Common use of Successors; Assignability Clause in Contracts

Successors; Assignability. The provisions of this entire Agreement shall be binding upon the respective successors and assigns and successive assigns of each of the parties hereto. Neither party may assign this Agreement to a third party without the prior consent of the other party, which consent may not be unreasonably withheld, delayed, or conditioned; provided, however, that without the consent of the other party, either party may assign its rights and obligations under this Agreement to its parent entity, subsidiary, or affiliate.

Appears in 2 contracts

Samples: Storage and Throughput Agreement, Terminal Storage and Throughput Agreement (Valero L P)

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Successors; Assignability. The provisions of this entire This Agreement shall be binding upon and inure to the benefit of the Parties hereto and their respective successors and assigns and successive assigns of each of the parties hereto. Neither party may assign this Agreement to a third party without the prior consent of the other party, which consent may not be unreasonably withheld, delayed, or conditionedpermitted assigns; provided, however, that no Party hereto may assign its respective rights or delegate its respective obligations under this Agreement without the express prior written consent of the other party, either party may assign its rights and obligations under this Agreement to its parent entity, subsidiary, or affiliateParty hereto.

Appears in 1 contract

Samples: Trademark License Agreement (FirstCaribbean International Bank LTD)

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Successors; Assignability. The provisions of this entire This Agreement shall inure to the benefit of, and shall be binding upon upon, the Parties hereto and their respective successors successors, assigns, heirs and assigns and successive assigns of each of the parties heretolegal representatives. Neither party may assign this This Agreement to a third party shall not be assignable by either Party without the prior written consent of the other party, which consent may not be unreasonably withheld, delayed, or conditioned; provided, however, that without the consent of the other party, either party may assign its rights and obligations under this Agreement to its parent entity, subsidiary, or affiliateParty hereto.

Appears in 1 contract

Samples: Consulting Agreement (Metallurg Inc)

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