Common use of Assignments; Binding Effect Clause in Contracts

Assignments; Binding Effect. Neither Party may assign either this Agreement or any rights or obligations hereunder to any entity other than one of its Affiliates without the prior written approval of the other Party. This Agreement shall inure to the benefit of and be binding upon the respective successors and permitted assigns of the Parties.

Appears in 3 contracts

Samples: Loan Portfolio Sale and Purchase Agreement, Loan Portfolio Sale and Purchase Agreement (Ameritrans Capital Corp), Loan Portfolio Sale and Purchase Agreement (Ameritrans Capital Corp)

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Assignments; Binding Effect. Neither No Party may assign either this Agreement or any rights of its rights, interests or obligations hereunder to any entity other than one of its Affiliates without the prior written approval consent of the other Party. This Agreement shall inure to the benefit of Parties, and be binding upon the respective successors and permitted assigns any purported assignment by a Party without prior written consent of the other Parties will be null and void and not binding on such Parties.; provided, however, that Parent may (a) assign any or all of its rights and interests hereunder to one or more of its Affiliates and

Appears in 2 contracts

Samples: Merger Agreement (Interface Security Systems, L.L.C.), Merger Agreement (Interface Security Systems Holdings Inc)

Assignments; Binding Effect. Neither Party No party may sell or assign either any interest in or obligation under this Agreement or any rights or obligations hereunder to any entity other than one of its Affiliates without the prior express written approval consent of the other Partyparty. This Subject to the specific provisions of this Agreement, this Agreement shall will be binding upon and inure to the benefit of and be binding upon enforceable by the parties and their respective successors and permitted assigns of the Partiesassigns.

Appears in 1 contract

Samples: Interlocal Agreement

Assignments; Binding Effect. Neither Party may assign This Agreement shall not be assigned by either this Agreement or any rights or obligations hereunder to any entity other than one of its Affiliates party without the prior express written approval consent of the other Partyparty. This Agreement shall inure to the benefit of and be binding upon the respective successors and permitted assigns of the Partiesparties.

Appears in 1 contract

Samples: Loan Sale Agreement (Communications Research Inc)

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Assignments; Binding Effect. Neither Party party may assign either this Agreement or any of its rights or obligations hereunder to delegate any entity other than one of its Affiliates responsibilities hereunder, whether by operation of law or otherwise, without the prior written approval consent of the other Partyparty hereto, and any attempted assignment or delegation shall be void and of no effect. This Agreement shall be binding upon and inure to the benefit of each of the parties and be binding upon the their respective successors and permitted assigns of the Partiesassigns.

Appears in 1 contract

Samples: Supply Agreement (Tultex Corp)

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