Benefit and Assignment. This Agreement shall be binding upon, and inure to the benefit of, the parties hereto and their respective successors and permitted assigns. Neither this Agreement nor any rights hereunder may be assigned or transferred, and no duties may be delegated, by Seller without the prior written consent of Buyer. Buyer may assign or transfer its rights and delegate its duties hereunder to any Affiliate of Buyer.
Appears in 3 contracts
Sources: Asset Purchase Agreement (American Italian Pasta Co), Asset Purchase Agreement (American Italian Pasta Co), Asset Purchase Agreement (American Italian Pasta Co)
Benefit and Assignment. This Agreement shall be binding upon, upon and shall inure to the benefit of, of the parties hereto and their respective successors and permitted assigns. Neither Buyer nor Seller may assign this Agreement nor any rights hereunder may be assigned or transferred, and no duties may be delegated, by Seller without the prior written consent of Buyer. the other party hereto, except that Buyer may assign or transfer this Agreement to an Affiliate if Buyer fully guarantees to Seller the performance hereunder of its rights and delegate its duties hereunder to any Affiliate of BuyerAffiliate.
Appears in 3 contracts
Sources: Option Agreement (Legacy Communications Corp), Option Agreement (Legacy Communications Corp), Asset Purchase Agreement (Legacy Communications Corp)
Benefit and Assignment. This Agreement shall be binding upon, and shall inure to the benefit of, of the parties hereto and their respective successors and permitted assigns. Neither the Buyers nor the Sellers may assign this Agreement nor any rights hereunder may be assigned or transferred, and no duties may be delegated, by Seller without the prior written consent of Buyer. Buyer the other Party hereto except that each of the Buyers, the Sellers and 00xx Xxxxxx may assign or transfer its their rights and delegate its duties hereunder (but not their obligations) under this Agreement to any an Affiliate of Buyerthe Buyers, the Sellers or 62nd Street, as the case may be, and to their financing sources.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)
Benefit and Assignment. This Agreement shall be binding upon, upon and shall inure to the benefit of, of the parties hereto and their respective successors and permitted assigns. Neither Seller may assign its interest under this Agreement nor any rights hereunder may be assigned or transferred, and no duties may be delegated, by Seller without with the prior written consent of Buyer. Buyer may assign or transfer its rights and delegate its duties hereunder to any Affiliate of Buyer, which consent shall not be unreasonably withheld.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Debut Broadcasting Corporation, Inc.), Asset Purchase Agreement (Debut Broadcasting Corporation, Inc.)
Benefit and Assignment. This Agreement shall will be binding upon, upon and shall inure to the benefit of, of the parties Parties hereto and their respective successors and permitted assigns. Neither Seller nor Parent may assign its interests under this Agreement nor any rights hereunder may be assigned or transferred, and no duties may be delegated, by Seller without the prior written consent of Buyer. Buyer may assign or transfer its rights and delegate its duties hereunder to any Affiliate of Buyer.
Appears in 1 contract
Sources: Asset Purchase Agreement (Ednet Inc)
Benefit and Assignment. This Agreement shall be binding upon, bind and inure to the benefit of, the parties hereto Buyer and their respective its successors and permitted assigns and Seller and its successors and assigns. Neither ; provided, however, that no party to this Agreement nor shall assign its rights or obligations hereunder to any rights hereunder may be assigned or transferredPerson, and no duties may be delegated, by Seller without the prior express written consent of Buyer. the other party, except that Buyer may assign or transfer its rights this Agreement to a Buyer's Affiliate without the consent of Seller so long as Buyer remains obligated for the satisfaction and delegate its duties hereunder to any Affiliate performance of Buyer's obligations hereunder.
Appears in 1 contract
Benefit and Assignment. This Agreement shall be binding upon, upon and inure to the benefit of, of the parties hereto hereto, their heirs, successors, assignees, and their respective successors and permitted assigns. Neither beneficiaries in interest; provided, however, that this Agreement nor any rights hereunder may not be assigned by the Seller or transferred, and no duties may be delegated, by Seller the Shareholder without the prior written consent of Buyer. Buyer may assign or transfer its rights and delegate its duties hereunder to any Affiliate of the Buyer.
Appears in 1 contract
Benefit and Assignment. This Agreement shall be binding upon, upon and inure to the benefit of, of the parties hereto and their respective heirs, legal representatives, successors and permitted assigns. Neither ; provided, however, that this Agreement nor any rights hereunder may not be assigned or transferred, and no duties may be delegated, by Seller either party without the prior written consent of Buyer. the other, except that the Buyer may assign or transfer any of its rights and delegate its duties hereunder to any Affiliate affiliate or wholly-owned subsidiary; and provided that Buyer shall remain fully obligated with respect to all of Buyerthe obligations of Buyer under this Agreement and all exhibits and agreements entered into in connection with the transactions contemplated herein.
