Common use of BENEFIT; SUCCESSOR AND ASSIGNS Clause in Contracts

BENEFIT; SUCCESSOR AND ASSIGNS. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns but shall not be assignable by any party hereto without the written consent of all of the other parties hereto; provided, however, that the Escrow Agent may assign its rights hereunder to a successor Escrow Agent appointed hereunder in accordance with Section 7. Except for the persons specified in the preceding sentence, this Agreement is not intended to confer on any person not a party hereto any rights or remedies hereunder.

Appears in 8 contracts

Samples: Indemnity Escrow Agreement (Rexford Industrial Realty, Inc.), Indemnification & Liability (Rexford Industrial Realty, Inc.), Indemnity Escrow Agreement (Rexford Industrial Realty, Inc.)

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