INURE Clause Samples

The "Inure" clause establishes that the rights and obligations set forth in an agreement will extend to and be binding upon the parties’ successors and permitted assigns. In practice, this means that if a party undergoes a merger, acquisition, or transfers its interests to another entity, the terms of the contract will continue to apply to the new party as if they were the original signatory. This clause ensures continuity and enforceability of the agreement, preventing parties from escaping their contractual duties through changes in ownership or structure.
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INURE. The parties herein agree that any transfer of right, title, power, control, or legal effect of ownership or management of the parties herein, including them individually and their respective entity or company by whatever manner or means shall unequivocally inure to this Agreement thereof by the same effect thereon and thereby this Agreement is a legal, binding, and enforceable contract upon the next party or parties thereof and shall repeat this legal incorporation by reference each time this transfer occurs in the future.
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INURE. This Agreement is inure to and binding upon the Parties and their successors and assigns.
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Related to INURE

  • Successors and Assigns Subject to applicable securities laws, this Warrant and the rights and obligations evidenced hereby shall inure to the benefit of and be binding upon the successors and permitted assigns of the Company and the successors and permitted assigns of Holder. The provisions of this Warrant are intended to be for the benefit of any Holder from time to time of this Warrant and shall be enforceable by the Holder or holder of Warrant Shares.

  • Binding Upon Successors and Assigns Subject to, and unless otherwise provided in, this Agreement, each and all of the covenants, terms, provisions, and agreements contained herein shall be binding upon, and inure to the benefit of, the permitted successors, executors, heirs, representatives, administrators and assigns of the parties hereto.

  • Successors and Assigns; Beneficiaries The provisions of this Agreement shall be binding upon and inure to the benefit of the respective successors and assigns of the parties hereto, and all such provisions shall inure to the benefit of the Certificateholders. No other person, including, without limitation, any Mortgagor, shall be entitled to any benefit or equitable right, remedy or claim under this Agreement.

  • Agreement Binding Upon Successors and Assigns This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors, assigns, executors, trustees or other legal representatives, but the rights and obligations of the parties hereunder may not be Transferred or delegated except as provided in this Agreement and any attempted Transfer or delegation thereof that is not made pursuant to the terms of this Agreement shall be void.

  • Heirs, Successors and Assigns Each and all of the covenants, terms, provisions and agreements herein contained shall be binding upon and inure to the benefit of the parties hereto and, to the extent permitted by this Agreement, their respective heirs, legal representatives, successors and assigns.