Common use of Binding Effect; Modification Clause in Contracts

Binding Effect; Modification. This Modification Agreement shall be binding upon the parties hereto and their successors and permitted assigns and may not be further modified except by written agreement executed against the party against whom such modification is sought to be enforced.

Binding Effect; Modification. This Modification Agreement shall be binding upon on and shall inure to the benefit of the parties hereto and their successors and permitted assigns and may not only be further modified except by written agreement executed against of the parties. This Agreement may not be assigned, transferred, or conveyed by either party against whom without the prior written consent of the other, which consent may be granted in such modification is sought to be enforcedother party’s sole and absolute discretion.