Common use of Benefits and Obligations Clause in Contracts

Benefits and Obligations. The covenants and agreements contained in this Agreement shall inure to the benefit of, and be binding upon, the Partners and their respective legal successors. Any persons succeeding to the interest of a Partner shall succeed to all of such Partner's rights, interests and obligations under this Agreement, subject to and with the benefit of all terms and conditions of this Agreement.

Appears in 2 contracts

Samples: Partnership Agreement (Broadway Series Management Group Inc), Partnership Agreement (SFX Entertainment Inc)

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Benefits and Obligations. The covenants and agreements contained in this Agreement herein shall inure to the benefit of, and be binding upon, the Partners and their respective legal legal, successors. Any persons succeeding to the interest of a Partner shall succeed to all of such Partner's rights, interests and obligations under this Agreementhereunder, subject to and with the benefit of all terms and conditions of this Agreement, including the restrictive conditions contained herein.

Appears in 2 contracts

Samples: Partnership Agreement (Accredo Health Inc), Partnership Agreement (Accredo Health Inc)

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Benefits and Obligations. The covenants and agreements herein contained in this Agreement shall inure to the benefit of, and be binding upon, the Partners and their respective legal successors. Any persons Person succeeding to the interest of a Partner as provided herein shall succeed to all of such Partner's rights, interests interests, obligations and obligations under this Agreementliabilities hereunder, subject to and with the benefit of all terms and conditions of this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (Nalco Energy Services Equatorial Guinea LLC)

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