Common use of Parties in Interest and Assignment Clause in Contracts

Parties in Interest and Assignment. All the terms and provisions of this Agreement shall be binding upon, and inure to the benefit of and be enforceable by the personal representatives, successors and permitted assigns of the Seller and the Buyer, it being understood, however, that such assignment shall in no way relieve the parties to this Agreement of their responsibilities and obligations under this Agreement and no assignment shall be permitted unless consented to by the Seller and the Buyer.

Appears in 2 contracts

Samples: Plan and Agreement of Merger (Citizens Community Bancorp Inc.), Plan and Agreement of Merger (Citizens Community Bancorp Inc.)

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Parties in Interest and Assignment. All the terms and provisions of this Agreement shall be binding upon, upon and inure to the benefit of and be enforceable by the personal representativesrepresentative, successors and permitted assigns of the Seller and the Buyer, it being understood, however, that such assignment shall in no way relieve the parties to this Agreement of their responsibilities and obligations under this Agreement and no assignment shall be permitted unless consented to by the Seller and the BuyerAgreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Minnesota Ase Inc)

Parties in Interest and Assignment. All the terms and provisions of this Agreement shall be binding upon, and inure to the benefit of and be enforceable by by, the personal representatives, successors and permitted assigns of the Seller and the Buyer, it being understood, however, ; that such assignment shall in no way relieve the parties Parties to this Agreement of their responsibilities and obligations under this Agreement Agreement, and no assignment shall be permitted unless consented to by the Seller and the Buyer.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mackinac Financial Corp /Mi/)

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Parties in Interest and Assignment. All the terms and provisions of this Agreement shall be binding upon, upon and inure to the benefit of and be enforceable by the personal representatives, successors and permitted assigns of the Seller and the BuyerXxxx Investors, it being understoodunderstood and agreed, however, that neither party may assign this Agreement without the prior written approval of the other party and that any such assignment shall in no way relieve the parties to this Agreement of their party making such assignment from its responsibilities and obligations under this Agreement and no assignment shall be permitted unless consented to by the Seller and the Buyer.Agreement. 8.2

Appears in 1 contract

Samples: Execution Version Stock Purchase Agreement (FedNat Holding Co)

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