Common use of Binding Effect; No Assignment Clause in Contracts

Binding Effect; No Assignment. This Agreement and all of its provisions, rights and obligations shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors, heirs and legal representatives. This Agreement may not be assigned (including by operation of Law) by any party hereto without the express written consent of Buyer (in the case of assignment by the Company) or the Company (in the case of assignment by Buyer or Parent) and any purported assignment, unless so consented to, shall be void and without effect.

Appears in 6 contracts

Sources: Stock Purchase and Recapitalization Agreement (WES Consulting, Inc.), Stock Purchase and Recapitalization Agreement (Liberator, Inc.), Stock Purchase and Recapitalization Agreement (Bico Inc/Pa)

Binding Effect; No Assignment. This Agreement and all of its provisions, rights and obligations shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors, heirs and legal representatives. This Agreement may not be assigned (including by operation of Law) by any party hereto without the express written consent of Buyer (in the case of assignment by the Company) or the Company (in the case of assignment by Buyer or ParentBuyer) and any purported assignment, unless so consented to, shall be void and without effect.

Appears in 4 contracts

Sources: Agreement and Plan of Reorganization (Bluestar Health, Inc.), Stock Purchase and Recapitalization Agreement (Bluestar Health, Inc.), Stock Purchase and Recapitalization Agreement (Bluestar Health, Inc.)

Binding Effect; No Assignment. This Agreement and all of its provisions, rights and obligations shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors, heirs successors and legal representativespermitted assigns. This Agreement may is not be assigned (including by operation of Law) assignable by any party hereto without the express prior written consent of the other party hereto except by operation of law after the Closing Date and any other purported assignment shall be null and void; provided, however, that the Buyer (in may assign this Agreement without the case consent of assignment by the Company) or Seller to any lenders to the Company (in the case of assignment by Buyer or Parent) and any purported assignment, unless so consented to, shall be void and without effectsubsequent purchaser of all or any part of the Business.

Appears in 4 contracts

Sources: Stock Purchase Agreement (Airxcel Inc), Stock Purchase Agreement (Airxcel Inc), Stock Purchase Agreement (Airxcel Inc)

Binding Effect; No Assignment. This Agreement and all of its provisions, rights and obligations shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors, heirs and legal representatives. This Agreement may not be assigned (including by operation of Law) by any party hereto without the express written consent of Buyer (in the case of assignment by the Company) Company or the Company (in the case of assignment by Buyer or Parent) Parent and any purported assignment, unless so consented to, shall be void and without effect.

Appears in 3 contracts

Sources: Stock Purchase and Recapitalization Agreement, Stock Purchase and Recapitalization Agreement (Optimum Interactive (USA) Ltd.), Stock Purchase and Recapitalization Agreement (Monogram Energy, Inc.)

Binding Effect; No Assignment. This Agreement and all of its provisions, rights and obligations shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors, heirs and legal representatives. This Agreement may not be assigned (including by operation of Law) by any party hereto without the express written consent of Buyer (in the case of assignment by the CompanyCompany or any Seller) or the Company Sellers (in the case of assignment by Buyer or ParentBuyer) and any purported assignment, unless so consented to, shall be void and without effect.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Preferred Employers Holdings Inc), Stock Purchase Agreement (Preferred Employers Holdings Inc)

Binding Effect; No Assignment. This Agreement and all of its provisions, rights and obligations shall be binding upon and shall inure to the benefit of each of the parties hereto to this Agreement and their respective successorsheirs, heirs personal representatives, and legal representativessuccessors and permitted assigns. This Agreement may not be assigned (including by operation of Law) by any No party hereto shall have the right to assign this Agreement without the express prior written consent of Buyer (in the case other parties hereto; provided, however, that Purchaser may assign its rights and obligations under this Agreement to a wholly-owned Subsidiary of Purchaser without the consent of the other parties hereto provided that no such assignment by the Company) or the Company (in the case shall relieve Purchaser of assignment by Buyer or Parent) and any purported assignment, unless so consented to, shall be void and without effectits obligations under this Agreement.

Appears in 1 contract

Sources: Merger Agreement (New Century Equity Holdings Corp)

Binding Effect; No Assignment. This Agreement and all of its provisions, rights and obligations shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors, heirs permitted assigns and legal representatives. This Agreement Neither this Agreement, nor any of the rights, interests or obligations hereunder, may not be assigned (including assigned, in whole or in part, by operation of Law) law or otherwise by any party hereto Brokerage without the express receipt of our prior written consent of Buyer (in the case of assignment by the Company) or the Company (in the case of assignment by Buyer or Parent) consent, and any purported assignment, unless such assignment that is not so consented to, to shall be void null and without effectvoid.

