Common use of Assignment; Third Party Beneficiaries Clause in Contracts

Assignment; Third Party Beneficiaries. This Agreement may not be assigned by either party; provided, however, that NRFC may assign its obligations under this Agreement to any one or more of its Affiliates, but no such assignments shall relieve NRFC of its obligations hereunder. This Agreement shall inure to the benefit of and shall be binding upon the heirs, executors, administrators, legal representatives, successors and assigns of the parties hereto.

Appears in 22 contracts

Samples: Distribution Support Agreement (NorthStar Real Estate Income II, Inc.), Distribution Support Agreement (NorthStar Real Estate Income II, Inc.), Distribution Support Agreement (NorthStar Real Estate Income II, Inc.)

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Assignment; Third Party Beneficiaries. This Agreement may not be assigned by either partyany of the parties; provided, however, that each of NRFC and RXR may assign its obligations under this Agreement to any one or more of its Affiliates, but no such assignments shall relieve NRFC or RXR of its obligations hereunder. This Agreement shall inure to the benefit of and shall be binding upon the heirs, executors, administrators, legal representatives, successors and assigns of the parties hereto.

Appears in 5 contracts

Samples: Distribution Support Agreement (NorthStar/RXR New York Metro Real Estate, Inc.), Distribution Support Agreement (NorthStar/RXR New York Metro Real Estate, Inc.), Distribution Support Agreement (NorthStar/RXR New York Metro Real Estate, Inc.)

Assignment; Third Party Beneficiaries. This Agreement may not be assigned by either partyany of the parties; provided, however, that each of NRFC and OZCI may assign its obligations under this Agreement to any one or more of its Affiliates, but no such assignments shall relieve NRFC or OZCI of its obligations hereunder. This Agreement shall inure to the benefit of and shall be binding upon the heirs, executors, administrators, legal representatives, successors and assigns of the parties hereto.

Appears in 4 contracts

Samples: Distribution Support Agreement (NorthStar Corporate Income Fund-T), Distribution Support Agreement (NorthStar Corporate Income Master Fund), Distribution Support Agreement (NorthStar Global Corporate Income Fund)

Assignment; Third Party Beneficiaries. This Agreement may not be assigned by either party; provided, however, that NRFC may assign its obligations under this Agreement to any one or more of its Affiliates, but no such assignments shall relieve NRFC of its obligations hereunder. This Agreement shall inure to the benefit of and shall be binding upon the heirs, executors, administrators, legal representatives, successors and assigns of the parties hereto.

Appears in 1 contract

Samples: Distribution Support Agreement (NorthStar Real Estate Income Trust, Inc.)

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Assignment; Third Party Beneficiaries. This Agreement may not be assigned by either party; provided, however, that NRFC may assign its obligations under this Agreement to any one or more of its Affiliates, but no such assignments shall relieve NRFC of its obligations hereunder. This Agreement shall inure to the benefit of and shall be binding upon the heirs, executors, administrators, legal representatives, successors and assigns of the parties hereto. 8.

Appears in 1 contract

Samples: Distribution Support Agreement

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