Common use of Binding Nature; Assignment Clause in Contracts

Binding Nature; Assignment. This Agreement and all of the provisions hereof will be binding upon and inure to the benefit of and be enforceable by the respective successors and permitted assigns of the parties hereto. Neither party hereto may assign (whether by operation of Law or otherwise) this Agreement or any rights, interests or obligations provided by this Agreement without the prior written consent of the other party hereto; provided, however, that the Investor may assign this Agreement and any or all rights, interests and obligations under this Agreement to any Holders upon prior written notice to the Company. For the sake of clarity, each transferee of Shares in connection with an assignment permitted by the previous sentence shall be deemed to be a “Holder” for purposes of this Agreement and Company shall have recourse against any Holders for breaches of this Agreement. Any attempted assignment in violation of this Section 6.04 shall be void ab initio.

Binding Nature; Assignment. This Agreement and all of the provisions hereof will be binding upon and inure to the benefit of and be enforceable by the respective successors and permitted assigns of the parties hereto. Neither party hereto to this Agreement may assign (whether by operation of Law law or otherwise) this Agreement or any rights, interests or obligations provided by this Agreement without the prior written consent of the other party heretoparty; provided, however, that the Investor may Transfer any or all of the Shares or other Registrable Securities and assign this Agreement and any or all rights, interests or obligations hereunder to an Affiliate of the Investor and obligations under any such Affiliate of the Investor may further assign this Agreement and any or all its rights, interests or obligations hereunder to any Holders upon prior written notice to other Affiliate of the CompanyInvestor. For the sake of clarity, each transferee of Shares as permitted in connection with an assignment permitted by the previous sentence shall be deemed to be a “Holder” for purposes of this Agreement and Company shall have recourse against any Holders for breaches of this Agreement. Any attempted assignment in violation of this Section 6.04 4.5 shall be void ab initio.