Common use of Benefit and Binding Effect; Assignment Clause in Contracts

Benefit and Binding Effect; Assignment. All of the terms and provisions of this Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and assigns. No parties hereto shall assign (other than by will or bequest) his or its rights hereunder or any interest herein without the prior written consent of each of the other parties hereto.