Common use of Assignment; Successors and Assigns; No Third Party Rights Clause in Contracts

Assignment; Successors and Assigns; No Third Party Rights. Except as otherwise provided herein, this Agreement may not, without the prior written consent of the other parties hereto, be assigned by operation of Law or otherwise, and any attempted assignment shall be null and void. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors, permitted assigns and legal representatives, and nothing herein, express or implied, is intended to or shall confer upon any other Person any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement; provided, that the Indemnified Persons who are not otherwise party to this Agreement shall be third party beneficiaries of this Agreement. Notwithstanding the foregoing, Parent and/or the Merger Subs may assign this Agreement without the consent of any Person to any lender (or agent therefor) to Parent or the Merger Subs or their subsidiaries or Affiliates thereof as security for obligations to such lender (or lenders) in respect of any financing agreements or arrangements entered into by Parent or the Merger Subs or their subsidiaries and affiliates with such lenders or to an acquirer of all or substantially all of the assets or business of Parent or the Merger Subs in any form of transaction, which assignment shall not relieve Parent or any Merger Sub of its obligations hereunder.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (International Money Express, Inc.), Agreement and Plan of Merger (Fintech Acquisition Corp. II)

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Assignment; Successors and Assigns; No Third Party Rights. Except as otherwise provided herein, this Agreement may not, without the prior written consent of the other parties hereto, be assigned by any party hereto by operation of Law law or otherwise, and any attempted assignment shall be null and void; provided that, without the consent of the Company, Parent and Merger Sub shall be permitted to make a collateral assignment of this Agreement to any financial institution and Merger Sub may assign its rights hereunder to one or more wholly-owned Subsidiaries of Parent or Merger Sub upon written notice of such assignment to the Company, it being understood that no assignment of this Agreement shall relieve the transferor of any of its obligations hereunder. Notwithstanding the foregoing, no assignment shall be permitted that could reasonably be expected to impact the tax treatment of the Mergers. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors, permitted assigns and legal representatives. Except as set forth in Section 5.10, and nothing hereinexcept for the rights of the holders of Certificates hereunder, express this Agreement shall be for the sole benefit of the parties to this Agreement and their respective heirs, successors, permitted assigns and legal representatives and is not intended, nor shall be construed, to give any Person, other than the parties hereto and their respective heirs, successors, assigns and legal representatives, any legal or equitable right, remedy or claim hereunder. Nothing in this Agreement, expressed or implied, is intended to or shall confer upon any other Person any legal constitute the parties hereto partners or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement; provided, that the Indemnified Persons who are not otherwise party to this Agreement shall be third party beneficiaries of this Agreement. Notwithstanding the foregoing, Parent and/or the Merger Subs may assign this Agreement without the consent of any Person to any lender (or agent therefor) to Parent or the Merger Subs or their subsidiaries or Affiliates thereof as security for obligations to such lender (or lenders) participants in respect of any financing agreements or arrangements entered into by Parent or the Merger Subs or their subsidiaries and affiliates with such lenders or to an acquirer of all or substantially all of the assets or business of Parent or the Merger Subs in any form of transaction, which assignment shall not relieve Parent or any Merger Sub of its obligations hereundera joint venture.

Appears in 2 contracts

Samples: Agreement and Plan of Merger and Reorganization (Universal American Financial Corp), Agreement and Plan of Merger and Reorganization (Welsh Carson Anderson & Stowe Ix Lp)

Assignment; Successors and Assigns; No Third Party Rights. Except as otherwise provided herein, this Agreement may not, without the prior written consent of the other parties hereto, be assigned by operation of Law or otherwiseassigned, and any attempted assignment shall be null and void; provided, however, that Parent and Merger Sub may assign this Agreement without consent in connection with a sale of all or substantially all assets, direct or indirect change of control, merger or similar transaction. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors, permitted assigns and legal representatives, and nothing herein, express or implied, is it intended to or shall confer upon any other Person any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement; provided, that the Indemnified Persons who are not otherwise party to this Agreement shall be third party beneficiaries of this Agreement. Notwithstanding the foregoing, Parent and/or the Merger Subs Sub may assign this Agreement without the consent of any Person to any lender (or agent therefor) to Parent or the Merger Subs Sub or their subsidiaries or Affiliates thereof as security for obligations to such lender (or lenders) in respect of any financing agreements or arrangements entered into by Parent Parent, Merger Sub or the Merger Subs or their its subsidiaries and affiliates Affiliates with such lenders or to an acquirer of all or substantially all of the assets or business of Parent or the Merger Subs Sub in any form of transaction, which assignment shall not relieve Parent or any Merger Sub of its obligations hereunder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (CardConnect Corp.)

