Common use of Binding and Benefit Clause in Contracts

Binding and Benefit. This Agreement shall be binding upon and inure to ------------------- the benefit of the parties hereto and their respective heirs, personal representatives, successors and assigns, except that no party may assign or transfer its rights or obligations under this Agreement without the prior written consent of the other parties hereto; provided, however, that the -------- ------- obligation to register Registerable Shares shall be enforceable by direct or remote transferees of Registerable Shares now owned by the Stockholders only if the transfer results from the death of any person, a gift made without consideration or the transfer of all or substantially all of the assets of an entity, by merger, consolidation, asset sale or otherwise. Without limiting the foregoing, any transferee of Registerable Shares must agree in writing to be bound by the provisions of Subsection 6(c) hereof.

Appears in 3 contracts

Samples: Registration Rights Agreement (Ubid Inc), Registration Rights Agreement (Ubid Inc), Registration Rights Agreement (Ubid Inc)

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Binding and Benefit. This Agreement shall be binding upon and inure to ------------------- the benefit of the parties hereto and their respective heirs, personal representatives, successors and assigns, except that no party may assign or transfer its rights or obligations under this Agreement without the prior written consent of the other parties hereto; provided, however, that the -------- ------- obligation to register Registerable Registrable Shares shall be enforceable by direct or remote transferees of Registerable Registrable Shares now owned by the Stockholders PC Mall only if the transfer results from the death of any person, a gift made without consideration or the transfer of all or substantially all of the assets of an entity, by merger, consolidation, asset sale or otherwise. Without limiting the foregoing, any transferee of Registerable Registrable Shares must agree in writing to be bound by the provisions of Subsection 6(c) hereof.

Appears in 3 contracts

Samples: Registration Rights Agreement (Pc Mall Inc), Registration Rights Agreement (Ecost Com Inc), Registration Rights Agreement (Ecost Com Inc)

Binding and Benefit. This Agreement shall be binding upon and inure to ------------------- the benefit of the parties hereto and their respective heirs, personal representatives, successors and assigns, except that no party may assign or transfer its rights or obligations under this Agreement without the prior written consent of the other parties hereto; provided, however, that the -------- ------- obligation to register Registerable Shares shall be enforceable by direct or remote transferees of Registerable Shares now owned by the Stockholders CCI only if the transfer results from the death of any person, a gift made without consideration or the transfer of all or substantially all of the assets of an entity, by merger, consolidation, asset sale or otherwise. Without limiting the foregoing, any transferee of Registerable Shares must agree in writing to be bound by the provisions of Subsection 6(c) hereof.

Appears in 3 contracts

Samples: Registration Rights Agreement (Ubid Inc), Registration Rights Agreement (Ubid Inc), Registration Rights Agreement (Ubid Inc)

Binding and Benefit. This Agreement shall be binding upon and inure to ------------------- the benefit of the parties hereto and their respective heirs, personal representatives, successors and assigns, except that no party may assign or transfer its rights or obligations under this Agreement without the prior written consent of the other parties hereto; provided, however, that the -------- ------- obligation to register Registerable Registrable Shares shall be enforceable by direct or remote transferees of Registerable Registrable Shares now owned by the Stockholders Stockholder only if the transfer results from the death of any person, a gift made without consideration or the transfer of all or substantially all of the assets of an entity, by merger, consolidation, asset sale or otherwise. Without limiting the foregoing, any transferee of Registerable Registrable Shares must agree in writing to be bound by the provisions of Subsection 6(c) hereof.

Appears in 2 contracts

Samples: Registration Rights Agreement (Ecost Com Inc), Registration Rights Agreement (Ecost Com Inc)

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Binding and Benefit. This Agreement shall be binding upon and inure to ------------------- the benefit of the parties hereto and their respective heirs, personal representatives, successors and assigns, except that no party may assign or transfer its rights or obligations under this Agreement without the prior written consent of the other parties hereto; provided, however, that the -------- ------- obligation to register Registerable Shares shall be enforceable by direct or remote transferees of Registerable Shares now owned by the Stockholders a Shareholder only if the transfer results from the death of any person, a gift made without consideration or the transfer of all or substantially all of the assets of an entity, by merger, consolidation, asset sale or otherwise. Without limiting the foregoing, any transferee of Registerable Shares must agree in writing to be bound by the provisions of Subsection 6(c) hereof.

Appears in 1 contract

Samples: Registration Rights Agreement (Network Connection Inc)

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