Common use of Binding Effect; No Assignment Clause in Contracts

Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and permitted assigns. Nothing in this Agreement shall create or be deemed to create any third-party beneficiary rights in any Person not party to this Agreement, except as expressly stated herein. No assignment of this Agreement or of any rights or obligations hereunder may be made by any Party (by operation of law or otherwise), without the prior written consent of the other Parties, and any attempted assignment without such consent shall be void ab initio.

Appears in 4 contracts

Sources: Subscription and Contribution Agreement (CIM Opportunity Zone Fund, L.P.), Subscription and Contribution Agreement (CIM Opportunity Zone Fund, L.P.), Subscription and Contribution Agreement (CIM Opportunity Zone Fund, L.P.)

Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the Parties parties and their respective successors and permitted assigns. Nothing in this Agreement shall create or be deemed to create any third-third party beneficiary rights in any Person not party to this Agreement, except . Except as expressly stated herein. No permitted below, no assignment of this Agreement or of any rights or obligations hereunder may be made by any Party either party (by operation of law or otherwise), ) without the prior written consent of the other Parties, party hereto and any attempted assignment without such required consent shall be void ab initiovoid.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Hollywood Com Inc), Stock Purchase Agreement (Hollywood Media Corp)

Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the Parties parties and their respective successors successors, heirs, executors and permitted assigns. Nothing in this Agreement shall create or be deemed to create any third-party beneficiary rights in any Person not party to this Agreement, except as expressly stated hereinprovided in Section 7.1 hereof. No assignment of this Agreement or of any rights or obligations hereunder may be made by any Party party (by operation of law or otherwise), ) without the prior written consent of each of the other Parties, parties hereto and any attempted assignment without such consent required consents shall be void ab initiovoid.

Appears in 2 contracts

Sources: Acquisition Agreement (Be Aerospace Inc), Acquisition Agreement (Ryan Patrick L Trust 1998)

Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the Parties parties and their respective successors and permitted assigns. Nothing in this Agreement shall create or be deemed to create any third-third party beneficiary rights in any Person person or entity not a party to this Agreement, except as expressly stated herein. No assignment of this Agreement or of any rights or obligations hereunder may be made by any Party party (by operation of law or otherwise), ) without the prior written consent of the other Parties, party and any attempted assignment without such consent the required consents shall be void ab initiovoid.

Appears in 2 contracts

Sources: Tender Agreement (Intervideo Inc), Tender Agreement (Intervideo Inc)

Binding Effect; No Assignment. (a) This Agreement shall be binding upon and inure to the benefit of the Parties parties and their respective successors and permitted assigns. Nothing in this Agreement shall create or be deemed to create any third-third party beneficiary rights in any Person not party to this Agreement, except . Except as expressly stated herein. No permitted below, no assignment of this Agreement or of any rights or obligations hereunder may be made by any Party either party (by operation of law or otherwise), ) without the prior written consent of the other Parties, party hereto and any attempted assignment without such required consent shall be void ab initiovoid.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Big Entertainment Inc), Asset Purchase Agreement (Big Entertainment Inc)

Binding Effect; No Assignment. This Agreement shall be binding ----------------------------- upon and inure to the benefit of the Parties parties and their respective successors and permitted assigns. Nothing in this Agreement shall create or be deemed to create any third-third party beneficiary rights in any Person person or entity not party to this Agreement, except as expressly stated herein. No assignment of this Agreement or of any rights or obligations hereunder may be made by any Party party (by operation of law or otherwise), ) without the prior written consent of each of the other Parties, parties hereto and any attempted assignment without such consent required consents shall be void ab initiovoid.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Heartland Technology Inc), Asset Purchase Agreement (Imperial Credit Industries Inc)

Binding Effect; No Assignment. (a) This Agreement Ag1reement shall be binding upon and inure to the benefit of the Parties parties and their respective successors and permitted assigns. Nothing in this Agreement shall create or be deemed to create any third-third party beneficiary rights in any Person not party to this Agreement, except . Except as expressly stated herein. No permitted below, no assignment of this Agreement or of any rights or obligations hereunder may be made by any Party either party (by operation of law or otherwise), ) without the prior written consent of the other Parties, party hereto and any attempted assignment without such required consent shall be void ab initiovoid.

