{"component": "clause", "props": {"groups": [{"samples": [{"hash": "9ftXhzP4Toz", "uri": "/contracts/9ftXhzP4Toz#binding-effect-benefit", "label": "Shareholder Agreement", "score": 31.3408622742, "published": true}, {"hash": "ibDpsVsiVhu", "uri": "/contracts/ibDpsVsiVhu#binding-effect-benefit", "label": "Securityholders' Agreement", "score": 29.3408622742, "published": true}, {"hash": "dKbXRpg21F3", "uri": "/contracts/dKbXRpg21F3#binding-effect-benefit", "label": "Shareholder Agreement", "score": 29.3408622742, "published": true}], "size": 626, "snippet_links": [{"key": "inure-to-the-benefit", "type": "clause", "offset": [21, 41]}, {"key": "binding-upon", "type": "clause", "offset": [52, 64]}, {"key": "the-parties-hereto", "type": "clause", "offset": [65, 83]}, {"key": "legal-representatives", "type": "definition", "offset": [124, 145]}, {"key": "permitted-assigns", "type": "definition", "offset": [150, 167]}, {"key": "nothing-in-this-agreement", "type": "clause", "offset": [169, 194]}, {"key": "to-confer", "type": "definition", "offset": [230, 239]}, {"key": "any-person", "type": "definition", "offset": [243, 253]}], "snippet": "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. Nothing in this Agreement, expressed or implied, is intended to confer on any Person other than the parties hereto, and their respective heirs, successors, legal representatives and permitted assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement.", "hash": "f047f2bc423ccf466b0c407071db3828", "id": 1}, {"samples": [{"hash": "hoiYjLVUHx2", "uri": "/contracts/hoiYjLVUHx2#binding-effect-benefit", "label": "Escrow Agreement (T. Rowe Price OHA Select Private Credit Fund)", "score": 32.6344985962, "published": true}, {"hash": "e52l3oOV3lF", "uri": "/contracts/e52l3oOV3lF#binding-effect-benefit", "label": "Escrow Agreement (T. Rowe Price OHA Select Private Credit Fund)", "score": 32.2429847717, "published": true}, {"hash": "f3V6p0yMhqI", "uri": "/contracts/f3V6p0yMhqI#binding-effect-benefit", "label": "Escrow Agreement (Nuveen Churchill Private Capital Income Fund)", "score": 31.5147151947, "published": true}], "size": 238, "snippet_links": [{"key": "this-agreement", "type": "clause", "offset": [0, 14]}, {"key": "binding-upon", "type": "clause", "offset": [24, 36]}, {"key": "inure-to-the-benefit", "type": "clause", "offset": [41, 61]}, {"key": "permitted-successors-and-assigns", "type": "clause", "offset": [69, 101]}, {"key": "the-parties-hereto", "type": "clause", "offset": [105, 123]}], "snippet": "This Agreement shall be binding upon and inure to the benefit of the permitted successors and assigns of the parties hereto.", "hash": "7432ad3a5331263d100db33858f4f935", "id": 2}, {"samples": [{"hash": "zLCeGWZHY0", "uri": "/contracts/zLCeGWZHY0#binding-effect-benefit", "label": "Limited Liability Company Agreement (Chicagoland Television News, LLC)", "score": 25.2258720398, "published": true}, {"hash": "wTzJ8wh5iP", "uri": "/contracts/wTzJ8wh5iP#binding-effect-benefit", "label": "Limited Liability Company Agreement (Chicagoland Television News, LLC)", "score": 25.2258720398, "published": true}, {"hash": "sUZB3NfT45", "uri": "/contracts/sUZB3NfT45#binding-effect-benefit", "label": "Limited Liability Company Agreement (Chicagoland Television News, LLC)", "score": 25.2258720398, "published": true}], "size": 115, "snippet_links": [{"key": "this-agreement", "type": "clause", "offset": [0, 14]}, {"key": "binding-upon", "type": "clause", "offset": [24, 36]}, {"key": "inure-to-the-benefit", "type": "clause", "offset": [47, 67]}, {"key": "the-member", "type": "definition", "offset": [71, 81]}, {"key": "and-the-company", "type": "clause", "offset": [82, 97]}, {"key": "indemnified-persons", "type": "definition", "offset": [103, 122]}, {"key": "personal-representatives", "type": "clause", "offset": [169, 193]}], "snippet": "This Agreement shall be binding upon and shall inure to the benefit of the Member and the Company, all Indemnified Persons and their respective estates, heirs, legal or personal representatives, executors, administrators, receivers, trustees, successors, assignees and/or transferees.", "hash": "4c08e3f3f4903417a3d75eef3698e4bc", "id": 3}, {"samples": [{"hash": "k35C1qd1VL5", "uri": "/contracts/k35C1qd1VL5#binding-effect-benefit", "label": "Employment Agreement (CleanCore Solutions, Inc.)", "score": 36.0171127319, "published": true}, {"hash": "bzSj29wjLl7", "uri": "/contracts/bzSj29wjLl7#binding-effect-benefit", "label": "Employment Agreement (CleanCore Solutions, Inc.)", "score": 34.7713890076, "published": true}, {"hash": "h5612BuzPPw", "uri": "/contracts/h5612BuzPPw#binding-effect-benefit", "label": "Employment Agreement (Saddle Ranch Media, Inc.)", "score": 34.6276512146, "published": true}], "size": 69, "snippet_links": [{"key": "employment-agreement", "type": "definition", "offset": [5, 25]}, {"key": "inure-to-the-benefit", "type": "clause", "offset": [32, 52]}, {"key": "binding-upon", "type": "clause", "offset": [63, 75]}, {"key": "the-parties-hereto", "type": "clause", "offset": [76, 94]}, {"key": "successors-and-assigns", "type": "definition", "offset": [103, 125]}, {"key": "required-by", "type": "definition", "offset": [139, 150]}, {"key": "to-confer", "type": "definition", "offset": [244, 253]}, {"key": "any-person", "type": "definition", "offset": [257, 267]}], "snippet": "This Employment Agreement shall inure to the benefit of and be binding upon the parties hereto and any successors and assigns permitted or required by Section 7(f) hereof. Nothing in this Employment Agreement, expressed or implied, is intended to confer on any person other than the parties hereto or such successors and assigns, any rights, remedies, obligations or liabilities under or by reason of this Employment Agreement.", "hash": "fdaa917eb709218fd5b46f80bf6e418f", "id": 4}, {"samples": [{"hash": "iLZ5XJQNBw4", "uri": "/contracts/iLZ5XJQNBw4#binding-effect-benefit", "label": "Stockholders Agreement (Cable Systems Holding LLC)", "score": 18.0, "published": true}, {"hash": "b10KUD7z4zC", "uri": "/contracts/b10KUD7z4zC#binding-effect-benefit", "label": "Investors Agreement (Ipc Information Systems Inc)", "score": 18.0, "published": true}, {"hash": "8VMdOXBBst2", "uri": "/contracts/8VMdOXBBst2#binding-effect-benefit", "label": "Investors Agreement (Ipc Information Systems Inc)", "score": 18.0, "published": true}], "size": 28, "snippet_links": [{"key": "inure-to-the-benefit", "type": "clause", "offset": [21, 41]}, {"key": "binding-upon", "type": "clause", "offset": [52, 64]}, {"key": "the-parties-hereto", "type": "clause", "offset": [65, 83]}, {"key": "legal-representatives", "type": "definition", "offset": [124, 145]}, {"key": "permitted-assigns", "type": "definition", "offset": [150, 167]}, {"key": "except-as-expressly-provided", "type": "clause", "offset": [169, 197]}, {"key": "nothing-in-this-agreement", "type": "clause", "offset": [225, 250]}, {"key": "to-confer", "type": "definition", "offset": [286, 295]}, {"key": "any-person", "type": "definition", "offset": [299, 309]}], "snippet": "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. Except as expressly provided in Sections 5.05 and 5.06, nothing in this Agreement, expressed or implied, is intended to confer on any Person other than the parties hereto, and their respective heirs, successors, legal representatives and permitted assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement.", "hash": "515cf761c28836d62c9ff8f01dfdabe5", "id": 5}, {"samples": [{"hash": "3KnsFyMK1Vc", "uri": "/contracts/3KnsFyMK1Vc#binding-effect-benefit", "label": "Registration Rights Agreement (SecureWorks Corp)", "score": 27.3189601898, "published": true}, {"hash": "cd75JxMbX6m", "uri": "/contracts/cd75JxMbX6m#binding-effect-benefit", "label": "Registration Rights Agreement (SecureWorks Corp)", "score": 27.2203960419, "published": true}, {"hash": "kPi9UcxONta", "uri": "/contracts/kPi9UcxONta#binding-effect-benefit", "label": "Registration Rights Agreement (SecureWorks Corp)", "score": 26.9575634003, "published": true}], "size": 23, "snippet_links": [{"key": "inure-to-the-benefit", "type": "clause", "offset": [21, 41]}, {"key": "binding-upon", "type": "clause", "offset": [52, 64]}, {"key": "the-parties-hereto", "type": "clause", "offset": [65, 83]}, {"key": "section-15", "type": "definition", "offset": [197, 207]}, {"key": "provisions-of-this-agreement", "type": "clause", "offset": [232, 260]}, {"key": "benefit-of-the-holders", "type": "clause", "offset": [278, 300]}, {"key": "purported-assignment", "type": "clause", "offset": [353, 373]}, {"key": "null-and-void", "type": "clause", "offset": [383, 396]}, {"key": "except-to-the-extent", "type": "clause", "offset": [398, 418]}, {"key": "section-12", "type": "clause", "offset": [435, 445]}, {"key": "nothing-in-this-agreement", "type": "clause", "offset": [447, 472]}, {"key": "to-confer", "type": "definition", "offset": [508, 517]}, {"key": "any-person", "type": "definition", "offset": [523, 