Assignment; Successors and Assigns; No Third Party Rights. Except as otherwise provided herein, this Agreement may not, without the prior written consent of the other parties hereto, be assigned by operation of Law or otherwise, and any attempted assignment shall be null and void. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors, permitted assigns and legal representatives, and nothing herein, express or implied, is it intended to or shall confer upon any other Person any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement; provided, that the Indemnified Persons, the Company Insured Persons and the Acquiror Insured Persons who are not otherwise party to this Agreement shall be third party beneficiaries of this Agreement. Notwithstanding the foregoing, Parent Acquiror and/or the Merger Subs Sub may assign this Agreement without the consent of any Person to any lender (or agent therefor) to Parent Acquiror or the Merger Subs Sub or their subsidiaries or Affiliates thereof as security for obligations to such lender (or lenders) in respect of any financing agreements or arrangements entered into by Parent Acquiror, Merger Sub or the Merger Subs or their its subsidiaries and affiliates Affiliates with such lenders or to an acquirer of all or substantially all of the assets or business of Parent Acquiror or the Merger Subs Sub in any form of transaction, which assignment shall not relieve Parent Acquiror or any Merger Sub of its obligations hereunder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Experience Investment Corp.)

Assignment; Successors and Assigns; No Third Party Rights. Except as otherwise provided herein, this Agreement may not, without the prior written consent of the other parties hereto, be assigned by operation of Law or otherwise, and any attempted assignment shall be null and void. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors, permitted assigns and legal representatives, and nothing herein, express or implied, is it intended to or shall confer upon any other Person any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement; provided, that the Indemnified Persons who are not otherwise party to this Agreement shall be third party beneficiaries of this Agreement. Notwithstanding the foregoing, Parent and/or the Merger Subs Sub may assign this Agreement without the consent of any Person to any lender (or agent therefor) to Parent or the Merger Subs Sub or their subsidiaries or Affiliates thereof as security for obligations to such lender (or lenders) in respect of any financing agreements or arrangements entered into by Parent Parent, Merger Sub or the Merger Subs or their its subsidiaries and affiliates with such lenders or to an acquirer of all or substantially all of the assets or business of Parent or the Merger Subs Sub in any form of transaction, which assignment shall not relieve Parent or any Merger Sub of its obligations hereunder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (FinTech Acquisition Corp)

Assignment; Successors and Assigns; No Third Party Rights. Except as otherwise provided herein, this Agreement may not, without the prior written consent of the other parties hereto, be assigned by operation of Law or otherwise, and any attempted assignment shall be null and void. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors, permitted assigns and legal representatives, and nothing herein, express or implied, is it intended to or shall confer upon any other Person any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement; provided, that the Indemnified Persons no Person who are is not otherwise party to this Agreement shall be a third party beneficiaries beneficiary of this Agreement. Notwithstanding the foregoing, Parent Acquiror and/or the Merger Subs Sub may assign this Agreement without the consent of any Person to any lender (or agent therefor) to Parent Acquiror or the Merger Subs Sub or their subsidiaries Subsidiaries or Affiliates thereof as security for obligations to such lender (or lenders) in respect of any financing agreements or arrangements entered into by Parent Acquiror, Merger Sub or the Merger Subs or their subsidiaries its Subsidiaries and affiliates Affiliates with such lenders or to an acquirer of all or substantially all of the assets or business of Parent Acquiror or the Merger Subs Sub in any form of transaction, which assignment shall not relieve Parent Acquiror or any Merger Sub of its obligations hereunder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Starco Brands, Inc.)

