Common use of Parties in Interest and Assignment Clause in Contracts

Parties in Interest and Assignment. (a) This Agreement is binding upon and is for the benefit of the parties hereto and their respective successors and permitted assigns. Except as expressly provided herein, nothing in this Agreement, express or implied, is intended to confer on any person other than the parties hereto or their respective successors and assigns any rights, remedies or obligations or liabilities under or by reason of this Agreement. (b) Neither this Agreement nor any of the rights or duties of any party hereto may be transferred or assigned to any person except by a written agreement executed by all of the parties hereto.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Tesco Corp), Asset Purchase Agreement (Tesco Corp)

AutoNDA by SimpleDocs

Parties in Interest and Assignment. (a) This Agreement is binding upon and is for the benefit of the parties hereto and their respective successors and permitted assigns. Except as expressly provided herein, nothing in this Agreement, express or implied, is intended to confer on any person other than the parties hereto or their respective successors and assigns any rights, remedies or obligations or liabilities under or by reason of this Agreement. (b) Neither Except as provided in Section 16.2(c) hereof, neither this Agreement nor any of the rights or duties of any party hereto may be transferred or assigned to any person except by a written agreement executed by all of the parties hereto. (c) Notwithstanding the above, BUYER may transfer and assign all or any portion of its rights under this Agreement for purposes of or in connection with the IPO.

Appears in 1 contract

Samples: Asset Purchase Agreement (Inergy L P)

AutoNDA by SimpleDocs

Parties in Interest and Assignment. (a) This Agreement is binding upon and is for the benefit of the parties hereto and their respective successors and permitted assigns. Except as expressly provided herein, nothing in this Agreement, express or implied, is intended to confer on any person other than the parties hereto hereto, or their respective successors and assigns assigns, any rights, remedies or obligations or liabilities under or by reason of this Agreement. (b) Neither this Agreement nor any of the rights or duties of any party hereto may be transferred or assigned to any person Person except by a written agreement executed by all of the parties heretoBuyer and Seller.

Appears in 1 contract

Samples: Acquisition Agreement (Aquila Gas Pipeline Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!