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

No Third Party Beneficiaries; Assignment. Nothing in this Agreement shall create or be deemed to create any third party beneficiary rights in any person or entity not a party to this Agreement, but other than rights expressly granted to Representatives of a party hereunder. No assignment of this Agreement or of any rights or obligations hereunder may be made (by operation of law or otherwise) by the Transferor or the Transferee without the prior written consent of the other party hereto and any attempted assignment without the required consents shall be void; provided, however, that after Closing, either party may assign this Agreement and any or all rights or obligations hereunder to any Affiliate.

Appears in 3 contracts

Samples: Asset Transfer Agreement (Medigus Ltd.), Asset Transfer Agreement (Intellisense Solutions Inc.), Asset Transfer Agreement (Medigus Ltd.)

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No Third Party Beneficiaries; Assignment. Nothing in this Agreement shall create or be deemed to create any third party beneficiary rights in any person or entity not a party to this Agreement, but other than rights expressly granted to Representatives of a party hereunder. No assignment of this Agreement or of any rights or obligations hereunder may be made (by operation of law or otherwise) by the Transferor Licensor or the Transferee Licensee without the prior written consent of the other party hereto and any attempted assignment without the required consents shall be void; provided, however, that after Closing, either party may assign this Agreement and any or all rights or obligations hereunder to any Affiliate.

Appears in 3 contracts

Samples: Patent License Agreement (ScoutCam Inc.), Patent License Agreement (ScoutCam Inc.), Patent License Agreement (Medigus Ltd.)

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No Third Party Beneficiaries; Assignment. This Agreement shall inure to the benefit of the parties and their respective successors and permitted assignees. Nothing in this Agreement shall create or be deemed to create any third party beneficiary rights in any person or entity entity, including, without limitation, employees not a party to this Agreement, but other than rights expressly granted to Representatives of a party hereunder. No assignment of this Agreement or of any nay rights or obligations hereunder under this Agreement may be made (by operation of law or otherwise) by the Transferor or the Transferee either party without the prior written consent of the other party hereto and any attempted assignment without the that required consents consent shall be void; provided, however, that after Closing, either . No assignment by a party may assign of its rights under this Agreement and shall relieve it of any or all rights or of its obligations hereunder to any Affiliatethe other party under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Digital Transmission Systems Inc \De\)

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