Common use of Binding Nature and Assignment Clause in Contracts

Binding Nature and Assignment. This Agreement shall be binding on the Parties hereto and their respective successors and assigns. Except as otherwise provided in this Agreement, neither Party shall assign this Agreement or delegate such Party's obligations hereunder without the prior written consent of the other, except that either Party may assign this Agreement without the consent of the other Party to an entity that acquires all, or substantially all, of the business of the assigning Party (provided that such entity is not a competitor of the other Party).

Appears in 6 contracts

Samples: Employee Transfer Agreement (Vastera Inc), Employee Transfer Agreement (Vastera Inc), Secondment Agreement (Vastera Inc)

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Binding Nature and Assignment. This Agreement shall be binding on each of the Parties hereto parties and their its respective successors and permitted assigns. Except as otherwise provided in this Agreementbelow, neither Party shall party may assign this Agreement or delegate such Party's any rights or obligations hereunder created herewith in whole or in part, directly or indirectly, to any third party without the prior written consent of the other, except that either Party and any attempt to do so will be void and of no effect. Either party may assign its rights and obligations under this Agreement without with the consent prior written approval of the other Party party to an entity (i) a third party that acquires all, all or substantially all, of the business of the assigning Party (provided that such entity is not a competitor of the other Party).

Appears in 3 contracts

Samples: Agreement (Improvenet Inc), Agreement (Improvenet Inc), Partnership Agreement (Improvenet Inc)

Binding Nature and Assignment. This Agreement shall be binding on the Parties hereto and their respective successors and permitted assigns. Except as otherwise provided in this AgreementNeither Party may, neither Party or shall have the power to, assign this Agreement or delegate such Party's obligations hereunder without the prior written consent of the other, except that either Party may assign this Agreement without no consent shall be required in connection with the consent of the other Party to an entity that acquires allmerger, consolidation, sale, or other transfer of all or substantially all, of all the business and/or assets of the assigning Party (provided that such entity is not a competitor of the other Party).

Appears in 2 contracts

Samples: Development Agreement (Viasat Inc), Satellite Modem Development, Production and Purchase Agreement (Viasat Inc)

Binding Nature and Assignment. This Agreement shall will be binding on and enure to the benefit of the Parties hereto and their respective successors and permitted assigns. Except as otherwise provided in this Agreement, neither No Party shall may assign this Agreement or delegate such Party's any of their rights or obligations hereunder or delegate the performance thereof to a third party (subject to the Packaging Agreement) without the prior written consent of the other, except that either Party may assign this Agreement without the consent of the other Party to an entity that acquires all, or substantially all, of the business of the assigning Party (provided that such entity is not a competitor of the other Party)Parties.

Appears in 1 contract

Samples: Memorandum of Agreement (CTG Resources Inc)

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Binding Nature and Assignment. This Agreement shall be binding on the Parties hereto and their respective successors and assigns. Except as otherwise provided in this Agreement, neither Party shall The Parties may not assign this Agreement or delegate such Party's obligations hereunder without the prior written consent of the other, except that either Party may assign this Agreement without the consent of the other Party to an entity that acquires all, or substantially all, of the business of the assigning Party (provided that such entity is not a competitor of the other Party).

Appears in 1 contract

Samples: Licensing Agreement (Digitalconvergence Com Inc)

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