Common use of Binding upon Successors Clause in Contracts

Binding upon Successors. This Agreement shall be binding upon and inure to the benefit of the heirs, administrators, executors, successors in interest and assigns of each of the parties to this Agreement. Any reference in this Agreement to a specifically named party shall be deemed to apply to any successor, heir, administrator, executor or assign of such party who has acquired an interest in compliance with the terms of this Agreement, or under law.

Appears in 2 contracts

Samples: Improvements Grant, Improvements Grant

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Binding upon Successors. This Agreement shall be binding upon and inure to the benefit of the heirs, administrators, executors, successors in interest successors, and assigns of each of the parties parties. However, there shall be no Transfer except pursuant to the terms of this Agreement. Any reference in this Agreement to a specifically named party shall be deemed to apply to any successor, heir, administrator, executor executor, or assign of such party who has acquired an interest in compliance with the terms of this Agreement, or under law.

Appears in 2 contracts

Samples: Loan Modification Agreement, Loan Modification Agreement

Binding upon Successors. 11.13.1 This Agreement shall be binding upon and inure to the benefit of the heirs, administrators, executors, successors in interest and assigns of each of the parties to this AgreementParties hereto. Any reference in this Agreement to a specifically named party Party shall be deemed to apply to any successor, heir, administrator, executor or assign of such party Party who has acquired an interest in compliance with the terms of this Agreement, or under law.

Appears in 2 contracts

Samples: Land Disposition and Development Agreement, Land Disposition and Development Agreement

Binding upon Successors. (a) This Agreement shall be binding upon and inure to the benefit of the heirs, administrators, executors, successors in interest and assigns of each of the parties hereto except that there shall be no Transfer of any interest by any of the parties hereto except pursuant to the terms of this Agreement. Any reference in this Agreement to a specifically named party shall be deemed to apply to any successor, heir, administrator, executor or assign of such party who has acquired an interest in compliance with the terms of this Agreement, or under law.

Appears in 2 contracts

Samples: Disposition and Development Agreement, Development and Loan Agreement

Binding upon Successors. This Agreement shall be binding upon binds and inure inures to the benefit of the heirs, administrators, executors, successors in interest and assigns of each of the parties to this Agreement, whether by agreement or operation of law, including, without limitation, any successor to the Agency. Any reference in this Agreement to a specifically named party shall is to be deemed to apply to any successor, heir, administrator, executor or assign of such party who has acquired an interest in compliance with the terms of this Agreement, or under law.

Appears in 1 contract

Samples: Agency Transfer Payment Agreement

Binding upon Successors. This Agreement shall be binding upon and inure to the benefit of the heirs, administrators, executors, successors in interest and assigns of each of the parties to this AgreementParties. Any reference in this Agreement to a specifically named party shall be deemed to apply to any successor, successor heir, administrator, executor or assign of such party who has acquired an interest in compliance with the terms of this Agreement, or under law.

Appears in 1 contract

Samples: Second Development Agreement

Binding upon Successors. This Agreement agreement shall be binding upon and inure to the benefit of the heirs, administrators, executors, successors in interest and assigns of each of the parties hereto except that there shall be no transfer of any interest to any of the parties hereto except pursuant to the terms of this Agreement. Any reference in this Agreement to a specifically named party shall be deemed to apply to any successor, successor heir, administrator, executor or assign of such party who has acquired an interest in compliance with the terms of this Agreement, or under law.

Appears in 1 contract

Samples: Development Agreement

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Binding upon Successors. (a) This Agreement shall be binding upon and inure to the benefit of the heirs, administrators, executors, successors in interest and assigns of each of the parties Parties hereto except that there shall be no Transfer of any interest by the Developer except pursuant to the terms of this Agreement. Any reference in this Agreement to a specifically named party Party shall be deemed to apply to any successor, heir, administrator, executor or assign of such party Party who has acquired an interest in compliance with the terms of this Agreement, or under law.

Appears in 1 contract

Samples: Disposition and Development Agreement

Binding upon Successors. This Agreement shall be binding upon and inure to the benefit of the heirs, administrators, executors, successors in interest successors, and assigns of the respective parties hereto, and any parent, subsidiary and affiliated entity of each of the parties to this Agreement. Any reference in this Agreement to a specifically named party shall be deemed to apply to any successor, heir, administrator, executor or assign of such party who has acquired an interest in compliance with the terms of this Agreement, or under lawParty.

Appears in 1 contract

Samples: Mutual Settlement and Release Agreement (Itec Environmental Group Inc)

Binding upon Successors. This Agreement shall be binding upon and inure to the benefit of the heirs, administrators, executors, successors in interest interest, and assigns of each of the parties to this AgreementParties. Any reference in this Agreement to a specifically named party Party shall be deemed to apply to any successor, heir, administrator, executor executor, successor, or assign of such party Party who has acquired an interest in compliance with the terms of this Agreement, Agreement or under law.

Appears in 1 contract

Samples: Development Agreement

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