Common use of Binding Effect; Successors Clause in Contracts

Binding Effect; Successors. This Escrow Agreement shall be binding upon the respective parties hereto and their heirs, executors, successors or assigns. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the escrow contemplated by this Escrow Agreement) to another corporation, the successor or transferee corporation without any further act shall be the successor Escrow Agent.

Appears in 14 contracts

Samples: Escrow Agreement, Escrow Agreement, Escrow Agreement

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Binding Effect; Successors. This Escrow Agreement shall be binding upon the respective parties hereto and their heirs, executors, successors or and assigns. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the escrow contemplated by this Escrow Agreement) to to, another corporation, the successor or transferee corporation without any further act shall be the successor Escrow Agent.

Appears in 10 contracts

Samples: Member Representative Escrow Agreement (Rhino Resource Partners LP), Stock Escrow Agreement (Pure Bioscience, Inc.), Agreement and Plan of Demerger (Neophotonics Corp)

Binding Effect; Successors. This Escrow Agreement shall be binding upon the respective parties hereto and their heirs, executors, successors or and assigns. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the escrow contemplated by this Escrow Agreement) to to, another corporation, the successor or transferee corporation without any further act shall be the successor Escrow Agent.

Appears in 9 contracts

Samples: Cash Escrow Agreement (Haights Cross Communications Inc), Holdback Funds Agreement (Kronos Inc), Partnership Interest Purchase Agreement (Liberty Property Limited Partnership)

Binding Effect; Successors. This Escrow Agreement shall be binding upon the respective parties hereto to this Agreement and their respective heirs, executors, successors or and assigns. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the escrow contemplated by this Escrow Agreement) to to, another corporation, the successor or transferee corporation without any further act shall be the successor Escrow Agent.

Appears in 3 contracts

Samples: Break Up Escrow Agreement (GoFish Corp.), Escrow Agreement (GoFish Corp.), Share Exchange Agreement (A Consulting Team Inc)

Binding Effect; Successors. This Escrow Agreement shall be binding upon the respective parties hereto and their heirs, executors, successors or assigns. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the escrow contemplated by this Escrow Agreement) to another corporationentity, the successor or transferee corporation entity without any further act shall be the successor Escrow Agent.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Plantronics Inc /Ca/), Escrow Agreement (Bordes Peter a Jr), Membership Interest Purchase Agreement (Vocera Communications, Inc.)

Binding Effect; Successors. This Escrow Agreement shall be is binding upon the respective parties hereto Parties and their respective heirs, executors, successors or and permitted assigns. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its the Escrow Agent’s corporate trust business (including the escrow contemplated by this Escrow Agreement) to another corporation, the successor or transferee corporation without any further act shall will be the successor Escrow Agent.

Appears in 3 contracts

Samples: Restrictive Covenant Agreement (Pico Holdings Inc /New), Escrow Agreement (Computer Programs & Systems Inc), Escrow Agreement (Computer Programs & Systems Inc)

Binding Effect; Successors. This Escrow Agreement shall be binding upon the respective parties hereto and their heirs, executors, successors or assigns. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the escrow contemplated by this Escrow Agreement) to another corporationcorporation or association, the successor or transferee corporation without any further act entity shall be the successor Escrow AgentAgent without any further act.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Pattern Energy Group Inc.), Purchase and Sale Agreement

Binding Effect; Successors. This Escrow Agreement shall be binding upon the respective parties hereto and their heirs, executors, successors or and assigns. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the escrow contemplated by this Escrow Agreement) to to, another corporation, the successor or transferee corporation without any further act shall be the successor Escrow Agent.

Appears in 2 contracts

Samples: Interim Investment Advisory Agreement (Glenmede Fund Inc), Interim Investment Advisory Agreement (Glenmede Fund Inc)

Binding Effect; Successors. This Escrow Agreement shall be binding upon the respective parties hereto and their respective heirs, executors, successors or assigns. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the escrow contemplated by this Escrow Agreement) to another corporation, Escrow Agent shall so notify the Purchaser and Seller and the successor or transferee corporation without any further act shall be the successor Escrow AgentAgent for all purposes.

Appears in 2 contracts

Samples: Stock Issuance and Purchase Agreement (Uqm Technologies Inc), Escrow Agreement (Uqm Technologies Inc)

Binding Effect; Successors. This Escrow Agreement shall be binding upon the respective parties hereto and their heirs, executors, successors or assigns. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the escrow contemplated by this Escrow Agreement) to another corporationentity, the successor or transferee corporation entity without any further act shall be become the successor Escrow Agent.

