Binding Effect; Assignments. This Agreement shall be binding upon and inure to the benefit of the parties and their respective heirs, legal representatives, successors and permitted assigns. Neither this Agreement nor any of the rights, interests or obligations hereunder shall be transferred or assigned (by operation of law or otherwise) by any of the parties hereto without the prior written consent of the other parties. Any transfer or assignment of any of the rights, interests or obligations hereunder in violation of the terms hereof shall be void and of no force or effect.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Alphacom Corp), Stock Purchase Agreement (Lingo Media Inc)
Binding Effect; Assignments. This Agreement shall be binding upon and inure to the benefit of and be binding upon the parties hereto and their respective heirs, legal representatives, successors and permitted assigns. Neither this Agreement nor any of the rights, interests rights granted or obligations assumed hereunder shall be assigned or otherwise transferred or assigned (by operation of law or otherwise) by any of the parties hereto either party without the prior written consent of the other partiesparty; provided however, that either party may assign this Agreement without the consent of the other party to any of its Affiliates. Any transfer or An assignment by a party to any of its Affiliates shall, in no event, release such party of any of the rights, interests or its obligations hereunder in violation of the terms hereof shall be void and of no force or effecthereunder.
Appears in 1 contract
Sources: Clofarabine Marketing & Distribution Agreement (Bioenvision Inc)
Binding Effect; Assignments. This Agreement shall be binding upon and inure enure to the benefit of and be binding upon the parties and parties, their respective heirs, legal representatives, successors and permitted assigns. Neither this This Agreement nor any of the rights, interests or obligations hereunder shall may not be transferred or assigned (by operation of law or otherwise) by any of the parties hereto without the prior written consent of the other parties. Any transfer or assignment of any of the rights, interests or obligations hereunder in violation of the terms hereof shall be void and of no force or effect.
Appears in 1 contract