Common use of Binding Effect; Benefit Clause in Contracts

Binding Effect; Benefit. Subject to Section 7.7, this Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective permitted successors and assigns. Nothing in this Agreement, expressed or implied, is intended to confer on any Person other than the parties hereto and their Affiliates or their respective permitted successors and assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Occidental Petroleum Corp /De/)

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Binding Effect; Benefit. Subject to Section 7.7, this This Agreement shall be binding upon and shall inure to the benefit of and be binding upon the parties hereto and their respective permitted heirs, legal representatives, successors and permitted assigns. Nothing Except as set forth in Section 7 hereof, nothing contained in this Agreement, expressed express or implied, is intended to confer on any Person person other than the parties hereto and their Affiliates or their respective permitted heirs, legal representatives, successors and permitted assigns, any rights, remedies, remedies or obligations or liabilities under or by reason of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Timber Tech Inc)

Binding Effect; Benefit. Subject to Section 7.7, The provisions of this Agreement shall be binding upon and inure to the benefit of and be binding upon the parties hereto and their respective successors and, subject to Section 12.2., permitted successors and assigns. Nothing in this Agreement, expressed or implied, is intended to confer on any Person person other than the parties hereto and their Affiliates or their respective successors and, subject to Section 12.2., permitted successors and assigns, assigns any rights, remedies, obligations or liabilities under or by reason of this Agreement.

Appears in 1 contract

Samples: Transition Services Agreement (Advanced Thermal Technologies Inc)

Binding Effect; Benefit. Subject to Section 7.76.6, this Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective permitted successors and assigns. Nothing in this Agreement, expressed or implied, is intended to confer on any Person other than the parties hereto and their Affiliates or their respective permitted successors and assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement.

Appears in 1 contract

Samples: Contribution Agreement (Geon Co)

Binding Effect; Benefit. Subject to Section 7.7, this This Agreement shall inure to the benefit of and be binding upon the parties Parties hereto and their respective permitted successors and permitted assigns. Nothing in this Agreement, expressed express or implied, is intended to confer on upon any Person other than the parties hereto and their Affiliates or their respective permitted successors and assigns, person any rights, remedies, obligations obligations, or liabilities under or by reason of this Agreementliabilities, except that Section 8 is intended to benefit the indemnified parties referenced therein.

Appears in 1 contract

Samples: Swapkit Purchase Agreement (Vertex Energy Inc.)

Binding Effect; Benefit. Subject to Section 7.712, this Agreement shall be binding upon and shall inure to the benefit of and be binding upon the parties hereto and their respective permitted successors and assigns. Nothing assigns and nothing in this Agreement, expressed or implied, is intended to confer on any Person other than the parties hereto and their Affiliates or their respective permitted successors and assigns, assigns any rights, remedies, obligations or liabilities under or by reason of this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Advanced Thermal Technologies Inc)

Binding Effect; Benefit. Subject to Section 7.7, this This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective heirs, successors, legal representatives and permitted successors and assigns. Nothing Except as otherwise provided in Section 11 hereof, nothing in this Agreement, expressed or implied, is intended to confer on any Person person other than the parties hereto hereto, and their Affiliates or their respective heirs, successors, legal representatives and permitted successors and assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement.

Appears in 1 contract

Samples: Put Option Agreement (California Coastal Communities Inc)

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Binding Effect; Benefit. Subject to Section 7.7With the exception of Article IV.2, this Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective permitted successors and assigns. Nothing in this Agreement, expressed express or implied, is intended to confer on any Person person other than the parties hereto and their Affiliates or their respective permitted successors and assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement.

Appears in 1 contract

Samples: Share Purchase Agreement (Sylvan Learning Systems Inc)

Binding Effect; Benefit. Subject to Section 7.714, this Agreement shall be binding upon and shall inure to the benefit of and be binding upon the parties hereto and their respective permitted successors and assigns. Nothing assigns and nothing in this Agreement, expressed or implied, is intended to confer on any Person other than the parties hereto and their Affiliates or their respective permitted successors and assigns, assigns any rights, remedies, obligations or liabilities under or by reason of this Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Dycom Industries Inc)

Binding Effect; Benefit. Subject to Section 7.7, this This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective permitted successors and assigns. Nothing in this Agreement, expressed or implied, is intended to confer on any Person person other than the parties hereto and their Affiliates or their respective permitted successors and assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement, other than rights conferred upon indemnified persons under Section 6 and rights conferred upon Permitted Transferees.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rocky Mountain Internet Inc)

Binding Effect; Benefit. Subject to Section 7.7, this This Agreement and all provisions hereof shall be binding upon and shall inure only to the benefit of and be binding upon the parties hereto and their respective permitted successors and permitted assigns; provided, however, that neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any party hereto without the prior written consent of the other parties. Nothing in Except for Indemnified Persons under Article VI, this Agreement, expressed or implied, Agreement is not intended to confer on upon any Person person or entity other than the parties hereto and their Affiliates any rights or their respective permitted successors and assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreementremedies hereunder.

Appears in 1 contract

Samples: Restructure Agreement (Nurescell Inc)

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