Common use of Assignment by Purchasers Clause in Contracts

Assignment by Purchasers. Sellers irrevocably agree that this Offer may be assigned in whole or in part by Purchasers to any of their Affiliates without Sellers’ prior consent. However, prior to any such assignments, Purchasers shall serve notice on Sellers of the name of the Affiliates to which this Offer is to be assigned. Purchasers shall be jointly and severally liable together with the assignee or assignees for the faithful performance by the assignee/s of its/their obligation/s under this Offer.

Appears in 2 contracts

Sources: Stock Purchase Agreement, Share Purchase Agreement (Adecoagro S.A.)