Common use of Binding Effect; Assignment; No Third Party Benefit Clause in Contracts

Binding Effect; Assignment; No Third Party Benefit. This Agreement shall be binding upon and inure to the benefit of the Parties and their successors and permitted assigns; provided neither this Agreement nor any of the rights, interests, or obligations hereunder may be assigned by a Party without the prior written consent of the other Parties; and any assignment without such consent shall be void. Except as provided herein, nothing in this Agreement is intended to or shall confer upon any Person other than the Parties, and their successors and permitted assigns, any rights, benefits, or remedies of any nature whatsoever under or by reason of this Agreement.

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Agreement (GMX Resources Inc)

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Binding Effect; Assignment; No Third Party Benefit. This Agreement shall be binding upon and inure to the benefit of the Parties parties hereto and their respective successors and permitted assigns; . Except as otherwise expressly provided in this Agreement, neither this Agreement nor any of the rights, interests, interests or obligations hereunder may shall be assigned by a Party either of the parties hereto without the prior written consent of the other Parties; and any assignment without such consent shall be voidparty. Except as provided herein, nothing Nothing in this Agreement Agreement, express or implied, is intended to or shall confer upon any Person Person, other than the Parties, and their successors and permitted assignsparties hereto, any rights, benefits, or remedies of any nature whatsoever under or by reason of this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (Hispanic Television Network Inc), Asset Purchase Agreement (Hispanic Television Network Inc)

Binding Effect; Assignment; No Third Party Benefit. This Subject to the following sentence, this Agreement shall be binding upon and inure to the benefit of the Parties and their successors and permitted assigns; provided neither . Neither this Agreement nor any of the rights, interests, or obligations hereunder may shall be assigned or delegated by a either Party without the prior written consent of the other Parties; and any assignment without such consent shall be voidParty. Except as provided herein, nothing in this Agreement is intended to or shall confer upon any Person other than the Parties, and their successors and permitted assigns, any rights, benefits, or remedies of any nature whatsoever under or by reason of this Agreement.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement, Membership Interest Purchase Agreement (Pg&e Gas Transmission Northwest Corp)

Binding Effect; Assignment; No Third Party Benefit. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and permitted assigns; provided neither . Neither this Agreement nor any of the rights, interests, interests or obligations hereunder may shall be assigned (whether by a operation of law or otherwise) by any Party without the prior written consent of each of the other Parties; , and any purported assignment without such consent shall be void. Except as provided herein, in Article 9 nothing in this Agreement Agreement, express or implied, is intended to or shall confer upon any Person other than the Parties, and their respective successors and permitted assigns, any rights, benefits, benefits or remedies of any nature whatsoever under or by reason of this Agreement.

Appears in 1 contract

Samples: Contribution Agreement (Heritage Propane Partners L P)

Binding Effect; Assignment; No Third Party Benefit. This Agreement shall be binding upon and inure to the benefit of the Parties parties and their respective successors and permitted assigns; provided neither . Neither this Agreement nor any of the rights, interests, interests or obligations hereunder may shall be assigned (whether by a Party operation of law or otherwise) by any party without the prior written consent of the other Parties; and any assignment without such consent shall be voidparty. Except as provided herein, nothing Nothing in this Agreement Agreement, express or implied is intended to or shall confer upon any Person person other than the Partiesparties, and their respective successors and permitted assigns, any rights, benefits, benefits or remedies of any nature whatsoever under or by reason of this Agreement.

Appears in 1 contract

Samples: Exchange Agreement (Energy Transfer Partners, L.P.)

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Binding Effect; Assignment; No Third Party Benefit. This Agreement shall be binding upon and inure to the benefit of the Parties and their successors and permitted assigns; assigns provided neither this Agreement nor any of the rights, interests, or obligations hereunder hereunder, except as specifically provided in the second recital hereto, may be assigned by a either Party without the prior written consent of the other Parties; and any assignment without such consent shall be voidParty. Except as provided herein, nothing in this Agreement is intended to or shall confer upon any Person other than the Parties, and their successors and permitted assigns, any rights, benefits, or remedies of any nature whatsoever under or by reason of this Agreement.

Appears in 1 contract

Samples: Acquisition Agreement (Kinder Morgan Inc)

Binding Effect; Assignment; No Third Party Benefit. This Agreement shall be binding upon and inure to the benefit of the Parties parties hereto and their respective successors and permitted assigns; . Except as otherwise expressly provided in this Agreement, neither this Agreement nor any of the rights, interests, or obligations hereunder may shall be assigned by a Party any of the parties hereto without the prior written consent of the other Parties; and any assignment without such consent shall be voidparties. Except as provided hereinin Section 12.1, nothing in this Agreement Agreement, express or implied, is intended to or shall confer upon any Person person other than the Partiesparties hereto, and their respective successors and permitted assigns, any rights, benefits, or remedies of any nature whatsoever under or by reason of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Dna Plant Technology Corp)

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