Binding Effect; Assignability; Benefit. (a) This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective heirs, successors, legal representatives and permitted assigns. Any Member that ceases to own beneficially any Units shall cease to be bound by the terms hereof (other than (i) the provisions of Annex A applicable to such Member with respect to any offering of Registrable Securities completed before the date such Member ceased to own any Units, (ii) Sections 6.08, 6.07, 6.08 and 6.09 and (iii) Article X).
Appears in 4 contracts
Samples: Agreement and Plan of Merger (STR Holdings (New) LLC), Joinder Agreement (STR Holdings, Inc.), Joinder Agreement (STR Holdings (New) LLC)
Binding Effect; Assignability; Benefit. (a) This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective heirs, successors, legal representatives and permitted assigns. Any Member that ceases to own beneficially any Units shall cease to be bound by the terms hereof (other than (i) the provisions of Annex A applicable to such Member with respect to any offering of Registrable Securities completed before the date such Member ceased to own any Units, (ii) Sections 6.087.07, 6.077.08, 6.08 7.09 and 6.09 7.10 and (iii) Article XXI).
Appears in 3 contracts
Samples: Contribution Agreement (STR Holdings (New) LLC), Limited Liability Company Agreement (STR Holdings LLC), Limited Liability Company Agreement (STR Holdings (New) LLC)
