Common use of No Assignment; Binding Effect; No Third-Party Beneficiaries Clause in Contracts

No Assignment; Binding Effect; No Third-Party Beneficiaries. Neither this Agreement nor any right, interest or obligation hereunder may be assigned by any Party without the prior written consent of the other Parties and any attempt to do so will be void. Subject to the preceding sentence, this Agreement is binding upon, inures to the benefit of and is enforceable by the Parties and their respective successors and assigns. The terms and provisions of this Agreement are intended solely for the benefit of each Party and their respective successors or permitted assigns, and it is not the intention of the Parties to confer third party beneficiary rights upon any other Person.

Appears in 4 contracts

Samples: Standstill Agreement (Alfa Telecom LTD), Standstill Agreement (Open Joint Stock Co Long Distance & Internat Comm Rostelecom), Standstill Agreement (Cavendish Nominees LTD)

AutoNDA by SimpleDocs

No Assignment; Binding Effect; No Third-Party Beneficiaries. (a) Neither this Agreement nor any right, interest or obligation hereunder may be assigned by any either Party hereto without the prior written consent of the other Parties Party hereto and any attempt to do so will be void. Subject to the preceding sentence, this Agreement is binding upon, inures to the benefit of and is enforceable by the Parties hereto and their respective successors and assigns. The . (b) Except for the provisions of Article IV relating to indemnification, the terms and provisions of this Agreement are intended solely for the benefit of each Party hereto and their respective Affiliates, successors or permitted assigns, and it is not the intention of the Parties to confer third third-party beneficiary rights upon any other Person.

Appears in 3 contracts

Samples: Separation and Distribution Agreement (Scripps Networks Interactive, Inc.), Separation and Distribution Agreement (Scripps E W Co /De), Separation and Distribution Agreement (Scripps Networks Interactive, Inc.)

AutoNDA by SimpleDocs

No Assignment; Binding Effect; No Third-Party Beneficiaries. Neither Except as expressly provided in Section 4.2 and Section 4.7, neither this Agreement nor any right, interest or obligation hereunder may be assigned by any Party without the prior written consent of the other Parties and any attempt to do so will be void. Subject to the preceding sentence, this Agreement is binding upon, inures to the benefit of and is enforceable by the Parties and their respective successors and assigns. The terms and provisions of this Agreement are intended solely for the benefit of each Party and their respective successors or permitted assigns, and it is not the intention of the Parties to confer third party beneficiary rights upon any other Person.

Appears in 1 contract

Samples: Shareholders Agreement (Open Joint Stock Co Long Distance & Internat Comm Rostelecom)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!