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 Buyer may, without the consent of any other party, assign or delegate its rights and obligations under this Agreement to any of its Affiliates, and such assignee will be substituted for Buyer under this Agreement as though it were the original party to this Agreement; provided that Buyer shall not be released from its obligations under this Agreement upon any such assignment.
Appears in 1 contract
Samples: Asset Purchase Agreement (Rocky Mountain Internet Inc)
Parties Obligated and Benefited. Subject to the ------------------------------- limitations set forth below, this Agreement will be binding upon on 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 Buyer may, without the consent of any other party, (i) assign or delegate its rights and or obligations under this Agreement to any a commonly controlled entity of its AffiliatesBuyer, and such assignee will be substituted for Buyer under this Agreement as though it were the original party to this Agreement; provided that Agreement and Buyer shall not will be released from its all obligations under this Agreement upon any such assignmentAgreement, and (ii) make a collateral assignment of its rights hereunder to Buyer's or its assignee's secured lenders.
Appears in 1 contract
Samples: Asset Purchase Agreement (Travis Boats & Motors Inc)
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 Buyer may, without the consent of any other party, (i) assign or delegate its rights and or obligations under this Agreement to any of its Affiliatessubsidiary thereof, and such assignee will be substituted for Buyer under this Agreement as though it were the original party to this Agreement; provided that Agreement and Buyer shall not will be released from its all obligations under this Agreement upon any such assignmentAgreement, and (ii) make a collateral assignment of its rights hereunder to Buyer's or its assignee's secured lenders.
Appears in 1 contract
Parties Obligated and Benefited. Subject to the limitations ------------------------------- set forth below, this Agreement will be binding upon on 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 Buyer may, without the consent of any other party, (i) assign or delegate its rights and or obligations under this Agreement to any a commonly controlled entity of its AffiliatesBuyer, and such assignee will be substituted for Buyer under this Agreement as though it were the original party to this Agreement; provided that Agreement and Buyer shall not will be released from its all obligations under this Agreement upon any such assignmentAgreement, and (ii) make a collateral assignment of its rights hereunder to Buyer's or its assignee's secured lenders.
Appears in 1 contract
Samples: Asset Purchase Agreement (Travis Boats & Motors Inc)
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 Buyer may, without with the consent of any other partySeller (which consent will not be unreasonably withheld), assign or delegate its rights and or obligations under this Agreement to any of its Affiliates, and in which case such assignee will be substituted for Buyer under this Agreement as though it were the original party to this Agreement; provided that Agreement and Buyer shall not will be released from its all obligations under this Agreement upon any such assignmentAgreement.
Appears in 1 contract
Samples: Asset Purchase Agreement (Marcum Natural Gas Services Inc/New)