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 parties hereto and their respective successors and permitted assigns. This Agreement and all of its conditions and provisions are for the sole and exclusive benefit of the parties hereto and their respective successors and permitted assigns, and nothing in this Agreement, express or implied, is intended to confer upon any Person other than the parties hereto any rights or remedies of any nature whatsoever under or by reason of this Agreement or any provision hereof.

Appears in 6 contracts

Samples: Merger Agreement (Ballard Power Systems Inc.), Support Agreement (Mandalay Digital Group, Inc.), License Agreement (Innovative Card Technologies Inc)

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Burden and Benefit. This Agreement shall be binding upon and and, to the extent permitted in this Agreement, shall inure to the benefit of, of the parties hereto and their respective successors and permitted assigns. This Agreement and all of its conditions and provisions are for the sole and exclusive benefit of the parties hereto and their respective successors and permitted assigns, and nothing in this Agreement, express or implied, is intended to confer upon any Person other than the parties hereto any rights or remedies of any nature whatsoever under or by reason of this Agreement or any provision hereof.

Appears in 5 contracts

Samples: Intellectual Property Purchase Agreement (End Fuel Corp), Intellectual Property Purchase Agreement (Global Warming Solutions, Inc.), Intellectual Property Purchase Agreement (Rx Technologies Corp.)

Burden and Benefit. This Agreement shall be binding upon and and, to the extent permitted in this Agreement, shall inure to the benefit of, the parties hereto and their respective successors and permitted assigns. This Agreement and all of its conditions and provisions are for the sole and exclusive benefit of the parties hereto and their respective successors and permitted assigns, and nothing in this Agreement, express or implied, is intended to confer upon any Person other than the parties hereto any rights or remedies of any nature whatsoever under or by reason of this Agreement or any provision hereof.

Appears in 3 contracts

Samples: Merger Agreement (Ashlin Development Corp), Stock Purchase Agreement (Educational Video Conferencing Inc), Stock Purchase Agreement (Evci Career Colleges Inc)

Burden and Benefit. This The terms and provisions of this Agreement shall be binding upon upon, and shall inure to the benefit of, the parties hereto and their respective successors and permitted assigns. This Agreement and all of its conditions and provisions are for the sole and exclusive benefit of the parties hereto and their respective successors and permitted assigns, and nothing Nothing in this Agreement, express or implied, is intended to confer upon any Person other than the parties hereto not a Party to this Agreement any rights or remedies of any nature whatsoever under or by reason of this Agreement or any provision hereofAgreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (ONE Group Hospitality, Inc.)

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Burden and Benefit. This Agreement shall be binding upon and and, to the extent permitted in this Agreement, shall inure to the benefit ofbenefit, of the parties hereto Parties and their respective successors and permitted assigns. This Agreement and all of its conditions and provisions are for the sole and exclusive benefit of the parties hereto and their respective successors and permitted assigns, and nothing in this Agreement, express or implied, is intended to confer upon any Person other than the parties hereto any rights or remedies of any nature whatsoever under or by reason of this Agreement or any provision hereof.

Appears in 1 contract

Samples: Intellectual Property Purchase Agreement (Hydrogen Motors, Inc.)

Burden and Benefit. This Agreement shall be binding upon upon, and shall inure to the benefit of, the parties hereto and their respective successors and permitted assigns. This Agreement and all of its conditions and provisions are for the sole and exclusive benefit of the parties hereto and their respective successors and permitted assigns, and nothing in this Agreement, express or implied, is intended to confer upon any Person other than the parties hereto any rights or remedies of any nature whatsoever under or by reason of this Agreement or any provision hereof.

Appears in 1 contract

Samples: Credit Support Agreement (Federal Agricultural Mortgage Corp)

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