Common use of Binding Nature of Agreement; Assignment Clause in Contracts

Binding Nature of Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, personal representatives, successors, and assigns, except that no party may assign or transfer its or his rights or obligations under this Agreement without the prior written consent of the other parties hereto. Nothing in this Agreement is intended to confer any rights or benefits to any third party.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Denamerica Corp), Consent and Agreement of Holders of Series B Notes (Phoenix Restaurant Group Inc), Consent and Agreement of Holders of Series B Notes (Phoenix Restaurant Group Inc)

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Binding Nature of Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, personal representatives, successors, successors and assigns, except that no party may assign or transfer its or his rights or obligations under this Agreement without the prior written consent of the other parties party hereto. Nothing in this Agreement is intended to confer any rights or benefits to any third party.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Main Street & Main Inc), Ground Lease Agreement (Famous Dave S of America Inc)

Binding Nature of Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, personal representatives, successors, successors and assigns, except that no party may assign or transfer its or his rights or obligations under this Agreement without the prior written consent of the other parties hereto. Nothing in this Agreement is intended to confer any rights or benefits to any third party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sitek Inc)

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Binding Nature of Agreement; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, personal representatives, successors, successors and assigns, except that no party may assign or transfer its or his rights or obligations under this Agreement without the prior written consent of the other parties party hereto. Nothing in this Agreement is intended to confer any rights or benefits to any third party.

Appears in 1 contract

Samples: Asset Purchase Agreement (Phoenix Restaurant Group Inc)

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