Bind and Benefit Clause Samples
The "Bind and Benefit" clause establishes that the rights and obligations outlined in an agreement are legally binding on the parties involved and also extend to their successors, assigns, or affiliates. In practice, this means that if a party transfers its interest in the contract to another entity, the new party is equally bound by the contract's terms and can also benefit from its provisions. This clause ensures continuity and enforceability of the agreement, preventing parties from evading responsibilities or benefits through assignment or succession, and thereby maintains the integrity and intent of the original contract.
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Bind and Benefit. The terms and conditions contained in this Agreement will run with the Property and bind and inure to the benefit of the parties, their respective heirs, executors, administrators, successors and assigns.
Bind and Benefit. This Agreement shall bind and benefit the successors and permitted assigns of the parties.
Bind and Benefit. The terms and conditions contained in this Lease will run with the Premises and inure to the benefit of the parties, their respective heirs, executors, administrators, successors and assigns.
Bind and Benefit. The terms and conditions contained herein shall inure to the benefit of and be binding upon Licensor and Licensee and each of their respective heirs, executors, administrators, successors, and permitted assigns.
Bind and Benefit. The terms and conditions contained in this Agreement will run with the Park and be binding upon and inure to the benefit of the parties hereto, and their respective successors and assigns.
Bind and Benefit. This Agreement shall bind and benefit the heirs, successors, administrators, trustees, and assigns of Licensor and Licensee.
Bind and Benefit. The terms and conditions of this Agreement bind and inure to the benefit of the Parties, and their respective heirs, executors, administrators, successors and assigns, provided that no Grantee or Grantees may assign its rights or obligations hereunder except as per section