Common use of Benefit of Parties; Assignment Clause in Contracts

Benefit of Parties; Assignment. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and permitted assigns. The Agreement may not be assigned by Seller or the Principals except with the prior written consent of Buyer. Buyer may freely assign this Agreement to a wholly-owned subsidiary of Buyer; provided, however, that Buyer shall guarantee the obligations of such subsidiary. Nothing herein contained shall confer or is intended to confer on any third party or entity which is not a party to this Agreement any rights under this Agreement.

Benefit of Parties; Assignment. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and permitted assigns. The Agreement may not be assigned by Seller Sellers or the Principals except with the prior written consent of Buyer. Buyer may freely assign this Agreement to a wholly-wholly- owned subsidiary of Buyer; provided, however, that Buyer shall guarantee the obligations of such subsidiaryremain obligated to Sellers and Principals pursuant to this Agreement. Nothing herein contained shall confer or is intended to confer on any third party or entity which is not a party to this Agreement any rights under this Agreement.

Benefit of Parties; Assignment. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and permitted assigns. The Agreement may not be assigned by Seller or the Principals except with the prior written consent of Buyer. Buyer may freely assign this Agreement to a wholly-owned subsidiary of Buyer; provided, however, that Buyer shall guarantee the obligations of such subsidiary. Nothing herein contained shall confer or is intended to confer on any third party or entity which is not a party to this Agreement any rights under this Agreement.

Benefit of Parties; Assignment. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their its respective successors successors, legal representatives and permitted assigns. The Agreement may not be assigned by either Buyer or Seller or the Principals except with the prior written consent of Buyer. Buyer may freely assign the other party; provided that no prior consent shall be required for an assignment of this Agreement by Buyer to a direct or indirect wholly-owned subsidiary of Buyer; provided, however, that Buyer shall guarantee the obligations of such subsidiary. Nothing herein contained shall confer or is intended to confer on any third party or entity which that is not a party to this Agreement any rights under this Agreement.