Common use of Parties in Interest and Assignment Clause in Contracts

Parties in Interest and Assignment. This Agreement shall be binding upon and inure solely to the benefit of each party hereto, and nothing in this Agreement, express or implied, is intended to or shall confer upon any other Person any right, benefit or remedy of any nature whatsoever under or by reason of this Agreement; provided, however, that Purchaser may assign all or any of its rights and obligations hereunder to any of its Affiliates, provided that no such assignment shall relieve Purchaser of its obligations hereunder if such assignee does not perform such obligations.

Parties in Interest and Assignment. This Agreement shall be binding upon and inure solely to the benefit of each the parties hereto and their respective successors and no party hereto, and nothing hereto may assign its rights or obligations hereunder without the prior written consent of the other party. Nothing in this Agreement, express or implied, Agreement is intended to or shall be construed to confer upon or to give any person other Person than the parties hereto any right, benefit rights or remedy of any nature whatsoever remedies under or by reason of this Agreement; provided, however, that Purchaser may assign all or any of its rights and obligations hereunder to any of its Affiliates, provided that no such assignment shall relieve Purchaser of its obligations hereunder if such assignee does not perform such obligations.