Common use of Binding Effect; Successors and Assigns Clause in Contracts

Binding Effect; Successors and Assigns. This Agreement shall bind and inure to the benefit of the successors, heirs, personal and legal representatives and assigns of the parties hereto, including any direct or indirect successor by purchase, merger, consolidation or otherwise to all, substantially all or a substantial part of the business or assets of the Company. The Company shall require and cause any successor (whether direct or indirect, and whether by purchase, merger, consolidation or otherwise) to all, substantially all or a substantial part of the business or assets of the Company, by written agreement in form and substance satisfactory to the Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place.

Appears in 8 contracts

Samples: Indemnification Agreement (Bankwell Financial Group, Inc.), Indemnification Agreement (Bankwell Financial Group, Inc.), Indemnification Agreement (Newalliance Bancshares Inc)

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Binding Effect; Successors and Assigns. This Agreement shall bind and inure to the benefit of the successors, heirs, executors, personal and legal representatives and permitted assigns of the parties hereto, including any direct or indirect successor by purchase, merger, consolidation or otherwise to all, substantially all or a substantial part of the business or assets of the Company. The Company shall require and cause any successor (whether direct or indirect, and whether by purchase, merger, consolidation or otherwise) to all, substantially all or a substantial part of the business or assets of the Company, by written agreement in form and substance reasonably satisfactory to the Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place.

Appears in 5 contracts

Samples: Indemnification Agreement (Bitzio, Inc.), Indemnification Agreement (Bitzio, Inc.), Indemnification Agreement (Photowatt Technologies Inc.)

Binding Effect; Successors and Assigns. This Agreement shall bind and inure to the benefit of the successors, heirs, executors, personal and legal representatives and permitted assigns of the parties hereto, including any direct or indirect successor by purchase, merger, consolidation or otherwise to all, substantially all or a substantial part of the business or assets of the Company. The Company shall require and cause any successor (whether direct or indirect, and whether by purchase, merger, consolidation or otherwise) to all, substantially all or a substantial part of the business or assets of the Company, by written agreement in form and substance reasonably satisfactory to the Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place.. Bitzio Indemnification Agreement: 17-8-11

Appears in 5 contracts

Samples: Indemnification Agreement (Bitzio, Inc.), Indemnification Agreement (Bitzio, Inc.), Indemnification Agreement (Bitzio, Inc.)

Binding Effect; Successors and Assigns. This Agreement shall bind and be binding upon, inure to the benefit of and be enforceable by the Parties and their respective successors, heirs, personal and legal representatives and assigns of the parties hereto, (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all, all or substantially all or a substantial part of the business or assets of the Company), spouses, heirs and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirect, and whether by purchase, merger, consolidation or otherwise) to all, substantially all all, or a substantial part part, of the business or assets of the Company, by written agreement in form and substance satisfactory to the Indemnitee, Company expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place.

Appears in 3 contracts

Samples: Separation of Employment Agreement and Plenary Release (Discovery Laboratories Inc /De/), Separation of Employment Agreement and General Release (Discovery Laboratories Inc /De/), Separation of Employment Agreement and General Release (Discovery Laboratories Inc /De/)

Binding Effect; Successors and Assigns. This Agreement shall bind and inure to the benefit of the successors, heirs, personal and legal representatives and assigns of the parties hereto, including any direct or indirect successor by purchase, merger, consolidation or otherwise to all, substantially all or a substantial part of the business or assets of the Company. The Company shall require and cause any successor (whether direct or indirect, and whether by purchase, merger, consolidation or otherwise) to all, substantially all or a substantial part of the business or assets of the Company, by written agreement in form and substance satisfactory to the IndemniteeIndemnitee (acting reasonably), expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place.

Appears in 3 contracts

Samples: Indemnification Agreement (Liveperson Inc), Indemnification Agreement (Town Sports International Holdings Inc), Indemnification Agreement (Sybari Software, Inc.)

Binding Effect; Successors and Assigns. This Agreement shall bind be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors, heirs, personal and legal representatives and assigns of the parties heretoassigns, including any direct or indirect successor by purchase, merger, consolidation or otherwise to all, all or substantially all or a substantial part of the business or and/or assets of the Company, spouses, heirs and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirect, and whether indirect by purchase, merger, consolidation or otherwise) to all, substantially all all, or a substantial part part, of the business or and/or assets of the Company, by written agreement in form and substance satisfactory to the Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place.

Appears in 1 contract

Samples: Indemnification Agreement (Virtual Radiologic CORP)

Binding Effect; Successors and Assigns. This Agreement shall bind and inure to the benefit of the successors, heirs, personal and legal representatives and permitted assigns of the parties hereto, including any direct or indirect successor by purchase, merger, consolidation or otherwise to all, substantially all or a substantial part of the business or assets of the Company. The Company shall require and cause any successor (whether direct or indirect, and whether by purchase, merger, consolidation or otherwise) to all, substantially all or a substantial part of the business or assets of the Company, by written agreement in form and substance reasonably satisfactory to the Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place.

Appears in 1 contract

Samples: Indemnification Agreement (Open Text Corp)

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Binding Effect; Successors and Assigns. This Agreement shall bind be binding upon and inure to the benefit of the successors, heirs, personal and legal representatives and assigns of be enforceable by the parties heretohereto and their respective assigns, successors (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all, all or substantially all or a substantial part of the business or and/or assets of the Company), spouses, heirs, and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirect, and whether indirect by purchase, merger, consolidation or otherwise) to all, substantially all all, or a substantial part part, of the business or and/or assets of the Company, by written agreement in form and substance satisfactory to the Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place.

Appears in 1 contract

Samples: Indemnification Agreement (Cbot Holdings Inc)

Binding Effect; Successors and Assigns. This Agreement shall bind be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors, heirs, personal and legal representatives and assigns of the parties heretoassigns, including any direct or indirect successor by purchase, merger, consolidation or otherwise to all, all or substantially all or a substantial part of the business or assets of the Company, spouses, heirs, and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirect, and whether indirect by purchase, merger, consolidation or otherwise) to all, substantially all all, or a substantial part part, of the business or assets of the Company, by written agreement in form and substance satisfactory to the Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place.

Appears in 1 contract

Samples: Indemnification Agreement (Cam Commerce Solutions Inc)

Binding Effect; Successors and Assigns. This Agreement shall bind be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors, heirs, personal and legal representatives and assigns of the parties hereto, (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all, all or substantially all or a substantial part of the business or assets of the Company), spouses, heirs and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirect, and whether by purchase, merger, consolidation or otherwise) to all, substantially all all, or a substantial part part, of the business or assets of the Company, by written agreement in form and substance satisfactory to the Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place.

Appears in 1 contract

Samples: Indemnification Agreement (Encore Wire Corp)

Binding Effect; Successors and Assigns. This Agreement shall bind be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors, heirs, personal and legal representatives and assigns of the parties hereto, (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all, all or substantially all or a substantial part of the business or assets of the Company), spouses, heirs and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirect, and whether by purchase, merger, consolidation or otherwise) to all, substantially all all, or a substantial part part, of the business or assets of the Company, by written agreement in form and substance satisfactory to the IndemniteeIndemnified Person, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place.. This Agreement shall continue in effect regardless of

Appears in 1 contract

Samples: Indemnification Agreement (Silicon Energy Corp)

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