Common use of Assignability and Parties in Interest Clause in Contracts

Assignability and Parties in Interest. No party may assign any of its rights or delegate any of its obligations hereunder without the prior written consent of the other party. This Agreement binds, inures to the benefit of and is enforceable by the respective successors and permitted assigns of the parties and it does not confer any rights on any other persons or entities.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Spartan Stores Inc), Asset Purchase Agreement (Spartan Stores Inc)

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Assignability and Parties in Interest. No party may assign any of its rights or delegate any of its obligations hereunder without the prior written consent of the other party. This Agreement binds, inures to the benefit of and is enforceable by the respective successors and permitted assigns of the parties and it does not confer any rights on any other persons or entities. The Parent and each affiliate of the Parent shall be a third party beneficiary of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Hardie James Industries Nv)

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Assignability and Parties in Interest. No party may assign any of its rights This Agreement and the rights, interests or delegate any of its obligations hereunder may not be assigned by any Party without the prior written consent of the other partyParties. This Agreement binds, inures shall inure to the benefit of and is enforceable by be binding upon the Parties and their respective permitted successors and permitted assigns assigns. Nothing in this Agreement will confer upon any person not a party to this Agreement, or the legal representatives of the parties and it does not confer such person any rights on or remedies of any other persons nature or entitieskind whatsoever under or by reason of this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Movie Star Inc /Ny/)

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