Common use of Assignment; Assumption Clause in Contracts

Assignment; Assumption. Subject to the provisions of Clause 7.1.3, neither this Agreement nor any rights or obligations hereunder may be assigned or duties delegated (other than specified in the EAP Plan) by either Party without the prior written consent of the other Party, which consent shall not be unreasonably withheld. Any assignment in violation of this clause shall be null and void. Any permitted assignee shall, upon the request of the other Party hereto, expressly acknowledge, by written agreement, its assumption of all obligations and liabilities under this Agreement.

Appears in 3 contracts

Samples: Amended And (Hemispherx Biopharma Inc), Early Access Agreement (Hemispherx Biopharma Inc), Early Access Agreement (Hemispherx Biopharma Inc)

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Assignment; Assumption. Subject to the provisions of Clause 7.1.3, 7.1.3 neither this Agreement nor any rights or obligations hereunder may be assigned or duties delegated (other than specified in the EAP Plan) by either Party without the prior written consent of the other Party, which consent shall not be unreasonably withheld. Any assignment in violation of this clause shall be null and void. Any permitted assignee shall, upon the request of the other Party hereto, expressly acknowledge, by written agreement, its assumption of all obligations and liabilities under this Agreement.

Appears in 2 contracts

Samples: Early Access Agreement (Celsion CORP), Early Access Agreement (Celsion CORP)

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