Common use of Purchaser’s Liability After Assignment Clause in Contracts

Purchaser’s Liability After Assignment. Neither the consent of Seller to an assignment by Xxxxxxxxx, nor the assignment itself, shall release Purchaser in any respect from the performance or observance of any of the covenants to be performed or observed by Purchaser under this Agreement, Purchaser in such case being jointly and severally liable with each assignee, nor shall such consent or assignment relieve a permitted assignee from obtaining Seller’s prior written consent to any further assignment.

Appears in 2 contracts

Samples: Contract of Sale, Contract of Sale

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Purchaser’s Liability After Assignment. Neither the consent of Seller to an assignment by Xxxxxxxxx, nor the assignment itself, shall release Purchaser in any respect from the performance or observance of any of the covenants to be performed or observed by Purchaser under this Agreement, Purchaser in such case being jointly and severally liable with each assignee, nor shall such consent or assignment relieve a the permitted assignee from obtaining Seller’s 's prior written consent to any further assignment.

Appears in 1 contract

Samples: Contract of Sale

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Purchaser’s Liability After Assignment. Neither the consent of Seller to an assignment by XxxxxxxxxPurchaser, nor the assignment itself, shall release Purchaser in any respect from the performance or observance of any of the covenants to be performed or observed by Purchaser under this Agreement, Purchaser in such case being jointly and severally liable with each assignee, nor shall such consent or assignment relieve a permitted assignee from obtaining Seller’s prior written consent to any further assignment.

Appears in 1 contract

Samples: Contract of Sale

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