Common use of Benefits; Assignment Clause in Contracts

Benefits; Assignment. The provisions of this Agreement are binding upon, and inure to the benefit of, Investor and the Company and their respective successors and Persons acquiring any Securities by Transfer in accordance with Article 6, to the extent provided therein. Nothing in this Agreement, express or implied, is intended to confer upon any Person other than Investor and the Company any rights, remedies or obligations under or by reason of this Agreement. Except as specifically stated in Article 6, none of the rights or obligations of the Company or Investor hereunder may be assigned to any other Person under any circumstances.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Hearst Communications Inc), Securities Purchase Agreement (Ivillage Inc), Securities Purchase Agreement (Ivillage Inc)

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Benefits; Assignment. The provisions of this Agreement are binding upon, and inure to the benefit of, Investor and the Company and their respective successors and Persons acquiring any Securities Investor Shares by Transfer in accordance with Article 6, to the extent provided therein. Nothing in this Agreement, express or implied, is intended to confer upon any Person other than Investor and the Company any rights, remedies or obligations under or by reason of this Agreement. Except as specifically stated in Article 66 (and as provided in Section 1.5), none of the rights or obligations of the Company or Investor hereunder may be assigned to any other Person under any circumstances.

Appears in 1 contract

Samples: Investment Agreement (Nextel Communications Inc)

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