Benefits and Binding Effect. The provisions of this Agreement shall inure to the benefit of, and shall be binding upon, the parties hereto and their respective heirs and permitted successors and assigns, as may be applicable.
Benefits and Binding Effect. This Agreement shall inure to the benefit of and be binding upon the Company, its successors and assigns, including but not limited to any corporation, person or other entity which may acquire all or substantially all of the assets and business of the Company or any corporation with or into which the Company may be consolidated or merged, and the Executive, his heirs, executors, administrators and legal representatives, provided that the obligations of the Executive hereunder may not be delegated.
Benefits and Binding Effect. No party may assign or transfer any of their respective rights, benefits or obligations under this Agreement without the consent in writing of the other party hereto; provided, however, that any party may assign its rights, benefits and obligations hereunder in whole or in part to any successor or successors to (i) in the case of Purchaser, all or part of the Transferred Assets or its business in the event of a reorganization, merger or consolidation, sale or other transfer of a substantial portion of its assets or (ii) in the case of Seller, all of its business in the event of a reorganization, merger or consolidation (each of the events in (i) and (ii), a “Corporate Event”); provided that any acquiror or successor of Purchaser or Seller, as applicable, in connection with a Corporate Event shall, in the consenting parties reasonable discretion, be at least as creditworthy as the assigning party; provided further, however, that Seller may not assign or transfer any of its rights, benefits or obligations under this Agreement in connection with a Corporate Event prior to the Manufacturing Closing Date to any person identified on Schedule 9.11. Notwithstanding the foregoing, no assignment shall relieve the assigning party of responsibility for the performance of its obligations hereunder.
Benefits and Binding Effect. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns. Buyer may form a wholly-owned subsidiary or other business entity for the purpose of assuming all of Buyer's rights and obligations under this Agreement.
Benefits and Binding Effect. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns (with the provisions of Section 4.9 inuring to the benefit of the Indemnified Parties referred to therein). Except as otherwise expressly provided in this Agreement (including Section 4.9), nothing contained herein is intended or shall be construed to confer on any person other than the parties hereto any rights or benefits hereunder.
Benefits and Binding Effect. No party may assign or transfer any of their respective rights, benefits or obligations under this Agreement without the consent in writing of the other party hereto; provided, however, that, subject to prior written notification to the other party, either party may assign its rights, benefits and obligations hereunder in whole or in part (i) in the case of Purchaser, to any affiliate or to successor or successors to all or part of the Transferred Assets or Purchaser’s business in the event of a reorganization, merger or consolidation, sale or other transfer of a substantial portion of Purchaser’s assets or (ii) in the case of Seller, to successor or successors to all of Seller’s business in the event of a reorganization, merger or consolidation, sale or other transfer of a substantial portion of Seller’s assets (each of the events in (i) and (ii), a “Corporate Event”); provided that any acquiror or successor of Purchaser or Seller, as applicable, in connection with a Corporate Event shall, in the consenting parties reasonable discretion, be at least as creditworthy as the assigning party and provided, further, that the Note shall not be assignable by Purchaser in the event of a Corporate Event without Seller’s prior written consent. Notwithstanding the foregoing, no assignment shall relieve the assigning party of responsibility for the performance of its obligations hereunder. This Agreement shall be binding upon, and shall inure to the benefit of, and be enforceable by, the parties and their respective legal representatives, heirs, legatees, successors and assigns.
Benefits and Binding Effect. All provisions contained in this Agreement or any document referred to herein or relating hereto shall inure to the benefit of and shall be binding upon the respective successors and assigns of Seller and Purchaser.
Benefits and Binding Effect. Purchaser may assign its rights, benefits and obligations hereunder to (a) any Affiliate provided that Purchaser shall remain bound to the obligations of this Agreement and/or (b) any successor to all or part of its business in the event of a reorganization, merger or consolidation, or sale of substantially all of its assets or equity; provided that the buyer of substantially all of the assets or equity of Purchaser confirms its obligations under this Agreement at such sale. Sellers’ consent to any such assignment shall not be necessary. No Seller may assign its obligations, rights or benefits under this Agreement without the prior written consent of Purchaser. Subject to the preceding sentences, this Agreement is binding upon, inures to the benefit of and is enforceable by the parties hereto and their respective successors and permitted assigns. Any attempt to assign any rights, benefits and obligations hereunder in contravention of this Section 8.12 shall be null and void and have no effect. Section 8.12
Benefits and Binding Effect. (a) No party may assign any of its rights, interests or obligations under this Agreement without the prior written consent of the other parties hereto, except that (i) without the consent of any Seller, Buyer may assign its rights and interests (but not its obligations) under this Agreement to a Qualified Intermediary, as such term is defined under Treasury Regulation section 1.103(k)-I(g) for purposes of effecting a like-kind exchange under section 1031 of the Internal Revenue Code of 1986, as amended and applicable Treasury Regulations, (ii) without the consent of any Seller, Buyer may collaterally assign its rights, interests and obligations under this Agreement to its lenders, (iii) without the consent of any Seller, Buyer may assign its rights, interests and obligations under this Agreement to a wholly owned subsidiary or subsidiaries of Buyer, and (iv) without the consent of Buyer, any Seller may assign its rights, interests and obligations under this Agreement to ValueVision in connection with the assignment of all its assets and liabilities to ValueVision. If any Seller assigns all its assets to the other or to ValueVision as contemplated by the preceding sentence and, in
Benefits and Binding Effect. No party may assign or transfer any of their respective rights, benefits or obligations under this Agreement without the consent in writing of the other party hereto.
