Common use of Burden and Benefit Clause in Contracts

Burden and Benefit. This Agreement shall be binding upon, and shall inure to the benefit of, the Members, and their respective heirs, executors, administrators, successors and assigns. There shall be no third party beneficiaries of this Agreement.

Appears in 7 contracts

Samples: Joint Venture Agreement, Operating Agreement, Joint Venture Agreement (Harrison Vickers & Waterman Inc)

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Burden and Benefit. This Agreement shall be binding upon, upon and shall inure to the benefit of, the Members, parties hereto and their respective heirs, executors, administrators, successors and permitted assigns. There shall be are no third party beneficiaries of this Agreement; provided, however, that any Person that is not a party to this Agreement but, by the terms of Section 10.2, is entitled to indemnification, shall be considered a third party beneficiary of this Agreement, with full rights of enforcement as though such Person was a signatory to this Agreement.

Appears in 5 contracts

Samples: Merger Agreement (Commerce Planet), Merger Agreement (Maxum Petroleum Holdings, Inc.), Stock Purchase Agreement (Corporate Staffing Resources Inc)

Burden and Benefit. This Agreement shall be binding upon, upon and shall inure to the benefit of, the Members, parties hereto and their respective heirs, executors, administrators, successors and permitted assigns. There shall be are no third party beneficiaries of this Agreement.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Ams Health Sciences Inc), Merger Agreement (Brush Creek Mining & Development Co Inc), Merger Agreement (Helpmate Robotics Inc)

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Burden and Benefit. This Agreement shall be binding upon, upon and shall inure to the benefit of, of the Members, parties hereto and their respective heirs, executors, administrators, successors and permitted assigns. There shall be no third party beneficiaries of this Agreement.

Appears in 3 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (BOSTON OMAHA Corp), Asset Purchase Agreement (BOSTON OMAHA Corp)

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