Common use of Binding Nature; Assignment Clause in Contracts

Binding Nature; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, but neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any of the parties hereto without prior written consent of the other parties. Notwithstanding the foregoing, Buyer may assign or transfer all or any part of its rights and obligations under this Agreement to an Affiliate of Buyer without written consent, provided that no such assignment or transfer shall relieve Buyer of its obligations under this Agreement. Nothing contained herein, express or implied, is intended to confer on any person other than the parties hereto or their successors and permitted assigns, any rights, claims, benefits, remedies, obligations or Liabilities under or by reason of this Agreement.

Appears in 3 contracts

Samples: Membership Interest Purchase Agreement (CarGurus, Inc.), Membership Interest Purchase Agreement (CarGurus, Inc.), Membership Interest Purchase Agreement (CarGurus, Inc.)

AutoNDA by SimpleDocs

Binding Nature; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, but neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any of the parties hereto without prior written consent of the other partiesparty. Notwithstanding the foregoing, all rights, obligations, and duties of Buyer may assign or transfer all or be assigned by Buyer to any part of its rights and obligations under this Agreement to an Affiliate of Buyer without written consentBuyer, provided that no such assignment or transfer shall relieve Buyer of remains liable for its obligations under this Agreementhereunder. Nothing Except as set forth in Section 5.7, nothing contained herein, express or implied, is intended to confer on any person Person other than the parties hereto or their successors and permitted assigns, any rights, claims, benefits, remedies, obligations or Liabilities liabilities under or by reason of this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Agl Resources Inc), Stock Purchase Agreement (Agl Resources Inc)

AutoNDA by SimpleDocs

Binding Nature; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns, but neither this Agreement nor any of the rights, interests interest or obligations hereunder shall be assigned by any of the parties hereto without prior written consent of the other parties. Notwithstanding the foregoing; except, Buyer that (i) Purchaser may assign or transfer all or any part of its rights hereunder to any affiliate or wholly-owned subsidiary, (ii) Purchaser may grant a security interest in its rights and obligations under this Agreement interests hereunder to an Affiliate of Buyer without written consentits lenders, and (iii) as otherwise provided that no such assignment or transfer shall relieve Buyer of its obligations under in this Agreement. Nothing contained herein, express or implied, is intended to confer on any person Person other than the parties hereto or their successors and permitted assigns, any rights, claims, benefits, remedies, obligations or Liabilities liabilities under or by reason of this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Showbiz Pizza Time Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.