Successors, Assigns and Affiliates Clause Samples
The "Successors, Assigns and Affiliates" clause establishes that the rights and obligations under the agreement extend beyond the original parties to include their successors, permitted assigns, and sometimes affiliated entities. In practice, this means that if a party undergoes a merger, acquisition, or transfers its interests to another entity, the new entity or affiliate will be bound by or benefit from the contract as if they were the original party. This clause ensures continuity and enforceability of the agreement even if the parties' corporate structures change, thereby preventing parties from escaping contractual obligations through restructuring or assignment.
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Successors, Assigns and Affiliates. This Agreement shall be binding upon, and shall inure to the benefit of, the Parties and their respective successors, assigns and affiliates. This Agreement is a contract for the personal services of the Manager, and the Manager may not assign this Agreement without FNF’s prior written approval, which may be withheld in the sole discretion of FNF.
Successors, Assigns and Affiliates. This Agreement shall be binding upon, and shall inure to the benefit of, the Parties hereto and their respective successors, assigns and affiliates. This Agreement may not be assigned by any Party without the prior consent of the other Parties.
Successors, Assigns and Affiliates. This Agreement shall be binding upon the respective successors, assigns and affiliates of the parties and each party shall be jointly and severally liable for any breach of this Agreement by its affiliates.
Successors, Assigns and Affiliates. Consultant may not assign this Agreement or any rights obtained hereunder or delegate or subcontract any duty of performance owed hereunder without the prior written approval of the Company. Notwithstanding the foregoing, the Company may assign this Agreement or its rights and duties hereunder, without Consultant’s approval, to one or more affiliates or subsidiaries of the Company, or in connection with a merger, consolidation, reorganization or the sale of substantially all of its assets (or of any permitted assignee, as applicable). Any assignment made in contravention of this Section 14 shall be null and void for all purposes.
Successors, Assigns and Affiliates. All of the terms and conditions of this Agreement shall be binding upon, and shall inure to the benefit of the parties, and each of their heirs, beneficiaries, successors, assigns, subsidiaries and affiliated corporations.
Successors, Assigns and Affiliates. The terms and conditions of this Modification Agreement shall apply to successors and assigns of the parties. The provisions of this Modification Agreement, including but not limited to the 4.9% beneficial ownership conversion limitation in Sections 4 and 7 shall apply to affiliates of the Purchasers, including but not limited to, Dominion Capital, Ltd., Southshore Capital Fund, Southridge Capital Management, LLC and Sovereign Partners, LLC.
Successors, Assigns and Affiliates. The terms and conditions of this Agreement shall apply to successors and assigns of all parties.
Successors, Assigns and Affiliates. All Franchisor’s rights and powers, and all Franchisee’s obligations, under this Agreement shall be binding on Franchisee’s successors, assigns, and affiliated persons or entities as if they had duly executed this Agreement.
Successors, Assigns and Affiliates. The benefits and obligations of this Agreement will run to the successors, affiliates and assigns of ABC. Employee Initials
Successors, Assigns and Affiliates. The terms and conditions of this Agreement shall apply to successors and assigns of the Purchaser.