Common use of Parties in Interest; Assignment Clause in Contracts

Parties in Interest; Assignment. Except as otherwise provided herein, all covenants and agreements contained in this Agreement by or on behalf of any of the parties to this Agreement shall bind and inure to the benefit of their respective heirs, executors, successors, and assigns, whether so expressed or not. Nothing in this Agreement, express or implied, is intended to confer upon any party other than the parties hereto and their respective successors and assigns any rights, remedies, obligations or liabilities under or by reason of this Agreement. This Agreement is not assignable and any purported assignment shall be null and void.

Appears in 6 contracts

Samples: Series B Convertible Preferred Stock Purchase Agreement (High Speed Access Corp), Series B Convertible Preferred Stock Purchase Agreement (Primis Inc), Series B Convertible Preferred Stock Purchase Agreement (High Speed Access Corp)

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Parties in Interest; Assignment. Except as otherwise provided herein, all covenants and agreements contained in this Agreement by or on behalf of any of the parties either party to this Agreement shall bind and inure to the benefit of their respective heirs, executors, successors, and assigns, whether so expressed or not. Nothing in this Agreement, express or implied, is intended to confer upon any party other than the parties hereto and their respective successors and assigns any rights, remedies, obligations or liabilities under or by reason of this Agreement. This Agreement is not assignable (whether by merger, operation of law or otherwise) and any purported assignment shall be null and void.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Primis Inc), Stock Purchase Agreement (Primis Inc)

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