Common use of Binding Effect; No Assignment Clause in Contracts

Binding Effect; No Assignment. (a) This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors and permitted assigns. Nothing in this Agreement shall create or be deemed to create any third party beneficiary rights in any Person not party to this Agreement. Except as expressly permitted below, no assignment of this Agreement or of any rights or obligations hereunder may be made by either party (by operation of law or otherwise) without the prior written consent of the other party hereto and any attempted assignment without such required consent shall be void.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Big Entertainment Inc), Asset Purchase Agreement (Big Entertainment Inc), Transfer and Shareholders Agreement (Hollywood Media Corp)

AutoNDA by SimpleDocs

Binding Effect; No Assignment. (a) This Agreement shall be binding ----------------------------- upon and inure to the benefit of the parties and their respective successors and permitted assigns. Nothing in this Agreement shall create or be deemed to create any third party beneficiary rights in any Person person or entity not party to this Agreement. Except as expressly permitted below, no No assignment of this Agreement or of any rights or obligations hereunder may be made by either any party (by operation of law or otherwise) without the prior written consent of each of the other party parties hereto and any attempted assignment without such required consent consents shall be void.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Heartland Technology Inc), Asset Purchase Agreement (Imperial Credit Industries Inc)

Binding Effect; No Assignment. (a) This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors successors, heirs, executors and permitted assigns. Nothing in this Agreement shall create or be deemed to create any third third-party beneficiary rights in any Person not party to this Agreement, except as provided in Section 7.1 hereof. Except as expressly permitted below, no No assignment of this Agreement or of any rights or obligations hereunder may be made by either any party (by operation of law or otherwise) without the prior written consent of each of the other party parties hereto and any attempted assignment without such required consent consents shall be void.

Appears in 2 contracts

Samples: Acquisition Agreement (Ryan Patrick L Trust 1998), Acquisition Agreement (Be Aerospace Inc)

Binding Effect; No Assignment. (a) This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors and permitted assigns. Nothing in this Agreement shall create or be deemed to create any third party beneficiary rights in any Person person or entity not a party to this Agreement. Except as expressly permitted below, no No assignment of this Agreement or of any rights or obligations hereunder may be made by either any party (by operation of law or otherwise) without the prior written consent of the other party hereto and any attempted assignment without such the required consent consents shall be void.

Appears in 2 contracts

Samples: Tender Agreement (Intervideo Inc), Tender Agreement (Intervideo Inc)

Binding Effect; No Assignment. (a) This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors and permitted assigns. Nothing Other than Sections 10.9 and 10.10, nothing in this Agreement shall create or be deemed to create any third third-party beneficiary rights in any Person person or entity not party to this Agreement. Except as expressly permitted below, no No assignment of this Agreement or of any rights or obligations hereunder may be made by either any party (by operation of law or otherwise) without the prior written consent of each of the other party parties hereto and any attempted assignment without such required consent consents shall be void.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cypros Pharmaceutical Corp)

Binding Effect; No Assignment. (a) This Agreement shall be binding upon and inure to the benefit of the parties Parties and their respective successors and permitted assigns. Nothing in this Agreement shall create or be deemed to create any third party beneficiary rights in any Person person or entity not a party to this Agreement. Except as expressly permitted below, no No assignment of this Agreement or of any rights or obligations hereunder may be made by either party any Party (by operation of law or otherwise) without the prior written consent of the other party hereto Party and any attempted assignment without such the required consent consents shall be void.

Appears in 1 contract

Samples: Stock Purchase Agreement (Intervideo Inc)

Binding Effect; No Assignment. (a) This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors and permitted assigns. Nothing Except as expressly otherwise provided in Article X, nothing in this Agreement shall create or be deemed to create any third party beneficiary rights in any Person not party to this Agreement. Except as expressly permitted below, no No assignment of this Agreement or of any rights or obligations hereunder may be made by either any party (by operation of law or otherwise) without the prior written consent of each of the other party parties hereto and any attempted assignment without such required consent consents shall be void.;

Appears in 1 contract

Samples: Stock Purchase Agreement (Kevco Inc)

Binding Effect; No Assignment. (a) This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors and permitted assigns. Nothing in this Agreement shall create or be deemed to create any third party beneficiary rights in any Person person or entity not party to this Agreement. Except as expressly permitted below, no assignment This Agreement shall not be assignable by any of this Agreement or of any rights or obligations hereunder may be made by either party (by operation of law or otherwise) the parties hereto without the prior written consent of the other party hereto parties hereto. Notwithstanding the foregoing, each of the Purchasers may, without the consent of the other parties hereto, assign and delegate its obligations and rights hereunder with respect to all of the Assets and Business or any attempted assignment without such required consent shall be void.part thereof to (i) any

Appears in 1 contract

Samples: Asset Sale Agreement (Fuqua Enterprises Inc)

AutoNDA by SimpleDocs

Binding Effect; No Assignment. (a) This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors and permitted assigns. Nothing in this Agreement shall create or be deemed to create any third party beneficiary rights in any Person person not party to this Agreement. Except as expressly permitted below, no No assignment of this Agreement or of any rights or obligations hereunder may be made by either any party (by operation of law or otherwise) without the prior written consent of the other party hereto and any attempted assignment without such required consent shall be void.

Appears in 1 contract

Samples: Subscription Agreement (Vantage Drilling CO)

Binding Effect; No Assignment. (ae) This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors and permitted assigns. Nothing in this Agreement shall create or be deemed to create any third party beneficiary rights in any Person not party to this Agreement. Except as expressly permitted below, no assignment of this Agreement or of any rights or obligations hereunder may be made by either party (by operation of law or otherwise) without the prior written consent of the other party hereto and any attempted assignment without such required consent shall be void.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hollywood Com Inc)

Binding Effect; No Assignment. (a) This Agreement and all of its provisions, rights and obligations shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors successors, heirs and permitted assignslegal representatives. Nothing in this This Agreement shall create or may not be deemed to create any third party beneficiary rights in any Person not party to this Agreement. Except as expressly permitted below, no assignment of this Agreement or of any rights or obligations hereunder may be made by either party assigned (including by operation of law or otherwiselaw) by any party without the prior express written consent of the other party, provided, however, that the consent of such other party hereto and any attempted assignment without shall not be unreasonably withheld or delayed. Any purported assignment, unless consented to in writing by the other party or such required consent is unreasonably withheld, shall be void.void and without effect

Appears in 1 contract

Samples: Management Services Agreement (Toymax International Inc)

Binding Effect; No Assignment. (a) This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors and permitted assigns. Nothing in this Agreement shall create or be deemed to create any third party beneficiary rights in any Person not party to this Agreement. Except as expressly permitted below, no assignment of this Agreement or of any rights or obligations hereunder may be made by either party (by operation of law or otherwise) without the prior written consent of the other party hereto and any attempted assignment without such required consent shall be void.

Appears in 1 contract

Samples: Form of Stock Purchase Agreement (Hollywood Media Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!