Common use of Assignment; Third Party Beneficiaries Clause in Contracts

Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement shall be assigned by either of the parties (whether by operation of law or otherwise) without the prior written consent of the other party. Subject to the preceding sentence, this Agreement shall be binding upon, inure to the benefit of and be enforceable by each of the parties and their respective successors and assigns. Except as otherwise specifically provided in Section 7.7, this Agreement (including the documents and instruments referred to in this Agreement) is not intended to and does not confer upon any Person other than the parties hereto any rights or remedies under this Agreement. Except as provided in Section 7.7 only, SIC and MDLY hereby agree that their respective representations, warranties and covenants set forth herein are solely for the benefit of the other parties hereto, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person other than the parties hereto any rights or remedies hereunder, including, without limitation, the right to rely upon such representations and warranties set forth herein. The parties hereto further agree that the rights of Third Party beneficiaries under Section 7.7 shall not arise unless and until the Effective Time occurs. The representations and warranties in this Agreement are the product of negotiations among the parties hereto and are for the sole benefit of the parties hereto. In some instances, the representations and warranties in this Agreement may represent an allocation among the parties hereto of risks associated with particular matters regardless of the knowledge of any of the parties hereto. Consequently, Persons other than the parties hereto may not rely upon the representations and warranties in this Agreement as characterizations of actual facts or circumstances as of the date of this Agreement or as of any other date.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Sierra Income Corp), Agreement and Plan of Merger (Medley Management Inc.), Merger Agreement (Medley Management Inc.)

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Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement shall be assigned by either of the parties (whether by operation of law or otherwise) without the prior written consent of the other party. Subject to the preceding sentence, this Agreement shall be binding upon, inure to the benefit of and be enforceable by each of the parties and their respective successors and assigns. Except as otherwise specifically provided in Section 7.77.6, this Agreement (including the documents and instruments referred to in this Agreement) is not intended to and does not confer upon any Person other than the parties hereto any rights or remedies under this Agreement. Except as provided in Section 7.7 7.6 only, SIC and MDLY MCC hereby agree that their respective representations, warranties and covenants set forth herein are solely for the benefit of the other parties hereto, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person other than the parties hereto any rights or remedies hereunder, including, without limitation, the right to rely upon such representations and warranties set forth herein. The parties hereto further agree that the rights of Third Party beneficiaries under Section 7.7 7.6 shall not arise unless and until the Effective Time occurs. The representations and warranties in this Agreement are the product of negotiations among the parties hereto and are for the sole benefit of the parties hereto. In some instances, the representations and warranties in this Agreement may represent an allocation among the parties hereto of risks associated with particular matters regardless of the knowledge of any of the parties hereto. Consequently, Persons other than the parties hereto may not rely upon the representations and warranties in this Agreement as characterizations of actual facts or circumstances as of the date of this Agreement or as of any other date.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Medley Capital Corp), Agreement and Plan of Merger (Sierra Income Corp), Merger Agreement (Medley Capital Corp)

Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement hereunder shall be assigned by either any of the parties (whether by operation of law or otherwise) without the prior written consent of Purchaser, in the other partycase of the Company, or the Company, in the case of Purchaser. Any purported assignment in contravention hereof shall be null and void. Subject to the preceding sentence, this Agreement shall will be binding upon, inure to the benefit of and be enforceable by each of the parties and their respective successors and assigns, other than as expressly set forth herein (including Section 4.11 and Section 4.12). Except as set forth in the foregoing sentence or otherwise specifically provided in expressly set forth herein (including Section 7.74.11), this Agreement (including the documents and instruments referred to in this Agreementherein) is not intended to and does not confer upon any Person other than the parties hereto any rights or remedies under this Agreement. Except as provided in Section 7.7 only, SIC and MDLY hereby agree that their respective representations, warranties and covenants set forth herein are solely for the benefit of the other parties hereto, in accordance with and subject to the terms of this Agreement, and this Agreement is not otherwise intended to, and does not, confer upon any Person person other than the parties hereto parties, any rights or remedies hereunder, including, without limitation, including the right to rely upon such the representations and warranties set forth herein. The parties hereto further agree ; provided, however, that the rights Placement Agent shall be a third party beneficiary of Third Party beneficiaries under this Agreement solely with respect to Section 7.7 shall not arise unless 2.2 and until Section 2.3, and may rely upon the Effective Time occursrepresentations and warranties contained therein. The representations and warranties in this Agreement herein are the product of negotiations among the parties hereto and are for the sole benefit of the parties. Any inaccuracies in such representations and warranties are subject to waiver by the parties heretoin accordance herewith without notice or liability to any other person. In some instances, the representations and warranties in this Agreement herein may represent an allocation among the parties hereto of risks associated with particular matters regardless of the knowledge of any of the parties heretoparties. Consequently, Persons persons other than the parties hereto may not rely upon the representations and warranties in this Agreement herein as characterizations of actual facts facts, events, developments or circumstances as of the date of this Agreement hereof or as of any other date.

Appears in 3 contracts

Samples: Investment Agreement (Strategic Value Bank Partners LLC), Investment Agreement (First Foundation Inc.), Investment Agreement (First Foundation Inc.)

Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement hereunder shall be assigned by either any of the parties (whether by operation of law or otherwise) without the prior written consent of Purchaser, in the other partycase of the Company, or the Company, in the case of Purchaser. Any purported assignment in contravention hereof shall be null and void. Subject to the preceding sentence, this Agreement shall will be binding upon, inure to the benefit of and be enforceable by each of the parties and their respective successors and assigns, other than as expressly set forth herein (including Section 4.9 and Section 4.10). Except as set forth in the foregoing sentence or otherwise specifically provided in expressly set forth herein (including Section 7.74.10), this Agreement (including the documents and instruments referred to in this Agreementherein) is not intended to and does not confer upon any Person other than the parties hereto any rights or remedies under this Agreement. Except as provided in Section 7.7 only, SIC and MDLY hereby agree that their respective representations, warranties and covenants set forth herein are solely for the benefit of the other parties hereto, in accordance with and subject to the terms of this Agreement, and this Agreement is not otherwise intended to, and does not, confer upon any Person person other than the parties hereto parties, any rights or remedies hereunder, including, without limitation, including the right to rely upon such the representations and warranties set forth herein. The parties hereto further agree ; provided, however, that the rights Placement Agents/Arrangers shall be a third party beneficiary of Third Party beneficiaries under this Agreement solely with respect to Section 7.7 shall not arise unless 2.2 and until Section 2.3, and may rely upon the Effective Time occursrepresentations and warranties contained therein. The representations and warranties in this Agreement herein are the product of negotiations among the parties hereto and are for the sole benefit of the parties. Any inaccuracies in such representations and warranties are subject to waiver by the parties heretoin accordance herewith without notice or liability to any other person. In some instances, the representations and warranties in this Agreement herein may represent an allocation among the parties hereto of risks associated with particular matters regardless of the knowledge of any of the parties heretoparties. Consequently, Persons persons other than the parties hereto may not rely upon the representations and warranties in this Agreement herein as characterizations of actual facts facts, events, developments or circumstances as of the date of this Agreement hereof or as of any other date.

Appears in 3 contracts

Samples: Investment Agreement (New York Community Bancorp, Inc.), Investment Agreement (New York Community Bancorp, Inc.), Investment Agreement (New York Community Bancorp, Inc.)

Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement shall be assigned by either of the parties any Party (whether by operation of law or otherwise) without the prior written consent of the other partyParties. Subject to the preceding sentence, this Agreement shall be binding upon, inure to the benefit of and be enforceable by each of the parties Parties and their respective successors and assigns. Except as otherwise specifically provided in Section 7.77.4, this Agreement (including the documents and instruments referred to in this Agreement) is not intended to and does not confer upon any Person person other than the parties hereto Parties any rights or remedies under this Agreement. Except as provided in Section 7.7 7.4 only, SIC and MDLY the Parties hereby agree that their respective representations, warranties and covenants set forth herein are solely for the benefit of the other parties heretoParties, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person person other than the parties hereto Parties any rights or remedies hereunder, including, without limitation, the right to rely upon such representations and warranties set forth herein. The parties hereto Parties further agree that the rights of Third Party third party beneficiaries under Section 7.7 7.4 shall not arise unless and until the Effective Time Closing occurs. The representations and warranties in this Agreement are the product of negotiations among the parties hereto Parties and are for the sole benefit of the parties heretoParties. In some instances, the representations and warranties in this Agreement may represent an allocation among the parties hereto Parties of risks associated with particular matters regardless of the knowledge of any of the parties heretoParties. Consequently, Persons other than the parties hereto Parties may not rely upon the representations and warranties in this Agreement as characterizations of actual facts or circumstances as of the date of this Agreement or as of any other date.

Appears in 3 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (Rand Capital Corp), Stock Purchase Agreement

Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement shall be assigned by either any of the parties hereto (whether by operation of law Law or otherwise) without the prior written consent of the other party. Any purported assignment in contravention hereof shall be null and void. Subject to the preceding sentence, this Agreement shall will be binding upon, inure to the benefit of and be enforceable by each of the parties and their respective successors and assigns. Except as otherwise specifically provided in Section 7.75.10, this Agreement (including the documents and instruments referred to in this Agreementherein) is not intended to and does not confer upon any Person Person, other than the parties hereto any rights or remedies under this Agreement. Except as provided in Section 7.7 only, SIC and MDLY hereby agree that their respective representationssuccessors, warranties and covenants set forth herein are solely for the benefit of the other parties hereto, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person other than the parties hereto any rights or remedies hereunder, including, without limitation, including the right to rely upon such the representations and warranties set forth herein. The parties hereto further agree that the rights of Third Party beneficiaries under Section 7.7 shall not arise unless and until the Effective Time occurs. The representations and warranties in this Agreement are the product of negotiations among the parties hereto and are for the sole benefit of the parties. Any inaccuracies in such representations and warranties are subject to waiver by the parties heretohereto in accordance herewith without notice or liability to any other Person. In some instances, the representations and warranties in this Agreement may represent an allocation among the parties hereto of risks associated with particular matters regardless of the knowledge Knowledge of any of the parties hereto. Consequently, Persons other than the parties hereto may not rely upon the representations and warranties in this Agreement as characterizations of actual facts or circumstances as of the date of this Agreement or as of any other date. Notwithstanding any other provision hereof to the contrary, no consent, approval or agreement of any third party beneficiary will be required to amend, modify to waive any provision of this Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Union Bankshares Corp), Agreement and Plan of Reorganization (Access National Corp)

Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement shall be assigned by either of the parties any Party (whether by operation of law or otherwise) without the prior written consent of the other partyParty. Subject to the preceding sentence, this Agreement shall be binding upon, inure to the benefit of and be enforceable by each of the parties Parties and their respective successors and assigns. Except as otherwise specifically provided in Section 7.77.5, this Agreement (including the documents and instruments referred to in this Agreement) is not intended to and does not confer upon any Person person other than the parties hereto Parties any rights or remedies under this Agreement. Except as provided in Section 7.7 only, SIC Carlyle and MDLY VCIF hereby agree that their respective representations, representations warranties and covenants set forth herein therein and, except as provided in Section 7.5, their respective covenants and agreements set forth herein, are solely for the benefit of the other parties heretoParties, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person person other than the parties hereto Parties any rights or remedies hereunder, including, without limitation, the right to rely upon such representations and warranties set forth herein. The parties hereto Parties further agree that the rights of Third Party third party beneficiaries under Section 7.7 7.5 shall not arise unless and until the Effective Time Closing occurs. The representations and warranties in this Agreement are the product of negotiations among the parties hereto Parties and are for the sole benefit of the parties hereto. In some instancesParties, the representations and warranties in this Agreement may represent an allocation among the parties hereto Parties of risks associated with particular matters regardless of the knowledge of any of the parties heretoParties. Consequently, Persons other than the parties hereto Parties may not rely upon the representations and warranties in this Agreement as characterizations of actual facts or circumstances as of the date of this Agreement or as of any other date.

Appears in 2 contracts

Samples: Transaction Agreement (Carlyle Group Inc.), Transaction Agreement (Vertical Capital Income Fund)

Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement shall be assigned by either any of the parties hereto (whether by operation of law or otherwise) without the prior written consent of the other party, provided that Intermediary shall have the right to assign this Agreement to Merger Sub in the event the Alternative Structure is to be effected. Any purported assignment in contravention hereof shall be null and void. Subject to the preceding sentence, this Agreement shall will be binding upon, inure to the benefit of and be enforceable by each of the parties and their respective successors and assigns. Except as otherwise specifically provided in Section 7.7Sections 6.7, which is intended to benefit each Company Indemnified Party and his or her representatives, this Agreement (including the documents and instruments referred to in this Agreementherein) is not intended to and does not confer upon any Person other than the parties hereto any rights or remedies under this Agreement. Except as provided in Section 7.7 only, SIC and MDLY hereby agree that their respective representations, warranties and covenants set forth herein are solely for the benefit of the other parties hereto, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person person other than the parties hereto any rights or remedies hereunder, including, without limitation, including the right to rely upon such the representations and warranties set forth herein. The parties hereto further agree that the rights of Third Party beneficiaries under Section 7.7 shall not arise unless and until the Effective Time occurs. The representations and warranties in this Agreement are the product of negotiations among the parties hereto and are for the sole benefit of the parties. Any inaccuracies in such representations and warranties are subject to waiver by the parties heretohereto in accordance herewith without notice or liability to any other person. In some instances, the representations and warranties in this Agreement may represent an allocation among the parties hereto of risks associated with particular matters regardless of the knowledge of any of the parties hereto. Consequently, Persons persons other than the parties hereto may not rely upon the representations and warranties in this Agreement as characterizations of actual facts or circumstances as of the date of this Agreement or as of any other date.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Mb Financial Inc /Md), Merger Agreement (Fifth Third Bancorp)

Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement hereunder shall be assigned by either any of the parties hereto (whether by operation of law or otherwise, other than, following the Closing, by operation of law in a merger) without the prior written consent of the other partyparties. Any purported assignment in contravention hereof shall be null and void. Subject to the preceding sentence, this Agreement shall will be binding upon, inure to the benefit of and be enforceable by each of the parties and their respective successors and assigns. Except as otherwise specifically provided in Section 7.76.6, which is intended to benefit each Company Indemnified Party and his or her heirs and representatives, and Section 9.16, which is intended to benefit each Company Party to the extent set forth therein, this Agreement (including the documents and instruments referred to in this Agreementherein) is not intended to and does not confer upon any Person other than the parties hereto any rights or remedies under this Agreement. Except as provided in Section 7.7 only, SIC and MDLY hereby agree that their respective representations, warranties and covenants set forth herein are solely for the benefit of the other parties hereto, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person person other than the parties hereto any rights or remedies hereunder, including, without limitation, including the right to rely upon such the representations and warranties set forth herein. The parties hereto further agree that the rights of Third Party beneficiaries under Section 7.7 shall not arise unless and until the Effective Time occurs. The representations and warranties in this Agreement are qualified by disclosures set forth in public filings and the applicable disclosure schedule and are the product of negotiations among the parties hereto and are for the sole benefit of the parties heretoparties. In some instances, the Any inaccuracies in such representations and warranties in this Agreement may represent an allocation among are subject to waiver by the parties hereto of risks associated with particular matters regardless of the knowledge of in accordance herewith without notice or liability to any of the parties heretoother person. Consequently, Persons other than the parties hereto may not rely upon the representations and warranties in this Agreement as characterizations of actual facts or circumstances as of the date of this Agreement or as of any other date. Except as provided in Section 6.6 and the last sentence of Section 9.2, notwithstanding any other provision in this Agreement to the contrary, no consent, approval or agreement of any third party beneficiary will be required to amend, modify or waive any provision of this Agreement. Notwithstanding the foregoing, each of the Financing Parties shall be an express third-party beneficiary of and shall be entitled to rely on Section 8.2(d), the last sentence of Section 9.2, Section 9.10, Section 9.11(c), this sentence of this Section 9.12 and Section 9.16 and each of the Financing Parties may enforce such provisions. No assignment or purported assignment of this Agreement by any party hereto shall be valid if and to the extent such assignment adversely affects the treatment of the Merger under Section 368(a) of the Code and the Treasury Regulations promulgated thereunder.

