Binding Contract; Assignment Sample Clauses

Binding Contract; Assignment. This Contract shall be binding upon and inure to the benefit of the successors and assigns of the Parties. This Contract may be assigned in whole to any a parent company or wholly owned subsidiary entity that directly controls, is controlled by, or is under common control with Craftmasters (an “Affiliate”) without the prior written consent of the BEDC. This Contract shall not be assigned in whole or in part to any non- Affiliate without the prior written consent of the BEDC Board and ratification by the City Council of the City of Xxxxxxxx (“City Council”), which consent shall not be unreasonably withheld if the assignee demonstrates the financial ability to perform in the reasonable judgment of the BEDC Board and City Council. Each assignment shall be in writing executed by Xxxxxxxxxxxx and the assignee and shall obligate the assignee to be bound by this Contract to the extent this Contract applies or relates to the obligations, rights, title or interests being assigned. No assignment by Craftmasters shall release Craftmasters from any liability that resulted from an act or omission by Craftmasters that occurred prior to the effective date of the assignment unless the BEDC approves the release in writing. Craftmasters shall maintain written records of all assignments made by Craftmasters to assignee, including a copy of each executed assignment and the assignee’s notice information as required by this Contract, and, upon written request from the BEDC, any party or assignee, shall provide a copy of such records to the requesting person or entity, and this obligation shall survive the assigning party’s sale, assignment, transfer or other conveyance of any interest in this Contract or the Property. The BEDC shall not be required to make any representations with respect to any assignment and shall not be required to consent to an assignment to an Affiliate.
Sample 1Sample 2
AutoNDA by SimpleDocs
Binding Contract; Assignment. This Contract is binding upon the heirs, executors, administrators and successors of the respective parties. This Contract is not assignable by Purchaser without the written consent of Seller, Any purported assignment without Seller's written consent shall be of no force or effect and shall constitute a default pursuant to which Seller may exercise its remedies as set forth in Section 10.
Sample 1

Related to Binding Contract; Assignment

  • Binding Agreement; Assignment This Agreement shall inure to the benefit of, be binding upon, and be enforceable by the Company and its successors and assigns. The Participant shall not assign (except in accordance with Section 6 hereof) any part of this Agreement without the prior express written consent of the Company.

  • Binding Contract This Contract shall be binding upon the parties hereto and upon their successors and assigns, and shall inure to the benefit of said parties and their successors and assigns.

  • Contract Assignment You cannot assign this contract to another person nor sublet any part of the premises.

  • Binding Effect; Assignment This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective legal representatives, successors and permitted assigns. This Agreement shall not be assigned by either party without the prior written consent of the other party hereto.

  • Binding Agreement This Agreement shall be binding and inure to the benefit of the Parties hereto and their respective heirs, legal successors, and assigns.

  • Binding Agreements This Agreement and the other Financing Documents executed and delivered by the Borrowers have been properly executed and delivered and constitute the valid and legally binding obligations of the Borrowers and are fully enforceable against each of the Borrowers in accordance with their respective terms, subject to bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting the rights and remedies of creditors and secured parties, and general principles of equity regardless of whether applied in a proceeding in equity or at law.

  • Shift Assignment Should the University elect to establish a shift on any other schedule than the regular day shift (Monday through Friday) or to assign employees to work on any such shift, the employee(s) with the most seniority in the classification affected or to be assigned on such shift shall have preference in moving to such shift. If an insufficient number of employees in the classification elect to move to such shift, then the employee(s) with the least seniority in the classification shall be assigned to such shift. If positions or shifts are reduced or eliminated or movement of personnel to other shifts is required, then the seniority of the affected employee will prevail in the selection of shift, provided the affected employee can do the required work. Such shift preference is only applicable within the employee's classification.

  • Binding Effect and Assignment This Agreement and all of the provisions hereof shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, but, except as otherwise specifically provided herein, neither this Agreement nor any of the rights, interests or obligations of the parties hereto may be assigned by either of the parties without prior written consent of the other.

  • SUB-CONTRACTING AND ASSIGNMENT 18.1 Subject to clause 18.3, neither party shall assign, novate, subcontract or otherwise dispose of any or all of its rights and obligations under this agreement without the prior written consent of the other party, neither may the Supplier sub-contract the whole or any part of its obligations under this agreement except with the express prior written consent of the Authority, such consent not to be unreasonably withheld.

  • Assignment Amendments Waiver and Contract Complete 8.1 The Contractor may neither assign nor transfer any rights or obligations under this Agreement without the prior consent of the Authority and a fully executed Assignment Agreement, executed and approved by the same parties who executed and approved this Agreement, or their successors in office. Any attempted assignment without said consent shall be void and of no effect. The Authority may assign or otherwise transfer or dispose of all or a portion of this Agreement in its sole discretion and without the consent of the Contractor. The Contractor shall execute all consents reasonably required to facilitate such assignment or other transfer.

Time is Money Join Law Insider Premium to draft better contracts faster.