Common use of Successors and Assigns of the Company Clause in Contracts

Successors and Assigns of the Company. The Company shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all the business or assets of the Company and its subsidiaries taken as a whole, expressly and unconditionally to assume and agree to perform or cause to be performed the Company’s obligations under this Agreement. In any such event, the term “the Company,” as used herein shall mean the Company, as defined in Section 2 hereof, and any such successor or assignee. The Executive acknowledges and agrees that this Agreement shall be fully enforceable by the Company's successor or assignee.

Appears in 2 contracts

Samples: Executive Transition Agreement (International Game Technology), Executive Transition Agreement (International Game Technology)

AutoNDA by SimpleDocs

Successors and Assigns of the Company. The Company shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all the business or assets of the Company and its subsidiaries taken as a whole, expressly and unconditionally to assume and agree to perform or cause to be performed the Company’s 's obligations under this Agreement. In any such event, the term “the Company,” as used herein shall mean the Company, as defined in Section 2 hereofabove, and any such successor or assignee. The Executive acknowledges and agrees that this Agreement shall be fully enforceable by the Company's successor or assignee.

Appears in 2 contracts

Samples: Employment Agreement (Mistras Group, Inc.), Employment Agreement (Mistras Group, Inc.)

Successors and Assigns of the Company. The Company shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all the business or assets of the Company and its subsidiaries taken as a whole, expressly and unconditionally to assume and agree to perform or cause to be performed the Company’s obligations under this Agreement. In any such event, the term “the Company,” as used herein shall mean the Company, as defined in Section 2 hereofabove, and any such successor or assignee. The Executive acknowledges and agrees that this Agreement shall be fully enforceable by the Company's successor or assignee.

Appears in 2 contracts

Samples: Employment Agreement (Idearc Inc.), Employment Agreement (Mistras Group, Inc.)

Successors and Assigns of the Company. The Company shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all the business or assets of the Company and its subsidiaries taken as a whole, expressly and unconditionally to assume and agree to perform or cause to be performed the Company’s 's obligations under this Agreement. In any such event, the term "the Company," as used herein shall mean the Company, as defined in Section 2 1 hereof, and any such successor or assignee. The Executive acknowledges and agrees that this Agreement shall be fully enforceable by the Company's successor or assignee.

Appears in 1 contract

Samples: Transition and Termination Agreement (International Game Technology)

AutoNDA by SimpleDocs

Successors and Assigns of the Company. The Company shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all the business or assets of the Company and its subsidiaries taken as a whole, expressly and unconditionally to assume and agree to perform or cause to be performed the Company’s 's obligations under this Agreement. Agreement In any such event, the term "the Company," as used herein shall mean mean. the Company, as defined in Section 2 hereof, and any such successor or assignee. The Executive acknowledges and agrees that this Agreement shall be fully enforceable by the Company's successor or assignee.

Appears in 1 contract

Samples: Executive Transition Agreement (International Game Technology)

Successors and Assigns of the Company. The Company shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially all the business or assets of the Company and its subsidiaries taken as a whole, expressly and unconditionally to assume and agree to perform or cause to be performed the Company’s 's obligations under this Agreement. Agreement In any such event, the term "the Company," as used herein shall mean the Company, as defined in Section 2 hereof, and any such successor or assignee. The Executive acknowledges and agrees that this Agreement shall be fully enforceable by the Company's successor or assignee.

Appears in 1 contract

Samples: Executive Transition Agreement (International Game Technology)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!