Successors Bound definition

Successors Bound. This DPA is and shall be binding upon the respective successors in interest to Provider in the event of a merger, acquisition, consolidation or other business reorganization or sale of all or substantially all of the assets of such business. The LEA may terminate this DPA and service agreement at any time.
View Source
Successors Bound. This DPA is and shall be binding upon the respective successors in interest to Provider in the event of a merger, acquisition, consolidation or other business reorganization or sale of all or substantially all of the assets of such business In the event that the Provider sells, merges, or otherwise disposes of its business to a successor during the term of this DPA, the Provider shall provide written notice to the LEA no later than sixty (60) days after the closing date of sale, merger, or disposal. Provider shall ensure that the successor enter into a written, signed assurance that the successor will assume the obligations of the DPA and any obligations with respect to Student Data within the Service Agreement. The LEA has the authority to terminate the Service Agreement and this DPA if it disapproves of the successor to whom the Provider is selling, merging, or otherwise disposing of its business.
View Source
Successors Bound is amended to read as follows:
View Source

Examples of Successors Bound in a sentence

  • The last sentence of Section 7 (Successors Bound) of Article VII (Miscellaneous) is hereby deleted in its entirety.

  • Section 7 of Article VII of the DPA is hereby amended to read as follows: Successors Bound.

  • The last sentence of Section 7 (Successors Bound) of Article VII (Miscellaneous) is hereby deleted and replaced with the following: “The LEA has the authority to terminate the DPA if it determines that significant concerns exist regarding the ability of the successor to comply with the data privacy and security requirements of the DPA and as required by applicable law.” 4.

  • Successors Bound Knowledge or acquiescence by either party hereto of or in any breach of any of the conditions or covenants herein contained shall not operate as or be deemed to be a waiver of such conditions or covenants or any of them and notwithstanding such knowledge or acquiescence each party hereto shall be entitled to exercise their respective rights under this Agreement and to require strict performance by the other of the terms and conditions herein.

  • Successors Bound This Agreement shall be construed in accordance with the internal laws of the State of Washington, determined without regard to conflicts of law.

  • Successors Bound: This Agreement shall be binding on and shall inure to the benefit of the heirs, legal representatives, successors, and assigns of the parties hereto.

  • Section 16.1. Lessee’s Indemnification 21 Section 16.2. Manager’s Indemnification 21 Section 16.3. Indemnification Procedure 22 Section 16.4. Good Faith Judgment 22 Section 16.5. Survival 22 ARTICLE XVII MISCELLANEOUS 22 Section 17.1. Severability 22 Section 17.2. No Partnership 23 Section 17.3. Meetings 23 Section 17.4. Consents 23 Section 17.5. Applicable Law 23 Section 17.6. Successors Bound 23 Section 17.7. Headings 23 Section 17.8. Incorporation of Recitals 23 Section 17.9. Notices 23 Section 17.10.

  • Section 4 (Limitations on Re-Disclosure) of Exhibit G (Supplemental SDPC State Terms for Illinois) is hereby amended by inserting “Except for Subprocessors, or in connection with a merger, acquisition, or sale of all or substantially all of Provider’s assets in compliance with Article VII, Section 7 (Successors Bound) of the DPA,” at the beginning of the first sentence.

  • Successors Bound: Anyone who takes your place, such as heirs, legal representatives or successors, has the same obligations as you have under this Agreement.

  • Section 16.1. Lessee’s Indemnification 20 Section 16.2. Manager’s Indemnification 20 Section 16.3. Indemnification Procedure 21 Section 16.4. Good Faith Judgment 21 Section 16.5. Survival 21 ARTICLE XVII MISCELLANEOUS 21 Section 17.1. Severability 21 Section 17.2. No Partnership 21 Section 17.3. Meetings 22 Section 17.4. Consents 22 Section 17.5. Applicable Law 22 Section 17.6. Successors Bound 22 Section 17.7. Headings 22 Section 17.8. Incorporation of Recitals 22 Section 17.9. Notices 22 Section 17.10.


More Definitions of Successors Bound

Successors Bound. This Agreement shall be binding on and shall inure to the benefit of the successors, assigns, heirs and legal representatives of the parties hereto.
View Source

Related to Successors Bound

  • Successors as used in this Agreement shall not include any purchaser, as such purchaser, of any of the [Unsecured Notes] from any of the respective Underwriters.

  • Successors and Assigns as used herein shall mean a corporation or other entity acquiring all or substantially all the assets and business of the Company (including this Agreement) whether by operation of law or otherwise.

  • assigns shall not include any purchaser of Securities merely because of such purchase.

  • Permitted Assigns means a Transferee of shares of Common Stock that agrees to become party to, and to be bound to the same extent as its Transferor by the terms of, this Agreement.

  • Successor Holdings has the meaning assigned to such term in Section 6.03(a)(v).