Common use of Nondivision Clause in Contracts

Nondivision. No Person will anticipate, alienate, hypothecate, divide, pledge, exchange, encumber, or charge any right to payment (if any) under this Agreement, and any attempt to anticipate, alienate, hypothecate, divide, pledge, exchange, encumber, or charge any right to payment under this Agreement will be void. No right or benefit hereunder shall in any manner be liable for or subject to the debts, contracts, liabilities or torts of the Person entitled to such benefit (if any such benefit arises).

Appears in 4 contracts

Samples: Exclusive Product Purchase and Sub License Agreement (Ecosphere Technologies Inc), Technology License Agreement (Ecosphere Technologies Inc), Contribution Agreement (Ecosphere Technologies Inc)

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