Appears in 1 contract

Sources: Asset Purchase Agreement (Hollywood Media Corp)

Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the Parties parties and their respective successors and permitted assigns. Nothing Except as expressly otherwise provided in Article X, nothing in this Agreement shall create or be deemed to create any third-third party beneficiary rights in any Person not party to this Agreement, except as expressly stated herein. No assignment of this Agreement or of any rights or obligations hereunder may be made by any Party party (by operation of law or otherwise), ) without the prior written consent of each of the other Parties, parties hereto and any attempted assignment without such consent required consents shall be void ab initio.void;

Appears in 1 contract

Sources: Stock Purchase Agreement (Kevco Inc)

Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the Parties parties and their respective successors and permitted assigns. Nothing in this Agreement shall create or be deemed to create any third-third party beneficiary rights in any Person or entity not party to this Agreement, except as expressly stated herein. No assignment of this Agreement or of any rights or obligations hereunder may be made by any Party party (by operation of law or otherwise), ) without the prior written consent of the other Parties, party hereto and any attempted assignment without such required consent shall be void ab initiovoid.

Appears in 1 contract

Sources: Asset Purchase Agreement (Imo Industries Inc)

Binding Effect; No Assignment. This Agreement Contract shall be binding upon and inure to the benefit of the Parties and their respective successors and permitted assigns. Nothing in this Agreement Contract shall create or be deemed to create any third-party beneficiary rights in any Person not party to this Agreement, except as expressly stated hereinContract. No assignment of this Agreement Contract or of any rights or obligations hereunder may be made by any Party (by operation of law Law or otherwise), ) without the prior written consent of the each other Parties, Party and any attempted assignment without such consent required consents shall be void ab initiovoid.

Appears in 1 contract

Sources: Stock Purchase Contract (Cci Group Inc)

Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and permitted assigns. Nothing in this Agreement shall create or be deemed to create any third-third party beneficiary rights in any Person not party to this Agreement, except as expressly stated herein. No assignment of this Agreement or of any rights or obligations hereunder may be made by any Party (by operation of law or otherwise), without the prior written consent of the other Parties, Party and any attempted assignment without such required consent shall be void ab initionull and void.

Appears in 1 contract

Sources: Intellectual Property and Other Asset Purchase Agreement (Cephalon Inc)

Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the Parties parties and their respective successors and permitted assigns. Nothing in this Agreement shall create or be deemed to create any third-third party beneficiary rights in any Person person not party to this Agreement, except as expressly stated herein. No assignment of this Agreement or of any rights or obligations hereunder may be made by any Party party (by operation of law or otherwise), ) without the prior written consent of the other Parties, party hereto and any attempted assignment without such required consent shall be void ab initiovoid.

Appears in 1 contract

Sources: Subscription Agreement (Vantage Drilling CO)

Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the Parties parties and their respective successors and permitted assigns. Nothing in this Agreement shall create or be deemed to create any third-third party beneficiary rights in any Person person or entity not party to this Agreement, except as expressly stated herein. No assignment of this This Agreement or of any rights or obligations hereunder may shall not be made assignable by any Party (by operation of law or otherwise), the parties hereto without the prior written consent of the other Partiesparties hereto. Notwithstanding the foregoing, each of the Purchasers may, without the consent of the other parties hereto, assign and delegate its obligations and rights hereunder with respect to all of the Assets and Business or any attempted assignment without such consent shall be void ab initio.part thereof to (i) any

Appears in 1 contract

Sources: Asset Sale Agreement (Fuqua Enterprises Inc)

Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the Parties parties and their respective successors and permitted assigns. Nothing Other than Sections 10.9 and 10.10, nothing in this Agreement shall create or be deemed to create any third-party beneficiary rights in any Person person or entity not party to this Agreement, except as expressly stated herein. No assignment of this Agreement or of any rights or obligations hereunder may be made by any Party party (by operation of law or otherwise), ) without the prior written consent of each of the other Parties, parties hereto and any attempted assignment without such consent required consents shall be void ab initiovoid.

Appears in 1 contract

Sources: Asset Purchase Agreement (Cypros Pharmaceutical Corp)

Binding Effect; No Assignment. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and permitted assigns. Nothing in this Agreement shall create or be deemed to create any third-third party beneficiary rights in any Person person or entity not a party to this Agreement, except as expressly stated herein. No assignment of this Agreement or of any rights or obligations hereunder may be made by any Party (by operation of law or otherwise), ) without the prior written consent of the other Parties, Party and any attempted assignment without such consent the required consents shall be void ab initiovoid.

Appears in 1 contract

Sources: Stock Purchase Agreement (Intervideo Inc)