Common use of Assignment; Successors in Interest Clause in Contracts

Assignment; Successors in Interest. No assignment or transfer by any party of its respective rights and obligations hereunder shall be made except with the prior written consent of the other parties hereto, except Buyer shall be permitted to assign its rights and obligations hereunder to one of its Affiliates, but no such assignment will release Buyer from its obligations hereunder. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their successors and permitted assigns and any reference hereto shall also be a reference to a permitted successor or assign.

Appears in 7 contracts

Samples: Asset Purchase Agreement (INX Inc), Asset Purchase Agreement (INX Inc), Asset Purchase Agreement (I Sector Corp)

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Assignment; Successors in Interest. No Except for assignment or transfer by any party Buyer to Seller, no assignment or transfer by Buyer or Seller of its their respective rights and obligations hereunder prior to the Closing shall be made except with the prior written consent of the other parties hereto, except Buyer shall be permitted to assign its rights and obligations hereunder to one of its Affiliates, but no such assignment will release Buyer from its obligations hereunder. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their permitted successors and permitted assigns and assigns, including the owners of Seller in the event of Seller’s dissolution, but no assignment shall relieve any reference hereto shall also be a reference to a permitted successor or assignparty of its obligations hereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Silver Falcon Mining, Inc.)

Assignment; Successors in Interest. No assignment or transfer by any party of its respective rights and obligations hereunder shall be made except with the prior written consent of the other parties hereto, except the Buyer shall be permitted to assign its rights and obligations hereunder to one of its Affiliates, but no such assignment will release the Buyer from its obligations hereunder. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their successors and permitted assigns and any reference hereto shall also be a reference to a permitted successor or assign.

Appears in 1 contract

Samples: Asset Purchase Agreement (I Sector Corp)

Assignment; Successors in Interest. No assignment or transfer by any party ---------------------------------- Purchaser or Seller of its their respective rights and obligations hereunder shall be made except with the prior written consent of the other parties hereto, except Buyer which consent shall not be permitted to assign its rights and obligations hereunder to one of its Affiliates, but no such assignment will release Buyer from its obligations hereunderunreasonably withheld. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their permitted successors and permitted assigns assigns, and any reference to a party hereto shall also be a reference to a permitted successor or assign.

Appears in 1 contract

Samples: Asset Purchase Agreement (Westower Corp)

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Assignment; Successors in Interest. No assignment or transfer by any party Purchaser or Seller of its respective rights and obligations hereunder shall be made except with the prior written consent of the other parties hereto, except Buyer ; provided that Purchaser shall be permitted entitled to assign its rights and obligations hereunder to one any direct or indirect wholly owned subsidiary of its Affiliates, but no such assignment will release Buyer from Purchaser so long as Purchaser remains directly liable for the performance of its obligations hereunder. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their permitted successors and permitted assigns assigns, and any reference to a party hereto shall also be a reference to a permitted successor or assign.

Appears in 1 contract

Samples: Asset Purchase Agreement (Dan River Inc /Ga/)

Assignment; Successors in Interest. No assignment or transfer by any party Buyer or Seller of its their respective rights and obligations hereunder shall be made except with the prior written consent of the other parties hereto, except Buyer shall be permitted to assign its rights and obligations hereunder to one of its Affiliates, but no such assignment will release Buyer from its obligations hereunder. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their permitted successors and permitted assigns and assigns, but no assignment shall relieve any party of its obligations hereunder. Any reference hereto shall also be a reference to a permitted successor or assign.

Appears in 1 contract

Samples: Share Purchase Agreement (Harbinger Corp)

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