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 heirs, executors, administrators and other successors and assigns and shall inure to the benefit of the parties and their respective heirs, executors, administrators and other successors and permitted assigns. No party shall assign any of its rights or delegate any of its duties under this Agreement (by operation of law or otherwise) without the prior written consent of the other parties. Any assignment of rights or delegation of duties under this Agreement by a party without the prior written consent of another other party or parties, if such consent is required hereby, shall be void. No such assignment or delegation shall relieve the assignor or delegator of its obligations hereunder, except that if a party assigns or delegates as permitted hereunder with the prior written consent of the other parties, then it shall be relieved of those obligations assumed by its transferee. Any such transferee shall be deemed a third party beneficiary of this Agreement. Except as otherwise provided herein, no other person shall be, or be deemed to be, a third party beneficiary of this Agreement.

Appears in 6 contracts

Samples: Stock Escrow Agreement (Symmetry Holdings Inc), Stock Escrow Agreement (Symmetry Holdings Inc), Stock Escrow Agreement (Symmetry Holdings Inc)

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Binding Effect; Assignment; Third-Party Beneficiaries. This Agreement shall be binding upon the parties Parties and their respective heirs, executors, administrators and other successors and assigns and shall inure to the benefit of the parties Parties and their respective heirs, executors, administrators and other successors and permitted assigns. No party Except as permitted in Section 8.2, neither Party shall assign any of its rights or delegate any of its duties under this Agreement (by operation of law or otherwise) without the prior written consent of the other partiesParty. Any assignment of rights or delegation of duties under this Agreement by a party Party without the prior written consent of another the other party or partiesParty, if such consent is required hereby, shall be void. No such assignment or delegation shall relieve the assignor or delegator of its obligations hereunder, except that if a party assigns or Party delegates as permitted any of its obligations hereunder with the prior written consent of the other partiesParty, then it shall be relieved of those obligations assumed by its transfereedelegatee. Any The Representative (as to Sections 6.1, 7.4 and 9.2), the registered holders and any such transferee shall be deemed a third party beneficiary beneficiaries of this Agreement. Except as otherwise provided herein, no other person shall be, or be deemed to be, a third party beneficiary of this Agreement.

Appears in 6 contracts

Samples: Warrant Agreement (Symmetry Holdings Inc), Warrant Agreement (Symmetry Holdings Inc), Warrant Agreement (Symmetry Holdings Inc)

Binding Effect; Assignment; Third-Party Beneficiaries. This Agreement shall be binding upon the parties Parties and their respective heirs, executors, administrators and other successors and assigns and shall inure to the benefit of the parties Parties and their respective heirs, executors, administrators and other successors and permitted assigns. No party Party shall assign any of its rights or delegate any of its duties under this Agreement (by operation of law or otherwise) without the prior written consent of the other partiesParty. Any assignment of rights or delegation of duties under this Agreement by a party Party without the prior written consent of another the other party or partiesParty, if such consent is required hereby, shall be void. No such assignment or delegation shall relieve the assignor or delegator of its obligations hereunder, except that if a party assigns or delegates as permitted hereunder with the prior written consent of the other parties, then it shall be relieved of those obligations assumed by its transferee. Any Except for any such transferee shall be deemed a third party beneficiary of this Agreement. Except as otherwise provided hereintransferee, the Public Stockholders, the Existing Stockholders and the Underwriters, no other person Person shall be, or be deemed to be, a third party beneficiary of this AgreementAgreement other than as expressly set forth herein.

Appears in 5 contracts

Samples: Investment Management Trust Agreement (Symmetry Holdings Inc), Investment Management Trust Agreement (Symmetry Holdings Inc), Investment Management Trust Agreement (Symmetry Holdings Inc)

Binding Effect; Assignment; Third-Party Beneficiaries. This Agreement shall be binding upon the parties and their respective heirs, executors, administrators and other successors and assigns and shall inure to the benefit of the parties and their respective heirs, executors, administrators and other successors and permitted assigns. No party shall assign any of its rights or delegate any of its duties under this Agreement (by operation of law or otherwise) without the prior written consent of the other parties. Any assignment of rights or delegation of duties under this Agreement by a party without the prior written consent of another other party or parties, if such consent is required hereby, shall be void. No such assignment or delegation shall relieve the assignor or delegator of its obligations hereunder, except that if a party assigns or delegates as permitted hereunder with the prior written consent of the other parties, then it shall be relieved of those obligations assumed by its transferee. Any such transferee shall be deemed a third party beneficiary of this Agreement. Except as otherwise provided herein, no No other person shall be, or be deemed to be, a third party beneficiary of this Agreement.

Appears in 1 contract

Samples: Stock Escrow Agreement (Symmetry Holdings Inc)

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Binding Effect; Assignment; Third-Party Beneficiaries. This Agreement shall be binding upon the parties Parties and their respective heirs, executors, administrators and other successors and assigns and shall inure to the benefit of the parties Parties and their respective heirs, executors, administrators and other successors and permitted assigns. No party Except as permitted in Section 8.2, neither Party shall assign any of its rights or delegate any of its duties under this Agreement (by operation of law or otherwise) without the prior written consent of the other partiesParty. Any assignment of rights or delegation of duties under this Agreement by a party Party without the prior written consent of another the other party or partiesParty, if such consent is required hereby, shall be void. No such assignment or delegation shall relieve the assignor or delegator of its obligations hereunder, except that if a party assigns or Party delegates as permitted any of its obligations hereunder with the prior written consent of the other partiesParty, then it shall be relieved of those obligations assumed by its transfereedelegatee. Any The Representative (as to Sections 6.1, [6.4], 7.4 and 9.2), the registered holders and any such transferee shall be deemed a third party beneficiary beneficiaries of this Agreement. Except as otherwise provided herein, no other person shall be, or be deemed to be, a third party beneficiary of this Agreement.

Appears in 1 contract

Samples: Warrant Agreement (Symmetry Holdings Inc)

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