Appears in 1 contract

Sources: Broker Appointment Agreement

Binding Effect; No Assignment. This Agreement and all of its provisions, rights and obligations shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors, heirs and legal representatives. This Agreement may not be assigned (including by operation of Law) by any a party hereto without the express written consent of Buyer Buyers (in the case of assignment by Seller) or Seller (in the case of assignment by the Company) or the Company (in the case of assignment by Buyer , ▇▇▇▇▇▇▇, LLC or Parent) and any purported assignment, unless so consented toto in writing, shall be void and without effect.

Appears in 1 contract

Sources: Asset Purchase Agreement (Toymax International Inc)

Binding Effect; No Assignment. This Agreement and all of its provisions, rights and obligations shall be binding upon and shall inure to the benefit of the parties hereto and their respective successorssuccessors and permitted assigns. Neither this Agreement, heirs and legal representatives. This Agreement nor any right hereunder, may not be assigned (including by operation of Law) by any party hereto without the express written consent of the other party hereto; provided, however, that Buyer (in may assign the case right this Agreement to an any affiliate of Buyer. Any non-permitted assignment by the Company) or the Company (in the case of attempted assignment by Buyer or Parent) and any purported assignment, unless so consented to, shall be void and without effectvoid.

Appears in 1 contract

Sources: Asset Purchase Agreement (Global Tech Industries Group, Inc.)

Binding Effect; No Assignment. This Agreement agreement and all of its provisions, rights and obligations shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors, heirs and legal representatives. This Agreement may not be assigned (including by operation of Lawlaw) by any a party hereto hereto, other than in connection with a sale of such party (whether by merger, sale of assets or stock, or other form of transaction), without the express written consent of Buyer (in the case of assignment by the Company) or the Company (in the case of assignment by Buyer or Parent) non-assigning party and any purported assignment, unless so consented to, shall be void and without effect.

Appears in 1 contract

Sources: Joint Confidentiality Agreement (Technology Flavors & Fragrances Inc)

Binding Effect; No Assignment. This Agreement and all of its provisions, rights and obligations shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors, heirs and legal representatives. This Agreement may not be assigned (including by operation of Law) by any party hereto without the express written consent of Buyer (in the case of assignment by the CompanySeller) or the Company Seller (in the case of assignment by Buyer, except to an Affiliate of Buyer or Parentas to which no consent shall be required) and any purported assignment, unless so consented to, shall be void and without effect.

Appears in 1 contract

Sources: Equity Purchase Agreement (Sanomedics International Holdings, Inc)

Binding Effect; No Assignment. This Agreement and all of its provisions, rights and obligations shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors, heirs and legal representatives. This Agreement may not be assigned (including by operation of Law) by any party hereto without the express written consent of Buyer (in the case of assignment by the CompanyCompany or any Eyemakers) or the Company (in the case of assignment by Buyer or Parent) and any purported assignment, unless so consented to, shall be void and without effect.

Appears in 1 contract

Sources: Merger Agreement (Lasik America Inc)

Binding Effect; No Assignment. This Agreement and all of its provisions, rights and obligations shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors, heirs and legal representatives. This Agreement may not be assigned (including by operation of Law) by any party hereto without the express written consent of Buyer WES (in the case of assignment by the CompanyLiberator) or the Company Liberator (in the case of assignment by Buyer or ParentWES) and any purported assignment, unless so consented to, shall be void and without effect.

Appears in 1 contract

Sources: Merger Agreement (WES Consulting, Inc.)

Binding Effect; No Assignment. This Agreement and all of its provisions, rights and obligations shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors, heirs and legal representatives. This Agreement may not be assigned (including by operation of Law) by any a party hereto without the express written consent of Buyer (in the case of assignment by the CompanySeller) or the Company Seller (in the case of assignment by Buyer or ParentBuyer) and any purported assignment, unless so consented to, shall be void and without effect.

Appears in 1 contract

Sources: Asset Purchase Agreement (Toymax International Inc)

Binding Effect; No Assignment. This Agreement and all of its provisions, rights and obligations shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors, heirs and legal representatives. This Agreement may not be assigned (including by operation of Law) by any party hereto without the express written consent of Buyer ▇▇▇ (in the case of assignment by the CompanyLiberator) or the Company Liberator (in the case of assignment by Buyer or Parent▇▇▇) and any purported assignment, unless so consented to, shall be void and without effect.

Appears in 1 contract

Sources: Merger Agreement (WES Consulting, Inc.)