Common use of No Assignment; Binding Effect Clause in Contracts

No Assignment; Binding Effect. Neither this Stockholders Agreement nor any right, interest or obligation hereunder may be assigned by any parties hereto without the prior written consent of the other party hereto and any attempt to do so will be void. Subject to the preceding sentence, this Stockholders Agreement is binding upon, inures to the benefit of and is enforceable by the parties hereto and their respective successors and assigns and legal representatives.

Appears in 10 contracts

Samples: Stockholders Agreement (Entertainment Distribution Co Inc), Stockholders Agreement (Biotechnology Value Fund L P), Stockholders Agreement (Arena Pharmaceuticals Inc)

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No Assignment; Binding Effect. Neither this Stockholders Agreement nor any right, interest or obligation hereunder may be assigned by any parties party hereto without the prior written consent of the other party hereto and any attempt to do so will be void; provided, however, the Investors may assign its rights, interests and obligations hereunder to an Affiliate of such Investor pursuant to Section 3.01 without the prior written consent of the other Investor or the Company. Subject to the preceding sentence, this Stockholders Agreement is binding upon, inures to the benefit of and is enforceable by the parties hereto and their respective successors and assigns and legal representativesassigns.

Appears in 2 contracts

Samples: Stockholders Agreement (Edwardstone & Co Inc), Stockholders Agreement (Midmark Capital Lp)

No Assignment; Binding Effect. Neither this Stockholders Stock Sale Agreement nor any right, interest or obligation hereunder may be assigned by any parties party hereto without the prior written consent of the other party hereto and any attempt to do so will be void. Subject to the preceding sentence, this Stockholders Stock Sale Agreement is binding upon, inures to the benefit of and is enforceable by the parties hereto and their respective successors and assigns and legal representatives.

Appears in 1 contract

Samples: Stock Sale Agreement (Quality Dining Inc)

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No Assignment; Binding Effect. Neither this Stockholders Stockholder Agreement nor any right, interest or obligation hereunder may be assigned by any parties party hereto without the prior written consent of the other party hereto and any attempt to do so will be void. Subject to the preceding sentence, this Stockholders Stockholder Agreement is binding upon, inures to the benefit of and is enforceable by the parties hereto and their respective successors and assigns and legal representativesassigns.

Appears in 1 contract

Samples: Stockholder Agreement (Century Telephone Enterprises Inc)

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