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Successors in Title and Assigns Sample Clauses

Successors in Title and Assigns. Bound -------------------------------------------------- This Agreement shall be binding upon the respective successors in title and assigns of the Vendor and the Purchaser.
Successors in Title and Assigns. 17.1 The rights of the Buyer hereunder (“Buyer Rights”) may be assigned between the Buyer and any Affiliate thereof (provided as a result it shall not increase any liability of any other Party hereunder) but such Affiliate may only enjoy and enforce the rights assigned for so long as it remains an Affiliate. Any party to which rights have been assigned pursuant to this clause 17.1 (including a party that has ceased to be an Affiliate of the Buyer) may assign those rights to the Buyer or any Affiliate thereof (provided as a result it shall not increase any liability of any other Party hereunder). 17.2 The Buyer shall be entitled to assign by way of security the benefit of the Buyer Rights in favour of: (A) any financial institution(s) (including the Financing Sources) which has or has agreed to advance credit facilities (including the Bridge Facility Agreement) to the Buyer to assist in the acquisition contemplated by this Agreement; and/or (B) any financial institution to which any of the financial institutions referred to in clause 17.2(A) above may have assigned or novated any of their participation in such credit facilities; and/or (C) any party refinancing the credit facilities referred to in clause 17.2(A) above PROVIDED THAT as a result the liability of none of the other Parties is increased. 17.3 If there is an assignment of Buyer Rights pursuant to this clause: (A) if it is to an assignee that is not incorporated in England, it shall be ineffective unless a process agent is appointed for the assignee and notified to the other Parties as provided in clause 22 (unless it is an assignment pursuant to clause 17.2(A), in which case this clause 17.3(A) shall not apply); (B) the other Parties may discharge their obligations under this Agreement and Transaction Documents to the assignor until those other Parties receive written notice of the assignment; (C) the Buyer shall remain liable for any obligations of the Buyer under this Agreement; and (D) the liabilities of the other Parties under this Agreement and the other Transaction Documents shall be no greater than such liabilities would have been had the assignment not occurred. 17.4 Subject as provided above in this clause, no party to this Agreement or other Transaction Document may assign all or any of its rights or obligations under this Agreement or any other Transaction Document without the consent of all of the other parties to this Agreement or Transaction Document concerned. 17.5 This Agreement s...
Successors in Title and Assigns. 11.1 Each party ("non-assignor") acknowledges that the other party ( "assignor") shall be entitled, by notice in writing to the non-assignor, to assign any or all of its rights and obligations under this Agreement to another entity: a) which is a subsidiary or affiliate of such party; or b) which acquires all or substantially all of the assignor's assets or shares, for which assignments, non-assignor hereby provides its irrevocable consent. Any other assignment of assignor's rights and obligations under this Agreement shall be conducted only with the consent of the non- assignor, such consent not to be unreasonably withheld or delayed. For the avoidance of doubt, any assignment of obligations under this Clause shall be without prejudice to the continuation of the assignor's obligations subsisting prior to the effective date of such assignment. 11.2 The parties to this Agreement do not intend that any terms of this Agreement should be enforceable by any person or entity who or which is not a party to this Agreement. 11.3 This Agreement shall be binding upon the successors and assigns of the parties and the name of a party appearing herein shall be deemed to include the names of its successors and assigns provided always that nothing shall permit any assignment by either party except as expressly provided.
Successors in Title and Assigns. This Agreement shall be binding upon the parties hereto their successors in title and permitted assigns respectively. Notwithstanding anything to the contrary contained in this Agreement, Shubila shall be entitled, by written notice served on IWC, to assign all its rights title and interest in to and under this Agreement provided always such assignment shall not in any way affect or discharge the obligations and liabilities of Shubila hereunder including but not limited to the obligations to settle the Purchase Price.
Successors in Title and AssignsThis Agreement shall be binding upon the parties hereto and their personal representatives, estate, successors in title and permitted lawful assigns respectively.
Successors in Title and AssignsThis Agreement shall be binding upon the respective successors in title and permitted assigns of the parties hereto.

Related to Successors in Title and Assigns

  • Successors and Assignees This Agreement binds and benefits the heirs, successors, and assignees of the parties.

  • Successors and Assignments 5.5.1 With the written consent of the Owner, the Professional may assign a portion of his financial interest to a recognized financial institution for underwriting operations covered by this Agreement. The Owner and the Professional each binds himself, his Partners, Successors, Assigns, and legal Representatives or such other party in respect to all covenants of this Agreement. Neither the Owner, nor the Professional, shall assign, sublet, or transfer interest in this Agreement without the written consent of the Owner.