533]}, {"key": "the-company", "type": "definition", "offset": [545, 556]}, {"key": "successors-and-permitted-assignees", "type": "clause", "offset": [591, 625]}, {"key": "registrable-securities", "type": "definition", "offset": [729, 751]}, {"key": "a-holder", "type": "definition", "offset": [757, 765]}, {"key": "successor-or-assignee", "type": "clause", "offset": [790, 811]}], "snippet": "This Agreement shall inure to the benefit of and be binding upon the parties hereto, any Holder and any successor and permitted assignee thereof; provided, however, that, except as provided for in Section 15, this Agreement and the provisions of this Agreement that are for the benefit of the Holders shall not be assignable by any Holder, and any such purported assignment shall be null and void. Except to the extent provided for in Section 12, nothing in this Agreement, expressed or implied, is intended to confer upon any Person other than the Company, the Holders and their respective successors and permitted assignees any rights, remedies, obligations or liabilities under or by reason of this Agreement. No purchaser of Registrable Securities from a Holder shall be deemed to be a successor or assignee of such Holder merely by reason of such purchase.", "hash": "a45148b30197bda92129feb5475d2001", "id": 6}, {"samples": [{"hash": "Ij1WIFjcR", "uri": "/contracts/Ij1WIFjcR#binding-effect-benefit", "label": "Exchange Agreement (Royster-Clark Nitrogen Realty LLC)", "score": 18.0, "published": true}, {"hash": "5f0apQUQcvA", "uri": "/contracts/5f0apQUQcvA#binding-effect-benefit", "label": "Exchange Agreement (Royster-Clark Nitrogen Realty LLC)", "score": 18.0, "published": true}], "size": 20, "snippet_links": [{"key": "inure-to-the-benefit", "type": "clause", "offset": [21, 41]}, {"key": "binding-upon", "type": "clause", "offset": [52, 64]}, {"key": "the-parties-hereto", "type": "clause", "offset": [65, 83]}, {"key": "section-65", "type": "clause", "offset": [152, 163]}, {"key": "in-respect-of", "type": "definition", "offset": [167, 180]}, {"key": "stockholder-indemnitee", "type": "definition", "offset": [204, 226]}, {"key": "party-hereto", "type": "definition", "offset": [242, 254]}, {"key": "nothing-in-this-agreement", "type": "clause", "offset": [256, 281]}, {"key": "any-person", "type": "definition", "offset": [319, 329]}, {"key": "respective-successors-and-permitted-assigns", "type": "clause", "offset": [371, 414]}, {"key": "third-party-beneficiary-rights", "type": "clause", "offset": [513, 543]}], "snippet": "This Agreement shall inure to the benefit of and be binding upon the parties hereto, and their successors and permitted assigns. Except as set forth in Section 6.5 or in respect of any RCGI Indemnitee or Stockholder Indemnitee which is not a party hereto, nothing in this Agreement, express or implied, shall confer on any person other than the parties hereto, and their respective successors and permitted assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement, including third party beneficiary rights.", "hash": "17c3e9771780d322983cbc071ee17982", "id": 7}, {"samples": [{"hash": "geYbKlh1VQV", "uri": "/contracts/geYbKlh1VQV#binding-effect-benefit", "label": "Asset Purchase Agreement (Di Industries Inc)", "score": 18.0, "published": true}, {"hash": "6mNyIXDxJ6n", "uri": "/contracts/6mNyIXDxJ6n#binding-effect-benefit", "label": "Asset Purchase Agreement (Diamond Offshore Drilling Inc)", "score": 18.0, "published": true}], "size": 15, "snippet_links": [], "snippet": "29 10.5 Assignability............................................ 29 10.6", "hash": "f7fa97d9f32749c9d90622d9ad88019f", "id": 8}, {"samples": [{"hash": "efrpvcQrKr6", "uri": "/contracts/efrpvcQrKr6#binding-effect-benefit", "label": "Asset Purchase Agreement (Nur Macroprinters LTD)", "score": 18.0, "published": true}, {"hash": "5yhkvCW8wk8", "uri": "/contracts/5yhkvCW8wk8#binding-effect-benefit", "label": "Asset Purchase Agreement (Nur Macroprinters LTD)", "score": 16.0, "published": true}], "size": 14, "snippet_links": [{"key": "inure-to-the-benefit", "type": "clause", "offset": [21, 41]}, {"key": "binding-upon", "type": "clause", "offset": [52, 64]}, {"key": "the-parties-hereto", "type": "clause", "offset": [65, 83]}, {"key": "permitted-assigns", "type": "definition", "offset": [106, 123]}, {"key": "legal-representatives", "type": "definition", "offset": [128, 149]}, {"key": "nothing-in-this-agreement", "type": "clause", "offset": [151, 176]}, {"key": "to-confer", "type": "definition", "offset": [210, 