Successors; Third Parties; Assignment Sample Clauses

Successors; Third Parties; Assignment. This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors and assigns. This Agreement is not intended to confer upon any Person other than the parties hereto any rights or remedies hereunder, except as otherwise expressly provided herein. No provisions of this Agreement are intended, nor shall be interpreted, to provide or create any third party beneficiary rights or any other rights of any kind in any client, customer, affiliate, stockholder, partner or employee of any party hereto or any other Person unless specifically provided otherwise herein, and, except as so provided, all provisions hereof shall be personal solely between the parties to this Agreement. Neither Chesapeake nor the Principal Stockholder may assign its obligations under this Agreement without the prior written consent of AspenTech, and neither AspenTech nor Acquisition Corp. may assign its obligations under this Agreement without the prior written consent of Chesapeake and the Principal Stockholder.

Successors; Third Parties; Assignment. This Agreement shall inure to the benefit of and be binding upon the Parties and their respective successors and permitted assigns. Except as expressly otherwise provided herein, nothing in this Agreement is intended to confer on any Person other than the Parties and their respective Affiliates, or their respective successors or permitted assigns, any rights or obligations under or by reason of this Agreement. Except as otherwise provided herein or in any other Ancillary Agreement or in any Initial Agreement, neither Party shall assign this Agreement nor any of its rights or obligations hereunder without the prior consent of the other Party, provided that any such assignee or assignees shall expressly assume the due and punctual performance of all obligations which are so assigned, and any such assignment shall not release the assignor from such obligations except to the extent that they are performed by the assignee or assignees.

Successors; Third Parties; Assignment. This Agreement shall inure to the benefit of and be binding upon the Parties and their respective successors and permitted assigns. Except as expressly otherwise provided herein, nothing in this Agreement is intended to confer on any Person other than the Parties and their respective Affiliates, or their respective successors or permitted assigns, any rights or obligations under or by reason of this Agreement. Except as otherwise provided herein or in any other Ancillary Agreement or in any Initial Agreement, no Party shall assign this Agreement nor any of its rights or obligations hereunder without the prior consent of the other Parties. KB may assign any or all of its rights or obligations hereunder to any of its Affiliates or to a successor to all or substantially all of its business. In the event of any permitted assignment, such assignee or assignees shall expressly assume the due and punctual performance of all obligations which are so assigned, and any such assignment shall not release the assignor from such obligations except to the extent that they are performed by the assignee or assignees.