Common use of Succession and Assignment Clause in Contracts

Succession and Assignment. This Agreement shall be binding upon and ---------- --- ---------- inure to the benefit of the parties named herein and their successors and permitted assigns. No party may assign either this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the other parties; provided, however, that notwithstanding the foregoing, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the Buyer.

Appears in 6 contracts

Samples: Stock Purchase Agreement (Aerovox Inc), Stock Purchase Agreement (Aerovox Inc), Stock Purchase Agreement (Aerovox Inc)

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Succession and Assignment. This Agreement shall will be binding upon and ---------- --- ---------- inure to the benefit of the parties named herein and their respective successors and permitted assigns. No party hereto may assign either this Agreement or any of its rights, interests, interests or obligations hereunder without the prior written approval approval, in the case of assignment by the other parties; providedBuyer, howeverby the Sellers, that notwithstanding and, in the foregoingcase of assignment by the Sellers or the Company, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the Buyer.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Smart for Life, Inc.), Securities Purchase Agreement (Smart for Life, Inc.), Stock Purchase Agreement (1847 Holdings LLC)

Succession and Assignment. This Agreement shall will be binding upon and ---------- --- ---------- inure to the benefit of the parties named herein and their respective successors and permitted assigns. No party hereto may assign either this Agreement or any of its rights, interests, interests or obligations hereunder without the prior written approval approval, in the case of assignment by the other parties; providedBuyer, howeverby the Seller, that notwithstanding and, in the foregoingcase of assignment by the Seller or the Company, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the Buyer.

Appears in 5 contracts

Samples: Stock Purchase Agreement (1847 Holdings LLC), Stock Purchase Agreement (1847 Holdings LLC), Stock Purchase Agreement (1847 Holdings LLC)

Succession and Assignment. This Agreement shall will be binding upon and ---------- --- ---------- inure to the benefit of the parties named herein and their respective successors and permitted assigns. No party hereto may assign either this Agreement or any of its rights, interests, interests or obligations hereunder without the prior written approval approval, in the case of assignment by the other parties; providedBuyer, howeverby the Sellers, that notwithstanding and, in the foregoingcase of assignment by the Sellers or the Companies, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the Buyer.

Appears in 3 contracts

Samples: Securities Purchase Agreement (1847 Holdings LLC), Membership Interest Purchase Agreement (1847 Holdings LLC), Membership Interest Purchase Agreement (1847 Holdings LLC)

Succession and Assignment. This Agreement shall be binding upon and ---------- --- ---------- ------------------------- inure to the benefit of the parties Parties named herein and their respective successors and permitted assigns. No party Party may assign either this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the other partiesParty; provided, however, that notwithstanding the foregoing, the Buyer may (i) assign any or all -------- ------- Buyer may assign of its rights, rights and interests and obligations hereunder to an Affiliate one or more of its Affiliates and (ii) designate one or more of its Affiliates to perform its obligations hereunder, but no such assignment shall relieve the BuyerBuyer of any of its obligations hereunder.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Applied Extrusion Technologies Inc /De), Asset Purchase Agreement (Applied Extrusion Technologies Inc /De), Asset Purchase Agreement (Applied Extrusion Technologies Inc /De)

Succession and Assignment. (a) This Agreement shall be binding upon and ---------- --- ---------- inure to the benefit of and be binding upon the successors to the parties named herein and their successors and permitted assignshereto. No party may assign either assignment of this Agreement or any of its rights, interests, or obligations hereunder shall be made without the prior written approval consent of the other partiesparty, except as set forth below; provided, however, that notwithstanding the foregoing, the -------- ------- Buyer Issuer may collaterally assign its rights, interests and obligations hereunder interest in this Agreement to an Affiliate of the BuyerTrustee under the Indenture.

Appears in 3 contracts

Samples: Portfolio Management Agreement (Bain Capital Specialty Finance, Inc.), Portfolio Management Agreement, Portfolio Management Agreement (Bain Capital Specialty Finance, Inc.)

