Common use of Assignment; Binding Agreement Clause in Contracts

Assignment; Binding Agreement. This Agreement and various rights and obligations arising hereunder shall inure to the benefit of and be binding upon Purchaser, its successors, and permitted assigns and the Company, its successors and permitted assigns. Neither this Agreement nor any of the rights, interests, or obligations hereunder shall be transferred, delegated, or assigned (by operation of law or otherwise) by either of the Parties hereto without the prior written consent of the other Party (which consent shall not be unreasonably withheld), except that Purchaser shall have the right to transfer and assign its rights hereunder to purchase the Purchased Shares and any other rights or benefits afforded to it by this

Appears in 2 contracts

Sources: Stock Purchase Agreement (Dti Holdings Inc), Stock Purchase Agreement (Dti Holdings Inc)

Assignment; Binding Agreement. This Agreement and various rights and obligations arising hereunder shall inure to the benefit of and be binding upon PurchaserBuyer, its successors, and permitted assigns and the CompanySellers, its successors their legal representatives, successors, and permitted assigns. Neither this Agreement nor any of the rights, interests, or obligations hereunder shall be transferred, delegated, or assigned (by operation of law or otherwise) by either of the Parties hereto without the prior written consent of the other Party (which consent shall not be unreasonably withheld)Party, except that Purchaser Buyer shall have the right to transfer and assign its rights hereunder to purchase the Purchased Shares and any other rights or benefits afforded to it by thisthis Agreement to any entity which at the time of such transfer and assignment is controlled by Buyer.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Applied Digital Solutions Inc), Stock Purchase Agreement (Atec Group Inc)

Assignment; Binding Agreement. This Agreement and various rights and obligations arising hereunder shall inure to the benefit of and be binding upon PurchaserBuyer, its successors, and permitted assigns and the CompanySeller, its successors their legal representatives, successors, and permitted assigns. Neither this Agreement nor any of the rights, interests, or obligations hereunder shall be transferred, delegated, or assigned (by operation of law or otherwise) by either any of the Parties hereto without the prior written consent of the other Party (which consent shall not be unreasonably withheld)Parties, except that Purchaser Buyer shall have the right to transfer and assign its rights hereunder to purchase the Purchased DOC Shares and any other rights or benefits afforded to it by thisthis Agreement to any entity which at the time of such transfer and assignment is controlled by Buyer.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Applied Digital Solutions Inc), Stock Purchase Agreement (Applied Digital Solutions Inc)

Assignment; Binding Agreement. This Agreement and various rights and obligations arising hereunder shall inure to the benefit of and be binding upon PurchaserBuyer, its successors, and permitted assigns and the CompanySellers, its successors their legal representatives, successors, and permitted assigns. Neither this Agreement nor any of the rights, interests, or obligations hereunder shall be transferred, delegated, or assigned (by operation of law or otherwise) by either any of the Parties hereto without the prior written consent of the other Party (which consent shall not be unreasonably withheld)Parties, except that Purchaser Buyer shall have the right to transfer and assign its rights hereunder to purchase the Purchased DOC Shares and any other rights or benefits afforded to it by thisthis Agreement to any entity which at the time of such transfer and assignment is controlled by Buyer.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Applied Digital Solutions Inc), Stock Purchase Agreement (Applied Digital Solutions Inc)

Assignment; Binding Agreement. This Agreement and various rights and obligations arising hereunder shall inure to the benefit of and be binding upon PurchaserBuyer, its successors, and permitted assigns and the CompanySeller, its successors their legal representatives, successors, and permitted assigns. Neither this Agreement nor any of the rights, interests, or obligations hereunder shall be transferred, delegated, or assigned (by operation of law or otherwise) by either of the Parties hereto without the prior written consent of the other Party (which consent shall not be unreasonably withheld)Party, except that Purchaser Buyer shall have the right to transfer and assign its rights hereunder to purchase the Purchased Shares and any other rights or benefits afforded to it by thisthis Agreement to any entity which at the time of such transfer and assignment is controlled by Buyer.

Appears in 1 contract

Sources: License Agreement (Elemental Protective Coating Corp.)

Assignment; Binding Agreement. This Agreement and various rights and obligations arising hereunder shall inure to the benefit of and be binding upon PurchaserBuyer, its successors, and permitted assigns and the CompanySeller, its successors their legal representatives, successors, and permitted assigns. Neither this Agreement nor any of the rights, interests, or obligations hereunder shall be transferred, delegated, or assigned (by operation of law or otherwise) by either of the Parties hereto without the prior written consent of the other Party (which consent shall not be unreasonably withheld)Party, except that Purchaser Buyer shall have the right to transfer and assign its rights hereunder to purchase the Purchased Shares and any other rights or benefits afforded to it by thisthis Agreement to any entity which at the time of such transfer and assignment is controlled by Buyer. LICENSE AGREEMENT BIO-CARBON SOLUTIONS INTERNATIONAL INC 1776729 ONTARIO CORPORATION

Appears in 1 contract

Sources: License Agreement (Elemental Protective Coating Corp.)

Assignment; Binding Agreement. This Agreement and various rights and obligations arising hereunder shall inure to the benefit of and be binding upon PurchaserBuyer, its successors, and permitted assigns and the CompanySellers, its successors their legal representatives, successors, and permitted assigns. Neither this Agreement nor any of the rights, interests, or obligations hereunder shall be transferred, delegated, or assigned (by operation of law or otherwise) by either any of the Parties hereto without the prior written consent of the other Party (which consent shall not be unreasonably withheld)Parties, except that Purchaser Buyer shall have the right to transfer and assign its rights hereunder to purchase the Purchased SYCM Shares and any other rights or benefits afforded to it by thisthis Agreement to any entity which at the time of such transfer and assignment is controlled by Buyer.

Appears in 1 contract

Sources: Stock Purchase Agreement (Syscomm International Corp)

Assignment; Binding Agreement. This Agreement and various rights and obligations arising hereunder shall inure to the benefit of and be binding upon PurchaserBuyer, its successors, and permitted assigns and the CompanySellers, its successors their successors, and permitted assigns. Neither this Agreement nor any of the rights, interests, or obligations hereunder shall be transferred, delegated, or assigned (by operation of law or otherwise) by either of the Parties hereto without the prior written consent of the other Party (which consent shall not be unreasonably withheld), except that Purchaser Buyer shall have the right to transfer and assign its rights hereunder to purchase the Purchased Shares and any other rights or benefits afforded to it by thisthis Agreement to any entity which at the time of such transfer and assignment is controlled by Buyer.

Appears in 1 contract

Sources: Stock Purchase Agreement (Banner Aerospace Inc)