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

No Assignment; No Third Party Beneficiaries. This Agreement and the rights, duties and obligations hereunder may not be assigned or delegated by the Company or the Sales Agent, the Forward Seller or the Forward Purchaser; provided, however, that the Sales Agent, the Forward Seller and the Forward Purchaser may assign their rights, duties and obligations hereunder to an affiliate that is a registered broker-dealer or banking entity. Any purported assignment or delegation of rights, duties or obligations hereunder shall be void and of no effect. This Agreement and the provisions hereof shall be binding upon and shall inure to the benefit of each of the parties hereto and their respective successors and, to the extent provided in Article VI, the Controlling Persons, officers, directors, employees and agents referred to in Article VI. This Agreement is not intended to confer any rights or benefits on any Persons other than as set forth in Article VI or elsewhere in this Agreement.

Appears in 3 contracts

Samples: Sales Agency Financing Agreement (SITE Centers Corp.), Sales Agency Financing Agreement (SITE Centers Corp.), Sales Agency Financing Agreement (SITE Centers Corp.)

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No Assignment; No Third Party Beneficiaries. This Agreement and the rights, duties and obligations hereunder may not be assigned or delegated by the Company or the Sales AgentBNYMCM, the Forward Seller or the Forward Purchaser; provided, however, that the Sales AgentBNYMCM, the Forward Seller and the Forward Purchaser may assign their rights, duties and obligations hereunder to an affiliate that is a registered broker-dealer or banking entity. Any purported assignment or delegation of rights, duties or obligations hereunder shall be void and of no effect. This Agreement and the provisions hereof shall be binding upon and shall inure to the benefit of each of the parties hereto and their respective successors and, to the extent provided in Article VI, the Controlling Persons, officers, directors, employees and agents referred to in Article VI. This Agreement is not intended to confer any rights or benefits on any Persons other than as set forth in Article VI or elsewhere in this Agreement.

Appears in 1 contract

Samples: Sales Agency Financing Agreement (DDR Corp)

No Assignment; No Third Party Beneficiaries. This Agreement and the rights, duties and obligations hereunder may not be assigned or delegated by the Company or the Sales Agent[, the Forward Seller or the Forward Purchaser; provided, howeverthat Xxxxxxx Xxxxx may, that without notice to the Sales AgentCompany, the Forward Seller and the Forward Purchaser may assign their rights, duties its rights and obligations hereunder under this Agreement to an affiliate that is a any other registered broker-dealer wholly-owned by Bank of America Corporation to which all or substantially all of Xxxxxxx Xxxxx’x investment banking entity. or related business may be transferred following the date of this Agreement.] Any purported assignment or delegation of rights, duties or obligations hereunder shall be void and of no effect. This Agreement and the provisions hereof shall be binding upon and shall inure to the benefit of each of the parties hereto and their respective successors and, to the extent provided in Article VI, the Controlling Personscontrolling persons, officers, directors, employees and agents referred to in Article VI. This Agreement is not intended to confer any rights or benefits on any Persons other than as set forth in Article VI or elsewhere in this Agreement.

Appears in 1 contract

Samples: Sales Agency Financing Agreement (Boston Properties Inc)

No Assignment; No Third Party Beneficiaries. This Agreement and the rights, duties and obligations hereunder may not be assigned or delegated by the Company or the Sales AgentSCUSA, the Forward Seller or the Forward Purchaser; provided, however, that the Sales AgentSCUSA, the Forward Seller and the Forward Purchaser may assign their rights, duties and obligations hereunder to an affiliate that is a registered broker-dealer or banking entity. Any purported assignment or delegation of rights, duties or obligations hereunder shall be void and of no effect. This Agreement and the provisions hereof shall be binding upon and shall inure to the benefit of each of the parties hereto and their respective successors and, to the extent provided in Article VI, the Controlling Persons, officers, directors, employees and agents referred to in Article VI. This Agreement is not intended to confer any rights or benefits on any Persons other than as set forth in Article VI or elsewhere in this Agreement.

Appears in 1 contract

Samples: Sales Agency Financing Agreement (DDR Corp)

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No Assignment; No Third Party Beneficiaries. This Agreement and the rights, duties and obligations hereunder may not be assigned or delegated by the Company or the Sales AgentKBCM, the Forward Seller or the Forward Purchaser; provided, however, that the Sales AgentKBCM, the Forward Seller and the Forward Purchaser may assign their rights, duties and obligations hereunder to an affiliate that is a registered broker-dealer or banking entity. Any purported assignment or delegation of rights, duties or obligations hereunder shall be void and of no effect. This Agreement and the provisions hereof shall be binding upon and shall inure to the benefit of each of the parties hereto and their respective successors and, to the extent provided in Article VI, the Controlling Persons, officers, directors, employees and agents referred to in Article VI. This Agreement is not intended to confer any rights or benefits on any Persons other than as set forth in Article VI or elsewhere in this Agreement.

Appears in 1 contract

Samples: Sales Agency Financing Agreement (DDR Corp)

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