PARTIES BENEFITED; ASSIGNMENTS. 11.1 This Agreement shall be binding upon, and inure to the benefit of, the Consultant, his heirs and his personal representative or representatives, and upon the Company and its successors and assigns. Neither this Agreement nor any rights or obligations hereunder may be assigned by the Consultant.
PARTIES BENEFITED; ASSIGNMENTS. This Agreement shall be binding upon the Employee, his heirs and his personal representative or representatives, and upon the Company and its respective successors and assigns. Neither this Agreement nor any rights or obligations hereunder may be assigned by the Employee, other than by will or by the laws of descent and distribution.
PARTIES BENEFITED; ASSIGNMENTS. This Agreement shall be binding upon the Executive, his heirs and his personal representative or representatives, and upon the Company and Los Angeles and their respective successors and assigns. Neither this Agreement nor any rights or obligations hereunder may be assigned by the Executive, other than by will or by the laws of descent and distribution.
PARTIES BENEFITED; ASSIGNMENTS. This Agreement shall be binding upon the Executive, his heirs and his personal representative or representatives, and upon the Company and Los Angeles and their respective successors and assigns. Neither this Agreement nor any rights or obligations hereunder may be assigned by the Executive, other than by will or by the laws of descent and distribution. From and after the consummation of the Capstar Merger, all rights and obligations of the Company under this Agreement shall be assigned to and assumed by the New Chancellor. The consummation of the Capstar Merger shall not constitute a Change in Control.
PARTIES BENEFITED; ASSIGNMENTS. This Agreement shall be binding upon Employee, Employee’s heirs and Employee’s personal representative or representatives, and upon Company and its respective successors and assigns. Employee hereby consents to the Agreement being enforced by any successor or assign of the Company without the need for further notice to or consent by Employee, provided such successor or assignee assumes the obligations under this Agreement. Neither this Agreement nor any rights or obligations hereunder may be assigned by Employee, other than by will or by the laws of descent and distribution.
PARTIES BENEFITED; ASSIGNMENTS. This Agreement shall be binding upon Employee, Employee’s heirs and Employee’s personal representative or representatives, and upon Company and its respective successors and assigns. Neither this Agreement nor any rights or obligations hereunder may be assigned by Employee, other than by will or by the laws of descent and distribution. The Company may assign its rights and obligation under this Agreement to any entity, including any successor to all or substantially all the assets of the Company, by merger or otherwise. Initials: Company: MS Employee: VG
PARTIES BENEFITED; ASSIGNMENTS. This Agreement shall be binding upon Employee, Employee’s heirs and Employee’s personal representative or representatives, and upon Company and its respective successors and assigns. Neither this Agreement nor any rights or obligations hereunder may be assigned by Employee, other than by will or by the laws of descent and distribution. The Company may assign its rights and obligation under this Agreement to any entity, including any successor to all or substantially all the assets of the Company, by merger or otherwise; provided, however, that Company will require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company to expressly assume in writing on or prior to the effective date of such succession and agree to perform this Agreement in the same manner and to the same extent the Company would be required to perform if no succession had taken place.
PARTIES BENEFITED; ASSIGNMENTS. This Agreement shall be binding upon the Employee, his heirs and his personal representative or representatives, and upon the Company and its respective successors and assigns. Neither this Agreement nor any rights or obligations hereunder may be assigned by the Employee, other than by will or by the laws of descent and distribution, without the Board's prior consent, and the Board shall give good faith consideration to any such request made by Employee. The Company may not assign or transfer this Agreement or any rights or obligations hereunder; provided, however, that a transfer of this Agreement and the rights and obligations hereunder to a successor or surviving entity in connection with a sale or divestiture of all or substantially all the assets or any transaction or series of related transactions (including, without limitation, any spin-off, merger, reorganization, consolidation or purchase of outstanding equity interests), shall not be considered an assignment or transfer.
PARTIES BENEFITED; ASSIGNMENTS. This Agreement shall be binding upon Xxxxxxxxxx, the heirs and personal representative or representatives of Xxxxxxxxxx, and upon the Company and its successors and assigns. Neither this Agreement nor any rights or obligations hereunder may be assigned by Xxxxxxxxxx. The Company may assign this Agreement to any affiliate of the Company or other successor in interest to the business of the Company.
PARTIES BENEFITED; ASSIGNMENTS. This Agreement shall be binding upon the Executive, his heirs and his personal representative or representatives, and upon the Company and its respective successors and assigns. Neither this Agreement nor any rights or obligations hereunder may be assigned by the Executive, except that Executive may designate beneficiaries to receive any amounts that would otherwise be paid to Executive's estate. The Executive shall have the right to modify or revoke any designation of beneficiaries, by written notice to the Company. The Company may not assign or transfer this Agreement or any rights or obligations hereunder. For purposes of this Agreement, a "Change in Control," meaning a sale of all or substantially all of the assets of Clear Channel Entertainment, the Company's Music Division or the Company's Music Touring Division, or any transaction or series of related transactions (including without limitation, any merger, reorganization, consolidation or purchase of outstanding equity interests) resulting in the transfer of 50% or more of the outstanding voting securities of Clear Channel Entertainment, shall not be considered an assignment.
