Common use of Assignment and Enurement Clause in Contracts

Assignment and Enurement. This Agreement may not be assigned by a Party without the prior written consent of the other Party, which consent may be unreasonably and arbitrarily withheld; provided however, Purchaser shall be entitled to assign its rights and obligation hereunder to its nominee for purpose of receiving the conveyance of the Assets contemplated hereunder. This Agreement shall be binding upon and shall enure to the benefit of the Parties and their respective administrators, trustees, receivers, successors and permitted assigns.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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Assignment and Enurement. This No Party may assign its rights or obligations under this Agreement may not be assigned by a Party without the prior written consent of the other PartyParties, which consent may not be unreasonably and arbitrarily withheldwithheld or delayed; provided however, however the Purchaser shall be entitled to may assign its rights and obligation hereunder interests under this Agreement and all related documents, including the Escrow Agreement, to its nominee for purpose of receiving the conveyance of the Assets contemplated hereunderlenders, their successors and assigns. This Agreement shall be binding upon and shall enure enures to the benefit of and binds the Parties and their respective heirs, executors, administrators, trustees, receiverspersonal and legal representatives, successors and permitted assigns.

Appears in 1 contract

Samples: Share Purchase Agreement (Wesco International Inc)

Assignment and Enurement. This No party may assign this Agreement may not be assigned by a Party without the prior written consent of the other Party, which consent may be unreasonably and arbitrarily withheld; provided however, Purchaser shall be entitled to assign its rights and obligation hereunder to its nominee for purpose of receiving the conveyance of the Assets contemplated hereunderparties. This Agreement shall be binding upon and shall enure enures to the benefit of and binds the Parties parties and their respective heirs, executors, administrators, trustees, receiverspersonal and legal representatives, successors and permitted assigns. For greater certainty, any assignor of this Agreement shall continue to be bound by its terms.

Appears in 1 contract

Samples: Share Purchase Agreement (PureRay CORP)

Assignment and Enurement. This Neither this Agreement nor any right or obligation under this Agreement may not be assigned by a any Party without the prior written consent of the other PartyParties, which provided that, for greater certainty, the Seller may, following Closing, assign, transfer, dividend or distribute any the Cash Consideration and Consideration Shares it receives under this Agreement without the prior consent may be unreasonably and arbitrarily withheld; provided however, Purchaser shall be entitled to assign its rights and obligation hereunder to its nominee for purpose of receiving the conveyance of the Assets contemplated hereunderBuyer. This Agreement shall be binding upon and shall enure enures to the benefit of and is binding upon the Parties and their respective administrators, trustees, receivers, successors and permitted assignsSuccessors.

Appears in 1 contract

Samples: Share Purchase Agreement (Real Brokerage Inc)

Assignment and Enurement. This Except as expressly provided under this Agreement, no party may assign this Agreement may not be assigned by a Party without the prior written consent of all the other Party, which consent may be unreasonably and arbitrarily withheld; provided however, Purchaser shall be entitled to assign its rights and obligation hereunder to its nominee for purpose of receiving the conveyance of the Assets contemplated hereunderShareholders. This Agreement shall be binding upon and shall enure enures to the benefit of and binds the Parties and parties, their respective heirs, executors, administrators, trustees, receiverspersonal and legal representatives, successors and permitted assignsassigns and all permitted transferees of Shares.

Appears in 1 contract

Samples: Unanimous Shareholder Agreement (Ashton Technology Group Inc)

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Assignment and Enurement. This No party may assign this Agreement may not be assigned by a Party without the prior written consent of the other Partyparties, which consent may not be unreasonably and arbitrarily withheld; provided however, Purchaser shall be entitled to assign its rights and obligation hereunder to its nominee for purpose of receiving the conveyance of the Assets contemplated hereunderwithheld or delayed. This Agreement shall be binding upon and shall enure enures to the benefit of and binds the Parties parties and their respective heirs, executors, administrators, trustees, receiverspersonal and legal representatives, successors and permitted assigns.

Appears in 1 contract

Samples: Share Purchase Agreement (Kinetic Concepts Inc /Tx/)

Assignment and Enurement. This Except as expressly provided in this Agreement, no Party may assign its rights or obligations under this Agreement may not be assigned by a Party without the prior written consent of the other PartyParties. Notwithstanding the foregoing, which consent the Purchaser may be unreasonably and arbitrarily withheld; provided however, Purchaser shall be entitled to assign its rights and obligation hereunder obligations under this Agreement to its nominee for purpose of receiving a wholly-owned Subsidiary prior to the conveyance closing of the Assets contemplated hereunderPurchase. This Agreement shall be binding upon and shall enure enures to the benefit of and binds the Parties and their respective heirs, executors, administrators, trustees, receiverspersonal and legal representatives, successors and permitted assigns.

Appears in 1 contract

Samples: Share Purchase Agreement (Electrameccanica Vehicles Corp.)

Assignment and Enurement. This Neither Party may assign this Agreement may not be assigned by a Party or any rights or obligations under this Agreement without the prior written consent of the other Party, which consent may be unreasonably and arbitrarily withheld; provided however, Purchaser shall be entitled to assign its rights and obligation hereunder to its nominee for purpose of receiving the conveyance of the Assets contemplated hereunder. This Agreement shall be binding upon and shall enure to the benefit of and be binding upon the Parties and their respective administratorsthe heirs, trusteesexecutors, receivers, administrators and other legal representatives of the Indemnified Party and the successors and permitted assignsassigns (including any successor by reason of amalgamation) of the Corporation.

Appears in 1 contract

Samples: Indemnity Agreement (Inco LTD)

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