Common use of Assignment to Subsidiary Clause in Contracts

Assignment to Subsidiary. Pursuant to its right set forth in the last ------------------------ paragraph of Article I of the Purchase Agreement, the Buyer hereby assigns its rights under the Purchase Agreement to the Subsidiary, the Subsidiary hereby accepts such assignment, and Seller and the Shareholders hereby consent to such assignment.

Appears in 1 contract

Sources: Asset Purchase Agreement (Innovasive Devices Inc)

Assignment to Subsidiary. Pursuant to its right set forth in the ------------------------ last ------------------------ paragraph of Article I of the Purchase Agreement, the Buyer hereby assigns its rights under the Purchase Agreement to the Subsidiary, the Subsidiary hereby accepts such assignment, and Seller and the Shareholders hereby consent to such assignment.

Appears in 1 contract

Sources: Asset Purchase Agreement (Innovasive Devices Inc)