Common use of ASSIGNMENT BY CPC Clause in Contracts

ASSIGNMENT BY CPC. This Contract shall be binding upon and shall ----------------- inure to the benefit of any successors or assigns of CPC. As used in this Contract, the term "successor" includes any Person or group of Persons acting in concert which at any time in any form or manner acquires all or substantially all of the assets or business or more than twenty percent (20%) of the outstanding voting securities of CPC.

ASSIGNMENT BY CPC. This Subject to paragraphs 5.2.4 and 5.2.5, this ----------------- Contract shall be binding upon and shall ----------------- inure to the benefit of any successors or assigns of CPC. As used in this Contract, the term "successor" includes any Person or group combination of Persons acting in concert which at any time in any form or manner acquires all or substantially all of the assets or business or more than twenty percent (20%) of the outstanding voting securities stock of CPCCPC or any succession which results from a Change of Control.