Successor; Assignment. This Agreement is confidential and personal and neither of the parties hereto shall, without the consent of the other, assign or transfer this Agreement or any rights or obligations hereunder. Without limiting the foregoing, the Executive's right to receive payments hereunder shall not be assignable or transferable whether by pledge, creation of a security interest or otherwise, other than a transfer by the Executive's will or by the laws of descent and distribution. In the event of any attempted assignment or transfer contrary to this Section 12(d), the Company shall have no liability to pay the assignee or transferee any amount so attempted to be assigned or transferred. The Company shall cause this Agreement to be assumed by any entity that succeeds to all or substantially all of the Company's business or assets and this Agreement shall be binding upon any successor to all or substantially all of the Company's business or assets; provided, however, that no such assumption shall release the Company of its obligations hereunder, to the extent not satisfied by such successor, without the Executive's prior written consent.
Successor; Assignment. This Agreement will be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors and assigns. This Agreement is personal between the parties and except as expressly contemplated herein, neither may assign rights nor attempt to delegate duties hereunder without the prior written consent of the other.
Successor; Assignment. The Agreement is confidential and personal and neither of the parties hereto shall, without the consent of the other, assign or transfer this Agreement or any rights or obligations hereunder. Without limiting the foregoing, the Executive's right to receive payments hereunder shall not be assignable or transferable whether by pledge, creation of a security interest or otherwise, other than a transfer by your will or by the laws of descent distribution. In the event of any attempted assignment or transfer contrary to this paragraph, the Company shall have no liability to pay the assignee or transferee any amount so attempted to be assigned or transferred. The Agreement shall be binding upon any successor of the Company, its assets, or its business, subsidiaries, affiliates (whether direct or indirect, by purchase, merger, consolidation or otherwise). In the event that any successor fails to agree in writing to assume this Agreement prior to the effective date of such event, then all entitlements in this Agreement cash or otherwise shall be immediately payable in full by the Company at such time of event notwithstanding any other provisions in this Agreement to the contrary.
Successor; Assignment. Neither of the Parties shall, without the consent of the other, assign or transfer this Agreement or any rights or obligations hereunder. Without limiting the foregoing, the Executive’s right to receive payments hereunder shall not be assignable or transferable whether by pledge, creation of a security interest or otherwise, other than a transfer by the Executive’s will or by the laws of descent and distribution. In the event of any attempted assignment or transfer contrary to this Section 5.5, the Company shall have no liability to pay the assignee or transferee any amount so attempted to be assigned or transferred. The Company shall cause this Agreement to be assumed by any entity that succeeds to all or substantially all of the Company’s business or assets and this Agreement shall be binding upon any successor to all or substantially all of the Company’s business or assets, provided that no such assumption shall release the Company of its obligations hereunder, to the extent not satisfied by such successor, without the Executive’s prior consent.
Successor; Assignment. This Agreement shall be binding upon and inure to the benefit of any Successor or assign of HTI, and the failure of any Successor or assign to assume HTI’s obligations under this Agreement shall be deemed a material breach by HTI of this Agreement. No right or obligation of Executive hereunder may be assigned by Executive to any other person or entity.
Successor; Assignment. These terms and conditions shall be binding upon and unure to the benefit of Xxxxx and Seller and their Respective Successors and permitted assigns. Except as set forth within these terms, neither party may sell, assign, transfe r, convey or delegate any of tis rights or obligations under this Order without the prior written consent of the other.
Successor; Assignment. This Agreement will be binding upon and the obligations and benefits hereof will accrue to the parties hereto, their heirs, personal representatives, successors, and assigns. This Agreement is fully assignable by Optionee without Owner's consent to an entity wholly owned or controlled by Optionee or to a third party only upon written consent of Owner, which consent will not be unreasonably withheld. This Agreement is not assignable by Owner without Optionee's consent. If the Agreement is assigned by Optionee with Owner's consent, Optionee will nevertheless remain fully liable for performance of the Agreement.
Successor; Assignment. Except as otherwise provided herein, this Agreement shall be binding upon and shall inure to the benefit of the successors to, and permitted assigns of, the parties hereto; provided, however, that this Agreement shall not be binding upon or inure to the benefit of any successor to the Company in a merger in which the Company is not the surviving corporation. This Agreement shall not be assignable by any of the parties hereto without prior written consent of the other parties.
Successor; Assignment. 45 11.4 Notices and Legal Process..........................45 11.5 Counterparts.......................................46 11.6 Captions...........................................46 11.7 Parties in Interest................................46 11.8
Successor; Assignment. This Agreement and all of the provisions hereof shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted transferees and assignees. Neither this Agreement nor any interest herein may directly or indirectly be transferred or assigned by any party, in whole or in part, without the written consent of the other parties, except that Purchaser may effect any such assignment to any of its affiliates, but any such assignment shall not relieve Purchaser of its duties and obligations under this Agreement.
