Common use of Assignability and Parties in Interest Clause in Contracts

Assignability and Parties in Interest. This Agreement shall not be assignable by any of the parties hereto without the consent of the other parties hereto, except that the Buyers shall be able to assign their rights and obligations hereunder to any affiliated entity subject to remaining liable hereunder for such affiliated entities’ obligations under this Agreement.

Assignability and Parties in Interest. This Agreement shall not be assignable by any of the parties hereto without the consent of the all other parties hereto; provided, except however, that Purchaser may assign this Agreement without consent of the Buyers Seller if such assignment is to an Affiliate of the Purchaser. This Agreement shall inure to the benefit of and be able binding upon the parties hereto and their respective successors. Nothing in this Agreement is intended to assign their confer, expressly or by implication, upon any other person any rights and obligations hereunder to any affiliated entity subject to remaining liable hereunder for such affiliated entities’ obligations or remedies under or by reason of this Agreement.