Effectiveness and Binding Effect Sample Clauses

Effectiveness and Binding Effect. Each amendment, supplement or waiver pursuant to this Article 8 will become effective in accordance with its terms and, when it becomes effective with respect to any Note (or any portion thereof), will thereafter bind every Holder of such Note (or such portion).
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Effectiveness and Binding Effect. This Agreement shall be binding upon and inure to the benefit of the Company, the Operating Partnership and all Unitholders who sign and deliver counterparts of this Agreement. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefits of all parties and their successors, assigns, heirs, executors, administrators and legal representatives.
Sample 1
Effectiveness and Binding Effect. This Consent shall be effective upon consummation of the Reorgnization. This Consent shall be binding upon and inure to the benefit of the parties and their respective successors and permitted assigns.
Sample 1

Related to Effectiveness and Binding Effect

  • Authorization; Binding Effect (a) Seller has all requisite corporate power and authority to sell the Purchased Assets and enter into and deliver this Agreement, the Xxxx of Sale and any related agreements to which it will be a party and to perform its obligations hereunder and thereunder. The execution and delivery by Seller of this Agreement, the Xxxx of Sale and any related agreements to which it will be a party and its consummation of the transactions contemplated hereby and thereby have been duly authorized by all necessary corporate action of Seller.

  • Assignment and Binding Effect This Agreement shall be binding upon and inure to the benefit of the Executive and the Executive’s heirs, executors, personal representatives, assigns, administrators and legal representatives. Because of the unique and personal nature of the Executive’s duties under this Agreement, neither this Agreement nor any rights or obligations under this Agreement shall be assignable by the Executive. This Agreement shall be binding upon and inure to the benefit of the Company and its successors, assigns and legal representatives.

  • Benefit and Binding Effect This Agreement will benefit and bind the Parties and their heirs, executors, administrators, successors and permitted assigns and all persons claiming through them as if they had been a Party to this Agreement.

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