Appears in 2 contracts

Samples: Merger Agreement (Worldpay, Inc.), Merger Agreement (Fidelity National Information Services, Inc.)

Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement hereunder shall be assigned by either any of the parties hereto (whether by operation of law or otherwise) without the prior written consent of the other party. Any purported assignment in contravention hereof shall be null and void. Subject to the preceding sentence, this Agreement shall will be binding upon, inure to the benefit of and be enforceable by each of the parties and their respective successors and assigns. Except as otherwise specifically provided in Section 7.7, this This Agreement (including the documents and instruments referred to in this Agreementherein) is not intended to and does not confer upon any Person other than the parties hereto any rights or remedies under this Agreement. Except as provided in Section 7.7 only, SIC and MDLY hereby agree that their respective representations, warranties and covenants set forth herein are solely for the benefit of the other parties hereto, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person other than the parties hereto any rights or remedies hereunder, including, without limitation, including the right to rely upon such the representations and warranties set forth herein. The parties hereto further agree that , except the rights of Third Party beneficiaries under Section 7.7 the holders of Limestone Common Stock to receive the Merger Consideration in the Parent Merger as provided in Article III shall not arise unless inure to the benefit of such holders thereunder at and until after the Effective Time occursand subject to Section 6.18. The representations and warranties in this Agreement are the product of negotiations among the parties hereto and are for the sole benefit of the parties. Any inaccuracies in such representations and warranties are subject to waiver by the parties heretohereto in accordance herewith without notice or liability to any other person. In some instances, the representations and warranties in this Agreement may represent an allocation among the parties hereto of risks associated with particular matters regardless of the knowledge of any of the parties hereto. Consequently, Persons other than the parties hereto may not rely upon the representations and warranties in this Agreement as characterizations of actual facts or circumstances as of the date of this Agreement or as of any other date. Notwithstanding any other provision in this Agreement to the contrary, no consent, approval or agreement of any third-party beneficiary will be required to amend, modify or waive any provision of this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (Limestone Bancorp, Inc.), Merger Agreement (Limestone Bancorp, Inc.)

Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement shall be assigned by either of the parties (whether by operation of law or otherwise) without the prior written consent of the other party. Subject to the preceding sentence, this Agreement shall be binding upon, inure to the benefit of and be enforceable by each of the parties and their respective successors and assigns. Except as otherwise specifically provided in Section 7.76.6, this Agreement (including the documents and instruments referred to in this Agreement) is not intended to and does not confer upon any Person person other than the parties hereto any rights or remedies under this Agreement. Except as provided in Section 7.7 6.6 only, SIC Buyer, Investment Adviser, Administrator and MDLY the Company hereby agree that their respective representations, warranties and covenants set forth herein are solely for the benefit of the other parties hereto, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person person other than the parties hereto any rights or remedies hereunder, including, without limitation, the right to rely upon such representations and warranties set forth herein. The parties hereto further agree that the rights of Third Party third party beneficiaries under Section 7.7 6.6 shall not arise unless and until the Effective Time occurs. The representations and warranties in this Agreement are the product of negotiations among the parties hereto and are for the sole benefit of the parties hereto. In some instances, the representations and warranties in this Agreement may represent an allocation among the parties hereto of risks associated with particular matters regardless of the knowledge of any of the parties hereto. Consequently, Persons persons other than the parties hereto may not rely upon the representations and warranties in this Agreement as characterizations of actual facts or circumstances as of the date of this Agreement or as of any other date.

Appears in 2 contracts

Samples: Merger Agreement (Prospect Capital Corp), Merger Agreement (Patriot Capital Funding, Inc.)

Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement hereunder shall be assigned by either any of the parties (whether by operation of law or otherwise) without the prior written consent of Purchaser, in the other partycase of the Company, or the Company, in the case of Purchaser. Any purported assignment in contravention hereof shall be null and void. Subject to the preceding sentence, this Agreement shall will be binding upon, inure to the benefit of and be enforceable by each of the parties and their respective successors and assigns, other than as expressly set forth herein (including Section 4.10 and Section 4.11). Except as set forth in the foregoing sentence or otherwise specifically provided in expressly set forth herein (including Section 7.74.11), this Agreement (including the documents and instruments referred to in this Agreementherein) is not intended to and does not confer upon any Person other than the parties hereto any rights or remedies under this Agreement. Except as provided in Section 7.7 only, SIC and MDLY hereby agree that their respective representations, warranties and covenants set forth herein are solely for the benefit of the other parties hereto, in accordance with and subject to the terms of this Agreement, and this Agreement is not otherwise intended to, and does not, confer upon any Person person other than the parties hereto parties, any rights or remedies hereunder, including, without limitation, including the right to rely upon such the representations and warranties set forth herein. The parties hereto further agree that the rights of Third Party beneficiaries under Section 7.7 shall not arise unless and until the Effective Time occurs. The representations and warranties in this Agreement herein are the product of negotiations among the parties hereto and are for the sole benefit of the parties. Any inaccuracies in such representations and warranties are subject to waiver by the parties heretoin accordance herewith without notice or liability to any other person. In some instances, the representations and warranties in this Agreement herein may represent an allocation among the parties hereto of risks associated with particular matters regardless of the knowledge of any of the parties heretoparties. Consequently, Persons persons other than the parties hereto may not rely upon the representations and warranties in this Agreement herein as characterizations of actual facts facts, events, developments or circumstances as of the date of this Agreement hereof or as of any other date.

