Common use of Benefit and Binding Effect Clause in Contracts

Benefit and Binding Effect. Neither party hereto may assign this Agreement without the prior written consent of the other party hereto. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

Appears in 4 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Sourcecorp Inc), Assignment and Assumption Agreement (Phillips Van Heusen Corp /De/)

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Benefit and Binding Effect. Neither No party hereto may assign this Agreement without the prior written consent of the each other party hereto, except that, any party may assign any or all of its rights under this Agreement to any Affiliate (which assignment shall not relieve the assigning party of any obligations or liabilities under this Agreement). This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Paxson Communications Corp), Asset Acquisition Agreement (Paxson Communications Corp), Asset Purchase Agreement (Calypte Biomedical Corp)

Benefit and Binding Effect. Neither This Agreement shall be binding upon, and shall inure to the benefit of, the parties hereto and their successors and assigns; provided, however, that no party hereto may assign to this Agreement shall assign its rights or obligations hereunder without the prior express written consent of the other party hereto. This Agreement party, which consent shall not be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assignsunreasonably withheld.

Appears in 3 contracts

Samples: Merger Agreement (First Security Bancorp Inc /Ky/), Merger Agreement (First Security Bancorp Inc /Ky/), Merger Agreement (Bourbon Bancshares Inc /Ky/)

Benefit and Binding Effect. Neither party hereto This Agreement shall inure solely to the benefit of the other Parties, without conferring on any other Person any rights of enforcement or other rights. No Party may assign this Agreement without the prior written consent of the other party heretoParties. This Agreement shall be binding upon and inure to the benefit of the parties hereto Parties and their respective successors and permitted assigns.

Appears in 3 contracts

Samples: Asset Purchase and Contribution Agreement (Alaska Communications Systems Group Inc), Asset Purchase and Contribution Agreement (Gci Inc), Asset Purchase and Contribution Agreement (Alaska Communications Systems Group Inc)

Benefit and Binding Effect. Neither No party hereto may assign this Agreement without the prior written consent of the each other party hereto, except that, any party may assign any or all of its rights under this Agreement to any Affiliate (which assignment will not relieve the assigning party of any obligations or liabilities under this Agreement). This Agreement shall will be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Diametrics Medical Inc), Asset Purchase Agreement (Thoratec Corp)

Benefit and Binding Effect. Neither party hereto This Agreement shall inure solely to the benefit of the Parties, without conferring on any other Person any rights of enforcement or other rights. No Party may assign this Agreement without the prior written consent of the other party heretoParties. This Agreement shall be binding upon and inure to the benefit of the parties hereto Parties and their respective successors and permitted assigns.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (FTD Companies, Inc.), Purchase and Sale Agreement (Alaska Communications Systems Group Inc)

Benefit and Binding Effect. Neither party hereto may assign this Agreement without the prior written consent of the other party heretoparty. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

Appears in 2 contracts

Samples: Registration Rights Agreement (Landmark Communications Inc), Agreement Regarding Ownership Restrictions (Landmark Communications Inc)

Benefit and Binding Effect. Neither party hereto may assign this Agreement without the prior written consent of the other party heretoparty. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Securities Purchase Agreement (Red Cube International Ag)

Benefit and Binding Effect. Neither party hereto may assign this Agreement without the prior written consent of the other party hereto. This Agreement shall be binding upon and inure to the benefit of the parties hereto hereto, and their respective successors and permitted assigns. This Agreement shall not be assigned without the prior written consent of the other party hereto. 13.5.

Appears in 1 contract

Samples: Share Exchange Agreement

Benefit and Binding Effect. Neither party hereto may assign this Agreement without the prior written consent of the other party hereto; provided, that Buyer may assign this Agreement to any entity controlled by Buyer. This Subject to the preceding sentence, this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Option Purchase Agreement (Paxson Communications Corp)

Benefit and Binding Effect. Neither party hereto may assign this Agreement without the prior written consent of the other party hereto. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.; provided, however, that Buyer may assign its

Appears in 1 contract

Samples: Asset Purchase Agreement (Paxson Communications Corp)

Benefit and Binding Effect. Neither No party hereto may assign this Agreement without the prior written consent of the other party hereto. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors successors, heirs and permitted assigns.

Appears in 1 contract

Samples: Asset Purchase Agreement (Equity Media Holdings CORP)

Benefit and Binding Effect. Neither party hereto may assign this Agreement without the prior written consent of the other party hereto,. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Asset Purchase Agreement (American Radio Systems Corp /Ma/)

Benefit and Binding Effect. Neither party hereto may assign this Agreement without the prior written consent of the other party hereto. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and hereto, their respective heirs, legal representatives, successors and permitted assigns, but may not be assigned by either party without the express written consent of the other party.

Appears in 1 contract

Samples: Real Estate Donation Agreement

Benefit and Binding Effect. Neither party hereto may assign this Agreement without the prior written consent of the other party hereto. This Agreement shall be binding upon and inure to the benefit of the parties hereto hereto, and their respective successors and permitted assigns. This Agreement shall not be assigned without the prior written consent of the other party hereto.

Appears in 1 contract

Samples: Share Exchange Agreement (Future Now Group Inc.)

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Benefit and Binding Effect. Neither No party hereto may assign this Agreement without the prior written consent of the other party hereto. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paxson Communications Corp)

Benefit and Binding Effect. Neither party hereto may assign this Agreement without the prior written consent of the other party heretoparty. Any attempt to assign this Agreement or any part hereof in violation of this Section 6.2 shall be null and void and of no effect whatsoever. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Facility Management Agreement (Haynes International Inc)

Benefit and Binding Effect. Neither party hereto may assign this Agreement without the prior written consent of the other party hereto. This Agreement shall -------------------------- be binding upon and inure to the benefit of the parties hereto named herein and their respective successors and permitted assignsassigns only and no other person or entity not a party hereto shall have any rights hereunder. This Agreement and the rights, interests or obligations hereunder may not be assigned by any of the parties hereto without the prior written consent of the other parties hereto.

Appears in 1 contract

Samples: Merger Agreement (Mercantile Bancorporation Inc)

Benefit and Binding Effect. Neither No party hereto may assign this Agreement without the prior written consent of the other party parties hereto. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Asset Purchase Agreement (Meredith Corp)

Benefit and Binding Effect. Neither party hereto may assign this This Agreement without the prior written consent and all of the other party hereto. This Agreement provisions hereof shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, but neither this Agreement nor any of the rights, interest or obligations hereunder shall be assigned by any party hereto without the prior written consent of the other party. This Agreement is not intended to, and shall not, confer upon any other person except the parties hereto any rights or remedies hereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Spanish Broadcasting System of New York Inc)

Benefit and Binding Effect. Neither Either party hereto may assign this Agreement without the prior written consent of the other party heretoparty. This Agreement shall be binding upon upon, and shall inure to the benefit of of, the parties hereto and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Termination Agreement (Ediets Com Inc)

Benefit and Binding Effect. Neither party hereto may assign this Agreement without the prior written consent of the other party hereto, which consent shall not be unreasonably withheld. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Asset Purchase Agreement (Autotrader Com Inc)

Benefit and Binding Effect. Neither party None of the parties hereto may assign the rights under or delegate any duties under this Agreement without the prior written consent of the other party parties hereto. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Contribution Agreement (Autotrader Com Inc)

Benefit and Binding Effect. Neither No party hereto may assign this Agreement without the prior written consent of the other party hereto. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paxson Communications Corp)

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