Common use of Benefit of Parties Clause in Contracts

Benefit of Parties. All of the terms and provisions of this Agreement shall be binding upon and inure to the benefit of the parties and their respective permitted successors and assigns. This Agreement shall not be assignable by Buyer or Seller.

Appears in 4 contracts

Samples: Asset Purchase Agreement, Earnout Agreement, Asset Purchase Agreement (Hercules Offshore, Inc.)

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Benefit of Parties. All of the terms and provisions of this Agreement shall be binding upon and inure to the benefit of the parties and their respective permitted successors and assigns. This Agreement shall not be assignable by Buyer or SellerSelling Stockholder, other than to his legal representatives pursuant to the laws of descent and distribution.

Appears in 2 contracts

Samples: Contingent Payment Agreement (U S Laboratories Inc), Contingent Payment Agreement (U S Laboratories Inc)

Benefit of Parties. All of the terms and provisions of this This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective permitted successors successors, heirs, legal representatives and assigns. This Agreement Purchaser shall not be assignable by Buyer assign this Agreement to any unaffiliated entity which is not controlled by, in control of , or Sellerunder common control with Purchaser.

Appears in 1 contract

Samples: Asset Purchase Agreement (Firstamerica Automotive Inc /De/)

Benefit of Parties. All of the terms and provisions of this Agreement shall be binding upon and inure to the benefit of the parties and their respective permitted successors and assigns. This Agreement shall not be assignable by Buyer or Sellereither party.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cornerstone Growth & Income REIT, Inc.)

Benefit of Parties. All of the terms and provisions of this Agreement shall be binding upon and inure to the benefit of the parties and their respective permitted per- mitted successors and assigns. This Agreement shall not be assignable by Buyer Buyer, but it shall be assignable by Seller to its shareholders or Sellerlegal successor.

Appears in 1 contract

Samples: Contribution Agreement

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Benefit of Parties. All of the terms and provisions of this Agreement ------------------ shall be binding upon and inure to the benefit of the parties and their respective permitted successors and assigns. This Agreement shall not be assignable by Buyer or SellerSelling Stockholder, other than to his legal representatives pursuant to the laws of descent and distribution.

Appears in 1 contract

Samples: Contingent Payment Agreement (U S Laboratories Inc)

Benefit of Parties. All of the terms and provisions of this Agreement shall be binding upon and inure to the benefit of the parties Parties and their respective permitted successors and assigns. This Agreement shall not be assignable by Buyer or Sellereither Party without the express written consent of the other Party; the consent of which shall not be unreasonably withheld.

Appears in 1 contract

Samples: Earnout Agreement (Genesis Energy Lp)

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