Common use of Parties Obligated and Benefited Clause in Contracts

Parties Obligated and Benefited. Subject to the limitations set forth below, this Agreement will be binding upon the parties and their respective assigns and successors in interest and will inure solely to the benefit of the parties and their respective assigns and successors in interest, and no other Person will be entitled to any of the benefits conferred by this Agreement. Without the prior written consent of the other parties, no party will assign any of its rights under this Agreement or delegate any of its duties under this Agreement; provided that no such consent of Sellers will be required with respect to any assignment by Buyer (a) to an Affiliate of Buyer or for collateral purposes, at any time, or (b) to any Person, after the Closing. No assignment (whether or not the preceding sentence requires the consent of the other party(ies) thereto) will release the assigning party from any liability or obligation under this Agreement.

Parties Obligated and Benefited. Subject to the limitations set forth below, this Agreement will be binding upon the parties and their respective assigns and successors in interest and will inure solely to the benefit of the parties and their respective assigns and successors in interest, and except as expressly provided in this Agreement, no other Person will be entitled to any of the benefits conferred by this Agreement. Without the prior written consent of the other parties, no party will assign any of its rights under this Agreement or delegate any of its duties under this Agreement; provided , except that no such consent of Sellers will be required with respect the Buyer shall have the right to any assignment by Buyer (a) assign its rights and obligations under this Agreement to an any Affiliate without the prior consent of the Sellers, the Cable Venture or Cable Corp., so long as the Buyer or for collateral purposes, at any time, or remains fully liable hereunder as if it was a party hereto and (b) collaterally assign this Agreement to any Person, after sources of financing solely to secure the Closing. No assignment (whether or not Buyer’s obligation in connection with the preceding sentence requires the consent of the other party(ies) thereto) will release the assigning party from any liability or obligation under this AgreementTransactions.