Common use of SUCCESSORS AND PARTIES IN INTEREST Clause in Contracts

SUCCESSORS AND PARTIES IN INTEREST. (a) This Agreement shall be binding upon and shall inure to the benefit of the Company and its successors and assigns, including, without limitation, any corporation which acquires, directly or indirectly, by purchase, merger, consolidation or otherwise, all or substantially all of the business or assets of the Company. Without limitation of the foregoing, the Company shall require any such successor, expressly assume and agree to perform this Agreement in the same manner and to the same extent that it is required to be performed by the Company.

Appears in 4 contracts

Samples: Change in Control Agreement (Fulton Financial Corp), Severance Agreement (Fulton Financial Corp), Severance Agreement (Fulton Financial Corp)

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SUCCESSORS AND PARTIES IN INTEREST. (a) This Agreement shall be binding upon and shall inure to the benefit of the Company and its successors and assigns, including, without limitation, any corporation which acquires, directly or indirectly, by purchase, merger, consolidation or otherwise, all or substantially all of the business or assets of the Company. Without limitation of the foregoing, the Company shall require any such successor, by agreement in form and substance satisfactory to Executive, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that it is required to be performed by the Company.

Appears in 1 contract

Samples: Severance Agreement (Fulton Financial Corp)

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