Common use of Assignments of Interests Clause in Contracts

Assignments of Interests. This Agreement shall be binding upon and shall inure to the benefit of each of the Company and Purchaser and each of their respective permitted successors and assigns. No assignment of the interest of the Company or Purchaser shall be binding upon the Escrow Agent unless and until written notice of such assignment shall be delivered to and acknowledged by the Escrow Agent.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Verenium Corp), Escrow Agreement (Verenium Corp)