Common use of 1Assignment; Binding Effect Clause in Contracts

1Assignment; Binding Effect. This Agreement may not be assigned by the Executive, but may be assigned by the Company to any successor to its business and will inure to the benefit of and be binding upon any such successor. Subject to the foregoing provisions restricting assignment, all covenants and agreements in this Agreement by or on behalf of any of the parties hereto shall bind and inure to the benefit of the respective successors, assigns, heirs, and personal representatives. ​

Appears in 4 contracts

Sources: Nonqualified Share Option Grant Agreement (CubeSmart, L.P.), Performance Vested Restricted Share Grant Agreement (CubeSmart, L.P.), Performance Vested Restricted Share Unit Grant Agreement (CubeSmart, L.P.)

1Assignment; Binding Effect. This Agreement may not be assigned by the Executive, but may be assigned by the Company to any successor to its business and will inure to the benefit of and be binding upon any such successor. Subject to the foregoing provisions restricting assignment, all covenants and agreements in this Agreement by or on behalf of any of the parties hereto shall bind and inure to the benefit of the respective successors, assigns, heirs, and personal representatives. ​.

Appears in 1 contract

Sources: Restricted Share Grant Agreement (CubeSmart, L.P.)