Common use of Benefit and Binding Effect Clause in Contracts

Benefit and Binding Effect. 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 to this Agreement shall assign its rights or obligations hereunder without the express written consent of the other party, which consent shall not be unreasonably withheld.

Appears in 3 contracts

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

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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, upon and shall inure to the benefit of, of the parties hereto and their respective successors and permitted assigns; provided, however, that no party to this Agreement shall assign its rights or obligations hereunder without the express written consent of the other party, which consent shall not be unreasonably withheld.

Appears in 3 contracts

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

Benefit and Binding Effect. 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 Parties. This Agreement shall be binding upon, upon and shall inure to the benefit of, of the parties hereto Parties and their respective successors and permitted assigns; provided, however, that no party to this Agreement shall assign its rights or obligations hereunder without the express written consent of the other party, which consent shall not be unreasonably withheld.

Appears in 3 contracts

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

Benefit and Binding Effect. No party may assign this Agreement without the prior written consent of 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, upon and shall inure to the benefit of, of the parties hereto and their respective successors and permitted assigns; provided, however, that no party to this Agreement shall assign its rights or obligations hereunder without the express written consent of the other party, which consent shall not be unreasonably withheld.

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. No party may assign this Agreement without the prior written consent of 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, upon and shall inure to the benefit of, of the parties hereto and their respective successors and permitted assigns; provided, however, that no party to this Agreement shall assign its rights or obligations hereunder without the express written consent of the other party, which consent shall not be unreasonably withheld.

Appears in 2 contracts

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

Benefit and Binding Effect. 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 Parties. This Agreement shall be binding upon, upon and shall inure to the benefit of, of the parties hereto Parties and their respective successors and permitted assigns; provided, however, that no party to this Agreement shall assign its rights or obligations hereunder without the express written consent of the other party, which consent shall not be unreasonably withheld.

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. 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 Neither party to may assign this Agreement shall assign its rights or obligations hereunder without the express prior written consent of the other party, which consent . This Agreement shall not be unreasonably withheldbinding upon and inure to the benefit of the parties and their respective successors and permitted assigns.

Appears in 2 contracts

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

Benefit and Binding Effect. This Agreement shall be binding upon, upon and shall inure to the benefit of, of the parties hereto hereto, and their respective successors and assigns; provided, however, that no party to this . This Agreement shall assign its rights or obligations hereunder not be assigned without the express prior written consent of the other party, which consent shall not be unreasonably withheldparty hereto. 13.5.

Appears in 1 contract

Samples: Share Exchange Agreement

Benefit and Binding Effect. No party hereto may assign this Agreement without the prior written consent of the other parties hereto. 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; provided, however, that no party to this Agreement shall assign its rights or obligations hereunder without the express written consent of the other party, which consent shall not be unreasonably withheld.

Appears in 1 contract

Samples: Asset Purchase Agreement (Meredith Corp)

Benefit and Binding Effect. Either party may assign this Agreement without the prior written consent of the other party. This Agreement shall be binding upon, and shall inure to the benefit of, the parties hereto and their respective successors and permitted assigns; provided, however, that no party to this Agreement shall assign its rights or obligations hereunder without the express written consent of the other party, which consent shall not be unreasonably withheld.

Appears in 1 contract

Samples: Termination Agreement (Ediets Com Inc)

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Benefit and Binding Effect. This Agreement and all of the provisions hereof shall be binding upon, upon and shall inure to the benefit of, of the parties hereto and their respective successors and permitted assigns; provided, however, that no party to but neither this Agreement shall assign its rights nor any of the rights, interest or obligations hereunder shall be assigned by any party hereto without the express prior written consent of the other party. This Agreement is not intended to, which consent and shall not be unreasonably withheldnot, confer upon any other person except the parties hereto any rights or remedies hereunder.

Appears in 1 contract

Samples: 1 Asset Purchase Agreement (Spanish Broadcasting System of New York Inc)

Benefit and Binding Effect. No party may assign this Agreement without the prior written consent of the other party hereto. This Agreement shall be binding upon, upon and shall inure to the benefit of, of the parties hereto and their and their respective successors and permitted assigns; provided, however, that no party to this Agreement shall assign its rights or obligations hereunder without the express written consent of the other party, which consent shall not be unreasonably withheld.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paxson Communications Corp)

Benefit and Binding Effect. 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 Parties. This Agreement shall be binding upon, upon and shall inure to the benefit of, of the parties hereto Parties and their respective successors and permitted assigns; provided, however, that no party to this Agreement shall assign its rights or obligations hereunder without the express written consent of the other party, which consent shall not be unreasonably withheld.. BUS_RE/5486564.1

Appears in 1 contract

Samples: Purchase and Sale Agreement (Gci Inc)

Benefit and Binding Effect. This Agreement shall be binding upon, upon and shall inure to the benefit of, of the parties hereto hereto, and their respective successors and assigns; provided, however, that no party to this . This Agreement shall assign its rights or obligations hereunder not be assigned without the express prior written consent of the other party, which consent shall not be unreasonably withheldparty hereto.

Appears in 1 contract

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

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

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