Binding Effect; No Assignment; No Third-Party Beneficiaries. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and permitted assigns. Neither UCB nor Buyer may assign any of its rights or delegate and of its liabilities or obligations hereunder without the prior written consent of the other; provided that either Party may assign its rights and obligations under this Agreement without the other Party's prior written consent upon written notice to the other Party in connection with the transfer or sale of all or substantially all of the assets or business of such Party or any of its affiliates or the merger or consolidation with another Person of such Party or any of its affiliates. Nothing in this Agreement, express or implied, is intended to or shall confer upon any Person other than Buyer and UCB and their respective successors and permitted assigns any right, benefit or remedy of any nature whatsoever under or by reason of this Agreement, except for affiliates or representatives entitled to indemnification pursuant to Section 6.
Appears in 1 contract
Samples: License Agreement (Adams Respiratory Therapeutics, Inc.)
Binding Effect; No Assignment; No Third-Party Beneficiaries. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and permitted assigns. Neither UCB MonoSol nor Buyer Xxxxx may assign any of its rights or delegate and any of its liabilities or obligations hereunder without the prior written consent of the other; provided that either Party may assign its rights and obligations under this Agreement without the other Party's ’s prior written consent upon written notice to the other Party in connection with the transfer or sale of all or substantially all of the assets or business of such Party or any of its affiliates Affiliates or the merger or consolidation with another Person of such Party or any of its affiliatesAffiliates. Nothing in this Agreement, express or implied, is intended to or shall confer upon any Person person other than Buyer Xxxxx and UCB MonoSol and their respective successors and permitted assigns any right, benefit or remedy of any nature whatsoever under or by reason of this Agreement, except for affiliates or representatives entitled to indemnification pursuant to Section 67.
Appears in 1 contract
Binding Effect; No Assignment; No Third-Party Beneficiaries. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and permitted assigns. Neither UCB nor Buyer Xxxxx may assign any of its rights or delegate and any of its liabilities or obligations hereunder without the prior written consent of the other; provided that either Party may assign its rights and obligations under this Agreement without the other Party's prior written consent upon written notice to the other Party in connection with the transfer or sale of all or substantially all of the assets or business of such Party or any of its affiliates Affiliates or the merger or consolidation with another Person of such Party or any of its affiliatesAffiliates. Nothing in this Agreement, express or implied, is intended to or shall confer upon any Person person other than Buyer Xxxxx and UCB and their respective successors and permitted assigns any right, benefit or remedy of any nature whatsoever under or by reason of this Agreement, except for affiliates or representatives entitled to indemnification pursuant to Section 67.
Appears in 1 contract
Samples: License Agreement (Adams Respiratory Therapeutics, Inc.)
Binding Effect; No Assignment; No Third-Party Beneficiaries. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and permitted assigns. Neither UCB nor Buyer may assign any of its rights or delegate and of its liabilities or obligations hereunder without the prior written consent of the other; provided that either Party may assign its rights and obligations under this Agreement without the other Party's prior written consent upon written notice to the other Party in connection with the transfer or sale of all or substantially all of the assets or business of such Party or any of its affiliates or the merger or consolidation with another Person of such Party or any of its affiliates. Nothing in this Agreement, express or implied, is intended to or shall confer upon any Person person other than the Buyer and UCB and their respective successors and permitted assigns any right, benefit or remedy of any nature whatsoever under or by reason of this Agreement, except for affiliates or representatives entitled to indemnification pursuant to Section 66.4 or 6.5.
Appears in 1 contract
Samples: License Agreement (Adams Respiratory Therapeutics, Inc.)