Common use of Binding on Successor Company Clause in Contracts

Binding on Successor Company. This Agreement shall remain in effect and binding upon any successor or assign of Sotheby's including any entity that (whether directly or indirectly, by purchase, merger, reorganization, consolidation, acquisition of property or stock, liquidation or otherwise) is the survivor of the Company or that acquires the Company and/or substantially all the assets of the Company in accordance with the operation of law, and such successor entity shall be deemed the "Company" for purposes of this Agreement. In the situations set forth in this Paragraph 20, if this Agreement is not assumed as a matter of law, the Company will require its assumption by the successor entity.

Binding on Successor Company. This Agreement shall remain in effect and binding upon any successor or assign of Sotheby's including any entity that (whether directly or indirectly, by purchase, merger, reorganization, consolidation, acquisition of property or stock, liquidation or otherwise) is the survivor of the Company or that acquires the Company and/or substantially all the assets of the Company in accordance with the operation of law, and such successor entity shall be deemed the "Company" for purposes of this Agreement. In the situations set forth in this Paragraph 2019, if this Agreement is not assumed as a matter of law, the Company will require its assumption by the successor entity.

Binding on Successor Company. This Agreement shall remain in effect and binding upon any successor or assign of Sotheby's ’s including any entity that (whether directly or indirectly, by purchase, merger, reorganization, consolidation, acquisition of property or stock, liquidation or otherwise) is the survivor of the Company or that acquires the Company and/or substantially all the assets of the Company in accordance with the operation of law, and such successor entity shall be deemed the "“Company" ” for purposes of this Agreement. In the situations set forth in this Paragraph 209, if this Agreement is not assumed as a matter of law, the Company will require its assumption by the successor entity.

Binding on Successor Company. This Agreement shall remain in effect and binding upon any successor or assign of Sotheby's ’s including any entity that (whether directly or indirectly, by purchase, merger, reorganization, consolidation, acquisition of property or stock, liquidation or otherwise) is the survivor of the Company or that acquires the Company and/or substantially all the assets of the Company in accordance with the operation of law, and such successor entity shall be deemed the "“Company" ” for purposes of this Agreement. In the situations set forth in this Paragraph 2022, if this Agreement is not assumed as a matter of law, the Company will require its assumption by the successor entity.

Binding on Successor Company. This Agreement shall remain in effect and binding upon any successor or assign of Sotheby's ’s including any entity that (whether directly or indirectly, by purchase, merger, reorganization, consolidation, acquisition of property or stock, liquidation or otherwise) is the survivor of the Company or that acquires the Company and/or substantially all the assets of the Company in accordance with the operation of law, and such successor entity shall be deemed the "“Company" ” for purposes of this Agreement. In the situations set forth in this Paragraph 2023, if this Agreement is not assumed as a matter of law, the Company will require its assumption by the successor entity.