Common use of Assignments; Successors; No Third-Party Rights Clause in Contracts

Assignments; Successors; No Third-Party Rights. No Party may assign any of its rights or delegate or cause to be assumed any of its obligations under this Agreement without the prior written consent of each other Party, except that Buyer may assign any of its rights hereunder to, and cause all of its obligations hereunder to be assumed by, any Related Person without the consent of Sellers, provided that Buyer shall remain liable for such obligations. 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 any legal or equitable right, remedy or claim under or with respect to this Agreement or any provision of this Agreement, except such rights as will inure to a successor or permitted assignee pursuant to this Section 9.5. Notwithstanding anything to the contrary in this Section 9.5 or otherwise, Buyer shall at all times have all rights and remedies granted to Buyer pursuant to Section 5.6.

Appears in 4 contracts

Samples: Membership Interest Purchase Agreement (Meridian Waste Solutions, Inc.), Membership Interest Purchase Agreement (Meridian Waste Solutions, Inc.), Membership Interest Purchase Agreement (Meridian Waste Solutions, Inc.)

AutoNDA by SimpleDocs

Assignments; Successors; No Third-Party Rights. No Party may assign any of its rights or delegate or cause to be assumed any of its obligations under this Agreement Option without the prior written consent Consent of each other Party, except that Buyer may assign any of its rights hereunder to, and cause all of its obligations hereunder to be assumed by, any Related Person without the consent Consent of SellersSeller; provided, provided however, that in the event of such an assignment by Buyer, Buyer shall remain liable responsible for such obligationsall of its obligations hereunder. Subject to the preceding sentence, this Agreement Option will apply to, be binding in all respects upon and inure to the benefit of the successors and permitted assigns of the Parties, including Xxx Xxxxxx. Nothing expressed or referred to in this Agreement Option will be construed to give any Person other than the Parties any legal or equitable right, remedy or claim under or with respect to this Agreement Option or any provision of this AgreementOption, except such rights as will inure to a successor or permitted assignee pursuant to this Section 9.5. Notwithstanding anything to the contrary in this Section 9.5 or otherwise, Buyer shall at all times have all rights and remedies granted to Buyer pursuant to Section 5.68.5.

Appears in 1 contract

Samples: Terms and Conditions of Sale and Purchase (Meridian Waste Solutions, Inc.)

Assignments; Successors; No Third-Party Rights. No Party party may assign any of its rights or delegate or cause to be assumed any of its obligations under this Agreement without the prior written consent of each the other Partyparties, except that Buyer may assign any of its rights hereunder to, and cause all delegate any of its obligations under this Agreement to any Subsidiary of Buyer and may collaterally assign its rights hereunder to be assumed by, any Related Person without financial institution providing financing in connection with the consent of Sellers, provided that Buyer shall remain liable for such obligationsContemplated Transactions. 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 Partiesparties. Nothing expressed or referred to in this Agreement will be construed to give any Person other than the Parties 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, except such rights as will shall inure to a successor or permitted assignee pursuant to this Section 9.5. Notwithstanding anything to the contrary in this Section 9.5 or otherwise, Buyer shall at all times have all rights and remedies granted to Buyer pursuant to Section 5.614.10.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Advanced Nutraceuticals Inc/Tx)

Assignments; Successors; No Third-Party Rights. No Party Except as set forth in Section 8.6, no party may assign any of its rights or delegate or cause to be assumed any of its obligations under this Agreement without the prior written consent of each the other Partyparties hereto (which may not be unreasonably withheld or delayed), except and any purported such assignment without such consent shall be void, provided, however, that Buyer the Acquiror may assign any or all of its rights hereunder to, and cause all obligations under this Agreement to a wholly-owned subsidiary of its obligations hereunder to be assumed by, any Related Person the Acquiror without the prior consent of Sellers, provided that Buyer shall remain liable for such obligationsthe Company. Subject to the preceding sentenceforegoing, this Agreement will and all of the provisions hereof shall apply to, be binding in all respects upon upon, and inure to the benefit of the parties hereto and their successors and permitted assigns of and the Partiesparties indemnified pursuant to Article VII. Nothing expressed or referred to in this Agreement will be construed Agreement, express or implied, is intended to give confer upon any Person other than the Parties parties hereto any legal rights or equitable right, remedy or claim remedies of any nature whatsoever under or with respect to by reason of this Agreement or any provision of this Agreement, except such rights as will inure to a successor or permitted assignee pursuant . This Agreement and all of its provisions and conditions are for the sole and exclusive benefit of the parties to this Section 9.5. Notwithstanding anything to the contrary in this Section 9.5 or otherwise, Buyer shall at all times have all rights Agreement and remedies granted to Buyer pursuant to Section 5.6their successors and permitted assigns.

Appears in 1 contract

Samples: Acquisition Agreement (Vsource Inc)

AutoNDA by SimpleDocs

Assignments; Successors; No Third-Party Rights. No Party may assign any of its rights rights, or delegate delegate, or cause to be assumed assumed, any of its obligations under this Supply Agreement without the prior written consent of each the other PartyParty (which consent will not be unreasonably withheld or delayed). Notwithstanding the foregoing, except that Buyer may assign any either Party shall be permitted to transfer all (but not less than all) of its rights hereunder to, and cause obligations under this Agreement in connection with the transfer of a majority of the voting securities or all or substantially all of its obligations hereunder to be assumed bythe assets of such Party, any Related Person whether by sale, merger or otherwise, without the prior consent of Sellers, provided that Buyer shall remain liable for such obligationsthe other Party. Subject to the preceding sentence, this Supply Agreement will apply to, be binding in all respects upon upon, and inure to the benefit of of, the successors and permitted assigns of the Parties. Nothing expressed or referred to in this Supply Agreement will be construed to give any Person other than the Parties any legal or equitable right, remedy remedy, or claim under or with respect to this Agreement Supply Agreement, or any provision of this Supply Agreement, except such rights as will inure to a successor or permitted assignee pursuant to this Section 9.5. Notwithstanding anything to the contrary in this Section 9.5 or otherwise, Buyer shall at all times have all rights and remedies granted to Buyer pursuant to Section 5.614.4.

Appears in 1 contract

Samples: Supply Agreement (Haemonetics Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.