Assignment; Binding Agreement. This Agreement and various rights and obligations arising hereunder shall inure to the benefit of and be binding upon Buyer, its successors, and permitted assigns and Seller, 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 any of the Parties hereto without the prior written consent of the other Parties, except that Buyer shall have the right to transfer and assign its rights hereunder to purchase the DOC Shares and any other rights or benefits afforded to it by this 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 Buyer, its successors, the Parties hereto and permitted assigns and Seller, their legal representatives, successors, 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 any of the Parties hereto without the prior written consent of the other PartiesParty (which consent shall not be unreasonably withheld), except that the Buyer shall have the right to transfer and assign its rights hereunder to purchase the DOC Shares and any other rights or benefits afforded to it by this Agreement to any entity which at the time of such transfer and assignment is controlled by the Buyer or by the Affiliates of the Buyer. No such assignment shall relieve the Buyer of any liability or obligation hereunder.
Appears in 2 contracts
Sources: Asset Purchase and Sale Agreement (Huttig Building Products Inc), Asset Purchase and Sale Agreement (Huttig Building Products Inc)
Assignment; Binding Agreement. This Agreement and the various rights and obligations arising hereunder shall inure to the benefit of and be binding upon Buyer, its successors, and permitted assigns assigns, and Seller, the Sellers and 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 any of the Parties hereto without the prior written consent of the other PartiesParties (which consent shall not be unreasonably withheld), except that Buyer shall have the right to transfer and assign its rights hereunder to purchase the DOC Sale Shares and any other rights or benefits afforded to it by this Agreement to any entity which at the time of such transfer and assignment is controlled by Buyer.
Appears in 2 contracts
Sources: Purchase and Sale of Share Capital (Applied Cellular Technology Inc), Purchase and Sale of Share Capital (Applied Cellular Technology Inc)
Assignment; Binding Agreement. This Agreement and various rights and obligations arising hereunder shall inure to the benefit of and be binding upon BuyerPurchaser, its successors, and permitted assigns and Sellerthe Company, their legal representatives, successors, 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 any either of the Parties hereto without the prior written consent of the other PartiesParty (which consent shall not be unreasonably withheld), except that Buyer Purchaser shall have the right to transfer and assign its rights hereunder to purchase the DOC Purchased Shares and any other rights or benefits afforded to it by this Agreement to any entity which at the time of such transfer and assignment is controlled by Buyer.this
Appears in 2 contracts
Sources: Stock Purchase Agreement (Dti Holdings Inc), Stock Purchase Agreement (Dti Holdings Inc)
Assignment; Binding Agreement. This Acquisition Agreement and various rights and obligations arising hereunder shall inure to the benefit of and be binding upon Buyer, its successors, the Parties hereto and permitted assigns and Seller, their legal representatives, successors, successors and permitted assigns. Neither this Acquisition Agreement nor any of the rights, interests, or obligations hereunder shall be transferred, delegated, or assigned (by operation of law or otherwise) by any of the Parties hereto without the prior written consent of the other PartiesParty (which consent shall not be unreasonably withheld), except that the Buyer shall have the right to transfer and assign its rights hereunder to purchase the DOC Shares and any other rights or benefits afforded to it by this Agreement to any entity which at the time of such transfer and assignment is controlled by the Buyer or by the Affiliates of the Buyer. No such assignment shall relieve the Buyer of any Liability or obligation hereunder.
Appears in 2 contracts
Sources: Acquisition Agreement, Acquisition Agreement (Richardson Electronics LTD/De)
Assignment; Binding Agreement. This Agreement and various rights and obligations arising hereunder shall inure to the benefit of and be binding upon Buyer, its successors, the Parties hereto and permitted assigns and Seller, their legal representatives, successors, 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 any of the Parties hereto without the prior written consent of the other PartiesParty (which consent shall not be unreasonably withheld), except that Azzurro shall have the right to designate a subsidiary entity to act as the Buyer hereunder, and the Buyer shall have the right to transfer and assign its rights hereunder to purchase the DOC Shares and any other rights or benefits afforded to it by this Agreement to any entity which at the time of such transfer and assignment is controlled by the Buyer or by the Affiliates of the Buyer. No such assignment shall relieve the Buyer of any liability or obligation hereunder.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Travelzoo Inc), Asset Purchase Agreement (Travelzoo Inc)
Assignment; Binding Agreement. This Agreement and various rights and obligations arising hereunder shall inure to the benefit of and be binding upon Buyer, its successors, and permitted assigns and SellerSellers, 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 any of the Parties hereto without the prior written consent of the other Parties, except that Buyer shall have the right to transfer and assign its rights hereunder to purchase the DOC Shares and any other rights or benefits afforded to it by this 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 Buyer, its successors, and permitted assigns and SellerSellers, 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 any either of the Parties hereto without the prior written consent of the other PartiesParty, except that Buyer shall have the right to transfer and assign its rights hereunder to purchase the DOC Shares and any other rights or benefits afforded to it by this 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 the various rights and obligations arising hereunder shall inure to the benefit of of, and be binding upon Buyerupon, its successors, the Parties hereto and permitted assigns and Seller, their legal representatives, successors, 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 any of the Parties hereto without the prior written consent of the other PartiesParty (which consent shall not be unreasonably withheld), except that Buyer Purchaser shall have the right to designate a subsidiary entity to act as Purchaser hereunder, and Purchaser shall have the right to transfer and assign its rights hereunder to purchase the DOC Shares and any other rights or benefits afforded to it by this Agreement to any entity which at the time of such transfer and assignment is controlled by BuyerPurchaser or by the Affiliates of Purchaser. No such assignment shall relieve Purchaser of any liability or obligation hereunder.