  • Transfer; Successors and Assigns The terms and conditions of this Agreement shall inure to the benefit of and be binding upon the respective successors and assigns of the parties. Nothing in this Agreement, express or implied, is intended to confer upon any party other than the parties hereto or their respective successors and assigns any rights, remedies, obligations, or liabilities under or by reason of this Agreement, except as expressly provided in this Agreement.

  • Successors and Assignment This Agreement shall (a) be binding upon and inure to the benefit of all successors and assigns of the Company (including any transferee of all or a substantial portion of the business, stock and/or assets of the Company and any direct or indirect successor by merger or consolidation or otherwise by operation of law), and (b) be binding on and shall inure to the benefit of the heirs, personal representatives, executors and administrators of the Independent Director. The Independent Director has no power to assign this Agreement or any rights and obligations hereunder.

  • Successors and Assigns; Assignment Except as otherwise provided in this Agreement, this Agreement, and the rights and obligations of the parties hereunder, will be binding upon and inure to the benefit of their respective successors, assigns, heirs, executors, administrators and legal representatives. The Company may assign any of its rights and obligations under this Agreement. No other party to this Agreement may assign, whether voluntarily or by operation of law, any of its rights and obligations under this Agreement, except with the prior written consent of the Company.

  • SUCCESSORS IN TITLE This Contract shall be binding upon the successors-in-title and permitted assigns of the respective parties hereto.

  • Successors and Assigns; Third Parties This Agreement is intended to bind and inure to the benefit of the Parties and their respective successors and permitted assigns, as applicable. There are no third party beneficiaries under this Agreement, and the rights or obligations of any Party under this Agreement may not be assigned, delegated, or transferred to any other person or entity.

  • Assignment; Successors and Assigns Neither of the parties hereto may assign its rights or interest under this Indenture, except as provided in Section 9.8 in the case of the Warrant Agent, or as provided in Section 8.2 in the case of the Corporation. Subject thereto, this Indenture shall enure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns.

  • Successors and Assigns; Participations and Assignments (a) The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns permitted hereby (including any affiliate of the Issuing Lender that issues any Letter of Credit), except that (i) the Borrower may not assign or otherwise transfer any of its rights or obligations hereunder without the prior written consent of each Lender (and any attempted assignment or transfer by the Borrower without such consent shall be null and void) and (ii) no Lender may assign or otherwise transfer its rights or obligations hereunder except in accordance with this Section. (i) Subject to the conditions set forth in paragraph (b)(ii) below, any Lender may assign to one or more assignees (each, an “Assignee”) all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitments and the Loans at the time owing to it) with the prior written consent of: (A) the Borrower (such consent not to be unreasonably withheld or delayed), provided that no consent of the Borrower shall be required for an assignment to a Lender, an affiliate of a Lender, an Approved Fund (as defined below) or, if an Event of Default under Section 8(a) or (f) has occurred and is continuing, any other Person; and provided, further, that the Borrower shall be deemed to have consented to any such assignment unless the Borrower shall object thereto by written notice to the Administrative Agent within ten Business Days after having received written notice thereof; and (B) the Administrative Agent, provided that no consent of the Administrative Agent shall be required for an assignment of all or any portion of a Term Loan to a Lender, an affiliate of a Lender or an Approved Fund. (C) the Issuing Lender, provided that no consent of the Issuing Lender shall be required for an assignment of all or any portion of a Term Loan or Term Commitment. (ii) Assignments shall be subject to the following additional conditions: (A) except in the case of an assignment to a Lender, an affiliate of a Lender or an Approved Fund or an assignment of the entire remaining amount of the assigning Lender’s Commitments or Loans under any Facility, the amount of the Commitments or Loans of the assigning Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than, in the case of the Revolving Facility, $5,000,000 or, in the case of the Term Facility, $1,000,000 unless each of the Borrower and the Administrative Agent otherwise consent, provided that (1) no such consent of the Borrower shall be required if an Event of Default under Section 8(a) or (f) has occurred and is continuing and (2) such amounts shall be aggregated in respect of each Lender and its affiliates or Approved Funds, if any; (B) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500; and (C) the Assignee, if it shall not be a Lender, shall deliver to the Administrative Agent an administrative questionnaire.

  • Assignment; Successors and Assigns, etc Neither the Employer nor the Executive may make any assignment of this Agreement or any interest herein, by operation of law or otherwise, without the prior written consent of the other party; provided that the Employer may assign its rights under this Agreement without the consent of the Executive in the event that the Employer shall effect a reorganization, consolidate with or merge into any other corporation, partnership, organization or other entity, or transfer all or substantially all of its properties or assets to any other corporation, partnership, organization or other entity. This Agreement shall inure to the benefit of and be binding upon the Employer and the Executive, their respective successors, executors, administrators, heirs and permitted assigns.