Common use of Benefit; Assignment Clause in Contracts

Benefit; Assignment. This Agreement inures to the benefit of and is binding upon the parties hereto and their respective legal representatives, successors, and assigns. No party may directly or indirectly, including by assignment, operation of law or change of control, transfer or assign this Agreement without the prior written consent of the other parties; provide that, following Closing, Buyer may do so without the consent of any other party.

Appears in 6 contracts

Samples: LLC Membership Interest Purchase Agreement (Biozone Pharmaceuticals, Inc.), LLC Membership Interest Purchase Agreement (Biozone Pharmaceuticals, Inc.), Stock Purchase Agreement (Biozone Pharmaceuticals, Inc.)

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Benefit; Assignment. This Agreement inures shall inure to the benefit of and is be binding upon the parties hereto and their respective legal representatives, successors, successors and assigns. No party may directly or indirectly, including by assignment, operation of law or change of control, transfer or assign this Agreement without the prior written consent of the other parties; provide thatprovided, following Closinghowever, that Buyer may do so without the consent assign this Agreement, in whole or in part, to any Affiliate of any other partyBuyer.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Shaw Group Inc), Asset Purchase Agreement (Stone & Webster Inc)

Benefit; Assignment. This Agreement is binding upon and inures to the benefit of the parties, their successors and is binding upon permitted assigns. This Agreement may not be assigned or the duties of the parties hereto and their respective legal representatives, successors, and assigns. No party may directly or indirectly, including by assignment, operation of law or change of control, transfer or assign this Agreement hereunder delegated to others without the prior written consent of the other parties; provide thatall parties hereto, following Closing, except that Buyer may do so assign its rights, duties and obligations hereunder to Parent or an affiliate of Buyer or Parent without the consent of any other partyCompany's consent.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Interliant Inc), Asset Purchase Agreement (Homecom Communications Inc)

Benefit; Assignment. This Agreement is binding upon and inures to the benefit of the parties, their successors and is binding upon permitted assigns. This Agreement may not be assigned or the duties of the parties hereto and their respective legal representatives, successors, and assigns. No party may directly or indirectly, including by assignment, operation of law or change of control, transfer or assign this Agreement hereunder delegated to others without the prior written consent of the other parties; provide thatall parties hereto, following Closing, except that Buyer may do so without the consent of any other party.assign its rights, duties and obligations

Appears in 2 contracts

Samples: Asset Purchase Agreement (Interliant Inc), Asset Purchase Agreement (Interliant Inc)

Benefit; Assignment. This Agreement inures shall inure to the benefit of and is be binding upon the parties hereto Parties and their respective legal representatives, successors, successors and assigns. No party Party may directly or indirectly, including by assignment, operation of law or change of control, transfer or assign this Agreement without the prior written consent of the other parties; provide that, following Closing, Buyer may do so without the consent of any other partyParties.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Vanguard Health Systems Inc), Purchase Agreement (Essex Corporation)

Benefit; Assignment. This Agreement is binding upon and inures to the benefit of the parties, their successors and is binding upon permitted assigns. This Agreement may not be assigned or the duties of the parties hereto and their respective legal representatives, successors, and assigns. No party may directly or indirectly, including by assignment, operation of law or change of control, transfer or assign this Agreement hereunder delegated to others without the prior written consent of the other parties; provide thatall parties hereto, following Closing, except that Buyer may do so assign its rights, duties and obligations hereunder to an affiliate of Buyer without the consent of any other partyCompany's or the Shareholders' consent.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Interliant Inc), Stock Purchase Agreement (Interliant Inc)

Benefit; Assignment. This Agreement is binding upon and inures to the benefit of the parties, their successors and is binding upon permitted assigns. This Agreement may not be assigned or the duties of the parties hereto and their respective legal representatives, successors, and assigns. No party may directly or indirectly, including by assignment, operation of law or change of control, transfer or assign this Agreement hereunder delegated to others without the prior written consent of the other parties; provide thatall parties hereto, following Closing, except that Buyer may do so assign its rights, duties and obligations hereunder to Parent or an affiliate of Buyer or Parent without the consent of any other partyCompany's or the Executives' consent.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nextron Communications Inc)