Appears in 1 contract
Benefit and Assignment. This Agreement shall be binding upon, bind and inure to the benefit of, the parties hereto Buyer and their respective its successors and permitted assigns and Seller and its successors and assigns. Neither ; provided, however, that no party to this Agreement nor shall assign its rights or obligations hereunder to any rights hereunder may be assigned or transferredPerson, and no duties may be delegated, by Seller without the prior express written consent of Buyer. the other party, except that Buyer may assign or transfer its rights this Agreement to a Buyer’s Affiliate without the consent of Seller so long as Buyer remains obligated for the satisfaction and delegate its duties hereunder to any Affiliate performance of Buyer’s obligations hereunder.
Appears in 1 contract
Sources: Stock Purchase Agreement (Amgen Inc)
Benefit and Assignment. This Agreement shall be binding upon, upon and shall inure to the benefit of, of the parties hereto and their respective successors and permitted assigns. Neither Buyer nor Seller may assign this Agreement nor any rights hereunder may be assigned or transferred, and no duties may be delegated, by Seller without the prior written consent of Buyer. the other parties hereto except that Buyer may assign or transfer its rights and delegate its duties hereunder obligations under this Agreement to any an Affiliate of Buyer; provided, that Buyer will remain liable in the event such assignee fails to fulfill Buyer's obligations hereunder.
Appears in 1 contract
Sources: Asset Purchase Agreement (Acme Intermediate Holdings LLC)
Benefit and Assignment. This Agreement shall be binding upon, binds and inure inures to the benefit of, the parties of each party hereto and their respective its successors and permitted proper assigns. Neither Buyer nor Sellers may assign their interests under this Agreement nor to any rights hereunder may be assigned other person or transferred, and no duties may be delegated, by Seller entity without the prior written consent of Buyer. the other parties; provided, however, that Buyer may assign or transfer its rights rights, duties and delegate its duties obligations hereunder to any Affiliate one or more subsidiaries or affiliates of Buyer; and further provided that in the instance of such assignment Buyer shall guaranty the performance of its assignee hereunder.
Appears in 1 contract
Sources: Stock Purchase Agreement (Integrated Health Services Inc)
Benefit and Assignment. This Agreement shall be binding upon, upon and shall inure to the benefit of, of the parties Parties hereto and their respective successors and permitted assigns. Neither Buyers nor either Seller may assign its rights or delegate its obligations under this Agreement nor any rights hereunder may be assigned or transferred, and no duties may be delegated, by Seller without the prior written consent of Buyer. Buyer the other Party, except that either Buyers may assign the Agreement in whole or transfer in part to one or more of its Affiliates, provided that it shall not be released thereby. Except as expressly provided in this Agreement, this Agreement is not intended to, nor shall it, create any rights and delegate its duties hereunder to in any Affiliate of Buyerperson other than the Parties.
Appears in 1 contract
Benefit and Assignment. This Agreement shall be binding upon, upon and inure to the benefit of, of the parties hereto and hereto, their respective successors and permitted assigns. Neither assignees; provided, however, that this Agreement nor any rights hereunder may not be assigned by the Seller but may be assigned or transferred, by Buyer to a wholly owned subsidiary. If so assigned Buyer shall notify Seller and no duties may be delegated, by Seller without the prior written consent provide a copy of Buyer. Buyer may assign or transfer its rights and delegate its duties hereunder said assignment to any Affiliate of BuyerSeller.
Appears in 1 contract
Sources: Asset Purchase Agreement (Arts Way Manufacturing Co Inc)
Benefit and Assignment. This Agreement shall be binding upon, upon and shall inure to the benefit of, of the parties hereto and their respective successors and permitted assigns. Neither Buyer nor Seller may assign this Agreement nor any rights hereunder may be assigned or transferred, and no duties may be delegated, by Seller without the prior written consent of Buyer. the other parties hereto except that Buyer may assign or transfer its rights and delegate (but not its duties hereunder obligations) under this Agreement to any an Affiliate of Buyer.
Appears in 1 contract
Sources: Asset Purchase Agreement (Salem Communications Corp /De/)
Benefit and Assignment. This Agreement shall be binding upon, upon and shall inure to the benefit of, of the parties hereto and their respective successors and permitted assigns. Neither Buyer nor Seller may assign this Agreement nor any rights hereunder may be assigned or transferred, and no duties may be delegated, by Seller without the prior written consent of Buyer. the other parties hereto except that Buyer may assign or transfer its rights and delegate its duties hereunder obligations under this Agreement to any Affiliate other party; provided, that Buyer will remain liable in the event such assignee fails to fulfill any of Buyer's obligations hereunder.
Appears in 1 contract
Sources: Asset Purchase Agreement (Acme Intermediate Holdings LLC)