Common use of Binding Effect and Benefit Clause in Contracts

Binding Effect and Benefit. This agreement shall inure to the benefit of, and shall be binding upon, the parties hereto, and their respective successors and permitted assigns. Otherwise, this agreement shall not create any rights for the benefit of any third party.

Appears in 3 contracts

Samples: Lease Agreement (Speizman Industries Inc), Lease Agreement (Speizman Industries Inc), Lease Agreement (Speizman Industries Inc)

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Binding Effect and Benefit. This agreement Agreement shall inure to the benefit of, and shall be binding upon, the parties hereto, and their respective heirs, executors, administrators, personal representatives, successors and permitted assigns. Otherwise, this agreement Agreement shall not create any rights for the benefit of any third party.

Appears in 2 contracts

Samples: Operating Agreement (Success Acquisition Corp), Operating Agreement (Success Acquisition Corp)

Binding Effect and Benefit. This agreement Agreement shall inure to the benefit of, and shall be binding upon, the parties hereto, and their respective successors and permitted assigns. Otherwise, this agreement shall Agreement is not intended to create any rights for the benefit of any third party.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Janel World Trade LTD), Asset Purchase and Sale Agreement (Sedona Corp)

Binding Effect and Benefit. This agreement Agreement shall inure to the benefit of, and shall be binding upon, the parties hereto, and and. their respective heirs, executors, administrators, personal representatives, successors and permitted assigns. Otherwise, this agreement Agreement shall not create any rights for the benefit of any third party.

Appears in 1 contract

Samples: Operating Agreement (Success Acquisition Corp)

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Binding Effect and Benefit. This agreement shall be binding upon -------------------------- and inure to the benefit of, and shall be binding upon, of the parties hereto, and their respective successors and permitted assigns. Otherwise, this agreement shall is not intended to create any rights for the benefit of any third party.

Appears in 1 contract

Samples: Assignment, Assumption and Indemnification Agreement (Brass Eagle Inc)

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