Successors; Third Party Beneficiaries; No Assignment or Transfer of Rights Sample Clauses
Successors; Third Party Beneficiaries; No Assignment or Transfer of Rights. This Agreement shall inure to the benefit of and be binding upon the successors of the parties hereto. No person other than the parties hereto and their successors is intended to be a beneficiary of this Agreement. If either Weichert or DL Holdings shall sell or otherwise transfer all or a portion of their shares of Series D Preferred Stock to any Person other than (i) as part of a sale or transfer of the entire business of Weichert or DL Holdings, as the case may be, or (ii) a sale or transfer to an entity with respect to which Weichert or DL Holdings holds all Voting Power, then this Agreement shall automatically terminate with respect to the party (Weichert or DL Holdings) making such transfer, and such party shall have no further rights hereunder and its transferee shall have no rights hereunder and shall not be deemed to be a third party beneficiary hereof.
