Common use of Assignment, Successors and No Third Party Rights Clause in Contracts

Assignment, Successors and No Third Party Rights. Neither party may assign any of its rights under this Agreement without the prior consent of the other party, except that the Purchaser may assign any of its rights under this Agreement to any "affiliate" of the Purchaser as defined in Regulation D of the Act including, but not limited to, Protection One, Inc. following the closing of the proposed transaction in which Western Resources, Inc. shall acquire not less than 50% of the outstanding equity of Protection One, Inc. Subject to the preceding sentence, this Agreement will apply to, be binding in all respects upon, and inure to the benefit of the successors and permitted assigns of the parties. Nothing expressed or referred to in this Agreement will be construed to give any person other than the parties to this Agreement any legal or equitable right, remedy or claim under or with respect to this Agreement or any provision of this Agreement. This Agreement and all of its provisions and conditions are for the sole and exclusive benefit of the parties to this Agreement and their successors and assigns.