Common use of Third Party Beneficiaries; Successors and Assigns Clause in Contracts

Third Party Beneficiaries; Successors and Assigns. Each of the Shareholders as of the Effective Date of the Merger is an intended beneficiary of this Agreement and shall be entitled to the benefits of this Agreement, subject to compliance with the obligations of this Agreement as applied to Shareholders hereunder. This Agreement shall inure to the benefit of and be binding upon the successors and assigns of each of the parties.

Appears in 2 contracts

Samples: Registration Rights Agreement (Bremer Gary M), Registration Rights Agreement (Infomed Holdings Inc)

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Third Party Beneficiaries; Successors and Assigns. Each of the ------------------------------------------------- Shareholders as of the Effective Date of the Merger Acquisition is an intended beneficiary of this Agreement and shall be entitled to the benefits of this Agreement, subject to compliance with the obligations of this Agreement as applied to Shareholders hereunder. This Agreement shall inure to the benefit of and be binding upon the successors and assigns of each of the parties.

Appears in 1 contract

Samples: Asset Purchase Agreement (Premiere Technologies Inc)

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Third Party Beneficiaries; Successors and Assigns. Each of the ------------------------------------------------- Shareholders as of the Effective Date of the Merger Time is an intended beneficiary of this Agreement and shall be entitled to the benefits of this Agreement, subject to compliance with the obligations of this Agreement as applied to Shareholders hereunder. This Agreement shall inure to the benefit of and be binding upon the successors and assigns of each of the parties, so long as any such successor or assignee agrees to be bound by the terms of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mohawk Industries Inc)

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