Common use of No Assignment; Binding Effect Clause in Contracts

No Assignment; Binding Effect. Neither this Agreement nor any right, interest or obligation hereunder may be assigned by any Party hereto without the prior written consent of the other Party hereto and any attempt to do so will be void, except that each Party hereto may assign any or all of its rights, interests and obligations hereunder to an Affiliate, provided, that, any such Affiliate agrees in writing to be bound by all of the terms, conditions and provisions contained herein. 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.

Appears in 3 contracts

Samples: Transition Services Agreement (Games Inc), Transition Services Agreement (American Express Financial Corp), Transition Services Agreement (Ameriprise Financial Inc)

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No Assignment; Binding Effect. Neither this Agreement nor any ----------------------------- right, interest or obligation hereunder may be assigned by any Party party hereto without the prior written consent of the other Party hereto and any attempt to do so will be void, except (i) for assignments and transfers by operation of law, and (ii) that each Party hereto the Buyer may assign any or all of its rights, interests and obligations hereunder to an Affiliate, provided, that, any such Affiliate agrees in writing to be bound by all of the termsBuyer with the consent of the Parent, conditions and provisions contained hereinwhich consent shall not unreasonably be withheld. 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 permitted successors and assigns.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Cellstar Corp), Asset Purchase Agreement (Cellstar Corp), Asset Purchase Agreement (Cellstar Corp)

No Assignment; Binding Effect. Neither this Agreement nor any right, interest or obligation hereunder may be assigned by any Party hereto without the prior written consent of the other Party hereto and any attempt to do so will be void, except that each Party hereto may assign any or all of its rights, interests and obligations hereunder to an Affiliate, provided, that, any such Affiliate agrees in writing to be bound by all of the terms, conditions and provisions contained herein, and no such assignment shall relieve the assigning Party of its obligations hereunder. 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.

Appears in 3 contracts

Samples: Transition Services Agreement, Transition Services Agreement (International Seaways, Inc.), Transition Services Agreement (International Seaways, Inc.)

No Assignment; Binding Effect. Neither this Agreement nor any right, interest or obligation hereunder may be assigned by any Party hereto without the prior written consent of the other Party hereto Parties and any attempt to do so will shall be void, except that each Party hereto may assign any or all of its rights, interests and obligations hereunder to an Affiliatea directly or indirectly wholly-owned subsidiary of such Party or the ultimate corporate parent of such Party or to a successor in interest, provided, that, provided that any such Affiliate assignee agrees in writing to be bound by all of the terms, conditions and provisions contained herein, but no such assignment shall relieve such Party of its obligations hereunder. 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.

Appears in 2 contracts

Samples: Serv Support Agreement, Serv Support Agreement (Markit Ltd.)

No Assignment; Binding Effect. Neither this Agreement nor any right, interest or obligation hereunder may be assigned by any Party party hereto without the prior written consent of the other Party party hereto and any attempt to do so will be void, except that each Party hereto Acquiror may assign any or all of its rights, interests and obligations hereunder (including its rights under Article XIV) to an Affiliate, provided, that, provided that any such Affiliate agrees in writing to be bound by all of the terms, conditions and provisions contained herein, but no such assignment shall relieve Acquiror of its obligations hereunder. Subject to the preceding sentence, this Agreement is binding upon, inures to the benefit of and is enforceable by the Parties parties hereto and their respective successors and assigns.

Appears in 2 contracts

Samples: Acquisition Agreement (Municipal Mortgage & Equity LLC), Acquisition Agreement (Municipal Mortgage & Equity LLC)

No Assignment; Binding Effect. Neither this Agreement nor any right, interest or obligation hereunder may be assigned by any Party party hereto without the prior written consent of the other Party party hereto and any attempt to do so will shall be void, except that each Party hereto the Investor may assign any or all of its rights, interests and obligations hereunder to an Affiliate, provided, that, provided that any such Affiliate agrees in writing to be bound by all of the terms, conditions and provisions contained herein, but no such assignment shall relieve the Investor of its obligations hereunder. Subject to the preceding sentence, this Agreement is binding upon, inures to the benefit of and is enforceable by the Parties parties hereto and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Preferred Share Purchase Agreement (Yingli Green Energy Holding Co LTD)

No Assignment; Binding Effect. Neither this Agreement nor any right, interest or obligation hereunder may be assigned by any Party party hereto without the prior written consent of the other Party party hereto and any attempt to do so will shall be void, except that each Party hereto Investor may assign any or all of its rights, interests and obligations hereunder to an Affiliateits Affiliates, provided, that, provided that any such Affiliate agrees in writing to be bound by all of the terms, conditions and provisions contained herein, but no such assignment shall relieve such Investor of its obligations hereunder. Subject to the preceding sentence, this Agreement is binding upon, inures to the benefit of and is enforceable by the Parties parties hereto and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Preferred Share Purchase Agreement (Yingli Green Energy Holding Co LTD)

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No Assignment; Binding Effect. Neither this Agreement nor any right, interest or obligation hereunder may be assigned by any Party hereto without the prior written consent of the other Party hereto and any attempt to do so will be void, except that each Party hereto may assign any for (a) assignments and transfers by operation of Law, or all (b) assignments and transfers by Purchaser of its rights, interests and or obligations hereunder hereunder, in whole or in part, to an Affiliate, provided, that, any provided that no such Affiliate agrees assignments referred to in writing to be bound by all clauses (a) or (b) shall relieve the assigning Party of the terms, conditions and provisions contained hereinits obligations hereunder. 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.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Argan Inc)

No Assignment; Binding Effect. Neither this Agreement nor any right, interest or obligation hereunder may be assigned (by operation of law or otherwise) by any Party party hereto without the prior written consent of the other Party parties hereto and any attempt to do so will be void; provided, except however, that each Party hereto may without the consent of any other party, Exped may, prior to the Closing, assign any or all its rights and obligations under this Agreement to an Affiliate of Exped provided that Exped shall remain jointly and severally liable for its rights, interests rights and obligations hereunder to an Affiliate, provided, that, with any such Affiliate agrees in writing to be bound by all of the terms, conditions and provisions contained hereinassignee. Subject to the preceding sentence, this Agreement is binding upon, inures to the benefit of of, and is enforceable by the Parties parties hereto and their respective successors and assigns.

Appears in 1 contract

Samples: Asset Purchase Agreement (Standard Register Co)

No Assignment; Binding Effect. Neither this Agreement Amendment nor any right, interest or obligation hereunder may be assigned by any Party party hereto without the prior written consent of the other Party party hereto and any attempt to do so will shall be void, except that each Party hereto the Investor may assign any or all of its rights, interests and obligations hereunder to an Affiliate, provided, that, provided that any such Affiliate agrees in writing to be bound by all of the terms, conditions and provisions contained herein, but no such assignment shall relieve the Investor of its obligations hereunder. Subject to the preceding sentence, this Agreement Amendment is binding upon, inures to the benefit of and is enforceable by the Parties parties hereto and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Amendment Agreement (Yingli Green Energy Holding Co LTD)

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