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

Binding Effect; No Third-Party Beneficiaries; Assignment. This Agreement shall be legally binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. Nothing in this Agreement shall create or be deemed to create any third party beneficiary rights in any Person not a party hereto (other than the rights of the Indemnified Parties under Article 8). No assignment hereof or of any rights or obligations hereunder may be made by any party hereto (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 without effect. No assignment by either party shall relieve the assigning party of responsibility for the performance of its obligations under this Agreement.

Binding Effect; No Third-Party Beneficiaries; Assignment. This Agreement shall be legally binding upon and inure to the benefit of the parties hereto 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 hereto (other than the rights of the Indemnified Parties under Article 8)to this Agreement, except as otherwise contemplated by Section 2. No assignment hereof of this Agreement or of any rights or obligations hereunder may be made by any party hereto Party, directly or indirectly (by operation of law or otherwise) ), without the prior written consent of the other party hereto Parties, and any attempted assignment without such the required consent consents shall be without effect. No assignment by either party shall relieve the assigning party of responsibility for the performance of its obligations under this Agreementvoid.