Binding; Third-Party Beneficiaries. This Agreement shall be binding upon the Parties and upon each of their respective successors and assignees and shall inure to the benefit of, and be enforceable by, each Party and each of their respective successors and permitted assignees; provided, however, that neither Party shall assign any right or obligation arising pursuant to this Agreement without first obtaining the written consent of the other Party. Nothing in this Agreement shall create or be deemed to create any third-party beneficiary rights in any Person not a party to this Agreement.
Appears in 8 contracts
Samples: Purchase and Sale Agreement (Orogen Energy, Inc.), Purchase and Sale Agreement (Orogen Energy, Inc.), Purchase and Sale Agreement (Orogen Energy, Inc.)
Binding; Third-Party Beneficiaries. This Agreement shall be binding upon the Parties and upon each of their respective successors and assignees and shall inure to the benefit of, and be enforceable by, each Party and each of their respective successors and permitted assignees; provided, however, that that, with the exception of an assignment by the Seller to any Affiliate thereof, neither Party shall assign any right or obligation arising pursuant to this Agreement without first obtaining the written consent of the other Party. Nothing in this Agreement shall create or be deemed to create any third-party beneficiary rights in any Person not a party to this Agreement.
Appears in 4 contracts
Samples: Stock Purchase Agreement (Omega Protein Corp), Stock Purchase Agreement (Glazer Malcolm I), Purchase and Sale Agreement (Mission Resources Corp)
Binding; Third-Party Beneficiaries. This Agreement shall be binding upon the Parties and upon each of their respective successors and assignees and shall inure to the benefit of, and be enforceable by, each Party and each of their respective successors and permitted assignees; provided, however, that neither Party shall assign any right or obligation arising pursuant to this Agreement without first obtaining the written consent of the other Party. Nothing Except as set forth in Article 8, nothing in this Agreement shall create or be deemed to create any third-party beneficiary rights in any Person not a party to this Agreement.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Mission Resources Corp)
Binding; Third-Party Beneficiaries. This Agreement shall will inure to the benefit of and be binding upon the Parties parties hereto and upon each of their respective successors and assignees and shall inure to the benefit of, and be enforceable by, each Party and each of their respective successors and permitted assignees; provided, however, that neither Party shall assign any right or obligation arising pursuant assigns. The parties to this Agreement without first obtaining do not intend that any other person shall have the written consent right to enforce any term of the other Party. Nothing in this Agreement shall create or be deemed to create any third-party beneficiary rights in any Person not a party to this Agreementby virtue of the Contracts (Rights of Third Parties) Xxx 0000.
Appears in 1 contract