Common use of Rights Against Third Parties Clause in Contracts

Rights Against Third Parties. For any rights or remedies relating to the Assets that may be enforced after the Closing Date against third parties and the Purchaser, Purchaser will notify Seller in writing of any such enforcement that should properly be instituted in the name of Seller, and Seller will join with Purchaser in enforcing such rights and remedies or enforce such rights or remedies in Seller's own name at Purchaser's sole cost.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

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Rights Against Third Parties. For With respect to any rights or remedies ---------------------------- relating to the Assets that may be enforced after the Closing Date against any third parties and the party by Purchaser, Purchaser will notify Seller in writing of any such enforcement that should properly be instituted in the name of Seller, and Seller will join with Purchaser in enforcing such rights and remedies or enforce such rights or remedies in Seller's own name at Purchaser's sole cost, subject, however, to any indemnification or other obligations of Seller in this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Gsi Group Inc)

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Rights Against Third Parties. For any rights or remedies relating to the Assets that Business of Seller which may be enforced after the Closing Date against third parties and the Purchaser, Purchaser will notify Seller in writing of any such enforcement that which should properly be instituted in the name of Seller, and Seller will join with Purchaser in enforcing such rights and remedies or enforce such rights or remedies in Seller's own name at Purchaser's sole cost.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cyco Net Inc)

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