Common use of Binding Nature and Assignment Clause in Contracts

Binding Nature and Assignment. This Agreement is binding on the Parties and their respective successors and permitted assigns. Neither Party may, or will have the power to, assign this Agreement without the prior written consent of the other. Any attempted assignment that does not comply with the terms of this Section shall be null and void.

Appears in 2 contracts

Samples: Master Framework Agreement (Txu Corp /Tx/), Master Framework Agreement (Txu Corp /Tx/)

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Binding Nature and Assignment. This Agreement is shall be binding on the Parties ----------------------------- parties and their respective successors and permitted assigns. Neither Party mayHowever, no party may assign its rights or will have the power to, assign delegate its obligations under this Agreement without the prior written consent of the other. Any other parties, and any such attempted assignment that does not comply with the terms of this Section shall be null and void.

Appears in 1 contract

Samples: Technology Development Agreement (Zynaxis Inc)

Binding Nature and Assignment. This Agreement is binding on shall bind the Parties parties and their respective successors and permitted assigns. Neither Party may, or will have the power to, may assign this Agreement without the prior written consent of the other. Any assignment attempted assignment that does not comply with without the terms written consent of the other party shall be void. For purposes of this Section Agreement, a Change in Control, as defined herein shall be null and voidconstitute an assignment.

Appears in 1 contract

Samples: Contract for Purchase

Binding Nature and Assignment. This Agreement is shall be binding on the Parties parties and their respective successors and permitted assigns. Neither Party mayHowever, no party may assign its rights or will have the power to, assign delegate its obligations under this Agreement without the prior written consent of the other. Any other parties, and any such attempted assignment that does not comply with the terms of this Section shall be null and void.

Appears in 1 contract

Samples: Technology Development Agreement (Vaxcel Inc)

Binding Nature and Assignment. This Agreement is binding on shall bind the Parties parties and their respective successors and permitted assigns. Neither Party may, or will have the power to, No party may assign this Agreement without the prior written consent of all of the otherother parties. Any assignment attempted assignment that does not comply with without the terms written consent of this Section all other parties shall be null and void.

Appears in 1 contract

Samples: Utility Infrastructure Development Agreement, Agreement for Installation and Maintenance of Sewer Infrastructure, Amendment to Sanitary Sewer Service Utility Agreement

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Binding Nature and Assignment. This Agreement is binding on shall bind the Parties and their respective successors and permitted assigns. Neither Party may, or will have the power to, may assign this Agreement without the prior written consent of the other. Any assignment attempted assignment that does not comply with without the terms written consent of this Section the other Party shall be null and void.

Appears in 1 contract

Samples: Parking Management Equipment Replacement & Installation Services Agreement

Binding Nature and Assignment. This Agreement is binding on the Parties and their respective successors and permitted assigns. Neither Party may, or nor will it have the power to, assign this Agreement without the prior written consent of the otherother Party. Any attempted assignment that does not comply with the terms of this Section shall be null and void.

Appears in 1 contract

Samples: Master Framework Agreement (Txu Corp /Tx/)

Binding Nature and Assignment. This Agreement is shall be binding on the Parties hereto and their respective successors and permitted assigns. Neither Party may, or will shall have the power to, assign this Agreement without the prior written consent of the other. Any , and any such attempted assignment that does not comply with the terms of this Section without such consent shall be null and void, except that Customer may assign this Agreement and its rights and obligations hereunder to an Affiliate without the approval of the Supplier, but on prior written notice.

Appears in 1 contract

Samples: Materials Supply Agreement

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