Assumption Required. The Company shall require any successor to the Company (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business or assets of the Company, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place.
Appears in 2 contracts
Sources: Indemnification Agreement (Dorchester Minerals, L.P.), Indemnification & Liability (Dorchester Minerals Lp)