Common use of Binding Effect and Benefits Clause in Contracts

Binding Effect and Benefits. This Agreement shall be binding upon --------------------------- and shall inure to the benefit of the Company and the Holders and their respective successors and assigns. Without limiting the generality of the foregoing, each Holder's registration rights granted hereunder shall be transferable to and exercised by any Permitted Transferee of Registrable Securities.

Appears in 2 contracts

Samples: Registration Rights Agreement (CNL American Properties Fund Inc), Registration Rights Agreement (CNL American Properties Fund Inc)

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Binding Effect and Benefits. This Agreement shall be binding upon --------------------------- and shall inure insure to the benefit of the Company and the Holders and their respective successors and assigns. Without limiting the generality of the foregoing, each Holder's registration rights granted hereunder shall be transferable to and exercised by any Permitted Transferee of Registrable Securities. In the event the Company merges into or consolidates with another entity or transfers substantially all of its assets to another entity, the Company shall cause the surviving entity or transferee to assume the Company's obligations hereunder.

Appears in 1 contract

Samples: Registration Rights Agreement (Snyder Communications Inc)

Binding Effect and Benefits. This Agreement shall be binding upon --------------------------- and shall inure to the benefit of the Company and the Holders and their respective successors and permitted assigns. Without limiting the generality of the foregoing, each Holder's ’s registration rights granted hereunder shall be transferable to and exercised by any Permitted Transferee of Registrable Securities.

Appears in 1 contract

Samples: Registration Rights Agreement (CNL Hospitality Properties Inc)

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Binding Effect and Benefits. This Agreement shall be binding upon --------------------------- and shall inure to the benefit of the Company and the Holders and their respective successors and assigns. Without limiting the generality of the foregoing, each Holder's registration rights granted hereunder shall be transferable to and exercised by any Permitted Transferee of Registrable Securities.

Appears in 1 contract

Samples: Employment Agreement (Commercial Net Lease Realty Inc)

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