Binding; transfer Sample Clauses
The 'Binding; transfer' clause establishes that the agreement is legally binding on the parties and their successors, and governs the conditions under which rights or obligations under the contract may be transferred to others. Typically, this clause specifies whether a party can assign or delegate its contractual duties or benefits to a third party, often requiring prior written consent from the other party. Its core function is to ensure continuity and control over who is responsible for or benefits from the contract, thereby preventing unwanted or unauthorized transfers that could affect the parties' interests.
Binding; transfer. Neither party shall transfer any of its rights and/or obligations under this Agreement without the prior written consent of other parties; however, the Investors shall have the right to transfer its rights, interests and obligations under this Agreement to its related parties without the consent of other parties. This Agreement shall be binding on and beneficial to the successors, inheritors, executors, administrators, and assignees of the parties to this Agreement.
Binding; transfer. The Agreement shall be binding upon the Parties, their respective successor and permitted transferee and shall be enforceable. The Parties may not transfer any of their rights or obligations hereunder without the prior written approval of other parties; however, Heroic Vision and Kunlun shall be entitled to transfer all or part of their respective rights and obligations hereunder to any of their respective affiliates without the prior consent of other parties.
Binding; transfer. No transfer of Shares shall be binding upon the Company or the remaining Shareholders until copies of all instruments executed and delivered pursuant to or in connection with that transfer have been delivered to the Company.