Common use of Binding Effect and Assignability Clause in Contracts

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. 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. The rights and obligations of both parties each Party under this Agreement shall inure to the benefit of and shall be binding upon their heirsany subsidiary, successors and assignsaffiliate, successor or permitted assign of or to the business of such Party, to the extent provided below. Neither party's this Agreement nor any rights or obligations of either Party under this Agreement shall, in any voluntary shall be transferable or involuntary manner, be assignable and may not be pledged or hypothecated by that Party without the prior written consent of the other party; it being understood that no merger Party, and any attempted transfer or consolidation involving the Company assignment of this Agreement by either Party not in accordance herewith shall be deemed an assignmentnull and void.

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 but shall not be pledged or hypothecated assigned without the prior written consent of the other party; it being understood that no merger or consolidation involving the Company shall be deemed an assignmentboth parties.

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 but it shall not be pledged or hypothecated assigned without the prior written consent of the other party; it being understood that no merger or consolidation involving the Company shall be deemed an assignmentboth parties.

Binding Effect and Assignability. The rights and obligations of both parties under this This Agreement shall be binding on and inure to the benefit of the respective Parties and shall be binding upon their heirs, successors and permitted assigns. Neither party's Party may assign its rights or delegate its duties or obligations under this Agreement shall, in any voluntary or involuntary manner, be assignable and may not be pledged or hypothecated without the other Party’s prior written consent consent. Any assignment in violation of the other party; it being understood that no merger or consolidation involving the Company this Clause shall be deemed an assignmentvoid.

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 but shall not be pledged or hypothecated assigned without the prior written consent of the other party; it being understood that no merger or consolidation involving the Company shall be deemed an assignmentboth parties.