Common use of Benefit; Successors and Assigns Clause in Contracts

Benefit; Successors and Assigns. Except as otherwise provided herein, this Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and permitted assigns; provided, however, that this Agreement shall not inure to the benefit of any Prospective Transferee unless such Prospective Transferee shall have complied with the terms of Section 3.04. No Stockholder may assign any of its rights hereunder to any Person other than a transferee that has complied with the requirements of Section 3.04 in all respects. Nothing in this Agreement either express or implied is intended to confer on any person other than the parties hereto and their respective successors and permitted assigns, any rights, remedies or obligations under or by reason of this Agreement.

Appears in 2 contracts

Samples: Stockholders' Agreement (Cornerstone Properties Inc), Stockholders' Agreement (Hexalon Real Estate Inc)

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Benefit; Successors and Assigns. Except as otherwise provided herein, this Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and permitted assigns; provided, however, that this Agreement shall not inure to the benefit of any Prospective Transferee unless such Prospective Transferee shall have complied with the terms of Section 3.042(f). No Stockholder Original Shareholder may assign any of its rights hereunder to any Person other than a transferee that has complied with the requirements of Section 3.04 2(f) in all respectsrespects to the extent required thereby. Nothing in this Agreement either express or implied is intended to confer on any person other than the parties hereto and their respective successors and permitted assigns, any rights, remedies or obligations under or by reason of this Agreement.

Appears in 2 contracts

Samples: Shareholders’ Agreement (Imax Corp), Shareholders’ Agreement (Imax Corp)

Benefit; Successors and Assigns. Except as otherwise provided herein, this Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and permitted assigns; provided, however, that this Agreement shall not inure to the benefit of any Prospective Transferee prospective transferee unless such Prospective Transferee prospective transferee shall have complied with agreed in writing to be bound by the terms of Section 3.04this Agreement. No Consenting Stockholder may assign any of its rights hereunder to any Person person other than a transferee that has complied with the requirements of this Section 3.04 6.05 in all respects. Nothing in this Agreement either express or implied is intended to confer on any person other than the parties hereto and their respective successors and permitted assigns, any rights, remedies or obligations under or by reason of this Agreement.

Appears in 1 contract

Samples: Stockholders' Agreement (Atlantic Express Transportation Corp)

Benefit; Successors and Assigns. Except as otherwise provided herein, this Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and permitted assigns; provided, however, that this Agreement shall not inure to the benefit of any Prospective Transferee unless such Prospective Transferee shall have complied with the terms of Section 3.043.03. No Stockholder may assign any of its rights hereunder to any Person other than a transferee that has complied with the requirements of Section 3.04 3.03 in all respects. Nothing in this Agreement either 20 express or implied is intended to confer on any person other than the parties hereto and their respective successors and permitted assigns, any rights, remedies or obligations under or by reason of this Agreement.

Appears in 1 contract

Samples: Stockholders' Agreement (New York State Teachers Retirement System)

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Benefit; Successors and Assigns. Except as otherwise provided herein, this Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and permitted assigns; provided, however, that this Agreement shall not inure to the benefit of any Prospective Transferee unless such Prospective Transferee shall have complied with the terms of Section 3.043.03. No Stockholder may assign any of its rights hereunder to any Person other than a transferee that has complied with the requirements of Section 3.04 3.03 in all respects. Nothing in this Agreement either express or implied is intended to confer on any person other than the parties hereto and their respective successors and permitted assigns, any rights, remedies or obligations under or by reason of this Agreement.

Appears in 1 contract

Samples: Stockholders' Agreement (Cornerstone Properties Inc)

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