Common use of Binding Effect on Successors Clause in Contracts

Binding Effect on Successors. The terms and provisions of this Warrant shall be binding upon the Company and its respective successors and assigns and the Investor. All of the obligations of the parties relating to the Common Stock issuable upon the exercise of this Warrant shall survive the exercise and termination of this Warrant and all of the covenants and agreements of each party relating thereto shall inure to the benefit of the successors and assigns of the other. The Company will, at the time of the exercise of this Warrant, in whole or in part, upon request of the Investor but at the Company’s expense, acknowledge in writing its continuing obligation to the Investor in respect of any rights (including, without limitation, any right to registration of the shares of Registrable Securities) to which the Investor shall continue to be entitled after such exercise in accordance with this Warrant; provided, that the failure of the Investor to make any such request shall not affect the continuing obligation of the Company to the Investor in respect of such rights.

Binding Effect on Successors. The terms and provisions of this This Warrant shall be binding upon any corporation succeeding the Company and its respective successors and assigns and by merger, consolidation or acquisition of all or substantially all of the InvestorCompany's assets. All of the obligations of the parties Company relating to the Common Stock issuable upon the exercise of this Warrant Shares shall survive the exercise and termination of this Warrant and all Warrant. All of the covenants and agreements of each party relating thereto the Company shall inure to the benefit of the successors and assigns of the otherholder hereof. The Company will, at the time of the exercise of this Warrant, in whole or in part, upon request of the Investor holder hereof but at the Company’s 's expense, acknowledge in writing its continuing obligation to the Investor holder hereof in respect of any rights (including, without limitation, any right to registration of the shares of Registrable Securities) to which the Investor holder hereof shall continue to be entitled after such exercise in accordance with this Warrant; provided, that the failure of the Investor holder hereof to make any such request shall not affect the continuing obligation of the Company to the Investor holder hereof in respect of such rights.