Common use of Persons Benefitting Clause in Contracts

Persons Benefitting. This Agreement shall be binding upon and inure to the benefit of the Purchaser and the Company, and their respective successors, assigns, beneficiaries, executors and administrators. Nothing in this Agreement is intended or shall be construed to confer upon any Person, other than the Company and the Purchaser (and such successors, assigns, beneficiaries, executors and administrators), any right, remedy or claim under or by reason of this Agreement or any part hereof. This Agreement may not be assigned without the written consent of the parties hereto, and any purported assignment made in violation of this provision shall be null and void. The provisions of the previous sentence notwithstanding, the Purchaser may assign its rights and obligations under this letter agreement to any of its wholly owned subsidiaries without the consent of the Company.

Persons Benefitting. This Agreement shall be binding upon and inure to the benefit of the Purchaser and the Company, and their respective successors, assigns, beneficiaries, executors and administrators. Nothing in this Agreement is intended or shall be construed to confer upon any Person, other than the Company and the Purchaser (and such successors, assigns, beneficiaries, executors and administrators), any right, remedy or claim under or by reason of this Agreement or any part hereof. This Agreement may not be assigned without the written consent of the parties hereto, and any purported assignment made in violation of this provision shall be null and void. The provisions of the previous sentence notwithstanding, the Purchaser may assign its rights and obligations under this letter agreement Agreement to any of its wholly owned subsidiaries Subsidiaries without the consent of the Companyany other party to this Agreement.