Common use of Amendment/Binding Effect Clause in Contracts

Amendment/Binding Effect. This Agreement may not be amended, nor any rights hereunder waived except by an instrument in writing signed by a duly authorized representative of the party to be charged with such amendment or waiver and delivered by such party to the party claiming the benefit of such amendment or waiver. This Agreement shall extend to and be binding upon and inure to the benefit of Seller and Buyer and their respective successors and assigns, and shall run with the Property.