Binding Effect; Duration Sample Clauses

The "Binding Effect; Duration" clause establishes that the terms of the agreement are legally enforceable on the parties involved and, in some cases, their successors or permitted assigns. It typically specifies that the obligations and rights outlined in the contract remain in force for a defined period, which may extend beyond the termination of the agreement for certain provisions. This clause ensures continuity and clarity regarding who is bound by the contract and for how long, thereby preventing disputes over enforceability and the longevity of contractual obligations.
Binding Effect; Duration. The rights and obligations set forth under this Marketing Agreement, including, but not limited to (i) the right of access by GEL to the Facility pursuant to Section 5.6(c) and (ii) payment of sums due to each Party under this Marketing Agreement, are obligations that run with the land so as to be forever binding upon the Parties and their respective heirs, personal representatives, administrators, successors and assigns. Lazarus hereby agrees that GEL may file appropriate documentation in the real property county records of any jurisdiction as deemed necessary in the sole discretion of GEL to provide notice to third parties of the terms, covenants and conditions of this Marketing Agreement.
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Binding Effect; Duration. The rights and obligations set forth under this Contract are obligations that run with the land so as to be forever binding upon the Parties and their respective heirs, personal representatives, administrators, successors and assigns. Owner hereby agrees that Contractor may file appropriate documentation in the real county records of any jurisdiction as deemed necessary in the sole discretion of Contractor to provide notice to third parties of the terms, covenants and conditions of this Contract.
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Binding Effect; Duration. This Agreement shall be in full force and effect from the Effective Date until 48 months thereafter, and shall be binding upon the Parties, their successors, and assigns. The Agreement shall be null and void if its terms are not carried out within forty-eight (48) months after the Effective Date unless the Parties agree in writing to extend the time for fulfilling its terms. Otherwise, this Agreement shall automatically terminate when the Sewer Work is complete, all of the above stipulations are fulfilled, and the SHPO has been provided with the final SHS. If the Parties do not agree to an extension for carrying out the terms of this Agreement, NPS shall comply with 36 CFR Part 800 for any portion of the undertaking that remains unfulfilled.
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Binding Effect; Duration. The rights and obligations set forth under this Agreement are obligations that run with the land so as to be forever binding upon the Parties and their respective heirs, personal representatives, administrators, successors and assigns. Lazarus hereby agrees that GEL may file appropriate documentation in the real property county records of any jurisdiction as deemed necessary in the sole discretion of GEL to provide notice to third parties of the terms, covenants and conditions ofthis Agreement.
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Related to Binding Effect; Duration

  • Binding Effect, Etc Any amendment or waiver consented to as provided in this Section 17 applies equally to all holders of Notes and is binding upon them and upon each future holder of any Note and upon the Company without regard to whether such Note has been marked to indicate such amendment or waiver. No such amendment or waiver will extend to or affect any obligation, covenant, agreement, Default or Event of Default not expressly amended or waived or impair any right consequent thereon. No course of dealing between the Company and the holder of any Note nor any delay in exercising any rights hereunder or under any Note shall operate as a waiver of any rights of any holder of such Note. As used herein, the term “this Agreement” and references thereto shall mean this Agreement as it may from time to time be amended or supplemented.

  • Binding Effect; Ratification (a) On and after the execution and delivery hereof, (i) this Amendment shall be a part of the Receivables Sale Agreement and (ii) each reference in the Receivables Sale Agreement to “this Agreement”, “hereof”, “hereunder” or words of like import, and each reference in any other Related Document to the Receivables Sale Agreement, shall mean and be a reference to such Receivables Sale Agreement as amended hereby. (b) Except as expressly amended hereby, the Receivables Sale Agreement shall remain in full force and effect and is hereby ratified and confirmed by the parties hereto.

  • Binding Effects This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors, legal representatives and assigns.

  • Binding Effect; Survival This Agreement shall be binding upon and inure to the benefit of any successors to the Company and all persons lawfully claiming under the Employee. The provisions of Section 5 shall survive the lapse of the Forfeiture Restrictions without forfeiture.

  • Binding Effect; Assignability This Agreement shall be binding upon and inure to the benefit of the Buyer and the Seller and their respective successors and permitted assigns. The Seller may not assign any of its rights hereunder or any interest herein without the prior written consent of the Buyer, except as provided in Section 3.11 or as otherwise herein specifically provided. This Agreement shall create and constitute the continuing obligations of the parties hereto in accordance with its terms, and shall remain in full force and effect until such time as the parties hereto shall agree.