Common use of Binding Agreement and Successors Clause in Contracts

Binding Agreement and Successors. The 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 and the rights of the parties hereunder may not be assigned, and the obligations of the parties hereunder may not be delegated, in whole or in part, without the prior written consent of the other party hereto.

Appears in 3 contracts

Samples: Employment Agreement (Interactive Magic Inc /Md/), Employment Agreement (Interactive Magic Inc /Md/), Employment Agreement (Interactive Magic Inc /Md/)

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Binding Agreement and Successors. The 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 and the rights of the parties hereunder may not be assigned, and the obligations of the parties hereunder may not be delegated, in whole or in part, without the prior written consent of the other party hereto.

Appears in 2 contracts

Samples: Employment Agreement (Interactive Magic Inc /Md/), Employment Agreement (Interactive Magic Inc /Md/)

Binding Agreement and Successors. The 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 and the rights of the parties .parties hereunder may not be assigned, and the obligations of the parties hereunder may not be delegated, in whole or in part, without the prior written consent of the other party hereto.

Appears in 2 contracts

Samples: Employment Agreement (Interactive Magic Inc /Md/), Employment Agreement (Interactive Magic Inc /Md/)

Binding Agreement and Successors. The 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 prior to the consummation of this Agreement and the rights Rights of the parties hereunder may not be assigned, and provided that the obligations of the parties hereunder may not be delegated, in whole or in part, without the prior written consent of the other party hereto.

Appears in 1 contract

Samples: Business Combination Agreement (It Partners Inc)

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Binding Agreement and Successors. The 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 and the rights of the parties hereunder may not be assigned, and the obligations of the parties hereunder may not be delegated, in whole or in part, without the prior written consent of the other party hereto., except

Appears in 1 contract

Samples: Stock Purchase Agreement (Litton Industries Inc)

Binding Agreement and Successors. The 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 prior to the consummation of this Agreement and the rights of the parties hereunder may not be assigned, and provided that the obligations of the parties hereunder may not be delegated, in whole or in part, without the prior written consent of the other party hereto.

Appears in 1 contract

Samples: Business Combination Agreement (It Partners Inc)

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