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.
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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.
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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.
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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.

  • Owners and Successors Bound by RulesA All contracts of insurance effected by the Association shall, save and insofar as they contain any special terms inconsistent herewith, be deemed to incorporate and shall incorporate all the provisions of these Rules.

  • 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.

  • Owners and Successors Bound by Rules‌A All contracts of insurance effected by the Association shall, save and insofar as they contain any special terms inconsistent herewith, be deemed to incorporate and shall incorporate all the provisions of these Rules.

  • 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.

  • 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 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.

Related to Successors Bound

  • Company Fundamental Representations means the representations and warranties set forth in Section 3.1 (Organization; Authority; Enforceability), Section 3.2(a) (Non-contravention), Section 3.3 (Capitalization), Section 3.13 (Brokerage) and Section 3.20 (Affiliate Transactions).

  • Bind, "binding," or "bound" means securing more than one piece of paper

  • Successor Rate means a successor to or replacement of the Original Reference Rate which is formally recommended by any Relevant Nominating Body.

  • Seller Fundamental Representations means the representations and warranties set forth in Section 6.1 (Organization, Good Standing and Qualification of Seller), Section 6.2 (Authorization; Enforceability), Section 6.10 (Title to Purchased Assets) and Section 6.26 (Brokerage Commission).

  • Buyer Fundamental Representations means the representations and warranties of Buyer contained in Sections 6.1, 6.2 and 6.7.

  • Successor means an entity that has replaced a predecessor by acquiring the assets and carrying out the affairs of the predecessor under a new name (often through acquisition or merger). The term "successor" does not include new offices/divisions of the same company or a company that only changes its name. The extent of the responsibility of the successor for the liabilities of the predecessor may vary, depending on State law and specific circumstances.