Appears in 2 contracts

Samples: Escrow Agreement, Escrow Agreement

Binding Effect; Successors. This Escrow Agreement shall be binding upon the respective parties hereto and their heirs, executors, successors or assigns. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the escrow contemplated by this Escrow Agreement) to another corporation, the successor or transferee corporation without any further act shall be the successor Escrow Agent.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Aradigm Corp), Escrow Agreement (Aradigm Corp)

Binding Effect; Successors. This Escrow Agreement shall be binding upon the respective parties hereto and their heirs, executors, successors or and assigns. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the escrow contemplated by this Escrow Agreement) to to, another corporation, the successor or transferee corporation without any further act shall be the successor Escrow Agent.

Appears in 1 contract

Samples: Escrow Agreement (Manchester Technologies Inc)

Binding Effect; Successors. This Escrow Agreement shall be binding upon the respective parties hereto and their heirs, executors, successors or assigns. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the escrow contemplated by this Escrow Agreement) to another corporation, the successor or transferee corporation without any further act shall be the successor Escrow Agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Female Health Co)

Binding Effect; Successors. This Escrow Agreement shall be binding upon and inure to the respective benefit of the parties hereto and their respective heirs, executors, successors or and assigns. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the escrow contemplated by this Escrow Agreement) to to, another corporation, the successor or transferee corporation corporation, without any further act act, shall be the successor Escrow Agent.

Appears in 1 contract

Samples: Indemnification Escrow Agreement (Jamdat Mobile Inc)

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Binding Effect; Successors. This Escrow Agreement shall be binding upon the respective parties hereto and their heirs, executors, successors or and assigns. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the escrow contemplated by this Escrow Agreement) to to, another entity or corporation, the successor entity or transferee corporation without any further act shall be the successor Escrow Agent.

Appears in 1 contract

Samples: Escrow Agreement

Binding Effect; Successors. This Escrow Agreement shall be binding upon the respective parties hereto and their heirs, executors, successors or assigns. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the escrow contemplated by this Escrow Agreement) to another corporationentity, the successor or transferee corporation entity without any further act shall be the successor Escrow Agent.

Appears in 1 contract

Samples: Escrow Agreement (Female Health Co)

Binding Effect; Successors. This Escrow Agreement shall be binding upon the respective parties hereto and their heirs, executors, successors or and assigns. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the escrow contemplated by this Escrow Agreement) to to, another corporation, the successor or transferee corporation without any further act shall be the successor Escrow Agent.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ultralife Corp)

Binding Effect; Successors. This Escrow Agreement shall be binding upon the respective parties hereto and their heirs, executors, successors or and assigns. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the escrow contemplated by this Escrow Agreement) to to, another corporation, the successor or transferee corporation without any further act shall be the successor Escrow AgentAgent so long as such successor corporation meets the requirements of a successor Escrow Agent hereunder.

Appears in 1 contract

Samples: Purchase Agreement (Scottsburg Healthcare Center) (Global Healthcare Reit, Inc.)

Binding Effect; Successors. This Escrow Agreement shall be binding upon the respective parties hereto and their heirs, executors, successors or and assigns. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the escrow contemplated by this Escrow Agreement) to to, another entity or corporation, the successor entity or transferee corporation without any further act corporation, upon written notice to each of the Interested Parties, shall be the successor Escrow Agent.

Appears in 1 contract

Samples: Escrow Agreement (HeartWare International, Inc.)

Binding Effect; Successors. This Escrow Agreement shall be binding upon the respective parties hereto and their heirs, executors, successors or assigns; provided, however, that neither this Agreement nor any rights hereunder may be assigned without the written consent of each of the parties hereto. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the escrow contemplated by this Escrow Agreement) to another corporation, the successor or transferee corporation without any further act shall be the successor Escrow Agentescrow agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Home Bancshares Inc)

Binding Effect; Successors. This Escrow Agreement shall be binding upon the respective parties hereto and their heirs, executors, successors or and assigns. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the escrow contemplated by this Escrow Agreement) to to, another corporation, the successor or transferee corporation without any further act shall be the successor Escrow Agent.. (b)

Appears in 1 contract

Samples: Stock Purchase Escrow Agreement (Proguard Acquisition CORP)

Binding Effect; Successors. This Escrow Agreement shall be binding upon the respective parties hereto and their heirs, executors, respective successors or and permitted assigns. If the Escrow Agent consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business (including the escrow contemplated by this Escrow Agreement) to to, another corporationentity, the successor or transferee corporation entity without any further act shall be the successor Escrow Agent.

Appears in 1 contract

Samples: Stock and Asset Purchase Agreement (Kadant Inc)

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