Appears in 1 contract
Assignment; Binding Agreement. This Agreement and various rights and obligations arising hereunder shall inure to the benefit of and be binding upon Buyer, its successors, the Parties hereto and permitted assigns and Seller, their legal representatives, successors, 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 any of the Parties hereto without the prior written consent of the other PartiesParty (which consent shall not be unreasonably withheld), except that Buyer shall have the right to designate a subsidiary entity to act as the Buyer hereunder, and Buyer shall have the right to transfer and assign its rights hereunder to purchase the DOC Shares and any other rights or benefits afforded to it by this Agreement to any entity which at the time of such transfer and assignment is controlled by the Buyer or by the Affiliates of the Buyer. No such assignment shall relieve the Buyer of any liability or obligation hereunder.
Appears in 1 contract
Assignment; Binding Agreement. This Agreement and various rights and obligations arising hereunder shall inure to the benefit of and be binding upon Buyer, its successors, and permitted assigns and SellerSellers, 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 any either of the Parties hereto without the prior written consent of the other PartiesParty (which consent shall not be unreasonably withheld), except that Buyer shall have the right to transfer and assign its rights hereunder to purchase the DOC Shares and any other rights or benefits afforded to it by this Agreement to any entity which at the time of such transfer and assignment is controlled by Buyer.
Appears in 1 contract
Assignment; Binding Agreement. This Agreement and the various rights and obligations arising hereunder shall inure to the benefit of and be binding upon Buyer, its the Parties and their respective successors, and permitted assigns and Sellerheirs, their devisees, legatees, legal representatives, successors, representatives 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 Law or otherwise) by any of the Parties hereto Buyer without the prior written consent of Seller or by Seller without the other Partiesprior written consent of Buyer; provided, except however, that Buyer shall have the right to transfer and assign its rights hereunder to purchase the DOC Shares Purchased Assets and assume the Assumed Liabilities and any other rights or benefits afforded to it by this Agreement to any entity which at the time of such transfer and assignment is controlled by Buyer.
Appears in 1 contract
Assignment; Binding Agreement. This Agreement and various rights and obligations arising hereunder shall inure to the benefit of and be binding upon Buyer, its successors, and permitted assigns and Sellerthe parties hereto, their legal representatives, successors, successors and permitted assigns. Neither this Agreement nor any of the rights, interests, or obligations hereunder here under shall be transferred, delegated, or assigned (by operation of law or otherwise) by any of the Parties hereto Seller without the prior written consent of Buyer (except that Seller may assign its rights here under to any entity which acquires all or substantially all of the other Partiesassets of Seller, or acquires Seller by merger or similar transaction), or by Buyer without the prior written consent of Seller, except that Buyer shall have the right to transfer and assign its rights hereunder to purchase the DOC Shares and any other rights rights, benefits or benefits afforded to it by obligations under this Agreement to any entity which at the time of such transfer and assignment is controlled by Buyerits affiliates without Seller’s consent.
Appears in 1 contract
Assignment; Binding Agreement. This Acquisition Agreement and various rights and obligations arising hereunder shall inure to the benefit of and be binding upon Buyer, its successors, the Parties hereto and permitted assigns and Seller, their legal representatives, successors, successors and permitted assigns. Neither this Acquisition Agreement nor any of the rights, interests, or obligations hereunder shall be transferred, delegated, or assigned (by operation of law or otherwise) by any of the Parties hereto without the prior written consent of the other PartiesParty (which consent shall not be unreasonably withheld), except that Buyer shall have the right to transfer and assign its rights hereunder to purchase the DOC Shares and any other rights or benefits afforded to it by this Agreement to any entity which at the time of such transfer and assignment is controlled by Buyer or by the Affiliates of Buyer. No such assignment shall relieve Buyer of any Liability or obligation hereunder.
Appears in 1 contract
Assignment; Binding Agreement. This Agreement and the various rights and obligations arising hereunder shall inure to the benefit of and be binding upon Buyer, its the Parties and their respective successors, and permitted assigns and Sellerheirs, their devisees, legatees, legal representatives, successors, representatives 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 Law or otherwise) by any of the Parties hereto Buyer without the prior written consent of the other PartiesSellers or by any of the Sellers without the prior written consent of Buyer; provided, except however, that Buyer shall have the right to transfer and assign its rights hereunder to purchase the DOC Company Shares and any other rights or benefits afforded to it by this Agreement to any entity which at the time of such transfer and assignment is controlled by ESCO Technologies Inc., the parent of Buyer.
Appears in 1 contract