Binding on Successors; Assignment Sample Clauses

Binding on Successors; Assignment. This Agreement shall be binding upon, and inure to the benefit of, each of the parties hereto, as well as their respective heirs, successors, assigns, and personal representatives.
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Binding on Successors; Assignment. This Agreement shall be binding upon and inure to the benefit of the Executive, the Corporation and each of their respective successors, assigns, personal and legal representatives, executors, administrators, heirs, distributees, devisees, and legatees, as applicable; provided however, that neither this Agreement nor any rights or obligations hereunder shall be assignable or otherwise subject to hypothecation by the Executive (except by will or by operation of the laws of intestate succession) or by the Corporation except that the Corporation may assign this Agreement to any successor (whether by merger, purchase or otherwise) to all or substantially all of the stock, assets or businesses of the Corporation, if such successor expressly agrees to assume the obligations of the Corporation hereunder.
Binding on Successors; Assignment. This Agreement shall be binding upon and inure to the benefit of the Employee, the Employer and each of their respective successors, assigns, personal and legal representatives, executors, administrators, heirs, distributees, devisees, and legatees, as applicable; provided however, that neither this Agreement nor any rights or obligations hereunder shall be assignable or otherwise subject to hypothecation by the Employee (except by will or by operation of the laws of intestate succession) or by the Employer except that the Employer may assign this Agreement to any successor (whether by merger, purchase or otherwise) to all or substantially all of the stock, assets or businesses of the Employer, if such successor expressly agrees to assume the obligations of the Employer hereunder.
Binding on Successors; Assignment. This Agreement is binding on, and shall inure to the benefit of the parties hereto and their respective successors, heirs and permitted assigns. This Agreement and any rights or duties hereunder may not be assigned by Licensee, whether such assignment occurs by merger, consolidation, sale, lease, other disposition of or any other business combination of Licensee, without the prior written consent of Grantor. Grantor may assign its rights hereunder to any person provided that such person, either expressly or by operation of law, assumes Grantor's obligations hereunder. The above notwithstanding, Grantor understands that Licensee is, as of the effective date hereof, negotiating with several companies for the purpose of entering into a merger, joint venture, or marketing arrangement specifically for the purpose of marketing or financing Licensee's efforts in marketing of the Product. Grantor agrees that as long as the requirements of this Agreement are fulfilled that Grantor will not unreasonably deny a request to allow Licensee to enter into the contemplated agreement.
Binding on Successors; Assignment. This Agreement and all of the provisions hereof shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, administrators, successors, transferees and assignees. Neither this Agreement nor any interest herein may directly or indirectly be transferred or assigned by Merchant, in whole or in part, without the prior written consent of Processor, which will not be unreasonably delayed or withheld. Merchant will remain liable for any amounts owed under this Agreement after an unauthorized transfer or assignment by Merchant, even if Processor continues to provide Services to such transferee or assignee. This Agreement is for the benefit of, and may be enforced only by, Processor and Merchant and their respective successors and permitted transferees and assignees, and is not for the benefit of, and may not be enforced by, any third party.
Binding on Successors; Assignment. This Agreement will inure to the benefit of and will be binding upon the parties and their respective successors and assigns. However, the rights and duties under this Agreement may not be assigned, delegated, or transferred by any party without the written consent of the other party, except that CORPORATION may assign any rights and delegate any duties hereunder to its subsidiaries or affiliates.
Binding on Successors; Assignment. This Agreement shall be binding on the assigns, heirs, executors, personal representatives, administrators, and successors (whether through merger, operation of law, or otherwise) of the Parties. Member may not assign, delegate, or transfer any part of this Agreement without the prior written consent of PMC, and any such assignment, delegation or transfer without such prior written consent shall have no effect.
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Binding on Successors; Assignment. The rights and obligations set forth in this Agreement are binding upon and shall inure to the benefit of the successors of the parties. Licensee shall not assign its rights hereunder to any person or entity without first obtaining the written consent of VIEA. VIEA may assign its rights hereunder.
Binding on Successors; Assignment. The provisions of this Section 39 shall be binding upon Landlord, any transferee of the Option Property and their successors, heirs, administrators and assigns. Tenant shall not have the right to assign this Purchase Option without Landlord’s prior written consent in its sole discretion; provided, however, that Tenant may assign this Purchase Option without Landlord’s consent (i) in connection with a Permitted Transfer of the Lease or (ii) to a parent, affiliate or subsidiary of Tenant. In addition, if Tenant exercises its Purchase Option, Tenant shall have the right to designate an entity to take title to the Option Property so long as such entity is a wholly owned direct or indirect subsidiary of Tenant, Tenant’s direct or indirect parent or any Permitted Transferee of this Lease. Tenant shall have the right to record a Memorandum of Purchase Option against the Option Property in a form reasonably acceptable to Landlord and Landlord shall execute such Memorandum upon Tenant’s request.
Binding on Successors; Assignment. This Agreement will be binding upon and inure to the benefit of the Company, Executive and each of their respective successors, assigns, personal and legal representatives, executors, administrators, heirs, distributees, devisees, and legatees, as applicable.
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