Assignability and Parties in Interest. This Agreement shall not be assignable by any of the parties hereto, provided that Purchaser shall have the right to assign to one or more of its Affiliates any and all of its rights under this Agreement. This Agreement (a) shall inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns and (b) is not intended to confer upon any other persons any rights or remedies hereunder.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Popmail Com Inc), Stock Purchase Agreement (Meteor Industries Inc)
Assignability and Parties in Interest. This Agreement shall not be assignable by any of the parties heretoparties, provided except that Purchaser shall have the right to may assign to one or more of its Affiliates any and all of its rights under this Agreementhereunder to, and have its obligations hereunder assumed by a wholly-owned subsidiary of Purchaser. This Agreement (a) shall inure to the benefit of and be binding upon the parties hereto and their respective permitted successors and permitted assigns and (b) is not intended to confer upon any other persons any rights or remedies hereunderassigns.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Vdi Media), Asset Purchase Agreement (Vdi Multimedia)
Assignability and Parties in Interest. This Agreement shall not be assignable by any of the parties heretoparties, provided except that Purchaser shall have the right to may assign to one or more of its Affiliates any and all of its rights under this Agreementhereunder to, and have its obligations hereunder assumed by a wholly-owned subsidiary of Purchaser, so long as Purchaser remains obligated to perform its obligations hereunder. This Agreement (a) shall inure to the benefit of and be binding upon the parties hereto and their respective permitted successors and permitted assigns and (b) is not intended to confer upon any other persons any rights or remedies hereunderassigns.
Appears in 1 contract
Samples: Asset Purchase Agreement (Vdi Media)
Assignability and Parties in Interest. This Agreement shall not ------------------------------------- be assignable by any either of the parties hereto, provided hereto except that Purchaser shall have the right to Buyer may assign to one or more of its Affiliates any and all of its rights under this Agreementhereunder to, and have its obligations hereunder assumed by, a wholly- owned subsidiary of Buyer without releasing Buyer. This Agreement (a) shall inure to the benefit of and be binding upon the parties hereto Buyer and Shareholder and their respective permitted successors and permitted assigns and (b) is not intended to confer upon any other persons any rights or remedies hereunderassigns.
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Assignability and Parties in Interest. This Agreement shall and the rights, interests or obligations hereunder may not be assignable assigned by any of the parties hereto, provided except that Purchaser shall have the right Buyer may assign its rights and obligations under this Agreement in whole or in part to assign any Affiliate or Affiliates of Buyer or any successor to one all or more of its Affiliates any and substantially all of its rights under this Agreementthe business or assets of Buyer. This Agreement (a) shall inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns and (b) is not intended to confer upon any other persons any rights or remedies hereunder.Buyer and
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Assignability and Parties in Interest. This Agreement shall not be assignable by any of the parties heretoparties, provided except that Purchaser shall have the right to Buyer may assign to one or more of its Affiliates any and all of its rights hereunder to, and have its obligations hereunder assumed by, a wholly owned subsidiary of Buyer; provided, however, that no such assignment shall release Buyer from its obligations under this Agreement. This Agreement (a) shall inure to the benefit of and be binding upon the parties hereto and their respective permitted successors and permitted assigns and (b) is not intended to confer upon any other persons any rights or remedies hereunderassigns.
Appears in 1 contract
Samples: Asset Purchase and Sale Agreement (Bikers Dream Inc)