Successor Obligations Sample Clauses

Successor Obligations. The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company to expressly assume by written agreement and to agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place.
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Successor Obligations. Notwithstanding any other provision of this Agreement, in the event Tribune sells or otherwise disposes of any Subsidiary of the Company coincident with or within one year after the Effective Time, Tribune shall require as a condition of such sale or disposition that the buyer shall assume all obligations of Tribune under this Section 6.9. In the alternative, Tribune may elect to guarantee the payment of such obligations.
Successor Obligations. This Agreement shall be binding upon and inure to the benefit of Company and any successor of Company, by merger or otherwise.
Successor Obligations. This Agreement will be binding upon and inure to the benefit of the Company and its successors and assigns. This Agreement will be binding upon Employee and will inure to Employee's benefit, but Employee may not assign this Agreement or delegate any of his rights or obligations under this Agreement.
Successor Obligations. This Agreement shall be binding upon and inure to the benefit of the Company and its successors and assigns, and the Company shall require any successor to, assignee, or transferee of, all or substantially all of its business or assets to expressly assume and agree to perform all of the Company’s obligations under this Agreement (such successor, transferee or assignee shall be deemed, for purposes of this Agreement, to be the Company). This Agreement shall be binding upon Executive and shall inure to Executive’s benefit and may be enforceable by the Executive’s legal personal representatives, but Executive may not assign this Agreement without the Company’s prior written consent.
Successor Obligations. This Agreement will be binding upon and inure to the benefit of the Company and its successors and assigns, and the Company will require any successor to, or transferee of, all or substantially all of its business or assets to assume all of the Company's obligations under this Agreement (such successor or assign will be deemed, for purposes of this Agreement, to be the Company). This Agreement will be binding upon Xxxxxxx and will inure to Xxxxxxx'x benefit, but Xxxxxxx may not assign this Agreement without the Company's prior written consent.
Successor Obligations. The Developer agrees that the Corporation may enforce the provisions of this Agreement against the Developer and, subject to the Land Titles Act, against any and all subsequent owners or permitted assigns. The Developer shall deliver to the Corporation an acknowledgement by a purchaser of all or any portion of the Lands that the purchaser has received actual notice of this Agreement and agrees to be bound by all of the terms and conditions hereof, failing which, any such transfer or conveyance shall be void.
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Successor Obligations. Subject to the exclusions, exceptions and limitations expressly set forth in this Agreement, following a Change of Control of any Buyer Party, the acquiring, surviving or successor entity (the "Applicable Buyer Successors") will, and such Buyer Party agrees to cause such entity to agree in writing (whether as part of the acquisition agreement with the Buyer Party that provides for QC to be a third party beneficiary or in a separate agreement) to assume this Agreement and be bound, with respect to itself and its Affiliates, by the restrictions contained herein to the same extent as the applicable Buyer Party.
Successor Obligations. The Bancorp, Bank or their affiliates shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Bancorp or Bank to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Bancorp, Bank or their affiliates would be required to perform it if no such succession had taken place. As used in this Agreement, Northfield, the Bancorp and the Bank shall include any successor to their business and/or assets which assumes and agrees to perform this Agreement by operation of law, or otherwise. Xxxxxxx’x obligations hereunder shall be binding upon his successors, heirs, administrators and executors.
Successor Obligations. Owner covenants and agrees that for such time as it owns any portion of the Annexation Property, it will fully perform the obligations it has assumed, provided, however, that at such time as the title to any portion of the Annexation Property is conveyed to any entity or individual other than Owner, Owner shall be relieved of any and all liability for performance under the terms and conditions of this Agreement, as to such conveyed portion only, except to the extent that such performance shall be required by Owner to enable its transferee, purchaser or assignee to comply with any terms and conditions of this Agreement, and the obligations of Owner, as defined in this Agreement, shall be deemed assumed by the record owner(s) of the Annexation Property. If, at any time in the future, Owner again becomes the record owner of the Annexation Property or any portion thereof, it covenants and agrees to fully perform the obligations of the Owner in accordance with the terms and conditions of this Agreement. Nothing herein shall relieve or limit any obligation or liability of the Owner under any other Agreement with the City, or under any other ordinance or regulation of the City. Owner agrees, for itself, its successors and assigns, that any contract for the sale of all or any portion of the Annexation Property shall contain a provision that advises the purchaser, under such contract, of its obligations to be assumed hereunder upon purchase of all or any portion of the Annexation Property.
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