Common use of ASSIGNMENT; SUCCESSORS; NO THIRD-PARTY RIGHTS Clause in Contracts

ASSIGNMENT; SUCCESSORS; NO THIRD-PARTY RIGHTS. No Member or Manager may assign any of its/his rights or delegate or cause to be assumed any of its/his obligations under this Agreement, other than to a Substitute Member to whom a Member has Transferred Units in accordance with this Agreement, without the prior written consent of each other Member. Subject to the preceding sentence, this Agreement shall apply to, be binding in all respects upon and inure to the benefit of the heirs, executors, personal representatives, successors and assigns of the Company and the Members. Nothing expressed or referred to in this Agreement shall be construed to give any Person other than the Parties any legal or equitable right, remedy or claim under or with respect to this Agreement, except such rights as shall inure to an heir, executor, personal representative successor or permitted assign pursuant to this Section 14.8.