Assignment; Successors and Assigns; No Third Party Rights. Except as otherwise provided herein, this Agreement may not, without the prior written consent of the other parties hereto, be assigned by operation of Law or otherwise, and any attempted assignment shall be null and void. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors, permitted assigns and legal representatives, and nothing herein, express or implied, is intended to or shall confer upon any other Person any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement; provided, that the Indemnified Persons who are not otherwise party to this Agreement shall be third party beneficiaries of this Agreement. Notwithstanding the foregoing, Parent and/or the Merger Subs Sub may assign this Agreement without the consent of any Person to any lender (or agent therefor) to Parent or the Merger Subs Sub or their subsidiaries or Affiliates thereof as security for obligations to such lender (or lenders) in respect of any financing agreements or arrangements entered into by Parent or the Merger Subs Sub or their subsidiaries and affiliates with such lenders or to an acquirer of all or substantially all of the assets or business of Parent or the Merger Subs Sub in any form of transaction, which assignment shall not relieve Parent or any Merger Sub of its obligations hereunder.

Appears in 1 contract

Samples: Joinder Agreement (Roman DBDR Tech Acquisition Corp.)

Assignment; Successors and Assigns; No Third Party Rights. Except as otherwise provided herein, this Agreement may not, without the prior written consent of the other parties hereto, be assigned by operation of Law or otherwise, and any attempted assignment shall be null and void. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors, permitted assigns and legal representatives, and nothing herein, express or implied, is it intended to or shall confer upon any other Person any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement; provided, that the Shift Indemnified Persons and Parent Indemnified Persons who are not otherwise party to this Agreement shall be third party beneficiaries of this AgreementAgreement and the Stockholders are intended third party beneficiaries of Section 3.5. Notwithstanding the foregoing, Parent and/or the Merger Subs Sub may assign this Agreement without the consent of any Person to any lender (or agent therefor) to Parent or the Merger Subs Sub or their subsidiaries or Affiliates thereof as security for obligations to such lender (or lenders) in respect of any financing agreements or arrangements entered into by Parent Parent, Merger Sub or the Merger Subs or their its subsidiaries and affiliates Affiliates with such lenders or to an acquirer of all or substantially all of the assets or business of Parent or the Merger Subs Sub in any form of transaction, which assignment shall not relieve Parent or any Merger Sub of its obligations hereunder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Insurance Acquisition Corp.)

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Assignment; Successors and Assigns; No Third Party Rights. Except as otherwise provided herein, this Agreement may not, without the prior written consent of the other parties hereto, be assigned by operation of Law or otherwise, and any attempted assignment shall be null and void. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors, permitted assigns and legal representatives, and nothing herein, express or implied, is it intended to or shall confer upon any other Person any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement; provided, that the Company Indemnified Persons and Parent Indemnified Persons who are not otherwise party to this Agreement shall be third party beneficiaries of this Agreement. Notwithstanding the foregoing, Parent and/or the Merger Subs Sub may assign this Agreement without the consent of any Person to any lender (or agent therefor) to Parent or the Merger Subs Sub or their subsidiaries or Affiliates thereof as security for obligations to such lender (or lenders) in respect of any financing agreements or arrangements entered into by Parent or the Parent, Merger Subs Sub or their respective subsidiaries and affiliates Affiliates with such lenders or to an acquirer of all or substantially all of the assets or business of Parent or the Merger Subs Sub in any form of transaction, which assignment shall not relieve Parent or any Merger Sub of its respective obligations hereunder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (INSU Acquisition Corp. II)

Assignment; Successors and Assigns; No Third Party Rights. Except as otherwise provided herein, this Agreement may not, without the prior written consent of the other parties hereto, be assigned by operation of Law or otherwise, and any attempted assignment shall be null and void. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors, permitted assigns and legal representatives, and nothing herein, express or implied, is it intended to or shall confer upon any other Person any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement; provided, that the Indemnified Persons, the Company Insured Persons and the Acquiror Insured Persons who are not otherwise party to this Agreement shall be third party beneficiaries of this AgreementAgreement and the Company Stockholders are intended third party beneficiaries of Section 3.10. Notwithstanding the foregoing, Parent Acquiror and/or the Merger Subs Sub may assign this Agreement without the consent of any Person to any lender (or agent therefor) to Parent Acquiror or the Merger Subs Sub or their subsidiaries or Affiliates thereof as security for obligations to such lender (or lenders) in respect of any financing agreements or arrangements entered into by Parent Acquiror, Merger Sub or the Merger Subs or their its subsidiaries and affiliates Affiliates with such lenders or to an acquirer of all or substantially all of the assets or business of Parent Acquiror or the Merger Subs Sub in any form of transaction, which assignment shall not relieve Parent Acquiror or any Merger Sub of its obligations hereunder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Acamar Partners Acquisition Corp.)

