Common use of Assignments; Successors and Assigns Clause in Contracts

Assignments; Successors and Assigns. Neither party shall transfer or assign (by operation of law or otherwise) its rights or obligations under this Agreement without the prior written consent of the other party. Subject to the preceding sentence, this Agreement shall be binding upon and inure to the benefit of each of the parties hereto and their permitted successors and assigns.

Assignments; Successors and Assigns. Neither party shall transfer or assign (by operation of law or otherwise) its rights or obligations under this Agreement without the prior written consent of the other party. Subject to Notwithstanding the preceding sentenceforegoing, either party will assign this Agreement in connection with a sale or transfer of substantially all of the assets of, or a majority interest in the voting shares of, that party to, or the merger or consolidation of that party with or into, any other person or company on the condition that any successor to or assignee of that party is and shall be binding upon bound by all the terms, conditions and inure to the benefit of each of the parties hereto allegations under this Agreement, and their permitted successors that this Agreement is and assignsshall be incorporated into such assignment.

Assignments; Successors and Assigns. Neither party shall transfer or assign (by operation of law or otherwise) its rights or obligations under this Agreement without the prior written consent of the other party. Subject to Notwithstanding the preceding sentenceforegoing, either party may assign this Agreement shall be binding upon and inure to the benefit in connection with a sale or transfer of each substantially all of the parties hereto and their permitted successors and assignsassets of, or a majority interest in the voting shares of, that party to, or the merger or consolidation of that party with or into, any other person or company.

Assignments; Successors and Assigns. Neither party shall transfer or assign (by operation of law or otherwise) its rights or obligations under this Agreement without the prior written consent of the other party; provided, however, that either party may assign this Agreement to an Affiliate or a successor in ownership of all or substantially all of its business assets related to the Products whether by sale of assets, merger consolidation or otherwise. Subject to the preceding sentence, this Agreement shall be binding upon and inure to the benefit of each of the parties hereto and their permitted successors and assigns.