Common use of Effectiveness; Binding Effect; Assignment Clause in Contracts

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.

Appears in 6 contracts

Samples: Regulation S Stock Purchase Agreement (Kid Castle Educational Corp), Regulation S Stock Purchase Agreement (Kid Castle Educational Corp), Regulation S Stock Purchase Agreement (Kid Castle Educational Corp)

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Effectiveness; Binding Effect; Assignment. This Agreement shall be binding upon and inure to the benefit of the Seller Sellers and each of them, the Purchaser and their respective successors and assigns; provided, that, the Seller Sellers 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.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Western Gaming Corp), Stock Purchase Agreement (Western Gaming Corp), Purchase Agreement (Skreem Entertainment Corp)

Effectiveness; Binding Effect; Assignment. This Agreement shall be binding upon and inure to the benefit of the Seller and Company, the Purchaser and their the respective successors and assigns; provided, that, the Seller 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 or Warrants owned by the Seller Purchaser subject to the conditions of this Agreement and the assumption by the assignee of any obligations relating to the rights assignedAgreement.

Appears in 3 contracts

Samples: Regulation S Stock Purchase Agreement (Nano Chemical Systems Holdings, Inc.), Stock Purchase Agreement (Inverted Paradigms Corp), Regulation S Stock Purchase Agreement (DigitalPost Interactive, Inc.)

Effectiveness; Binding Effect; Assignment. This Agreement shall be binding upon and inure to the benefit of the Seller and Company, the Purchaser and their the respective successors and assigns; provided, provided that, the Seller 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 or Warrants owned by the Seller Purchaser subject to the conditions of this Agreement and the assumption by the assignee of any obligations relating to the rights assignedAgreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Universal Tanning Ventures Inc), Regulation S Stock Purchase Agreement (Universal Energy Corp.)

Effectiveness; Binding Effect; Assignment. This Agreement shall be binding upon and inure to the benefit of the Seller and Seller, 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 or sells any Shares owned by the Seller Purchaser subject to the conditions of this Agreement and Agreement. Seller hereby consents to any such assignment provided the assumption by sale complies with the assignee terms of any obligations relating to the rights assignedArticle 1 of this Agreement.

Appears in 2 contracts

Samples: Regulation S Securities Purchase Agreement (Bio Bridge Science Inc), Regulation S Securities Purchase Agreement (Bio Bridge Science Inc)

Effectiveness; Binding Effect; Assignment. This Agreement shall be binding upon and inure to the benefit of the Seller and Company, the Purchaser and their respective successors and assigns; provided, that, the Seller 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 Seller Purchaser subject to the terms and conditions of this Agreement and the assumption by the assignee of any obligations relating to the rights assignedAgreement.

Appears in 1 contract

Samples: Regulation S Stock Purchase Agreement (Power Efficiency Corp)

Effectiveness; Binding Effect; Assignment. This Agreement shall be binding upon and inure to the benefit of the Seller and Seller, 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 or sells any Shares owned by the Seller Purchaser subject to the conditions of this Agreement and Agreement. Seller hereby consents to any such assignment provided the assumption by sale complies with the assignee terms of any obligations relating to the rights assignedARTICLE I of this Agreement.

Appears in 1 contract

Samples: Regulation S Securities Purchase Agreement (Bio Bridge Science Inc)

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Effectiveness; Binding Effect; Assignment. This Agreement shall be binding upon and inure to the benefit of the Seller and Company, 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 or sells any Shares owned by the Seller Purchaser subject to the conditions of this Agreement and Agreement. The Company hereby consents to any such assignment provided the assumption by sale complies with the assignee terms of any obligations relating to the rights assignedthis Agreement.

Appears in 1 contract

Samples: Regulation S Securities Purchase Agreement (Zap)

Effectiveness; Binding Effect; Assignment. This Agreement shall be binding upon and inure to the benefit of the Seller and Seller, the Purchaser and their the respective successors and assigns; provided, 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 or Warrants owned by the Seller Purchaser subject to the conditions of this Agreement and the assumption by the assignee of any obligations relating to the rights assignedAgreement.

Appears in 1 contract

Samples: Regulation S Stock Purchase Agreement (United States Oil & Gas Corp)

Effectiveness; Binding Effect; Assignment. This Agreement shall be binding upon and inure to the benefit of the Seller and Company, the Purchaser and their the respective successors and assigns; provided, that, the Seller 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 or Warrants owned by the Seller Purchaser subject to the conditions of this Agreement and the assumption by the assignee of any obligations relating to the rights assignedAgreement. 5.6.

Appears in 1 contract

Samples: Regulation S Stock Purchase Agreement (Material Technologies Inc /Ca/)

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