Appears in 1 contract

Samples: Investment Agreement (Banc of California, Inc.)

Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement of the parties hereto shall be assigned by either any of the parties hereto (whether by operation of law or otherwise) without the prior written consent of the other partyparties hereto. Subject to the preceding sentence, this Agreement shall will be binding upon, inure to the benefit of and be enforceable by each of the parties and their respective successors and assigns. Any purported assignment in contravention hereof shall be null and void. Except for (i) as otherwise specifically provided in Section 7.76.6, and (ii) from and after the Effective Time, but only if the Effective Time shall occur, the rights of holders of Seller Common Stock to receive the Merger Consideration as provided in Article II, and the rights of holders of Seller Equity Awards under Section 1.6, this Agreement (including the documents and instruments referred to in this Agreementherein) is not intended to and does not confer upon any Person other than the parties hereto any rights or remedies under this Agreement. Except as provided in Section 7.7 only, SIC and MDLY hereby agree that their respective representations, warranties and covenants set forth herein are solely for the benefit of the other parties hereto, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person person other than the parties hereto any rights or remedies hereunder, including, without limitation, the right to rely upon such representations and warranties set forth herein. The parties hereto further agree that the rights of Third Party beneficiaries under Section 7.7 shall not arise unless and until the Effective Time occurs. The representations and warranties in this Agreement are the product of negotiations among the parties hereto and are for the sole benefit of the parties. Any inaccuracies in such representations and warranties are subject to waiver by the parties heretohereto in accordance herewith without notice or liability to any other person. In some instances, the representations and warranties in this Agreement may represent an allocation among the parties hereto of risks associated with particular matters regardless of the knowledge of any of the parties hereto. Consequently, Persons persons other than the parties hereto may not rely upon the representations and warranties in this Agreement as characterizations of actual facts or circumstances as of the date of this Agreement or as of any other date.

Appears in 1 contract

Samples: Merger Agreement (Renasant Corp)

Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement shall be assigned by either any of the parties hereto (whether by operation of law or otherwise) without the prior written consent of the other partyparties. Any purported assignment in contravention hereof shall be null and void. Subject to the preceding sentence, this Agreement shall will be binding upon, inure to the benefit of and be enforceable by each of the parties and their respective successors and assigns. Except as otherwise specifically provided in (a) Section 7.76.7, which is intended to benefit each Seller Indemnified Party and his or her heir and representatives, (b) Section 6.6(c), which is intended to benefit, to the extent expressly provided therein, each employee of Seller that is a party to an employment, change in control or other severance agreement, this Agreement (including the documents and instruments referred to in this Agreementherein) is not intended to and does not confer upon any Person other than the parties hereto any rights or remedies under this Agreement. Except as provided in Section 7.7 only, SIC and MDLY hereby agree that their respective representations, warranties and covenants set forth herein are solely for the benefit of the other parties hereto, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person person other than the parties hereto any rights or remedies hereunder, including, without limitation, including the right to rely upon such the representations and warranties set forth herein. The parties hereto further agree that the rights of Third Party beneficiaries under Section 7.7 shall not arise unless and until the Effective Time occurs. The representations and warranties in this Agreement are the product of negotiations among the parties hereto and are for the sole benefit of the parties. Any inaccuracies in such representations and warranties are subject to waiver by the parties heretohereto in accordance herewith without notice or liability to any other person. In some instances, the representations and warranties in this Agreement may represent an allocation among the parties hereto of risks associated with particular matters regardless of the knowledge of any of the parties hereto. Consequently, Persons persons other than the parties hereto may not rely upon the representations and warranties in this Agreement as characterizations of actual facts or circumstances as of the date of this Agreement or as of any other date.

Appears in 1 contract

Samples: Merger Agreement (Civista Bancshares, Inc.)

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Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement hereunder shall be assigned by either any of the parties hereto (whether by operation of law or otherwise) without the prior written consent of the other partyparty (which may be withheld by such other party in its sole discretion). Any purported assignment in contravention hereof shall be null and void. Subject to the preceding sentence, this Agreement shall will be binding upon, inure to the benefit of and be enforceable by each of the parties and their respective successors and assigns. Notwithstanding anything to the contrary contained in this Agreement or otherwise, each of Parent and Merger Sub and the Surviving Corporation may assign any of its rights, but not its obligations, under this Agreement to any of the Financing Parties as collateral security. Except as otherwise specifically provided in Section 7.7, 7.7 and Section 7.8 this Agreement (including the documents and instruments referred to in this Agreementherein) is not intended to and does not confer upon any Person other than the parties hereto any rights or remedies under this Agreement. Except as provided in Section 7.7 only, SIC and MDLY hereby agree that their respective representations, warranties and covenants set forth herein are solely for the benefit of the other parties hereto, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person person other than the parties hereto any rights or remedies hereunder, including, without limitation, including the right to rely upon such the representations and warranties set forth herein. The parties hereto further agree that the rights of Third Party beneficiaries under Section 7.7 shall not arise unless and until the Effective Time occurs. The representations and warranties in this Agreement are the product of negotiations among the parties hereto and are for the sole benefit of the parties. Any inaccuracies in such representations and warranties are subject to waiver by the parties heretohereto in accordance herewith without notice or liability to any other person. In some instances, the representations and warranties in this Agreement may represent an allocation among the parties hereto of risks associated with particular matters regardless of the knowledge of any of the parties hereto. Consequently, Persons persons other than the parties hereto may not rely upon the representations and warranties in this Agreement as characterizations of actual facts or circumstances as of the date of this Agreement or as of any other date.

