PARTIES AND SUCCESSORS Sample Clauses
The "Parties and Successors" clause defines who is bound by the agreement and extends its obligations and benefits to the parties’ legal successors, such as heirs, assigns, or entities that acquire the parties’ interests. In practice, this means that if a party undergoes a merger, acquisition, or transfers its rights and obligations, the new entity or individual will also be subject to the terms of the contract. This clause ensures continuity and enforceability of the agreement, preventing parties from escaping their responsibilities through changes in ownership or legal status.
PARTIES AND SUCCESSORS. This Agreement shall inure to the benefit of and be binding upon the Agents and the Company and their respective successors. Nothing expressed or mentioned in this Agreement is intended or shall be construed to give any person, firm or corporation, other than the parties hereto and their respective successors and the controlling persons and directors referred to in Section 8 and their heirs and legal representatives, any legal or equitable right, remedy or claim under or in respect of this Agreement or any provision herein contained. This Agreement and all conditions and provisions hereof are intended to be for the sole and exclusive benefit of the parties hereto and their respective successors and said controlling persons and directors and their heirs and legal representatives, and for the benefit of no other person, firm or corporation. No purchaser of Notes shall be deemed to be a successor by reason merely of such purchase.
PARTIES AND SUCCESSORS. Subject to the limitations and conditions set forth elsewhere herein, this Lease shall bind and inure to the benefit of the respective heirs, legal representatives, successors, and permitted assigns and/or sublessees of the parties hereto. The term "Landlord", as used in this Lease, so far as the performance of any covenants or obligations on the part of Landlord under this Lease are concerned, shall mean only the owner of the Project at the time in question, so that in the event of any transfer of title to the Project, the party by whom any such transfer is made shall have no liability for a breach of any obligations of the Landlord under this Lease after the date of such transfer, and the party to whom any such transfer is made shall have no liability for any breach of the obligations of the Landlord under this Lease before the date of the transfer. Landlord shall have the right to transfer, sell, assign, mortgage or encumber, in whole or in part, all of its rights and obligations hereunder and in the Building, the Land, the Project and other property of Landlord referred to herein.
PARTIES AND SUCCESSORS. Subject to the limitations and conditions ---------------------- set forth elsewhere herein, this Lease shall bind and inure to the benefit of the respective heirs, legal representatives, successors, and permitted assigns and/or sublessees of the parties hereto. The term "Landlord", as used in this Lease, so far as the performance of any covenants or obligations on the part of Landlord under this Lease are concerned, shall mean only the owner of the Project at the time question, so that in the event of any transfer of title to the Project, the party by whom may such transfer is made shall be relieved of all liability and obligations of the Landlord arising under this Lease from and after the date of such transfer. Landlord shall have the right to transfer, sell, assign, mortgage or encumber, in whole or in part, all of its rights and obligations hereunder and in the Building, the Land, the Project and other property of Landlord referred to herein.
PARTIES AND SUCCESSORS. Subject to the limitations and conditions set forth elsewhere herein, this Agreement shall bind and inure to the benefit of the respective successors, legal representatives, and permitted assign of the parties hereto.
PARTIES AND SUCCESSORS. Subject to the limitations on assignment provided in this Contract, this Contract shall inure to the benefit of, and be binding upon the parties, their successors andassigns.
PARTIES AND SUCCESSORS. Subject to the limitations and conditions set forth elsewhere herein, this Lease shall bind and inure to the benefit of the respective heirs, legal representatives, successors, and permitted Assigns and/or subleases of the parties hereto. The term "Landlord", as used in this Lease, so far as the 15 performance of any covenants or obligations on the part of Landlord under this Lease are concerned, shall mean only the owner of the Project at the time in question, so that in the event of any transfer of title to the Project, the party by whom any such transfer is made shall be relieved of all liability and obligations of the Landlord arising under this Lease from and after the date of such transfer.
PARTIES AND SUCCESSORS. This Agreement shall be binding upon and inure solely to the benefit of the Company, the Selected Dealer and to the extent provided in Section 10 hereof, to each person indemnified therein, and their respective heirs, executors, administrators, successors and assigns, and no other person shall acquire or have any right under or by virtue of this Agreement. This Agreement may not be assigned by either party without the prior written consent of the other party. No purchaser of any Shares shall be deemed a successor or assign by reason of such purchase.
PARTIES AND SUCCESSORS. 3 15.08 NOTICE............................................................3
PARTIES AND SUCCESSORS. 9 16.8 NOTICE. . . . . . . . . . . . . . . . . . . . . . . 10 16.9
PARTIES AND SUCCESSORS. Subject to the limitations and conditions set forth elsewhere herein, this Lease shall bind and inure to the benefit of the respective heirs, legal representatives, successors, and permitted assigns and/or sublessees of the parties hereto.