Common use of Assignment; Parties in Interest Clause in Contracts

Assignment; Parties in Interest. Except as expressly provided herein, the rights and obligations of a party hereunder may not be assigned, transferred or encumbered without the prior written consent of the other parties. Buyer may assign its rights and obligations hereunder, subject to a guaranty from Buyer of the assignee's performance thereof, to any direct or indirect subsidiary or other entity controlled by Buyer, or to any parent corporation of Buyer, for purposes of consummating the transactions contemplated herein. This Agreement shall be binding upon, inure to the benefit of, and be enforceable by the respective successors and permitted assigns of the parties hereto. Nothing contained herein shall be deemed to confer upon any other person or entity any right or remedy under or by reason of this Agreement.

Appears in 3 contracts

Samples: Stock Purchase Agreement (O2wireless Solutions Inc), Stock Purchase Agreement (O2wireless Solutions Inc), Stock Purchase Agreement (O2wireless Solutions Inc)

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Assignment; Parties in Interest. Except as expressly provided herein, the rights and obligations of a party hereunder may not be assigned, transferred or encumbered without the prior written consent of the other parties. The Buyer may assign its rights and obligations hereunder, subject to a guaranty from the Buyer of the assignee's performance thereof, to any direct or indirect subsidiary or other entity controlled by the Buyer, or to any parent corporation of the Buyer, for purposes of consummating the transactions contemplated herein. This Agreement shall be binding upon, inure to the benefit of, and be enforceable by the respective successors and permitted assigns of the parties hereto. Nothing contained herein shall be deemed to confer upon any other person or entity any right or remedy under or by reason of this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Valiant Health Care, Inc.), Stock Purchase Agreement (O2wireless Solutions Inc)

Assignment; Parties in Interest. Except as expressly provided herein, the rights and obligations of a party hereunder may not be assigned, transferred or encumbered without the prior written consent of the other parties. Notwithstanding the foregoing, Buyer may assign its rights and obligations hereundermay, subject without consent of any other party, cause one or more subsidiaries of Buyer to a guaranty from Buyer carry out all or part of the assignee's performance thereof, to any direct or indirect subsidiary or other entity controlled by Buyer, or to any parent corporation of Buyer, for purposes of consummating the transactions contemplated hereinhereby; provided, however, that Buyer shall, nevertheless, remain liable for all of its obligations, and those of any such subsidiary, to Sellers hereunder. This Agreement shall be binding upon, inure to the benefit of, and be enforceable by the respective successors and permitted assigns of the parties hereto. Nothing contained herein shall be deemed to confer upon any other person or entity any right or remedy under or by reason of this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Zitel Corp), Stock Purchase Agreement (Zitel Corp)

Assignment; Parties in Interest. Except as expressly provided herein, the rights and obligations of a party hereunder may not be assigned, transferred or encumbered without the prior written consent of the other parties. Buyer may assign its rights and obligations hereunder, subject to a guaranty from Buyer of the assignee's performance thereof, to any direct or indirect subsidiary or other entity controlled by Buyer, or to any parent corporation an affiliate of Buyer, for purposes of consummating the transactions contemplated herein. This Agreement shall be binding upon, inure to the benefit of, and be enforceable by the respective successors and permitted assigns of the parties hereto. Nothing contained herein shall be deemed to confer upon any other person or entity any right or remedy under or by reason of this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (O2wireless Solutions Inc)

Assignment; Parties in Interest. Except as expressly provided herein, the rights and obligations of a party hereunder may not be assigned, transferred or encumbered without the prior written consent of the other parties. Notwithstanding the foregoing, Buyer may assign its rights and obligations hereundermay, subject without consent of any other party, cause one or more subsidiaries of Buyer to a guaranty from Buyer carry out all or part of the assignee's performance thereof, to any direct or indirect subsidiary or other entity controlled by Buyer, or to any parent corporation of Buyer, for purposes of consummating the transactions contemplated hereinhereby; provided, however, that Buyer shall, nevertheless, remain liable for all of its obligations, and those of any such subsidiary, to Seller hereunder. This Agreement shall be binding upon, inure to the benefit of, and be enforceable by the respective successors and permitted assigns of the parties hereto. Nothing contained herein shall be deemed to confer upon any other person or entity any right or remedy under or by reason of this Agreement.shall

Appears in 1 contract

Samples: Stock Purchase Agreement (Zitel Corp)

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Assignment; Parties in Interest. Except as expressly provided herein, ------------------------------- the rights and obligations of a party hereunder may not be assigned, transferred or encumbered without the prior written consent of the other parties. Buyer The Purchaser may assign its rights and obligations hereunder, subject to a guaranty from Buyer of the assignee's performance thereof, hereunder to any direct or indirect wholly-owned subsidiary or other entity controlled by Buyer, or to any parent corporation of Buyer, for purposes of consummating the transactions contemplated herein. This Agreement shall be binding upon, inure to the benefit of, and be enforceable by the respective successors and permitted assigns of the parties hereto. Nothing contained herein shall be deemed to confer upon any other person or entity any right or remedy under or by reason of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Just for Feet Inc)

Assignment; Parties in Interest. Except as expressly provided herein, the rights and obligations of a party hereunder may not be assigned, transferred or encumbered without the prior written consent of the other parties. Notwithstanding the foregoing, Buyer may assign its rights and obligations hereundermay, subject without consent of any other party, cause one or more subsidiaries of Buyer to a guaranty from Buyer carry out all or part of the assignee's performance thereof, to any direct or indirect subsidiary or other entity controlled by Buyer, or to any parent corporation of Buyer, for purposes of consummating the transactions contemplated hereinhereby; provided, however, that Buyer shall, nevertheless, remain liable for all of its obligations, and those of any such subsidiary, to Seller hereunder. This Agreement shall be binding upon, inure to the benefit of, and be enforceable by the respective successors and permitted assigns of the parties hereto. Nothing contained herein shall be deemed to confer upon any other person or entity any right or remedy under or by reason of this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Zitel Corp)

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