Appears in 1 contract

Samples: Merger Agreement (Synnex Corp)

Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement shall be assigned by either of the parties any Party (whether by operation of law or otherwise) without the prior written consent of the other partyParty. Subject to the preceding sentence, this Agreement shall be binding upon, inure to the benefit of and be enforceable by each of the parties Parties and their respective successors and assigns. Except as otherwise specifically provided in Section 7.77.5, this Agreement (including the documents and instruments referred to in this Agreement) is not intended to and does not confer upon any Person person other than the parties hereto Parties any rights or remedies under this Agreement. Except as provided in Section 7.7 only, SIC BCP and MDLY KCAP hereby agree that their respective representations, representations warranties and covenants set forth herein therein and, except as provided in Section 7.5, their respective covenants and agreements set forth herein, are solely for the benefit of the other parties heretoParties, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person person other than the parties hereto Parties any rights or remedies hereunder, including, without limitation, the right to rely upon such representations and warranties set forth herein. The parties hereto Parties further agree that the rights of Third Party third party beneficiaries under Section 7.7 7.5 shall not arise unless and until the Effective Time Closing occurs. The representations and warranties in this Agreement are the product of negotiations among the parties hereto Parties and are for the sole benefit of the parties hereto. In some instancesParties, the representations and warranties in this Agreement may represent an allocation among the parties hereto Parties of risks associated with particular matters regardless of the knowledge of any of the parties heretoParties. Consequently, Persons other than the parties hereto Parties may not rely upon the representations and warranties in this Agreement as characterizations of actual facts or circumstances as of the date of this Agreement or as of any other date.

Appears in 1 contract

Samples: Stock Purchase and Transaction Agreement (KCAP Financial, Inc.)

Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement of the parties hereto shall be assigned by either any of the parties hereto (whether by operation of law or otherwise) without the prior written consent of the other partyparties. Subject to the preceding sentence, this Agreement shall will be binding upon, inure to the benefit of and be enforceable by each of the parties and their respective successors and assigns. Except as otherwise specifically provided in Section 7.76.7, and, from and after the Effective Time, but only if the Effective Time shall occur, except for the rights of holders of Target Common Stock (including the shares of Target Common Stock issuable upon conversion of the Target Series D Preferred Stock) to receive the Merger Consideration as provided in Article II, and the rights of holders of Target Stock Options under Section 1.7, this Agreement (including the documents and instruments referred to in this Agreementherein) is not intended to and does not confer upon any Person other than the parties hereto any rights or remedies under this Agreement. Except as provided in Section 7.7 only, SIC and MDLY hereby agree that their respective representations, warranties and covenants set forth herein are solely for the benefit of the other parties hereto, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person person other than the parties hereto any rights or remedies hereunder, including, without limitation, the right to rely upon such representations . Any purported assignment in contravention hereof shall be null and warranties set forth herein. The parties hereto further agree that the rights of Third Party beneficiaries under Section 7.7 shall not arise unless and until the Effective Time occursvoid. The representations and warranties in this Agreement are the product of negotiations among the parties hereto and are for the sole benefit of the parties. Any inaccuracies in such representations and warranties are subject to waiver by the parties heretohereto in accordance herewith without notice or liability to any other person. In some instances, the representations and warranties in this Agreement may represent an allocation among the parties hereto of risks associated with particular matters regardless of the knowledge of any of the parties hereto. Consequently, Persons persons other than the parties hereto may not rely upon the representations and warranties in this Agreement as characterizations of actual facts or circumstances as of the date of this Agreement or as of any other date.

Appears in 1 contract

Samples: Merger Agreement (Pinnacle Financial Partners Inc)

Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement hereunder shall be assigned by either any of the parties (whether by operation of law or otherwise) without the prior written consent of the other partyPurchasers, in the case of the Company, or the Company, in the case of a Purchaser. Any purported assignment in contravention hereof shall be null and void. Subject to the preceding sentence, this Agreement shall will be binding upon, inure to the benefit of and be enforceable by each of the parties and their respective successors and assigns, other than as expressly set forth herein (including ‎Section 4.11 and ‎Section 4.12). Except as set forth in the foregoing sentence or otherwise specifically provided in Section 7.7expressly set forth herein (including ‎Section 4.11), this Agreement (including the documents and instruments referred to in this Agreementherein) is not intended to and does not confer upon any Person other than the parties hereto any rights or remedies under this Agreement. Except as provided in Section 7.7 only, SIC and MDLY hereby agree that their respective representations, warranties and covenants set forth herein are solely for the benefit of the other parties hereto, in accordance with and subject to the terms of this Agreement, and this Agreement is not otherwise intended to, and does not, confer upon any Person person other than the parties hereto parties, any rights or remedies hereunder, including, without limitation, including the right to rely upon such the representations and warranties set forth herein. The parties hereto further agree ; provided, however, that the rights Placement Agent shall be a third party beneficiary of Third Party beneficiaries under Section 7.7 shall not arise unless this Agreement solely with respect to ‎Section 2.2 and until ‎Section 2.3, and may rely upon the Effective Time occursrepresentations and warranties contained therein. The representations and warranties in this Agreement herein are the product of negotiations among the parties hereto and are for the sole benefit of the parties. Any inaccuracies in such representations and warranties are subject to waiver by the parties heretoin accordance herewith without notice or liability to any other person. In some instances, the representations and warranties in this Agreement herein may represent an allocation among the parties hereto of risks associated with particular matters regardless of the knowledge of any of the parties heretoparties. Consequently, Persons persons other than the parties hereto may not rely upon the representations and warranties in this Agreement herein as characterizations of actual facts facts, events, developments or circumstances as of the date of this Agreement hereof or as of any other date.

