Common use of Binding Effect; Third Party Rights Clause in Contracts

Binding Effect; Third Party Rights. This Agreement shall be binding upon the parties hereto, their respective direct and indirect Transferees of Shares and such parties’ and such Transferees’ respective legal representatives, heirs, beneficiaries, successors and permitted assigns and shall inure to the benefit of the parties hereto, their respective direct and indirect Transferees as provided herein, and such parties’ and (as so provided herein) such Transferees’ respective legal representatives, heirs, beneficiaries, successors and assigns. The covenants and agreements contained herein are for the benefit of the parties hereto and are not for the benefit of any third parties except as may be expressly set forth herein.

Binding Effect; Third Party Rights. This Agreement shall be binding upon the parties hereto, their respective direct and indirect Transferees of Shares and such parties’ ' and such Transferees’ ' respective legal representatives, heirs, beneficiaries, successors and permitted assigns and shall inure to the benefit of the parties hereto, their respective direct and indirect Transferees as provided herein, and such parties’ ' and (as so provided herein) such Transferees’ ' respective legal representatives, heirs, beneficiaries, successors and assigns. The covenants and agreements contained herein are for the benefit of the parties hereto and are not for the benefit of any third parties except as may be expressly set forth herein.