Common use of Successors; Transferability Clause in Contracts

Successors; Transferability. The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place.

Appears in 8 contracts

Samples: Employment Agreement (Ims Health Inc), Employment Agreement (Ims Health Inc), Employment Agreement (Ims Health Inc)

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Successors; Transferability. The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. Neither this Agreement nor the rights or obligations hereunder of the parties hereto shall be transferable or assignable by you except as specified above under “Death Benefit,” or by the Company except to a successor as defined above.

Appears in 1 contract

Samples: Memorandum Agreement (Northeast Utilities)

Successors; Transferability. The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation consolidation, or otherwise, and whether or not the corporate existence of the Company continues) to all or substantially all of the business and/or assets of the Company to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place.to

Appears in 1 contract

Samples: Executive Employment Agreement (Kite Realty Group Trust)

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Successors; Transferability. The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. Neither this Agreement nor the rights or obligations hereunder of the parties hereto shall be transferable or assignable by Executive except as specified above under “Death Benefit,” or by the Company except to a successor as defined above.

Appears in 1 contract

Samples: Restatement of Agreement (Public Service Co of New Hampshire)

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