Appears in 1 contract

Samples: Investment Agreement (First Foundation Inc.)

Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement hereunder shall be assigned (including by either operation of law) by any of the parties hereto (whether by operation of law except that Buyer may freely assign to its Affiliates or otherwiseaccounts or entities under common investment management) without the prior written consent of the other partyparties; provided, that any such permitted assignee shall expressly agree in writing to be bound by the terms and conditions of this Agreement; provided, further, that no such assignment shall relieve Buyer of any of its obligations under this Agreement or any Ancillary Agreement. Any purported assignment in contravention hereof shall be null and void. Subject to the preceding sentence, this Agreement shall will be binding upon, inure to the benefit of and be enforceable by each of the parties and their respective successors and assigns. Except as otherwise specifically provided in Section 7.7, this This Agreement (including the documents and instruments referred to in this Agreementherein) is not intended to and does not confer upon any Person person other than the parties hereto any rights or remedies under this Agreement. Except as provided in Section 7.7 only, SIC and MDLY hereby agree that their respective representations, warranties and covenants set forth herein are solely for the benefit of the other parties hereto, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person other than the parties hereto permitted assigns any rights or remedies hereunder, including, without limitation, including the right to rely upon such the representations and warranties set forth herein. The parties hereto further agree that the rights of Third Party beneficiaries under Section 7.7 shall not arise unless and until the Effective Time occurs. The representations and warranties in this Agreement are the product of negotiations among the parties hereto and are for the sole benefit of the parties. Any inaccuracies in such representations and warranties are subject to waiver by the parties heretohereto in accordance herewith without notice or liability to any other person. In some instances, the representations and warranties in this Agreement may represent an allocation among the parties hereto of risks associated with particular matters regardless of the knowledge of any of the parties hereto. Consequently, Persons persons other than the parties hereto may not rely upon the representations and warranties in this Agreement as characterizations of actual facts or circumstances as of the date of this Agreement hereof or as of any other date.

Appears in 1 contract

Samples: Share Purchase Agreement (HNA Group Co., Ltd.)

Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement hereunder shall be assigned by either any of the parties hereto (whether by operation of law or otherwise) without the prior written consent of the other party. Any purported assignment in contravention hereof shall be null and void. Subject to the preceding sentence, this Agreement shall will be binding upon, inure to the benefit of and be enforceable by each of the parties and their respective successors and assigns. Except as otherwise specifically provided in Section 7.7, this This Agreement (including the documents and instruments referred to in this Agreementherein) is not intended to and does not confer upon any Person other than the parties hereto any rights or remedies under this Agreement. Except as provided in Section 7.7 only, SIC and MDLY hereby agree that their respective representations, warranties and covenants set forth herein are solely for the benefit of the other parties hereto, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person other than the parties hereto any rights or remedies hereunder, including, without limitation, including the right to rely upon such the representations and warranties set forth herein. The parties hereto further agree that , except the rights of Third Party beneficiaries under Section 7.7 the holders of Limestone Common Stock to receive the Merger Consideration in the Parent Merger as provided in Article III shall not arise unless inure to the benefit of such holders thereunder at and until after the Effective Time occursand subject to Section 6.18. The representations and warranties in this Agreement are the product of negotiations among the parties hereto and are for the sole benefit of the parties. Any inaccuracies in such representations and warranties are subject to waiver by the parties heretohereto in accordance herewith without notice or liability to any other person. In some instances, the representations and warranties in this Agreement may represent an allocation among the parties hereto of risks associated with particular matters regardless of the knowledge of any of the parties hereto. Consequently, Persons other than the parties hereto may not rely upon the representations and warranties in this Agreement as characterizations of actual facts or 76 circumstances as of the date of this Agreement or as of any other date. Notwithstanding any other provision in this Agreement to the contrary, no consent, approval or agreement of any third-party beneficiary will be required to amend, modify or waive any provision of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Peoples Bancorp Inc)

Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement shall be assigned by either any of the parties hereto (whether by operation of law or otherwise) without the prior written consent of the other party. Any purported assignment in contravention hereof shall be null and void. Subject to the preceding sentence, this Agreement shall will be binding upon, inure to the benefit of and be enforceable by each of the parties and their respective successors and assigns. Except as otherwise specifically provided in Section 7.76.7, which is intended to benefit each Company Indemnified Party and his or her representatives, and subject to the right of the Company to enforce the rights of its stockholders and the holders of Company Equity Awards pursuant to Section 8.2(a), this Agreement (including the documents and instruments referred to in this Agreementherein) is not intended to and does not confer upon any Person other than the parties hereto any rights or remedies under this Agreement. Except as provided in Section 7.7 only, SIC and MDLY hereby agree that their respective representations, warranties and covenants set forth herein are solely for the benefit of the other parties hereto, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person person other than the parties hereto any rights or remedies hereunder, including, without limitation, including the right to rely upon such the representations and warranties set forth herein. The parties hereto further agree that the rights of Third Party beneficiaries under Section 7.7 shall not arise unless and until the Effective Time occurs. The representations and warranties in this Agreement are the product of negotiations among the parties hereto and are for the sole benefit of the parties. Any inaccuracies in such representations and warranties are subject to waiver by the parties heretohereto in accordance herewith without notice or liability to any other person. In some instances, the representations and warranties in this Agreement may represent an allocation among the parties hereto of risks associated with particular matters regardless of the knowledge of any of the parties hereto. Consequently, Persons persons other than the parties hereto may not rely upon the representations and warranties in this Agreement as characterizations of actual facts or circumstances as of the date of this Agreement or as of any other date.

Appears in 1 contract

Samples: Merger Agreement (People's United Financial, Inc.)

Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement shall be assigned by either any of the parties hereto (whether by operation of law or otherwise) without the prior written consent of the other party. Any purported assignment in contravention hereof shall be null and void. Subject to the preceding sentence, this Agreement shall will be binding upon, inure to the benefit of and be enforceable by each of the parties and their respective successors and assigns. Except as otherwise specifically provided in (a) Section 7.76.7, which is intended to benefit each Seller Indemnified Party and his or her heir and representatives, (b) Section 6.6(c), which is intended to benefit, to the extent expressly provided therein, each employee of Seller that is a party to an employment, change in control or other severance agreement, this Agreement (including the documents and instruments referred to in this Agreementherein) is not intended to and does not confer upon any Person other than the parties hereto any rights or remedies under this Agreement. Except as provided in Section 7.7 only, SIC and MDLY hereby agree that their respective representations, warranties and covenants set forth herein are solely for the benefit of the other parties hereto, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person person other than the parties hereto any rights or remedies hereunder, including, without limitation, including the right to rely upon such the representations and warranties set forth herein. The parties hereto further agree that the rights of Third Party beneficiaries under Section 7.7 shall not arise unless and until the Effective Time occurs. The representations and warranties in this Agreement are the product of negotiations among the parties hereto and are for the sole benefit of the parties. Any inaccuracies in such representations and warranties are subject to waiver by the parties heretohereto in accordance herewith without notice or liability to any other person. In some instances, the representations and warranties in this Agreement may represent an allocation among the parties hereto of risks associated with particular matters regardless of the knowledge of any of the parties hereto. Consequently, Persons persons other than the parties hereto may not rely upon the representations and warranties in this Agreement as characterizations of actual facts or circumstances as of the date of this Agreement or as of any other date.

Appears in 1 contract

Samples: Merger Agreement (United Community Financial Corp)

Assignment; Third Party Beneficiaries. Neither this Agreement nor any of the rights, interests or obligations under this Agreement shall may be assigned by either of the parties any party hereto (whether other than by operation of law or otherwiseLaw) without the prior written consent of the each other party. Any purported assignment in contravention hereof shall be null and void. Subject to the preceding sentencetwo sentences, this Agreement shall will be binding upon, inure to the benefit of and be enforceable by each of the parties and their respective successors and permitted assigns. Except as otherwise specifically provided in Section 7.7Notwithstanding the foregoing, this Agreement, or Purchaser’s rights, interests or obligations hereunder (including, without limitation, the right to receive any of the Shares pursuant to this Agreement), may be assigned or transferred, in whole or in part, by Purchaser to one or more of its Affiliates; provided that no such assignment shall release Purchaser from its obligations hereunder. This Agreement (including the documents and instruments referred to in this Agreementherein) is not intended to and does not confer upon any Person other than the parties hereto any rights or remedies under this Agreement. Except as provided in Section 7.7 only, SIC and MDLY hereby agree that their respective representations, warranties and covenants set forth herein are solely for the benefit of the other parties hereto, in accordance with and subject to the terms of this Agreement, and this Agreement is not intended to, and does not, confer upon any Person other than the parties hereto any rights or remedies hereunder, including, without limitation, including the right to rely upon such the representations and warranties set forth herein. The parties hereto further agree ; provided that Xxxxxxxx & Xxxxx LLP may rely on the rights of Third Party beneficiaries under Section 7.7 shall not arise unless representations and until the Effective Time occurswarranties as set forth in Sections 3.1 and 3.2. The representations and warranties in this Agreement are the product of negotiations among the parties hereto and are for the sole benefit of the parties hereto. Any inaccuracies in such representations and warranties are subject to waiver by the parties hereto in accordance herewith without notice or liability to any other person. In some instances, the representations and warranties in this Agreement may represent an allocation among the parties hereto of risks associated with particular matters regardless of the knowledge of any of the parties hereto. Consequently, Persons other than the parties hereto may not rely upon the representations and warranties in this Agreement as characterizations of actual facts or circumstances as of the date of this Agreement or as of any other date.

Appears in 1 contract

Samples: Stock Purchase Agreement (Related Real Estate Fund II, L.P.)

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