Common use of Binding Effect; No Third Party Benefit Clause in Contracts

Binding Effect; No Third Party Benefit. This Agreement will inure to the benefit of and be binding upon the parties hereto and their respective successors and assigns, subject to the restrictions on assignment contained in Section 8.3. Nothing express or implied in this Agreement is intended or will be construed to confer upon or give to a person, firm, or corporation other than the parties hereto any rights or remedies under or by reason of this Agreement or any transaction contemplated hereby, except for the provisions of Sections 4.3.5 and 4.4 concerning indemnification of current and former officers and directors of Dynamotion under the Merger Corp. Certificate.

Appears in 3 contracts

Samples: Agreement of Reorganization and Merger (Electro Scientific Industries Inc), Reorganization and Merger (Dynamotion Investment LLC), Agreement of Reorganization and Merger (Dynamotion/Ati Corp)

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Binding Effect; No Third Party Benefit. This Agreement will inure to the benefit of and be binding upon the parties hereto and their respective successors and assigns, subject to the restrictions on assignment contained in Section 8.3. Nothing express or implied in this Agreement is intended or will be construed to confer upon or give to a person, firm, or corporation other than the parties hereto any rights or remedies under or by reason of this Agreement or any transaction contemplated hereby, except for the provisions of Sections 4.3.5 4.3.4 and 4.4 concerning indemnification of current and former officers and directors of Dynamotion K-C under the Merger Corp. Certificate.

Appears in 1 contract

Samples: Agreement of Reorganization and Merger (Kti Inc)

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