Assignment; Successors and Assigns; No Third Party Rights. Except as otherwise provided herein, this Agreement may not, without the prior written consent of the other parties hereto, be assigned by operation of Law or otherwise, and any attempted assignment shall be null and void. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors, permitted assigns and legal representatives, and nothing herein, express or implied, is it intended to or shall confer upon any other Person any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement; provided, that the Company Indemnified Persons who are not otherwise party to this Agreement shall be third party beneficiaries of this AgreementSection 6.11. Notwithstanding the foregoing, Parent and/or the Merger Subs Sub may assign this Agreement without the consent of any Person to any lender (or agent therefor) to Parent or the Merger Subs Sub or their subsidiaries Subsidiaries or Affiliates thereof as security for obligations to such lender (or lenders) in respect of any financing agreements or arrangements entered into by Parent Parent, Merger Sub or the Merger Subs or their subsidiaries its Subsidiaries and affiliates Affiliates with such lenders or to an acquirer of all or substantially all of the assets or business of Parent or the Merger Subs Sub in any form of transaction, which assignment shall not relieve Parent or any Merger Sub of its obligations hereunder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Molekule Group, Inc.)

Assignment; Successors and Assigns; No Third Party Rights. Except as otherwise provided herein, this Agreement may not, without the prior written consent of the other parties heretoParties, be assigned by operation of Law or otherwise, and any attempted assignment shall be null and void. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties hereto Parties and their respective heirs, successors, permitted assigns and legal representatives, and nothing herein, express or implied, is intended to or shall confer upon any other Person any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement; provided, that the Company Indemnified Persons, the Company Insured Persons and the Acquiror Insured Persons who are not otherwise party to this Agreement shall be intended third party beneficiaries of this Agreement. Notwithstanding the foregoing, Parent Acquiror and/or the Merger Subs may assign this Agreement without the consent of any Person to any lender (or agent therefor) to Parent Acquiror or the Merger Subs or their subsidiaries or Affiliates thereof as security for obligations to such lender (or lenders) in respect of any financing agreements or arrangements entered into by Parent or Acquiror, the Merger Subs or their subsidiaries and affiliates Affiliates with such lenders or to an acquirer acquiror of all or substantially all of the assets or business of Parent Acquiror or the Merger Subs in any form of transaction, which assignment shall not relieve Parent Acquiror or any the Merger Sub Subs of its their obligations hereunder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Starco Brands, Inc.)

Assignment; Successors and Assigns; No Third Party Rights. Except as otherwise provided herein, this Agreement may not, without the prior written consent of the other parties hereto, be assigned by operation of Law or otherwise, and any attempted assignment shall be null and void. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors, permitted assigns and legal representatives, and nothing herein, express or implied, is intended to or shall confer upon any other Person any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement; provided, that the (i) Indemnified Persons who are not otherwise party to this Agreement shall be third third-party beneficiaries of Section 7.06; and (ii) Acquiror Indemnified Persons who are not otherwise party to this AgreementAgreement shall be third-party beneficiaries of Section 7.12. Notwithstanding the foregoing, Parent and/or the Merger Subs each Acquiror Party may assign this Agreement without the consent of any Person to any lender (or agent therefor) to Parent or the Merger Subs such Acquiror Party or their subsidiaries or Affiliates thereof as security for obligations to such lender (or lenders) in respect of any financing agreements or arrangements entered into by Parent or the Merger Subs any Acquiror Party or their subsidiaries and affiliates with such lenders or to an acquirer of all or substantially all of the assets or business of Parent or the Merger Subs Acquiror Parties in any form of transaction, which assignment shall not relieve Parent or any Merger Sub such Acquiror Party of its obligations hereunder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Spartacus Acquisition Corp)

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