Common use of Assignment; Amendment Clause in Contracts

Assignment; Amendment. This Agreement and the rights and obligations hereunder of any of the parties hereto may not be assigned without the prior written consent of the other parties hereto. Subject to the foregoing, this Agreement will be binding upon and insure to the benefit of each of the parties hereto and their respective successors and permitted assigns. No portion of the Escrow Shares shall be subject to interference or control by any creditor to any party hereto, or be subject to being taken or reached by any legal or equitable process in satisfaction of any debt or other liability of any such party hereto prior to the disbursement thereof to such party hereto in accordance with the provisions of this Agreement. This Agreement may be changed or modified only in writing signed by all of the parties hereto. No provision hereof may be waived other than by an instrument in writing signed by the party against whom enforcement is sought. A waiver or amendment of any term or provision of this Agreement shall not be construed as a waiver or amendment of any other term or provision of this Agreement or any other Transaction Document.

Appears in 3 contracts

Samples: Make Good Agreement (Applied Spectrum Technologies Inc), Make Good Agreement (China Yida Holding, Co.), Make Good Agreement (China Sky One Medical, Inc.)

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Assignment; Amendment. This Agreement and the rights and obligations hereunder of any of the parties hereto may not be assigned to any third party without the prior written consent of the other parties hereto. Subject to the foregoing, this Agreement will be binding upon and insure inure to the benefit of each of the parties hereto and their respective successors and permitted assigns. No portion of the Escrow Collateral Shares shall be subject to interference or control by any creditor to any party hereto, or be subject to being taken or reached by any legal or equitable process in satisfaction of any debt or other liability of any such party hereto prior to the disbursement thereof to such party hereto in accordance with the provisions of this Agreement. This Agreement may be changed or modified only in writing signed by all of the parties hereto. No provision hereof may be waived other than by an instrument in writing signed by the party against whom enforcement is sought. A waiver or amendment of any term or provision of this Agreement shall not be construed as a waiver or amendment of any other term or provision of this Agreement or any other Transaction Document.

Appears in 2 contracts

Samples: Pledge Agreement (Global Health Ventures Inc.), Pledge Agreement (Drinks Americas Holdings, LTD)

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