Benefit of Parties; Assignment. This Agreement shall be ------------------------------ binding upon and shall inure to the benefit of the parties hereto and their respective heirs, executors, legal representatives, successors and permitted assigns. No party shall have the right to assign any of its rights or obligations arising hereunder, except with the prior written consent of each other party hereto; provided, however, that any party may assign any or all of -------- ------- its rights and obligations hereunder to any person or entity who shall, by merger, consolidation, transfer of assets or otherwise, have acquired all or substantially all of the assets (not counting cash and cash equivalents) of such party; provided, further, that no such -------- ------- assignment shall relieve the assigning party of the obligation to satisfy and discharge the obligation(s) so assigned. Notwithstanding the foregoing, Xxxxxx shall have the right to assign this Agreement, and any rights and obligations arising hereunder (including entering into the Related Documents), to one or more Affiliates of Xxxxxx without the prior written consent of any other party hereto; provided, that no such assignment shall relieve Xxxxxx of any of its -------- obligations hereunder. Any purported assignment in violation of this Section 15.6 shall be null and void ab initio.
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Benefit of Parties; Assignment. This Agreement shall be ------------------------------ binding upon ------------------------------ and shall inure to the benefit of the parties hereto and their respective heirs, executors, legal representatives, successors and permitted assigns. No party shall have the right to assign or delegate any of its rights or obligations arising hereunder, except with the prior written consent of each other party hereto; provided, however, that any party may assign any or all of its rights, -------- ------- and delegate any or all of its rights and obligations obligations, hereunder to any person or entity who shall, by merger, consolidation, transfer of assets or otherwise, have acquired all or substantially all of the assets (not counting cash and cash equivalents) of such party; provided, further, that no such delegation shall -------- ------- assignment shall relieve the assigning delegating party of the obligation to satisfy and discharge the obligation(s) so assigneddelegated. Notwithstanding the foregoing, Xxxxxx the Seller shall have the right to assign this Agreement, and any rights and obligations arising hereunder (including entering into the Related Documents)hereunder, to one or more Affiliates an Affiliate of Xxxxxx the Seller without the prior written consent of any other party hereto; provided, that no such assignment shall relieve Xxxxxx the Seller of any of its -------- obligations hereunder. Any purported assignment or delegation in violation of this Section 15.6 16.3 shall be null and void ab initio.. ------------ -- ------
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Benefit of Parties; Assignment. This Agreement shall be ------------------------------ binding upon and shall inure to the benefit of the parties hereto and their respective heirs, executors, legal representatives, successors and permitted assigns. No party shall have the right to assign or delegate any of its rights or obligations arising hereunder, except with the prior written consent of each other party hereto; provided, however, that any party may assign any or all of -------- ------- its rights rights, and obligations delegate any or all of its obligations, hereunder to any person or entity who shall, by merger, consolidation, transfer of assets or otherwise, have acquired all or substantially all of the assets (not counting cash and cash equivalents) of such party; provided, further, that no such -------- ------- assignment delegation shall relieve the assigning delegating party of the obligation to satisfy and discharge the obligation(s) so assigneddelegated. Notwithstanding the foregoing, Xxxxxx the Seller shall have the right to assign this Agreement, and any rights and obligations arising hereunder (including entering into the Related Documents)hereunder, to one or more Affiliates an Affiliate of Xxxxxx the Seller without the prior written consent of any other party hereto; provided, that no such assignment shall relieve Xxxxxx the Seller of any of its -------- obligations hereunder. Any purported assignment or delegation in violation of this Section 15.6 17.3 shall be null and void ab initio.
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Samples: Asset Purchase Agreement (Vimrx Pharmaceuticals Inc)
Benefit of Parties; Assignment. This Agreement shall be binding ------------------------------ binding upon and shall inure to the benefit of the parties hereto and their respective heirs, executors, legal representatives, successors and permitted assigns. No party hereto shall have the right to assign or delegate any of its rights or obligations arising hereunder, except with the prior written consent of each other party hereto; provided, however, ----------------- that any party hereto may assign any or all of -------- ------- its rights rights, and obligations delegate any or all of its obligations, hereunder to any person or entity who shall, by merger, consolidation, transfer of assets or otherwise, have acquired all or substantially all of the assets (not counting cash and cash equivalents) of such party; provided, further, that no such -------- ------- assignment delegation shall relieve the assigning ----------------- delegating party of the obligation to satisfy and discharge the obligation(s) so assigneddelegated. Notwithstanding the foregoing, Xxxxxx shall have the right to assign this Agreement, and any rights and obligations arising hereunder (including entering into the Related Documents)hereunder, to one or more Affiliates an Affiliate of Xxxxxx without the prior written consent of any other party hereto; provided, that no such assignment shall relieve Xxxxxx of any of its -------- obligations hereunder. Any purported assignment or delegation in violation of this Section 15.6 18.3 shall be null and void ab -- initio.. ------
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Benefit of Parties; Assignment. This Agreement shall be ------------------------------ binding upon ------------------------------ and shall inure to the benefit of the parties hereto and their respective heirs, executors, legal representatives, successors and permitted assigns. No party shall have the right to assign or delegate any of its rights or obligations arising hereunder, except with the prior written consent of each other party hereto; provided, however, that any party may assign any or all of its rights, -------- ------- and delegate any or all of its rights and obligations obligations, hereunder to any person or entity who shall, by merger, consolidation, transfer of assets or otherwise, have acquired all or substantially all of the assets (not counting cash and cash equivalents) of such party; provided, further, that no such delegation shall -------- ------- assignment shall relieve the assigning delegating party of the obligation to satisfy and discharge the obligation(s) so assigneddelegated. Notwithstanding the foregoing, Xxxxxx shall have the right to assign this Agreement, and any rights and obligations arising hereunder (including entering into the Related Documents)hereunder, to one or more Affiliates an Affiliate of Xxxxxx without the prior written consent of any other party hereto; provided, that no such assignment shall relieve Xxxxxx of any of its -------- obligations hereunder. Any purported assignment or delegation in violation of this Section 15.6 23.3 shall be null and void ab initio.. -- ------
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