Common use of Burden and Benefit Clause in Contracts

Burden and Benefit. This Agreement shall be binding upon and shall inure to the benefit of, the parties hereto and their respective successors and permitted assigns. There are no third party beneficiaries of this Agreement; provided, however, that any Person that is not a party to this Agreement but, by the terms of Section 10.2, is entitled to indemnification, shall be considered a third party beneficiary of this Agreement, with full rights of enforcement as though such Person was a signatory to this Agreement.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Maxum Petroleum Holdings, Inc.), Agreement and Plan of Merger (Commerce Planet), Stock and Asset Purchase Agreement (Corporate Staffing Resources Inc)

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Burden and Benefit. This Agreement shall be binding upon upon, and shall inure to the benefit of, the parties hereto Members, and their respective heirs, executors, administrators, successors and permitted assigns. There are shall be no third party beneficiaries of this Agreement; provided, however, that any Person that is not a party to this Agreement but, by the terms of Section 10.2, is entitled to indemnification, shall be considered a third party beneficiary of this Agreement, with full rights of enforcement as though such Person was a signatory to this Agreement.

Appears in 5 contracts

Samples: Operating Agreement (Attitude Drinks Inc.), Operating Agreement (Attitude Drinks Inc.), Operating Agreement (Harrison Vickers & Waterman Inc)

Burden and Benefit. This Agreement shall be binding upon and shall inure to the benefit of, the parties hereto and their respective successors and permitted assigns. There are no third party beneficiaries of this Agreement; provided, however, that any Person that is not a party to this Agreement but, by the terms of Section 10.2, is entitled to indemnification, shall be considered a third party beneficiary of this Agreement, with full rights of enforcement as though such Person was a signatory to this Agreement.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Ams Health Sciences Inc), Agreement and Plan of Merger (Helpmate Robotics Inc), Agreement and Plan of Merger (Brush Creek Mining & Development Co Inc)

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Burden and Benefit. This Agreement shall be binding upon and shall inure to the benefit of, of the parties hereto and their respective successors and permitted assigns. There are shall be no third party beneficiaries of this Agreement; provided, however, that any Person that is not a party to this Agreement but, by the terms of Section 10.2, is entitled to indemnification, shall be considered a third party beneficiary of this Agreement, with full rights of enforcement as though such Person was a signatory to this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (BOSTON OMAHA Corp), Asset Purchase Agreement (BOSTON OMAHA Corp)

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