Common use of Enurement and Assignment Clause in Contracts

Enurement and Assignment. This Agreement will enure to the benefit of and will be binding upon the Vendors and the Purchaser, and their respective personal representatives, heirs, executors, administrators, successors and permitted assigns. Neither party will assign its rights or obligations under this Agreement or any part thereof, provided that the Purchaser may assign this Agreement, without consent, but upon notification to the Vendors, to another corporation.

Appears in 2 contracts

Samples: Share Purchase Agreement (Xin Net Corp), Share Exchange Agreement (Xin Net Corp)

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Enurement and Assignment. This Agreement will shall be binding upon and enure to the benefit of and will be binding upon the Vendors and the PurchaserParties, and their respective personal representatives, heirs, executors, administrators, administrators and other legal representatives and their respective successors and permitted assigns. Neither party will The Purchaser may assign its rights or obligations under this Agreement in whole or in part to any part thereofother person; provided, provided however, that any such assignment shall not relieve the Purchaser may assign this Agreement, without consent, but upon notification to the Vendors, to another corporationfrom any of its obligations hereunder.

Appears in 1 contract

Samples: Acquisition Agreement (FOCUS GOLD Corp)

Enurement and Assignment. This Agreement will shall enure to the benefit of and will be binding upon each of the Vendors and the Purchaser, Parties hereto and their respective personal representatives, heirs, executors, administrators, successors and permitted assigns. Neither party will the Vendor nor the Purchaser may assign or transfer its rights or and obligations under this Agreement or any part thereofwithout the prior written consent of the other party, provided that the Purchaser may assign save for Licensee’s right to sublicense this Agreement, without consent, but upon notification Agreement to the Vendors, to another corporationa Sublicensee.

Appears in 1 contract

Samples: Asset Agreement

Enurement and Assignment. This Agreement will enure to the benefit of and will be binding upon the Vendors and the Company and the Purchaser, and their respective personal representatives, heirs, executors, administrators, successors and permitted assigns. Neither party will assign its rights or obligations under this Agreement or any part thereof, provided that the Purchaser may assign this Agreement, without consent, but upon notification to the Vendors, to another corporation.. -102-

Appears in 1 contract

Samples: Share Exchange Agreement (Data Fortress Systems Group LTD)

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Enurement and Assignment. This Agreement will shall be binding upon and enure to the benefit of and will be binding upon the Vendors and the PurchaserParties, and their respective personal representatives, heirs, executors, administrators, administrators and other legal representatives and their respective successors and permitted assigns. Neither party will The Purchaser may assign its rights or obligations under this Agreement in whole or in part to any part thereofother person; provided, provided however, that any such assignment shall not relieve the Purchaser from any of its obligations hereunder. The Sellers may not assign their rights under this Agreement, without consent, but upon notification to the Vendors, to another corporation.

Appears in 1 contract

Samples: Share Purchase Agreement (Gold Bag, Inc.)

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