Common use of Binding Effect; Benefits; Assignment Clause in Contracts

Binding Effect; Benefits; Assignment. All of the terms of this Agreement shall be binding upon, inure to the benefit of and be enforceable by and against Seller and its successors and authorized assigns, and Buyer and its successors and authorized assigns. Nothing in this Agreement, express or implied, is intended to confer upon any other person any rights or remedies under or by reason of this Agreement except as expressly indicated herein. Neither Seller nor Buyer shall assign any of their respective rights or obligations under this Agreement to any other person, firm or corporation without the prior written consent of the other party, except that Buyer may assign its rights and obligations under this Agreement to a direct or indirect wholly-owned subsidiary of Buyer, although Buyer shall remain fully responsible for all of its obligations under this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (VDC Corp LTD), Asset Purchase Agreement (VDC Corp LTD)

AutoNDA by SimpleDocs

Binding Effect; Benefits; Assignment. All Upon the entry of an Order by the Court approving this Agreement, all of the terms of this Agreement shall be binding upon, inure to the benefit of and be enforceable by and against Seller and its successors and authorized assigns, and Buyer and its successors and authorized assigns. Nothing in this Agreement, express or implied, is intended to confer upon any other person any rights or remedies under or by reason of this Agreement except as expressly indicated herein. Neither Seller nor Buyer shall assign any of their respective rights or obligations under this Agreement to any other person, firm or corporation without the prior written consent of the other party, except that Buyer may assign its rights and obligations under this Agreement to a direct or indirect wholly-owned subsidiary of Buyer, although Buyer shall remain fully responsible for all of its obligations under this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (VDC Corp LTD), Asset Purchase Agreement (VDC Corp LTD)

Binding Effect; Benefits; Assignment. All of the The terms of this Agreement shall be binding upon, inure to the benefit of and be enforceable by and against Seller and its successors and authorized assigns, and Buyer and its successors and authorized assigns. Nothing in this Agreement, express or implied, is intended to confer upon any other person any rights or remedies under or by reason of this Agreement except as expressly indicated herein. Neither Seller nor Buyer shall assign any of their respective rights or obligations under this Agreement to any other person, firm or corporation without the prior written consent of the other party, except that Buyer may assign its rights and obligations under this Agreement to a direct or indirect wholly-owned subsidiary of BuyerOsage, although Buyer shall remain fully responsible for all of its obligations under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Intranet Solutions Inc)

Binding Effect; Benefits; Assignment. All of the terms of this Agreement shall will be binding upon, inure to the benefit of and be enforceable by and against Seller and its the successors and authorized assigns, and assigns of Buyer and its successors and authorized assignsSellers. Nothing Except as otherwise expressly provided in this Agreement, nothing in this Agreement, express or implied, is intended to confer upon any other person Person any rights or remedies under or by reason of this Agreement, this Agreement except as expressly indicated hereinbeing for the exclusive benefit of the Parties and their respective successors and assigns. Neither Buyer on one hand nor any Seller nor Buyer shall on the other hand will assign any of their its, his or her respective rights or obligations under this Agreement to any other person, firm or corporation Person without the prior written consent of the other partyother, except which shall not be unreasonably withheld, provided, however, that Buyer may assign all or part of its rights and obligations under interest in this Agreement (without the written consent of any Seller) to a direct one or indirect wholly-owned subsidiary of Buyer, although Buyer shall remain fully responsible for all of its obligations under this Agreementmore Affiliates.

Appears in 1 contract

Samples: Stock Purchase Agreement (Universal Communication Systems Inc)

AutoNDA by SimpleDocs

Binding Effect; Benefits; Assignment. All of the terms of this ------------------------------------ Agreement shall be binding upon, inure to the benefit of and be enforceable by and against Seller and its successors and authorized assigns, and Buyer and its successors and authorized assigns. Nothing in this Agreement, express or implied, is intended to confer upon any other person any rights or remedies under or by reason of this Agreement except as expressly indicated herein. Neither Seller nor Buyer shall assign any of their respective rights or obligations under this Agreement to any other person, firm or corporation without the prior written consent of the other party, except that Buyer may assign its rights and obligations under this Agreement to a direct or indirect wholly-owned subsidiary of Buyer, although Buyer shall remain fully responsible for all of its obligations under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Portacom Wireless Inc/)

Binding Effect; Benefits; Assignment. All Upon the entry of an Order by ------------------------------------ the Court approving this Agreement, all of the terms of this Agreement shall be binding upon, inure to the benefit of and be enforceable by and against Seller and its successors and authorized assigns, and Buyer and its successors and authorized assigns. Nothing in this Agreement, express or implied, is intended to confer upon any other person any rights or remedies under or by reason of this Agreement except as expressly indicated herein. Neither Seller nor Buyer shall assign any of their respective rights or obligations under this Agreement to any other person, firm or corporation without the prior written consent of the other party, except that Buyer may assign its rights and obligations under this Agreement to a direct or indirect wholly-owned subsidiary of Buyer, although Buyer shall remain fully responsible for all of its obligations under this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Portacom Wireless Inc/)

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