit or remedy of any nature whatsoever under or by reason of this Agreement, except for Section 12.111.1, which is intended to benefit and may be enforced by any of the Crown Buyer Indemnified Parties and Section 12.211.2, which is intended to benefit and may be enforced by any of the T-Mobile Cumulus Indemnified Parties.

Assignment; Successors and Assigns; Third Party Beneficiaries. This Agreement shall not be assignable by any Party without the express prior written consent of the other Parties and any such assignment shall be null and void, except that (i) each of the Parties may assign all or a portion of its rights and remedies (but none of its obligations) under this Agreement to one or more of its respective Affiliates, including any special purpose entity formed in connection with the transactions contemplated by this Agreement and (ii) Crown, the Tower Operator and, after the Initial Closing, the Sale Site Subsidiaries may assign all or any portion of their rights and remedies to its lenders. This Agreement shall be binding upon and inure solely to the benefit of each Party and its successors and permitted assigns, and nothing in this Agreement, express or implied, is intended to or shall confer upon any Person any right, benefit or remedy of any nature whatsoever under or by reason of this Agreement, except for Section 12.1, which is intended to benefit and may be enforced by any of the Crown Indemnified Parties and Section 12.2, which is intended to benefit and may be enforced by any of the T-Mobile Indemnified Parties.. 93