Common use of Binding Effect; Persons Benefiting; No Assignment Clause in Contracts

Binding Effect; Persons Benefiting; No Assignment. This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. Except as otherwise provided herein (including as to Indemnified Parties), nothing in this Agreement is intended or shall be construed to confer upon any Person other than the parties hereto and their respective successors and permitted assigns any right, remedy or claim under or by reason of this Agreement or any part hereof. This Agreement may not be assigned by any of the parties hereto without the prior written consent of each of the other parties hereto and any purported assignment or other transfer without such consent shall be void and unenforceable.

Appears in 3 contracts

Samples: Transaction Agreement and Plan of Merger (Merrill Lynch & Co Inc), Transaction Agreement and Plan of Merger (Merrill Lynch & Co Inc), Transaction Agreement and Plan of Merger (Blackrock Inc /Ny)

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Binding Effect; Persons Benefiting; No Assignment. This Agreement shall inure to the benefit of and be binding upon the parties hereto and their the respective successors successors, heirs, executors, representatives and permitted assignsassigns of the parties. Except as otherwise provided herein (including as to Indemnified Parties), nothing Nothing in this Agreement is intended or shall be construed to confer upon any Person entity or person other than the parties hereto and their respective successors and permitted assigns any right, remedy or claim under or by reason of this Agreement or any part hereof. This Agreement may not be assigned by any of the parties hereto Subject to Sections 2.12 and 6.18 hereof, without the prior written consent of each of the other parties hereto hereto, this Agreement and the rights hereunder may not be assigned by any purported assignment or other transfer without such consent shall be void and unenforceableof the parties hereto.

Appears in 1 contract

Samples: Purchase Agreement (Legg Mason Inc)

Binding Effect; Persons Benefiting; No Assignment. This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns. Except as otherwise provided herein (including as to Indemnified Parties), nothing in this Agreement is intended or shall be construed to confer upon any Person other than the parties hereto and their respective successors and permitted assigns any right, remedy or claim under or by reason of this Agreement or any part hereof. This Agreement may not be assigned by any of the parties hereto without the prior written consent of each of the other parties hereto and any purported assignment or other transfer without such consent shall be void and unenforceable.. Section 10.7

Appears in 1 contract

Samples: Transaction Agreement and Plan of Merger

Binding Effect; Persons Benefiting; No Assignment. This Agreement shall inure to the benefit of and be binding upon the parties hereto hereto, the Indemnified Parties and their the respective successors and permitted assignsassigns of such Persons. Except as otherwise provided herein (including as to Indemnified Parties)set forth in the preceding sentence, nothing in this Agreement is intended or shall be construed to confer upon any Person other than the parties hereto and their respective successors and permitted assigns any right, remedy or claim under or by reason of this Agreement or any part hereof. This Agreement may not be assigned by any of the parties hereto without Without the prior written consent of each of the other parties hereto hereto, this Agreement and the rights hereunder may not be assigned by any purported assignment or other transfer without such consent shall be void and unenforceablePerson.

Appears in 1 contract

Samples: Stock Purchase Agreement (Waddell & Reed Financial Inc)

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Binding Effect; Persons Benefiting; No Assignment. This Agreement shall inure to the benefit of and be binding upon the parties hereto Parties and their respective successors and permitted assigns. Except as otherwise provided herein (including as to Indemnified Parties), nothing Nothing in this Agreement is intended or shall be construed to confer upon any Person other than the parties hereto Parties and their respective successors and permitted assigns any right, remedy or claim under or by reason of this their Agreement or any part hereof. This Agreement may not be assigned by any of the parties hereto Party (other than Investor as described below) without the prior written consent of each of the other parties hereto Parties and any purported assignment or other transfer without such consent shall be void and unenforceable.

Appears in 1 contract

Samples: Investment Agreement (Hamilton Lane INC)

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