Succession and Assignment. This Agreement shall be binding ------------------------- upon and ---------- --- ---------- inure to the benefit of the parties named herein and their respective successors and permitted assigns. No party may assign either this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the other parties; party, provided, however, that notwithstanding the foregoing, the -------- ------- Buyer may assign this Agreement or any of its rights, interests and or obligations hereunder to an Affiliate without the prior written approval of the BuyerAssignors, provided that with respect to this Agreement Sellers shall only be obligated to the original Buyer and Assignee and Assignors continue to interact for all purposes of this Agreement solely with the original Assignee.

Appears in 2 contracts

Samples: Liability Assumption Agreement (Homeside International Inc), Liability Assumption Agreement (Homeside Lending Inc)

Succession and Assignment. This Agreement shall will be binding upon and ---------- --- ---------- inure to the benefit of the parties named herein and their respective successors and permitted assigns. No party hereto may assign either this Agreement or any of its rights, interests, interests or obligations hereunder without the prior written approval approval, in the case of assignment by the other parties; providedBuyer or the Parent, howeverby the Sellers, that notwithstanding and, in the foregoingcase of assignment by the Sellers or the Companies, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the BuyerParent.

Appears in 2 contracts

Samples: Employment Agreement (1847 Goedeker Inc.), Employment Agreement (1847 Goedeker Inc.)

Succession and Assignment. This Agreement shall be binding --------------------------- upon and ---------- --- ---------- inure to the benefit of the parties Parties named herein and their respective successors and permitted assigns. No party Party may assign either this Agreement or any of his or its rights, interests, or obligations hereunder without the prior written approval of QuadraComm and the other parties; provided, however, that notwithstanding the foregoing, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the BuyerShareholders.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Quadracomm Inc)

Succession and Assignment. This Agreement shall be binding upon and ---------- --- ---------- inure to the benefit of the parties named herein hereto and their respective successors and permitted assigns. No party may assign either this Agreement or any of his or its rights, interests, or obligations hereunder without the prior written approval of the other parties; provided, however, that notwithstanding Buyer and the foregoing, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the BuyerSeller.

Appears in 1 contract

Samples: Share Exchange Agreement (Knowledge Transfer Systems Inc)

Succession and Assignment. This Agreement shall be binding upon and ---------- --- ---------- ------------------------- inure to the benefit of the parties named herein and their respective successors and permitted assigns. No party to this Agreement may assign either this Agreement or any of its rights, interests, interests or obligations hereunder without the prior written approval of the other parties; provided, however, that notwithstanding the foregoing, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the Buyerparties hereto.

Appears in 1 contract

Samples: Stock Purchase Agreement (Seachange International Inc)

Succession and Assignment. This Agreement shall will be binding upon and ---------- --- ---------- inure to the benefit of the parties named herein and their respective successors and permitted assigns. No party hereto may assign either this Agreement or any of its rights, interests, interests or obligations hereunder without the prior written approval approval, in the case of assignment by the other parties; providedBuyer, howeverSecurity Capital, that notwithstanding and, in the foregoingcase of assignment by the Sellers or the Company, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the Buyer.

Appears in 1 contract

Samples: Stock Purchase Agreement (Security Capital Corp/De/)

Succession and Assignment. This Agreement shall be binding upon and ---------- --- ---------- inure to the benefit of the parties named herein and their respective successors and permitted assigns. No party may assign either this Agreement or any of his or its rights, interests, or obligations hereunder without the prior written approval of the other parties; provided, however, that notwithstanding the foregoing, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the Buyer.. SECTION 9.5

Appears in 1 contract

Samples: Securities Purchase Agreement (Cal Alta Auto Glass Inc)

Succession and Assignment. This Agreement shall be binding upon and ---------- --- ---------- inure to the benefit of the parties named herein and their respective successors and permitted assigns. No party may assign either this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the other parties; provided, however, that notwithstanding Buyer and the foregoing, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the BuyerSellers' Parent.

Appears in 1 contract

Samples: Asset Purchase Agreement (Randers Killam Group Inc)

Succession and Assignment. This Agreement shall be binding upon and ---------- --- ---------- ------------------------- inure to the benefit of the parties named herein and their respective successors and permitted assigns. No party may assign either this Agreement or any of his or its rights, interests, or obligations hereunder without the prior written approval of the other parties; provided, however, that notwithstanding the foregoing, the -------- ------- Buyer may assign its rights, interests M2Direct and obligations hereunder to an Affiliate of the BuyerProvident.

