Effectiveness; Binding Effect; Assignment Sample Clauses

Effectiveness; Binding Effect; Assignment. This Agreement shall be binding upon and inure to the benefit of the Seller and the Purchaser and their respective successors and assigns; provided, that, the Seller may not assign any of its rights or obligations under this Agreement without the prior written consent of the Purchaser. The Purchaser may assign all or any part of its rights and obligations hereunder to any person who acquires any Shares owned by the Seller subject to the conditions of this Agreement and the assumption by the assignee of any obligations relating to the rights assigned.
Effectiveness; Binding Effect; Assignment. This Agreement shall be binding upon and inure to the benefit of the Company, the Purchaser and the respective successors and assigns. This Agreement shall become effective on the Effective Date as defined in the Recital.
Effectiveness; Binding Effect; Assignment. This Agreement shall be binding upon and inure to the benefit of Seller, and their respective successors and assigns.
Effectiveness; Binding Effect; Assignment. This Agreement shall be binding upon and inure to the benefit of the Company, the Purchaser and their respective successors and assigns; PROVIDED, that, the Company may not assign any of its rights or obligations under this Agreement without the prior written consent of the Purchaser. The Purchaser may assign all or any part of its rights and obligations hereunder to any person who acquires any Shares owned by the Purchaser subject to the terms and conditions of this Agreement.
Effectiveness; Binding Effect; Assignment. This Agreement shall be binding upon and inure to the benefit of the Company, the Purchaser and their respective successors and assigns; provided however, that, the Company may not assign any of its rights or obligations under this Agreement without the prior written consent of the Purchaser.
Effectiveness; Binding Effect; Assignment. This Agreement shall become effective on the date first written above; provided that in the event this Agreement is not approved by the requisite shareholder vote of the listed company under the same Control as the Purchaser in a shareholders meeting by September 30, 2020 (the “Shareholder Vote Failure”), this Agreement shall be null and void, with no binding obligation on any Party, except that (i) the Purchaser shall have the obligation to pay the Deposit under Section 6.1(a) and (ii) the Purchaser shall pay to the Sellers a termination fee of RMB22,880,381.4 (the “Termination Fee”) in the event of the Shareholder Vote Failure and the Sellers are entitled to deduct or withhold the Termination Fee from the Deposit upon a notice to the Purchaser, in which case such notice of the Sellers will terminate any of the Purchaser’s right, title or other interest with respect to the Deposit. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and permitted assigns. No assignment of this Agreement or of any rights or obligations hereunder may be made by (i) any Seller, directly or indirectly (by operation of law or otherwise), without the prior written consent of the Purchaser, and (ii) the Purchaser, directly or indirectly (by operation of law or otherwise), without the prior written consent of the Sellers, and any attempted assignment in violation of this Section 8.8 shall be void; provided that the Purchaser may assign its rights and obligations under this Agreement to any of its Affiliates upon a two (2) Business Day prior written notice to the Sellers; provided further, that any such assignment shall not relieve the Purchaser of its obligations under this Agreement to the extent not performed by such Affiliate.
AutoNDA by SimpleDocs
Effectiveness; Binding Effect; Assignment. This Agreement shall take effect upon execution by the Parties. This Agreement shall be binding on and shall inure to the benefit of the successors, heirs, executors and administrators and assignees of the Parties hereto but shall not be capable of being assigned by any Covenantor without the prior consent in writing of the Purchaser. This Agreement and the rights and obligations herein may be assigned and transferred by the Purchaser to any Person who has executed a deed of adherence, agreeing to be bound by this Agreement, at the Purchaser’s option.
Effectiveness; Binding Effect; Assignment. This Agreement shall be binding upon and inure to the benefit of the Company, the Purchasers and the respective successors and assigns; provided, that, the Company may not assign any of its rights or obligations under this Agreement without the prior written consent of the Purchasers. The Purchasers may assign all or any part of its rights and obligations hereunder to any person who acquires any Shares owned by the Purchasers. Any such assignment shall operate to release the Purchasers from its liabilities and obligations under this Agreement with respect to the Shares, as applicable, so sold or assigned. A person to whom all or a part of the Purchasers’ rights are so assigned, whether by the Purchasers or by a subsequent person, may, if so agreed to by the Purchasers, become a party to this Agreement, entitled to those rights and benefits set forth herein applicable to the Purchasers or such Shares and shall acquire the Shares subject to the representations and warranties of the Purchasers set forth in Section 2.04, and subject to any restrictions on transfer of Shares under applicable federal and state securities laws. The foregoing is in addition to, and not in limitation of; all other rights, powers and privileges of the Purchasers.
Effectiveness; Binding Effect; Assignment. This Agreement shall be ----------------------------------------- binding upon and inure to the benefit of Flexxtech Holdings and Primavera, and their respective successors and assigns.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!