Common use of Limitation on Assignment; Parties in Interest Clause in Contracts

Limitation on Assignment; Parties in Interest. (a) No assignment of this Agreement or of any rights or obligations hereunder may be made by the Company without the prior written consent of the Investor and any attempted assignment without the required consent shall be void. No assignment of this Agreement or of any rights or obligations hereunder may be made by the Investor (by operation of Law or otherwise) except as permitted by the Lock-up Agreement. (b) This Agreement shall be binding upon, and shall inure to the benefit of, and be enforceable by, the parties and their respective successors, transferees and assigns.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Newkirk Realty Trust, Inc.), Securities Purchase Agreement (First Union Real Estate Equity & Mortgage Investments)

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Limitation on Assignment; Parties in Interest. (a) No assignment of this Agreement or of any rights or obligations hereunder may be made by the Company without or the prior written consent of the Investor and any attempted assignment without the required consent shall be void. No assignment of this Agreement or of any rights or obligations hereunder may be made by the Investor Investors (by operation of Law or otherwise) except as permitted by without the Lock-up Agreementprior written consent of the other parties hereto and any attempted assignment without the required consents shall be void. (b) This Agreement shall be binding upon, and shall inure to the benefit of, and be enforceable by, the parties and their respective successors, transferees and assigns.

Appears in 2 contracts

Samples: Securities Purchase Agreement (First Union Real Estate Equity & Mortgage Investments), Securities Purchase Agreement (First Union Real Estate Equity & Mortgage Investments)

Limitation on Assignment; Parties in Interest. (a) No assignment of this Agreement or of any rights or obligations hereunder may be made by the Company Xxxxxxx without the prior written consent of the Investor First Union and any attempted assignment without the required consent shall be void. No assignment of this Agreement or of any rights or obligations hereunder may be made by the Investor First Union (by operation of Law or otherwise) except as permitted by the Lock-up Agreement. (b) This Agreement shall be binding upon, and shall inure to the benefit of, and be enforceable by, the parties and their respective successors, transferees and assigns.

Appears in 1 contract

Samples: Acquisition Agreement (Newkirk Realty Trust, Inc.)

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Limitation on Assignment; Parties in Interest. (a) No assignment of this Agreement or of any rights or obligations hereunder may be made by the Company or the Investor (by operation of Law or otherwise) without the prior written consent of the Investor other party hereto and any attempted assignment without the required consent shall be void. No assignment of this Agreement or of any void except that the Investor may transfer its rights or obligations hereunder may be made by hereunder, including the Investor (by operation of Law or otherwise) except as permitted by Shares, to a wholly-owned subsidiary without the Lock-up AgreementCompany’s consent. (b) This Agreement shall be binding upon, and shall inure to the benefit of, and be enforceable by, the parties and their respective successors, transferees and assigns.

Appears in 1 contract

Samples: Securities Purchase Agreement (First Union Real Estate Equity & Mortgage Investments)

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