Common use of Assignments, Successors and Third-Party Rights Clause in Contracts

Assignments, Successors and Third-Party Rights. Neither party may assign any of its rights under this Agreement without the prior written consent of the other party, other than a wholly owned (direct or indirect) Related Person that affirms in writing that it will be bound to the representations, warranties, and obligations of Buyer under this Agreement as if it signed the Agreement as the original signatory Buyer (with such factual changes, such as jurisdiction of organization, as reasonably may be required). Subject to the preceding sentence, this Agreement will apply to, be binding in all respects upon, and inure to the benefit of the successors and permitted assigns of the parties. Nothing expressed or referred to in this Agreement will be construed to give any Person other than the parties to this Agreement any legal or equitable right, remedy, or claim under or with respect to this Agreement or any provision of this Agreement. This Agreement and all of its provisions and conditions are for the sole and exclusive benefit of the parties to this Agreement and their successors and assigns.

Assignments, Successors and Third-Party Rights. Neither party None of the parties may assign any of its their rights under this Agreement without the prior written consent of the other partyparties, other than a wholly owned (direct or indirect) Related Person except that affirms in writing that it will be bound to the representations, warranties, and obligations Buyer may assign all of Buyer its rights under this Agreement as if it signed the Agreement as the original signatory to one or more Related Persons of Buyer (with such factual changes, such as jurisdiction of organization, as reasonably and Sellers may be required). Subject assign their rights hereunder to the preceding sentence, this Secured Lenders. This Agreement will apply to, be binding in all respects upon, upon the parties hereto and their assigns and inure to the benefit of the successors and permitted assigns of the partiesparties hereto. Nothing expressed or referred to in this Agreement will be construed to give any Person other than the parties to this Agreement any legal or equitable right, remedy, or claim under or with respect to this Agreement or any provision of this Agreement; provided, however, the parties hereto hereby recognize and agree that the Secured Lenders are third party beneficiaries under this Agreement with the right to assert legal and equitable rights, remedies and claims hereunder. This Agreement and all of its provisions and conditions are for the sole and exclusive benefit of the parties to this Agreement and their successors and assignspermitted assigns (and, to the extent provided, the Secured Lenders).