Common use of Binding Effect; Assignment; Third-Party Beneficiaries Clause in Contracts

Binding Effect; Assignment; Third-Party Beneficiaries. The provisions of this Agreement shall be binding upon and inure to the benefit of the respective successors and assigns of the parties hereto. Any assignment of this Agreement without the written consent of the Control Party shall be null and void. Each of the Back-Up Manager and the Servicer (in its capacities as Control Party and Servicer) is an intended third party beneficiary of this Agreement and may enforce the Agreement as though a party hereto.

Appears in 9 contracts

Samples: Management Agreement (Dine Brands Global, Inc.), Management Agreement (Driven Brands Holdings Inc.), Canadian Management Agreement (Driven Brands Holdings Inc.)

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Binding Effect; Assignment; Third-Party Beneficiaries. The provisions of this Agreement shall be binding upon and inure to the benefit of the respective successors and assigns of the parties hereto. Any assignment of this Agreement without the written consent of the Control Party (acting at the direction of the Controlling Class Representative) shall be null and void. Each of the Back-Up Manager and the Servicer (in its capacities as Control Party and Servicer) is an intended third party beneficiary of this Agreement and may enforce the Agreement as though a party hereto.

Appears in 5 contracts

Samples: Management Agreement (Fat Brands, Inc), Management Agreement (Fat Brands, Inc), Management Agreement (Fat Brands, Inc)

Binding Effect; Assignment; Third-Party Beneficiaries. The provisions of this Agreement shall be binding upon and inure to the benefit of the respective successors and assigns of the parties hereto. Any assignment of this Agreement without the written consent of the Control Party shall be null and void. Each of the Back-Up Manager and the Servicer (in its capacities as Control Party and Servicer) is an intended third party beneficiary of this Agreement and may enforce the Agreement as though a party heretohereto to the extent provided in Section 8.6. The Control Party and the Controlling Class Representative are third party beneficiaries to the extent set forth in Section 8.6.

Appears in 3 contracts

Samples: Management Agreement (Yum Brands Inc), Management Agreement, Management Agreement (Yum Brands Inc)

Binding Effect; Assignment; Third-Party Beneficiaries. The provisions of this Agreement shall be binding upon and inure to the benefit of the respective successors and assigns of the parties hereto. Any assignment of this Agreement without the written consent of the Control Party shall be null and void. Each of the Back-Up Manager and the Servicer (in its capacities as Control Party and Servicer) is an intended third party beneficiary of this Agreement and may enforce the Agreement as though a party hereto. The Control Party and the Controlling Class Representative are third party beneficiaries to the extent set forth in Section 8.1 and 8.6.

Appears in 2 contracts

Samples: Management Agreement, Management Agreement (Wingstop Inc.)

Binding Effect; Assignment; Third-Party Beneficiaries. The provisions of this Agreement shall be binding upon and inure to the benefit of the respective successors and assigns of the parties hereto. Any assignment of this Agreement without the written consent of the Control Party shall be null and void. Each of the Back-Up Back‑Up Manager and the Servicer (in its capacities as Control Party and Servicer) is an intended third party beneficiary of this Agreement and may enforce the Agreement as though a party hereto.

Appears in 2 contracts

Samples: Management Agreement (Jack in the Box Inc), Management Agreement (Jack in the Box Inc /New/)

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Binding Effect; Assignment; Third-Party Beneficiaries. The provisions of this Agreement shall be binding upon and inure to the benefit of the respective successors and assigns of the parties hereto. Any assignment of this Agreement without the written consent of the Control Party Controlling Class Representative shall be null and void. Each of the Back-Up Manager and the Servicer (in its capacities as Control Party and Servicer) Controlling Class Representative is an intended third party beneficiary of this Agreement and may enforce the Agreement as though a party hereto.

Appears in 1 contract

Samples: Management Agreement (Fat Brands, Inc)

Binding Effect; Assignment; Third-Party Beneficiaries. The provisions of this Agreement shall be binding upon and inure to the benefit of the respective successors and assigns of the parties heretoGuarantor. Any assignment of this Agreement without the written consent of the Control Series Controlling Party shall be null and void. Each of the Back-Up Manager and the Servicer (in its capacities as Control Party and Servicer) is Insurer shall be an intended express third party beneficiary of this Agreement and may Agreement, entitled to enforce the Agreement provisions hereof as though if a party hereto.

Appears in 1 contract

Samples: Servicing Guarantee (Ihop Corp)

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