Common use of Binding Nature; Assignment Clause in Contracts

Binding Nature; Assignment. This Agreement shall be binding on the respective parties thereto and their respective permitted successors and assigns; provided, however, that University shall not assign, delegate, or otherwise transfer this Agreement or any of its rights or obligations to a third party without the prior written consent of AAI; any other attempted assignment shall be void.

Binding Nature; Assignment. This Agreement shall be binding on the respective parties thereto and their respective permitted successors and assigns; provided, however, that University shall Universityshall not assign, delegate, or otherwise transfer this Agreement or any of its rights or obligations to a third party thirdparty without the prior written consent of AAI; any other attempted otherattempted assignment shall be void.