Common use of Binding Effect; Assignment; Third-Party Beneficiaries Clause in Contracts

Binding Effect; Assignment; Third-Party Beneficiaries. This Agreement shall be binding upon the Parties and their respective successors and permitted assigns and shall inure to the benefit of the Parties and their respective successors and permitted assigns. Neither Party shall assign any of its rights or delegate any of its duties under this Agreement (by operation of Law or otherwise), except to an affiliate, without the prior written consent of Supplier or Buyer. Any assignment of rights or delegation of duties under this Agreement by a Party without the prior written consent of the other Party, if such consent is required hereby, shall be void. No Person shall be, or be deemed to be, a third party beneficiary of this Agreement.

Appears in 2 contracts

Samples: Supply and Service Agreement (Platinum Energy Solutions, Inc.), Supply and Service Agreement (Platinum Energy Solutions, Inc.)

AutoNDA by SimpleDocs

Binding Effect; Assignment; Third-Party Beneficiaries. This Except as otherwise provided herein, this Agreement shall not be assigned by any party, and no party’s obligations hereunder, or any of them, shall be delegated, without the consent of the other parties; provided that the Company may collaterally assign this Agreement to any lender of the Company or any of its Affiliates or otherwise assign its rights and delegate its duties hereunder. Subject to the preceding sentence, this Agreement shall be binding upon the Parties and their respective successors and permitted assigns and shall inure to the benefit of the Parties parties and their respective successors and permitted assigns. Neither Party There shall assign any be no third party beneficiaries of its rights or delegate any of its duties under this Agreement (by operation of Law or otherwise), except to an affiliate, without the prior written consent of Supplier or Buyer. Any assignment of rights or delegation of duties under this Agreement by a Party without the prior written consent of the other Party, if such consent is required hereby, shall be void. No Person shall be, or be deemed to be, a third party beneficiary of this Agreementas expressly provided herein.

Appears in 2 contracts

Samples: Executive Employment Agreement (Emergent Capital, Inc.), Executive Employment Agreement (Emergent Capital, Inc.)

Binding Effect; Assignment; Third-Party Beneficiaries. This Except as otherwise provided herein, this Agreement shall not be assigned by any party, and no party's obligations hereunder, or any of them, shall be delegated, without the consent of the other parties; provided that the Company may collaterally assign this Agreement to any lender of the Company or any of its affiliates or otherwise assign its rights and delegate its duties hereunder. Subject to the preceding sentence, this Agreement shall be binding upon the Parties and their respective successors and permitted assigns and shall inure to the benefit of the Parties parties and their respective successors and permitted assigns. Neither Party There shall assign any be no third party beneficiaries of its rights or delegate any of its duties under this Agreement (by operation of Law or otherwise), except to an affiliate, without the prior written consent of Supplier or Buyer. Any assignment of rights or delegation of duties under this Agreement by a Party without the prior written consent of the other Party, if such consent is required hereby, shall be void. No Person shall be, or be deemed to be, a third party beneficiary of this Agreementas expressly provided herein.

Appears in 2 contracts

Samples: Employment Agreement (Swisher Hygiene Inc.), Employment Agreement (Swisher Hygiene Inc.)

Binding Effect; Assignment; Third-Party Beneficiaries. This Agreement shall and the rights and obligations of the parties hereunder may not be assigned (except by operation of law) without the prior written consent of the non-assigning parties and will be binding upon the Parties on and their respective successors and permitted assigns and shall inure to the benefit of the Parties parties hereto and their respective successors and permitted assigns. Neither Party This Agreement is not intended, and shall assign not be construed, deemed, or interpreted, to confer on any of its Entity not a party hereto any rights or delegate any of its duties under this Agreement (by operation of Law or otherwise)remedies hereunder, except to an affiliate, without the prior written consent of Supplier or Buyer. Any assignment of rights or delegation of duties under this Agreement by a Party without the prior written consent of the other Party, if such consent is required hereby, shall be void. No Person shall be, or be deemed to be, a third party beneficiary of this Agreementas otherwise provided expressly herein.

Appears in 1 contract

Samples: Plan B Settlement Agreement (Cooper Industries LTD)

Binding Effect; Assignment; Third-Party Beneficiaries. This Except as otherwise provided herein, this Agreement shall not be assigned by any party, and no party’s obligations hereunder, or any of them, shall be delegated, without the consent of the other parties; provided that the Company may collaterally assign this Agreement to any lender of the Company or any of its Affiliates or otherwise assign its rights and delegate its duties hereunder. Subject to the preceding sentence, this Agreement shall be binding upon the Parties and their respective successors and permitted assigns and shall inure to the benefit of the Parties parties and their 4812-0136-6366v.4 respective successors and permitted assigns. Neither Party There shall assign any be no third party beneficiaries of its rights or delegate any of its duties under this Agreement (by operation of Law or otherwise), except to an affiliate, without the prior written consent of Supplier or Buyer. Any assignment of rights or delegation of duties under this Agreement by a Party without the prior written consent of the other Party, if such consent is required hereby, shall be void. No Person shall be, or be deemed to be, a third party beneficiary of this Agreementas expressly provided herein.

Appears in 1 contract

Samples: Executive Employment Agreement (Emergent Capital, Inc.)

AutoNDA by SimpleDocs

Binding Effect; Assignment; Third-Party Beneficiaries. This Agreement shall not be assigned by any Party, and no Party’s obligations hereunder, or any of them, shall be delegated, without the consent of the other Parties; provided that Merger Sub may assign this Agreement to any of its Affiliates. This Agreement shall be binding upon the Parties and their respective successors and permitted assigns and shall inure to the benefit of the Parties and their respective successors and permitted assigns. Neither Party shall assign any Except as provided in Section 5.5 and in Article VI (with respect to Persons entitled to indemnification hereunder), no provision of its rights or delegate any of its duties under this Agreement (by operation of Law is intended to confer any rights, benefits, remedies, obligations or otherwise)liabilities hereunder upon any Person other than the Parties, except to an affiliateand nothing in this Agreement, without the prior written consent of Supplier express or Buyer. Any assignment of rights implied, is intended or delegation of duties under this Agreement by a Party without the prior written consent of the other Party, if such consent is required hereby, shall be void. No Person shall be, or be deemed construed to be, a create any third party beneficiary of this Agreementbeneficiaries.

Appears in 1 contract

Samples: Agreement and Plan of Merger (FriendFinder Networks Inc.)

Binding Effect; Assignment; Third-Party Beneficiaries. This Except as otherwise provided herein, this Agreement shall not be assigned by any Party, and no Party’s obligations hereunder or any of them, shall be delegated, without the consent of the other Party; provided that the Companies may unilaterally assign this Agreement to Priority, PCH or Parent at any time; provided further that the Companies may collaterally assign this Agreement to any lender of the Companies or any of their affiliates or otherwise assign its rights and delegate its duties hereunder. Subject to the preceding sentence, this Agreement shall be binding upon the Parties and their respective successors and permitted assigns and shall inure to the benefit of the Parties and their respective successors and permitted assigns. Neither Party shall assign any of its rights or delegate any of its duties under this Agreement (by operation of Law or otherwise), except to an affiliate, without the prior written consent of Supplier or Buyer. Any assignment of rights or delegation of duties under this Agreement by a Party without the prior written consent of the other Party, if such consent is required hereby, There shall be void. No Person shall be, or be deemed to be, a no third party beneficiary of this Agreementbeneficiaries hereof except as expressly provided herein.

Appears in 1 contract

Samples: Employment Agreement (Priority Technology Holdings, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.