Binding Upon Heirs Clause Samples
The "Binding Upon Heirs" clause ensures that the rights and obligations established in an agreement extend beyond the original parties to include their heirs, successors, and assigns. In practice, this means that if a party to the contract passes away or transfers their interests, their legal representatives or inheritors are still bound by the terms of the agreement. This clause is essential for maintaining the continuity and enforceability of contractual obligations, preventing parties from circumventing responsibilities through succession or assignment.
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Binding Upon Heirs. This Agreement shall bind each of the Partners and shall inure to the benefit of (subject to the Sections 9 and 10) and be binding upon their respective heirs, executors, administrators, devisees, legatees, successors and assigns.
Binding Upon Heirs. This Agreement binds the Optionor and Optionee and their respective heirs, legal representatives, successors and/or assigns. The Right of First Refusal and Option to Purchase in this agreement may be exercised by the heirs, successors and assigns, or the legal representatives thereof, of Optionee against the heirs, successors and assigns, or the legal representatives thereof, of the Optionor and the interests held by each in the Property. This Agreement is to be construed and interpreted under the laws of the State of North Carolina.
Binding Upon Heirs. This Agreement shall be binding upon and inure to the benefit of the heirs, representatives, successors and assigns to each of the parties.
Binding Upon Heirs. This agreement shall inure to the benefit of and be binding upon the parties hereto, their successors, heirs, personal representatives and assigns.
Binding Upon Heirs. The contract shall inure to the benefit of and be binding upon the parties hereto, their successors, heirs, personal representatives and assigns.
Binding Upon Heirs. It is further agreed and understood that all covenants and agreements in this lease shall extend to and be binding upon the heirs, executors, legal representatives and assigns of the respective parties hereto.