Common use of Successors and Third-Party Beneficiaries Clause in Contracts

Successors and Third-Party Beneficiaries. A person who is not a party to this Agreement shall have no right to enforce its terms, except for Metrichor Ltd. and each member of the Oxford Group, who are express third-party beneficiaries of this Agreement. This Agreement is binding upon each Party’s respective successors and assigns.

Successors and Third-Party Beneficiaries. A person who is not a party to this Agreement shall have no right to enforce its terms, except for Metrichor Ltd. and each member of the Oxford GroupGroup and their respective affiliates, who are express third-party beneficiaries of under this Agreement. This Agreement is binding upon each Partyparty’s respective successors and assigns.