Parties Obligated and Benefited Sample Clauses

Parties Obligated and Benefited. This Agreement shall be binding upon the Parties and their respective successors by operation of law and shall inure solely to the benefit of the Parties and their respective successors by operation of law, and no other Person shall be entitled to any of the benefits conferred by this Agreement. Without the prior written consent of the other Party, no Party may assign this Agreement or the Collateral Documents or any of its rights or interests or delegate any of its duties under this Agreement or the Collateral Documents.
AutoNDA by SimpleDocs
Parties Obligated and Benefited. 70 12.2 Notices.....................................................71 12.3
Parties Obligated and Benefited. Subject to the limitations set forth below, this Agreement will be binding upon the parties hereto and their respective assignees and successors in interest and will inure solely to the benefit of such parties and their respective assigns and successors in interest, and no other person will be entitled to any of the benefits conferred by this Agreement.
Parties Obligated and Benefited. Subject to the limitations set forth below, this Agreement will be binding upon the parties and their respective assigns and successors in interest and will inure solely to the benefit of the parties and their respective assigns and successors in interest, and no other Person will be entitled to any of the benefits conferred by this Agreement. Without the prior written consent of the other Party, no Party will assign any of its rights under this Agreement or delegate any of its duties under this Agreement, provided that a Party may, without the consent of any other Party, assign or delegate its rights or obligations under this Agreement to any of its Affiliates, and such assignee will be substituted for such Party under this Agreement as though it were the original Party to this Agreement.
Parties Obligated and Benefited. Subject to the limitations set forth below, this Agreement will be binding upon the parties and their respective assigns and successors in interest and will inure solely to the benefit of the parties and their respective assigns and successors in interest, and no other Person will be entitled to any of the benefits conferred by this Agreement. Without the prior written consent of the Buyer, Seller will not assign any of its rights under this Agreement or delegate any of its duties under this Agreement.
Parties Obligated and Benefited. Subject to the limitations set forth below, this Agreement will be binding upon the parties and their respective assigns and successors in interest and will inure solely to the benefit of the parties and their respective assigns and successors in interest, and no other Person will be entitled to any of the benefits conferred by this Agreement. Without the prior written consent of the other parties, no party will assign any of its rights under this Agreement or delegate any of its duties under this Agreement; provided that no such consent of Sellers will be required with respect to any assignment by Buyer (a) to an Affiliate of Buyer or for collateral purposes, at any time, or (b) to any Person, after the Closing. No assignment (whether or not the preceding sentence requires the consent of the other party(ies) thereto) will release the assigning party from any liability or obligation under this Agreement.
Parties Obligated and Benefited. Subject to the limitations set ------------------------------- forth below, this Agreement will be binding upon the parties and their respective assigns and successors in interest and will inure solely to the benefit of the parties and their respective assigns and successors in interest, and no other Person will be entitled to any of the benefits conferred by this Agreement. Without the prior written consent of the other party, neither party may assign any of its rights under this Agreement or delegate any of its duties under this Agreement, except as described in the following sentence. Seller agrees (a) that Buyer will have the right to assign its rights and obligations under this Agreement to any Affiliate of Buyer, provided, however, that any assignment by Buyer to any Affiliate of Buyer must be made within five months after the date of this Agreement and if made after filing of the Forms 394 with the relevant Governmental Authorities, Buyer will be responsible for all costs and expenses associated with filing any additional Forms 394 required to be filed as a result of any such assignment by Buyer to an Affiliate of Buyer, and (b) that either Buyer or any Affiliate of Buyer to which Buyer has assigned its rights and obligations under this Agreement as provided in the preceding clause (a) of this SECTION 12.1 may further assign its right to purchase the Assets under this Agreement to Norwest Bank Colorado, National Association, acting as a Qualified Intermediary (as such term is used in Treas. Reg. Section 1.1031(k)-1(g)(4)), and that this Agreement constitutes notice to Seller of such assignment, which assignment Buyer will make effective immediately prior to Closing (provided no assignment by Buyer under this SECTION 12.1 will relieve Buyer of any obligations under this Agreement).
AutoNDA by SimpleDocs
Parties Obligated and Benefited. 39 ------------------------------- 12.2 Notices............................................. 39 ------- 12.3 Attorneys' Fees..................................... 40 --------------- 12.4 Waiver.............................................. 40 ------ 12.5 Captions............................................ 40 -------- 12.6 Choice of Law....................................... 40 ------------- 12.7 Terms............................................... 41 ----- 12.8 Rights Cumulative................................... 41 ----------------- 12.9
Parties Obligated and Benefited. Subject to the limitations set forth below, this Agreement will be binding upon the parties and their respective permitted assigns and successors in interest and will inure solely to the benefit of the parties and their respective permitted assigns and successors in interest, and no other Person will be entitled to any of the benefits conferred by this Agreement. Without the prior written consent of the other party, no party will assign any of its rights under this Agreement or delegate any of its duties under this Agreement; provided, however, that (i) Seller may assign its rights under this Agreement (but not obligations) to a qualified intermediary within the meaning of Code Section 1.1031(k)-1(g)(4)(iii) ("Qualified Intermediary") and (ii) either party may assign its rights to an Affiliate so long as the assigning party continues to be bound by the terms of this Agreement. If Seller elects to assign its rights under this Agreement to a Qualified Intermediary, Buyer will cooperate with Seller as may be reasonably necessary in connection with such assignment and the deferred tax-free exchange to be accomplished in connection therewith, including acknowledging the execution of a written agreement between Seller and the Qualified Intermediary.
Parties Obligated and Benefited. This Agreement shall be binding upon the Parties and their respective assigns and successors in interest and shall inure solely to the benefit of the Parties and their respective assigns and successors in interest, and no other Person shall be entitled to any of the benefits conferred by this Agreement, except that the Shareholders shall be third party beneficiaries of this Agreement. Without the prior written consent of the other Party, no Party may assign this Agreement or the Collateral Documents or any of its rights or interests or delegate any of its duties under this Agreements or the Collateral Documents; provided, however, that Pegasus (a) may assign this Agreement and the Collateral Documents or any of its rights or interests or delegate any of its duties hereunder or thereunder to an Affiliate; provided, however, that any such assignment or delegation shall not release Pegasus from
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!