Appears in 1 contract

Samples: Confidential Treatment (M2direct Inc)

Succession and Assignment. This Agreement shall will be binding ------------------------- upon and ---------- --- ---------- inure to the benefit of the parties named herein and their respective successors and permitted assigns. No party may assign either this Agreement or any of its his or her rights, interests, interests or obligations hereunder without the prior written approval of the other partiesparty; provided, however, that notwithstanding the foregoing, the -------- ------- Seller or Buyer may assign its rights, interests and obligations hereunder to an Affiliate Affiliate, by prior written notice to the other party as permitted by law, its rights under this Agreement, but not its obligations, including, in the case of Buyer, its obligation to pay the BuyerPurchase Price.

Appears in 1 contract

Samples: Stock Purchase Agreement (American Tower Corp /Ma/)

Succession and Assignment. This Agreement shall be binding ------------------------- upon and ---------- --- ---------- inure to the benefit of the parties named herein and their successors and permitted assignsrespective successors. No party may assign either this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the other parties; provided, however, that notwithstanding the foregoing, the Buyer may freely assign its rights to -------- ------- another wholly owned subsidiary of Parent without such prior written approval but no such assignment shall relieve Buyer may assign of any of its rights, interests and obligations hereunder to an Affiliate of the Buyerhereunder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sprint Corp)

Succession and Assignment. This Agreement shall be binding upon and ---------- --- ---------- -------------------------- inure to the benefit of the parties Parties named herein and their respective successors and permitted assigns. No party Party may assign either this Agreement or any of its his rights, interests, or obligations hereunder without the prior written approval of the other partiesBuyer and the Sellers; provided, however, that notwithstanding the foregoing, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the Buyer.-----------------

Appears in 1 contract

Samples: Asset Purchase Agreement (Intellisys Group Inc)

Succession and Assignment. This Agreement shall be binding upon -------------------------- and ---------- --- ---------- inure to the benefit of the parties Parties named herein and their respective heirs, successors and permitted assigns. No party The Parties may not assign either this Agreement or any of its rights, interests, interests or obligations hereunder without the prior written approval of the other parties; provided, however, that notwithstanding Parties save for assignments of the foregoing, Agreement or any of the -------- ------- Buyer may assign its rights, interests and or obligations hereunder to an Affiliate of within the Buyer's Group.

Appears in 1 contract

Samples: Stock Purchase Agreement (First Sierra Financial Inc)

Succession and Assignment. This Agreement shall will be binding upon and ---------- --- ---------- inure to the benefit of the parties named herein and their respective successors and permitted assigns. No party hereto may assign either this Agreement or any of its rights, interests, interests or obligations hereunder without the prior written approval approval, in the case of assignment by the other parties; providedBuyer, howeverby the Seller, that notwithstanding and, in the foregoingcase of assignment by the Seller or the Companies, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the Buyer.

Appears in 1 contract

Samples: Securities Purchase Agreement (Smart for Life, Inc.)

Succession and Assignment. This Agreement shall be binding upon and ---------- --- ---------- ------------------------- inure to the benefit of the parties named herein and their respective successors and permitted assigns. No party Party may assign either this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval consent of the other partiesParties; provided, however, that notwithstanding after the foregoing, the -------- ------- Closing Buyer may assign any or all of its rights, rights and interests and obligations (but not its obligations) hereunder to an Affiliate one or more of the Buyerits Affiliates provided no such assignment shall affect or defeat any rights of Seller hereunder or relieve Buyer of any obligation it has to Seller hereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sound Source Interactive Inc /De/)

Succession and Assignment. This Agreement shall be binding upon ------------------------- and ---------- --- ---------- inure to the benefit of the parties Parties named herein and their respective successors and permitted assigns. No party Party may assign either this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the other partiesParty; provided, however, that notwithstanding the foregoing, the -------- ------- Buyer may assign any or all of its rights, -------- ------- rights and interests and obligations hereunder to an Affiliate one or more of the Buyerits Affiliates.

