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

Binding Effect; No Assignment; No Third-Party Beneficiaries. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. Except as expressly provided for in this Agreement, neither this Agreement nor the rights or the obligations of either party hereto are assignable, except by operation of law, or with the written consent of the other party. Nothing contained in this Agreement, expressed or implied, is intended to confer upon any person other than the parties hereto and their respective permitted assigns any rights or remedies of any nature whatsoever by reason of this Agreement.

Appears in 3 contracts

Samples: Merger Agreement (Healthplan Services Corp), Merger Agreement (Uici), Option Agreement (Uici)

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Binding Effect; No Assignment; No Third-Party Beneficiaries. Except as expressly provided herein, neither this Agreement, nor any right hereunder, may be assigned by any Party without the written consent of the other Parties. Any such assignment or attempted assignment in violation of the foregoing shall be void. This Agreement shall be binding upon and inure solely to the benefit of the parties Parties hereto and their respective permitted successors and permitted assigns. Except as expressly provided for assigns and nothing in this Agreement, neither this Agreement nor the rights or the obligations of either party hereto are assignable, except by operation of law, or with the written consent of the other party. Nothing contained in this Agreement, expressed express or implied, is intended to confer upon any other person other than the parties hereto and their respective permitted assigns any rights or remedies of any nature whatsoever under or by reason of this Agreement.

Appears in 2 contracts

Samples: Corporate Agreement (Howmet International Inc), Corporate Agreement (Howmet International Inc)

Binding Effect; No Assignment; No Third-Party Beneficiaries. (a) This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. Except as expressly provided for in this Agreement, neither this This Agreement nor is not assignable without the rights or the obligations of either party hereto are assignable, except by operation of law, or with the prior written consent of the other party. Nothing contained parties hereto. (b) Other than Section 4.15, nothing in this Agreement, expressed express or implied, is intended to or shall confer upon any person other than the parties hereto Parent, Merger Sub and Company and their respective successors and permitted assigns any rights and right, benefit or remedies remedy of any nature whatsoever under or by reason of this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (Geltex Pharmaceuticals Inc), Merger Agreement (Genzyme Corp)

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Binding Effect; No Assignment; No Third-Party Beneficiaries. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns. Except as expressly provided for in this Agreement, neither this Agreement nor the rights or the obligations of either party hereto are assignable, except by operation of law, or with the written consent of the other party, which consent shall not be unreasonably withheld. Nothing contained in this Agreement, expressed express or implied, is intended to confer upon any person other than the parties hereto and their respective permitted assigns any rights or remedies of any nature whatsoever by reason of this Agreement.

Appears in 1 contract

Samples: Stock Option Agreement (Snyder Oil Corp)

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