Common use of Assignment; Third Party Beneficiary Clause in Contracts

Assignment; Third Party Beneficiary. Participating Broker-Dealer shall have no right to assign this Agreement or any of Participating Broker-Dealer’s rights hereunder or to delegate any of Participating Broker-Dealer’s obligations hereunder. Any such purported assignment or delegation by Participating Broker-Dealer shall be null and void. The Dealer Manager shall have the right to assign any or all of its rights and obligations under this Agreement by written notice, and Participating Broker-Dealer shall be deemed to have consented to such assignment by execution hereof. Dealer Manager shall provide written notice of any such assignment to Participating Broker-Dealer. Each of the Company and the Operating Partnership is a third party beneficiary with respect to this Agreement and may enforce their respective rights, to the extent set forth herein, against any party to this Agreement.

Assignment; Third Party Beneficiary. Participating Broker-Dealer shall have no right to assign this Agreement or any of Participating Broker-Dealer’s rights hereunder or to delegate any of Participating Broker-Dealer’s obligations hereunderobligations. Any such purported assignment or delegation by Participating Broker-Dealer shall be null and void. The Dealer Manager shall have the right to assign any or all of its rights and obligations under this Agreement by written notice, and Participating Broker-Dealer shall be deemed to have consented to such assignment by execution hereof. Dealer Manager shall provide written notice of any such assignment to Participating Broker-Dealer. Each of the Company and the Operating Partnership is a third party beneficiary with respect to this Agreement and may enforce their its respective rights, to the extent set forth herein, against any party to this Agreement.