Binding Effect and Assignability. This Subscription Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, executors, administrators, successors, legal representatives and assigns. The Subscriber agrees not to transfer or assign this Subscription Agreement, or any of the Subscriber’s interest herein.
Binding Effect and Assignability. The rights and obligations of both parties under this Agreement shall inure to the benefit of and shall be binding upon their heirs, successors and assigns. Executive’s rights under this Agreement shall not, in any voluntary or involuntary manner, be assignable and may not be pledged or hypothecated without the prior written consent of the Company.
Binding Effect and Assignability. The rights and obligations of both parties under this Agreement shall inure to the benefit of and shall be binding upon their heirs, successors and assigns. Neither party's rights under this Agreement shall, in any voluntary or involuntary manner, be assignable and may not be pledged or hypothecated without the prior written consent of the other party; it being understood that no merger or consolidation involving the Company shall be deemed an assignment.
Binding Effect and Assignability. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, personal representatives, successors, assigns, affiliated entities, and any party-in-interest. Executive agrees and understands that, should Company be acquired by, merge with, or otherwise combine with another corporation or business entity, the surviving entity will have all rights to enforce the terms of this Agreement as if it were Company itself enforcing the Agreement. Company reserves the right to assign this Agreement to its affiliates, an affiliated company or to any successor in interest to Company’s business without notifying Executive, and Executive hereby consents to any such assignment. All terms and conditions of this Agreement will remain in effect following any such assignment. Notwithstanding the foregoing, Executive may not assign this Agreement.
Binding Effect and Assignability. The rights and obligations of both parties under this Agreement shall inure to the benefit of and shall be binding upon their personal representatives, heirs, successors and assigns. This Agreement, or any part thereof, may not be assigned by XXXXXX.
Binding Effect and Assignability. This Agreement shall inure to the benefit of, and shall be binding upon, the Parties hereto and their respective successors, assigns, heirs and legal representatives, including any entity with which Employer may merge or consolidate or to which Employer may transfer all or substantially all of its assets. Insofar as Employee is concerned, this Agreement, being personal, cannot be assigned as to performance or for any other purpose.
Binding Effect and Assignability. This Agreement may not be assigned by either party without the prior written consent of the other party, except that in the event Company should undergo any change in ownership or change in structure or control, or should Company transfer some or all of its assets to another entity, this Agreement may be assigned by Company without the Employee's further consent to any company, business, partnership, individual or entity, and that the Employee will continue to remain bound by this Agreement. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the parties and their respective heirs, legatees, devisees, personal representatives, successors and assigns.
Binding Effect and Assignability. The rights and obligations of Company under this Agreement shall inure to the benefit of and shall be binding upon any affiliate, successor or assign of or to the business of Company. Neither this Agreement nor any rights or obligations of Executive shall be transferable or assignable by Executive without Company’s prior written consent, and any attempted transfer or assignment hereof by Executive not in accordance herewith shall be null and void.
Binding Effect and Assignability. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, personal representatives, successors, assigns, affiliated entities, and any party-in-interest. I agree that, should the Company be acquired by, merge with, or otherwise combine with another corporation or business entity, the surviving entity will have all rights to enforce the terms of this Agreement as if it were the Company itself enforcing the Agreement. Notwithstanding the foregoing, I understand and agree that I may not assign this Agreement.
Binding Effect and Assignability. The Loan Documents shall be binding upon and inure to the benefit of the Borrower, the Administrative Agent and the Banks and their respective successors, assigns and legal representatives; provided, however, that (a) the Borrower may not, without the prior written consent of the Administrative Agent and the Banks, assign any rights, powers, duties or obligations thereunder and (b) the Banks may only assign their interests pursuant to Section 10.12 below.
