Common use of No Assignment; Successors and Assigns Clause in Contracts

No Assignment; Successors and Assigns. The parties' respective ------------------------------------- rights and obligations hereunder may not be assigned, transferred, pledged, or encumbered, in any manner, direct or indirect, contingent or otherwise, in whole or in part, voluntarily or by operation of law, without the prior written consent of the other parties, provided that NBC may assign, in whole or in part, -------- any of its rights and obligations hereunder and under the Implementing Agreements to one or more of its Affiliates without the consent of the other parties hereto, but NBC will remain liable for its obligations hereunder and under each of the Implementing Agreements to which it is a party. Subject to the preceding sentence, this Agreement shall be binding on the parties hereto and their respective successors and permitted assigns.

Appears in 4 contracts

Samples: Agreement and Plan of Contribution, Investment and Merger (General Electric Co), Merger Agreement (General Electric Co), Agreement and Plan of Contribution, Investment and Merger (Xoom Inc)

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No Assignment; Successors and Assigns. The parties' respective ------------------------------------- rights and obligations hereunder may not be assigned, transferred, pledged, or encumbered, in any manner, direct or indirect, contingent or otherwise, in whole or in part, voluntarily or by operation of law, without the prior written consent of the other parties, provided PROVIDED that NBC may assign, in whole or in part, -------- any of its rights and obligations hereunder and under the Implementing Agreements to one or more of its Affiliates without the consent of the other parties hereto, but NBC will remain liable for its obligations hereunder and under each of the Implementing Agreements to which it is a party. Subject to the preceding sentence, this Agreement shall be binding on the parties hereto and their respective successors and permitted assigns.

Appears in 2 contracts

Samples: Agreement and Plan of Contribution, Investment and Merger (Xoom Inc), Agreement and Plan of Contribution, Investment and Merger (General Electric Co)

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No Assignment; Successors and Assigns. The parties' respective ------------------------------------- rights and obligations hereunder may not be assigned, transferred, pledged, or encumbered, in any manner, direct or indirect, contingent or otherwise, in whole or in part, voluntarily or by operation of law, without the prior written consent of the other parties, provided that NBC may assign, in whole or in part, -------- any of its rights and obligations hereunder and under the Implementing Agreements to one or more of its Affiliates without the consent of the other parties hereto, but NBC will remain liable for its obligations hereunder and under each of the Implementing Agreements to which it is a party. Subject to the preceding sentence, this Agreement shall be binding on the parties hereto and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Agreement and Plan of Contribution, Investment and Merger (General Electric Co)

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