Common use of Binding Effect; Assignability; Benefit Clause in Contracts

Binding Effect; Assignability; Benefit. (a) This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective heirs, successors, legal representatives and permitted assigns. (b) Neither this Agreement nor any right, remedy, obligation or liability arising hereunder or by reason hereof shall be assignable by any party hereto pursuant to any Transfer of Registrable Securities or otherwise, except that each Shareholder may assign rights hereunder to any Permitted Transferee of such Shareholder acquiring Common Shares pursuant to Section 2.03. Any such Permitted Transferee shall (unless already bound hereby) execute and deliver to the Company a joinder substantially in the form of Exhibit A hereto and shall thenceforth be a “Shareholder.” (c) Nothing in this Agreement, expressed or implied, is intended to confer on any Person other than the parties hereto, and their respective heirs, successors, legal representatives and permitted assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement.

Appears in 3 contracts

Samples: Registration Rights Agreement, Registration Rights Agreement (Markit Ltd.), Registration Rights Agreement (Markit Ltd.)

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Binding Effect; Assignability; Benefit. (a) This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective heirs, successors, legal representatives and permitted assigns. (b) Neither this Agreement nor any right, remedy, right or obligation or liability arising hereunder or by reason hereof shall be assignable assignable, delegable or otherwise transferable by any party hereto pursuant to any Transfer of Registrable Company Securities or otherwise, except that each (i) Comcast Shareholder may assign its rights or obligations arising hereunder to any Permitted Transferee of such the extent contemplated by Section 5.03 and Section 10.08 and (ii) ManagementCo Shareholder acquiring Common Shares pursuant to Section 2.03. Any such Permitted Transferee shall (unless already bound hereby) execute and deliver may assign its rights or obligations hereunder to the Company a joinder substantially in the form extent contemplated by Section 5.03; provided that no such assignment shall relieve ManagementCo Shareholder of Exhibit A hereto and shall thenceforth be a “Shareholderany of its obligations hereunder. (c) Nothing Except as provided in Section 10.06(e), nothing in this Agreement, expressed or implied, is intended to confer on any Person other than the parties hereto, and their respective heirs, successors, legal representatives and permitted assigns, any rights, remedies, rights or obligations or liabilities under or by reason of this Agreement.

Appears in 3 contracts

Samples: Shareholders Agreement (Comcast Corp), Shareholders Agreement (Comcast Corp), Shareholder Agreement (NBCUniversal Media, LLC)

Binding Effect; Assignability; Benefit. (a) This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective heirs, successors, legal representatives and permitted assigns. (b) Neither this Agreement nor any right, remedy, obligation or liability arising hereunder or by reason hereof shall be assignable by any party hereto pursuant to any Transfer of Registrable Company Securities or otherwise, except that each Shareholder that, at the sole written election of FP, Persons to whom FP has Transferred Company Securities may assign rights hereunder to any Permitted Transferee of such Shareholder acquiring Common Shares pursuant to Section 2.03. Any such Permitted Transferee shall (unless already bound hereby) execute and deliver to the Company a joinder substantially an agreement to be bound by this Agreement in the form of Exhibit A hereto and shall thenceforth be a "Shareholder" for purposes of this Agreement. (c) Nothing in this Agreement, expressed or implied, is intended to confer on any Person other than the parties hereto, and their respective heirs, successors, legal representatives and permitted assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Ultra Clean Holdings Inc)

Binding Effect; Assignability; Benefit. (a) This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective heirs, successors, legal representatives and permitted assigns. (b) Neither this Agreement nor any right, remedy, obligation or liability arising hereunder or by reason hereof shall be assignable by any party hereto pursuant to any Transfer of Registrable Company Securities or otherwise, except that each Shareholder that, at the sole written election of Modular, Persons to whom Modular has Transferred Company Securities may assign rights hereunder to any Permitted Transferee of such Shareholder acquiring Common Shares pursuant to Section 2.03. Any such Permitted Transferee shall (unless already bound hereby) execute and deliver to the Company a joinder substantially an agreement to be bound by this Agreement in the form of Exhibit A hereto and shall thenceforth be a “Shareholder” for purposes of this Agreement. (c) Nothing in this Agreement, expressed or implied, is intended to confer on any Person other than the parties hereto, and their respective heirs, successors, legal representatives and permitted assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (SMART Modular Technologies (DE), Inc.)

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Binding Effect; Assignability; Benefit. (a) a. This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective heirs, successors, legal representatives and permitted assigns. (b) b. Neither this Agreement nor any right, remedy, right or obligation or liability arising hereunder or by reason hereof shall be assignable assignable, delegable or otherwise transferable by any party hereto pursuant to any Transfer of Registrable Company Securities or otherwise, except that each (i) Comcast Shareholder may assign its rights or obligations arising hereunder to any Permitted Transferee of such the extent contemplated by Section 5.03 and Section 10.08 and (ii) ManagementCo Shareholder acquiring Common Shares pursuant to Section 2.03. Any such Permitted Transferee shall (unless already bound hereby) execute and deliver may assign its rights or obligations hereunder to the Company a joinder substantially extent contemplated by Section 5.03; provided that no such assignment shall relieve ManagementCo Shareholder of any of its obligations hereunder. c. Except as provided in the form of Exhibit A hereto and shall thenceforth be a “Shareholder.” (c) Nothing Section 10.06(e), nothing in this Agreement, expressed or implied, is intended to confer on any Person other than the parties hereto, and their respective heirs, successors, legal representatives and permitted assigns, any rights, remedies, rights or obligations or liabilities under or by reason of this Agreement.

Appears in 1 contract

Samples: Shareholder Agreement (NBCUniversal Media, LLC)

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