Common use of Binding Effect; Benefit Clause in Contracts

Binding Effect; Benefit. This Agreement shall inure to the benefit of and be binding upon the parties hereto, and their successors and permitted assigns. Nothing in this Agreement, express or implied, shall confer on any person other than the parties hereto, and their respective successors and permitted assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement, including, without limitation, third party beneficiary rights, except that Consumer Products shall be a third party beneficiary of Section 6.12.

Appears in 1 contract

Samples: Stock Purchase Agreement (Walter Industries Inc /New/)

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Binding Effect; Benefit. This Agreement shall inure to the benefit of and be binding upon the parties hereto, and their successors and permitted assigns. Nothing in this Agreement, express or implied, shall confer on any person Person other than the parties hereto, and their respective successors and permitted assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement, including, without limitation, including third party beneficiary rights. For the avoidance of doubt and without limiting the foregoing, except that Consumer Products the Company shall be deemed a third party beneficiary successor to the Purchaser for purposes of Section 6.12this Agreement upon consummation of the Merger.

Appears in 1 contract

Samples: Unit Purchase Agreement (Leggett & Platt Inc)

Binding Effect; Benefit. This Agreement shall inure to the benefit of and be binding upon the parties heretoparties, and their successors and permitted assigns. Nothing in this Agreement, express or implied, shall confer on any person Person other than the parties heretoparties, and their respective successors and permitted assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement, including, without limitation, including third party beneficiary rights, except that Consumer Products the Indemnified Persons shall be a third party beneficiary beneficiaries of Section 6.126.3.

Appears in 1 contract

Samples: Stock Purchase Agreement (Blount International Inc)

Binding Effect; Benefit. This Agreement shall inure to the benefit of and be binding upon the parties Parties hereto, and their successors and permitted assigns. Nothing in this Agreement, express or implied, shall confer on any person Person other than the parties Parties hereto, and their respective its successors and permitted assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement, including, without limitation, including third party beneficiary rights, except that Consumer Products shall be a third party beneficiary of Section 6.12.

Appears in 1 contract

Samples: Asset Purchase Agreement (Buying.com LLC)

Binding Effect; Benefit. This Agreement shall inure to the benefit of and be binding upon the parties hereto, and their successors and permitted assigns. Nothing in this Agreement, express or implied, shall confer on any person Person other than the parties hereto, and their respective successors and permitted assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement, including, without limitation, except that the Indemnified Employees shall be third party beneficiary rights, except that Consumer Products shall be a third party beneficiary beneficiaries of Section 6.129.12.

Appears in 1 contract

Samples: Stock Purchase Agreement (Hecla Mining Co/De/)

Binding Effect; Benefit. This Agreement shall inure to the benefit of and be binding upon the parties hereto, Parties and their respective successors and permitted assigns. Nothing in this Agreement, express or implied, shall confer on any person Person other than the parties heretoParties, and their respective successors and permitted assigns, any rights, remedies, obligations or liabilities Liabilities under or by reason of this Agreement, including, without limitation, including third party beneficiary rights, except that Consumer Products the Indemnified Parties that are not Parties shall be a third party beneficiary beneficiaries of Section 6.12ARTICLE 7 and any related provision of this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Accuride Corp)

Binding Effect; Benefit. This Agreement shall inure to the benefit of and be binding upon the parties hereto, Parties and their respective successors and permitted assigns. Nothing in this Agreement, express or implied, shall confer on any person Person other than the parties heretoParties, and their respective successors and permitted assigns, any rights, remedies, obligations or liabilities Liabilities under or by reason of this Agreement, including, without limitation, including third party beneficiary rights, except that Consumer Products the Indemnified Parties that are not Parties shall be a third party beneficiary beneficiaries of Section 6.12ARTICLE VI and any related provision of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Accuride Corp)

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Binding Effect; Benefit. This Agreement shall inure to the benefit of and be binding upon the parties hereto, and their successors and permitted assigns. Nothing Except with respect to the Buyer Parties and as otherwise provided in Article VI, nothing in this Agreement, express or implied, shall confer on any person Person other than the parties hereto, and their respective successors and permitted assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement, including, without limitation, including third party beneficiary rights, except that Consumer Products shall be a third party beneficiary of Section 6.12.

Appears in 1 contract

Samples: Agreement of Merger and Plan of Reorganization (Research Solutions, Inc.)

Binding Effect; Benefit. This Agreement shall inure to the benefit of and be binding upon the parties hereto, and their successors and permitted assigns. Nothing Except as set forth in Section 6.8 or in respect of any Purchaser Indemnitee or Seller Indemnitee which is not a party hereto, nothing in this Agreement, express or implied, shall confer on any person other than the parties hereto, and their respective successors and permitted assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement, including, without limitation, including third party beneficiary rights, except that Consumer Products shall be a third party beneficiary of Section 6.12.

Appears in 1 contract

Samples: Stock Purchase Agreement (Royster-Clark Nitrogen Realty LLC)

Binding Effect; Benefit. This Agreement shall inure to the benefit of and be binding upon the parties hereto, hereto and their respective successors and permitted assigns. Nothing Except as expressly provided in Articles VI and VIII with respect to indemnification, nothing in this Agreement, express or implied, shall is intended to confer on any person person, other than the parties hereto, and hereto or their respective successors and permitted assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement, including, without limitation, third party beneficiary rights, except that Consumer Products shall be a third party beneficiary of Section 6.12.

Appears in 1 contract

Samples: Stock and Asset Purchase Agreement (Arterial Vascular Engineering Inc)

Binding Effect; Benefit. This Agreement shall inure to the benefit of and be binding upon the parties hereto, and their successors and permitted assigns. Nothing Except for the Purchaser Indemnitees and the Seller Indemnitees, there are no third party beneficiaries to this Agreement and nothing in this Agreement, express or implied, shall confer on any person other than the parties heretoparties, and their respective successors and permitted assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement, including, without limitation, third party beneficiary rights, except that Consumer Products shall be a third party beneficiary of Section 6.12.

Appears in 1 contract

Samples: Stock Purchase Agreement (Englobal Corp)

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