Common use of Binding Nature of Agreement; Successors and Assigns Clause in Contracts

Binding Nature of Agreement; Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the Parties hereto and their respective heirs, personal representatives, successors and permitted assigns as provided in this Agreement. This Agreement may not be assigned by either of the Parties without the prior written consent of the other Party, except that either Party may assign its rights hereunder to any of its affiliates (provided that no such assignment shall release such Party from its obligations under this Agreement).

Appears in 2 contracts

Samples: Termination and Cooperation Agreement (New Senior Investment Group Inc.), Transition Services Agreement (New Senior Investment Group Inc.)

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Binding Nature of Agreement; Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the Parties hereto and their respective heirs, personal representatives, successors and permitted assigns as provided in this Agreement. This Agreement may not be assigned by either of the Parties without the prior written consent of the other Party, except that either Party the Company may assign its rights hereunder to any of its affiliates (provided that no such assignment shall release such Party the Company from its obligations under this Agreement).

Appears in 1 contract

Samples: Transition Services Agreement (New Residential Investment Corp.)

Binding Nature of Agreement; Successors and Assigns. This No Party to this Agreement shall assign or delegate any of the rights, interests, or obligations under or relating to this Agreement without the prior written consent of the Parties. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of and be enforceable by the Parties hereto and their respective heirs, personal representatives, successors and permitted assigns as provided in this Agreement. This Agreement may not be assigned by either of the Parties without the prior written consent of the other Party, except that either Party may assign its rights hereunder to any of its affiliates (provided that no such assignment shall release such Party from its obligations under this Agreement)assigns.

Appears in 1 contract

Samples: Settlement Agreement

Binding Nature of Agreement; Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the Parties parties hereto and their respective heirs, personal representatives, successors and permitted assigns as provided in this Agreement. This Agreement may not be assigned by either of the Parties without the prior written consent of the other Party, except that either Party may assign its rights hereunder to any of its affiliates (provided that no such assignment shall release such Party from its obligations under this Agreement)affiliates.

Appears in 1 contract

Samples: Transition Services Agreement (Drive Shack Inc.)

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Binding Nature of Agreement; Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the Parties hereto and their respective heirs, personal representatives, successors and permitted assigns as provided in this Agreement. This Agreement may not be assigned by either of the Parties without the prior written consent of the other Party, except that either Party may assign its rights hereunder to any of its affiliates (provided that no such assignment shall release such Party from its obligations under this Agreement)affiliates.

Appears in 1 contract

Samples: Transition Services Agreement (Virgin Trains USA LLC)

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