Benefit; Assignment. This Agreement is binding upon and inures to the benefit of and is binding upon the parties hereto and their respective legal representatives, successors, successors and permitted assigns. No party may to this Agreement may, directly or indirectly, including by assignmentmerger, operation of law law, or change of controlotherwise, transfer or assign either this Agreement without the prior written consent or any of the other parties; provide thatits rights, following Closing, Buyer may do so without the consent interests or obligations under this Agreement. Any purported assignment or delegation in violation of any other partythis Section will be null and void.

Appears in 1 contract

Samples: Consolidation Agreement

Benefit; Assignment. This Agreement inures shall inure to the benefit of and is be binding upon the parties hereto Parties and their respective legal representatives, successors, successors and assigns. No party Party may directly or indirectly, including by assignment, operation of law or change of control, transfer or assign this Agreement without the prior written consent of the other partiesParties; provide thatprovided, following Closinghowever, Parent and Buyer may do so without the consent assign their rights under this Agreement to any of any other partytheir Affiliates.

Appears in 1 contract

Samples: Asset Purchase Agreement (Fuller H B Co)

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Benefit; Assignment. This Agreement inures shall inure to the benefit of and is be binding upon the parties hereto Parties and their respective legal representatives, successors, successors and assigns. No party Party may directly or indirectly, including by assignment, operation of law or change of control, transfer or assign its rights under this Agreement without the prior written consent of the other parties; provide thatParties, following Closing, provided that Buyer may do so without the consent assign this Agreement, in whole or in part, to any Affiliate of Buyer, and to any other partyPerson who takes title to all or any portion of the Assets in connection with Buyer’s financing (including a sale/leaseback) of the transactions described herein.

Appears in 1 contract

Samples: Asset Purchase Agreement (Radiologix Inc)

Benefit; Assignment. This Agreement inures to the benefit of and is binding upon the parties hereto and their respective legal representatives, successors, and assigns. No party may directly or indirectly, including by assignment, operation of law Law or change of control, transfer or assign this Agreement without the prior written consent of the other partiesparty; provide that, following Closing, Buyer may do so without the consent of any the other party.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (MGT Capital Investments Inc)

Benefit; Assignment. This Agreement inures to the benefit of and is binding upon the parties hereto and their respective legal representatives, successors, and assigns. No party may directly or indirectly, including by assignment, operation of law or change of control, transfer or assign this Agreement without the prior written consent of the other parties; provide that, following Closing, Buyer may do so without the consent of any other party.

Appears in 1 contract

Samples: Asset Purchase Agreement (Counsel RB Capital Inc.)

Benefit; Assignment. This Agreement is binding upon and inures to the benefit of the parties, their successors and is binding upon permitted assigns. This Agreement may not be assigned or the duties of the parties hereto and their respective legal representatives, successors, and assigns. No party may directly or indirectly, including by assignment, operation of law or change of control, transfer or assign this Agreement hereunder delegated to others without the prior written consent of the other parties; provide thatall parties hereto, following Closing, except that Buyer may do so assign its rights, duties and obligations hereunder to Parent or an affiliate of Buyer or Parent without the consent of any other partyShareholders' and Company's consent.

Appears in 1 contract

Samples: Asset Purchase Agreement (Bioshield Technologies Inc)

Benefit; Assignment. This Agreement inures shall inure to the benefit of and is be binding upon the parties hereto Parties and their respective legal representatives, successors, successors and assigns. No party Party may directly or indirectly, including by assignment, operation of law or change of control, transfer or assign its rights under this Agreement without the prior written consent of the other parties; provide thatParties, following Closing, provided that Buyer may do so without assign this Agreement, in whole or in part, to any Affiliate of Buyer if such Affiliate assumes the consent obligations of any other partyBuyer hereunder.

Appears in 1 contract

Samples: Asset Purchase Agreement (Radiologix Inc)

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