Common use of No Assignment or Benefit to Third Parties Clause in Contracts

No Assignment or Benefit to Third Parties. This Agreement shall be binding upon and inure to the benefit of the Parties hereto and their respective successors, legal representatives and permitted assigns. Notwithstanding the foregoing, no Party to this Agreement may assign any of its rights or delegate any of its obligations under this Agreement without the prior written consent of the other Party hereto. Except for the Release and as otherwise provided in Article VII, nothing in this Agreement, express or implied, is intended to confer upon any Person other than Noble, Paragon, and their respective successors, legal representatives and permitted assigns, any rights, benefits or remedies under or by reason of this Agreement.

Appears in 2 contracts

Samples: Settlement Agreement (Noble Corp), Settlement Agreement (Paragon Offshore PLC)

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No Assignment or Benefit to Third Parties. This Agreement shall be binding upon and inure to the benefit of the parties hereto, the Seller Indemnified Parties hereto and their respective successors, legal representatives and permitted assigns. Notwithstanding the foregoing, no Party No party to this Agreement may assign any of its rights or transfer or delegate any of its obligations under this Agreement Agreement, directly or indirectly, by operation of Law or otherwise, without the prior written consent of the other Party parties hereto. Except for the Release and as otherwise provided in Article VII, nothing Nothing in this Agreement, express or implied, is intended to confer upon any Person other than NobleBuyer, ParagonSeller, the Seller Indemnified Parties and Parent and their respective successors, legal representatives and permitted assigns, any rights, benefits rights or remedies under or by reason of this Agreement.

Appears in 2 contracts

Samples: Parent Agreement (Adelphia Communications Corp), Parent Agreement (Time Warner Inc)

No Assignment or Benefit to Third Parties. This Agreement shall be binding upon and inure to the benefit of the Parties parties hereto and their respective successors, legal representatives and permitted assigns. Notwithstanding the foregoing, no Party Neither party to this Agreement may assign any of its rights or delegate any of its obligations under this Agreement Agreement, by operation of Law or otherwise, without the prior written consent of the other Party party hereto. Except for the Release and , except as otherwise provided in Article VII, nothing Section 12.6. Nothing in this Agreement, express or implied, is intended to confer upon any Person other than NobleBuyer, ParagonSeller, the Indemnified Parties and their respective successors, legal representatives and permitted assigns, any rights, benefits rights or remedies under or by reason of this Agreement.

Appears in 1 contract

Samples: Shareholders’ and Registration Rights Agreement (Cree Inc)

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No Assignment or Benefit to Third Parties. This Agreement shall be binding upon and inure to the benefit of the Parties parties hereto and their respective successors, legal representatives and permitted assigns. Notwithstanding the foregoing, no Party No party to this Agreement may assign any of its rights or delegate any of its obligations under this Agreement Agreement, by operation of Law or otherwise, without the prior written consent of the other Party party hereto. Except for the Release and , except as otherwise provided in Article VII, nothing Section 13.5 and except that Buyer may assign any and all of its rights under this Agreement to one or more of its wholly owned subsidiaries (but no such assignment shall relieve Buyer of any of its obligations hereunder). Nothing in this Agreement, express or implied, is intended to confer upon any Person other than NobleSeller, Paragon, Buyer and Merger Sub and their respective successors, legal representatives and permitted assigns, any rights, benefits rights or remedies under or by reason of this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Aames Investment Corp)

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