219]}, {"key": "any-person", "type": "definition", "offset": [223, 233]}], "snippet": "This Agreement shall inure to the benefit of and be binding upon the parties hereto and their successors, permitted assigns and legal representatives. Nothing in this Agreement, express or implied, is intended to confer on any person other than the parties hereto and their respective successors, permitted assigns and legal representatives any rights, remedies, obligations or liabilities under or by reason of this Agreement.", "hash": "3be77f83c3e83f1e0579bfccec48247d", "id": 9}, {"samples": [{"hash": "71Z7aXsn82O", "uri": "/contracts/71Z7aXsn82O#binding-effect-benefit", "label": "Advisory Agreement (Highbridge Commodities FuturesAccess LLC)", "score": 22.9739894867, "published": true}, {"hash": "8dL3xrNuzuh", "uri": "/contracts/8dL3xrNuzuh#binding-effect-benefit", "label": "Advisory Agreement (ML BlueTrend FuturesAccess LLC)", "score": 22.1991786957, "published": true}, {"hash": "hc9U4BL6AFq", "uri": "/contracts/hc9U4BL6AFq#binding-effect-benefit", "label": "Advisory Agreement (Man AHL FuturesAccess LLC)", "score": 21.7556476593, "published": true}], "size": 12, "snippet_links": [{"key": "this-agreement", "type": "clause", "offset": [0, 14]}, {"key": "binding-upon", "type": "clause", "offset": [24, 36]}, {"key": "the-parties-hereto", "type": "clause", "offset": [71, 89]}, {"key": "persons-indemnified", "type": "clause", "offset": [95, 114]}, {"key": "permitted-successors", "type": "definition", "offset": [155, 175]}, {"key": "legal-representatives", "type": "definition", "offset": [229, 250]}, {"key": "permitted-assigns", "type": "definition", "offset": [262, 279]}], "snippet": "This Agreement shall be binding upon and shall inure to the benefit of the parties hereto, all persons indemnified hereunder and their respective estates, permitted successors, transferees, custodians, executors, administrators, legal representatives, heirs and permitted assigns.", "hash": "bc291e4b8a29909f4e60762bb04d15af", "id": 10}], "next_curs": "Cl8SWWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjsLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ih9iaW5kaW5nLWVmZmVjdC1iZW5lZml0IzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"parents": [["miscellaneous", "Miscellaneous"], ["miscellaneous-provisions", "Miscellaneous Provisions"], ["other-provisions", "Other Provisions"], ["general-provisions", "General Provisions"], ["amendment-and-modification", "Amendment and Modification"]], "size": 1373, "title": "Binding Effect; Benefit", "children": [["", ""], ["amount", "Amount"]], "id": "binding-effect-benefit", "related": [["binding-effect-benefits", "Binding Effect; Benefits", "<strong>Binding Effect; Benefits</strong>"], ["binding-effect-assignability-benefit", "Binding Effect; Assignability; Benefit", "Binding Effect; Assignability; Benefit"], ["binding-effect-benefit-assignment", "Binding Effect; Benefit; Assignment", "<strong>Binding Effect; Benefit</strong>; Assignment"], ["binding-effects-benefits", "Binding Effects; Benefits", "Binding Effects; Benefits"], ["binding-effect-benefit-of-agreement", "Binding Effect; Benefit of Agreement", "<strong>Binding Effect; Benefit</strong> of Agreement"]], "related_snippets": [], "updated": "2026-05-30T06:04:11+00:00", "also_ask": ["How can the Binding Effect clause be leveraged to ensure third-party successors are bound?", "What essential language must be included to avoid ambiguity in the scope of 'benefit'?", "What are the main risks if the clause fails to address assignment or delegation?", "How does this clause compare to standard formulations in similar agreements?", "What factors do courts consider when determining enforceability of Binding Effect provisions?"], "drafting_tip": "Specify parties bound, clarify successors and assigns, and limit third-party beneficiaries to ensure enforceability and prevent unintended obligations.", "explanation": "The \"Binding Effect; Benefit\" clause establishes that the terms of the agreement are legally enforceable and apply to all parties involved, as well as their successors and permitted assigns. In practice, this means that if a party is acquired, merges, or otherwise transfers its rights and obligations, the agreement remains in force for the new entity. This clause ensures continuity and stability in contractual relationships by preventing parties from escaping their obligations through changes in ownership or structure."}, "json": true, "cursor": ""}}