Appears in 1 contract

Samples: Asset Purchase Agreement (Interpore International /Ca/)

Succession and Assignment. This Agreement shall be ------------------------- binding upon and ---------- --- ---------- inure to the benefit of the parties named herein and their successors and permitted assignsrespective successors. No party may assign either this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the other parties; provided, however, that notwithstanding the foregoing, the -------- ------- Buyer Purchaser may freely assign its rights, interests and rights to another wholly owned subsidiary of Parent without such prior written approval but no such assignment shall relieve Purchaser of any of its obligations hereunder to an Affiliate of the Buyerhereunder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sprint Corp)

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Succession and Assignment. This Agreement shall be binding upon and ---------- --- ---------- inure to the benefit of the parties named herein Seller and Buyer and their respective successors and permitted assigns. No party Party may assign either this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the other parties; provided, however, that notwithstanding the foregoing, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the BuyerSeller.

Appears in 1 contract

Samples: Stock Purchase Agreement (Home Bancshares Inc)

Succession and Assignment. This Agreement shall be binding upon and ---------- --- ---------- ------------------------- inure to the benefit of the parties named herein and their respective successors and permitted assigns. No The Buyer may assign its rights, interests and/or obligations hereunder to an affiliate of the Buyer but, in such event, the Buyer shall remain liable for all of its obligations hereunder. Except as provided in the preceding two sentences or in Section 7.4, neither party may assign either this Agreement or any of its rights, interests, interests or obligations hereunder without the prior written approval of the other parties; provided, however, that notwithstanding the foregoing, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the Buyerparty.

Appears in 1 contract

Samples: Asset Purchase Agreement (Dataware Technologies Inc)

Succession and Assignment. This Agreement ------------------------- shall be binding upon and ---------- --- ---------- inure to the benefit of the parties named herein and their respective successors and permitted assigns. No party may assign either this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the other parties; provided, however, provided that notwithstanding the foregoing, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an any Affiliate of the Buyer.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Thermo Terratech Inc)

Succession and Assignment. This Agreement shall will be binding upon and ---------- --- ---------- inure to the benefit of the parties named herein and their respective successors and permitted assigns. No party hereto may assign either this Agreement or any of its rights, interests, interests or obligations hereunder without the prior written approval of, in the case of assignment by the Buyer or Merger Sub, each of the other parties; providedStockholders, howeverand, that notwithstanding in the foregoingcase of assignment by any of the Stockholders, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the Buyer.

Appears in 1 contract

Samples: Voting Agreement (Security Capital Corp/De/)

Succession and Assignment. This Agreement shall be binding upon and ---------- --- ---------- ------------------------- inure to the benefit of the parties Parties named herein and their respective successors and permitted assigns. No party The Seller may not assign either this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the other parties; provided, however, that notwithstanding the foregoing, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Haht Commerce Inc)

Succession and Assignment. This Agreement shall be is binding upon and ---------- --- ---------- inure inures to the benefit of the parties named herein Parties and their respective successors and permitted assigns. No party Party may assign either this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval consent of Buyer (in the other parties; provided, however, that notwithstanding case of an assignment by Seller) or Seller (in the foregoing, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to case of an Affiliate of the assignment by Buyer).

Appears in 1 contract

Samples: Asset Purchase Agreement (Carrier Access Corp)

Succession and Assignment. This Agreement shall be binding upon and ---------- --- ---------- ------------------------- inure to the benefit of the parties Parties named herein and their respective heirs, successors and permitted assigns. No party Party may assign either this Agreement or any of its rights, interests, interests or obligations hereunder without the prior written approval of the other partiesParties; provided, however, provided that notwithstanding the foregoing, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the Buyer.

Appears in 1 contract

Samples: Stock Purchase Agreement (Bottomline Technologies Inc /De/)

Succession and Assignment. This Agreement shall be binding upon and ---------- --- ---------- ------------------------- inure to the benefit of the parties Parties named herein and their respective successors and permitted assigns. No party Party may assign either this Agreement or any of his or its rights, interests, or obligations hereunder without the prior written approval of the other parties; provided, however, that notwithstanding Buyer and the foregoing, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the BuyerCompany.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Therma Wave Inc)

Succession and Assignment. This Agreement shall be binding upon ------------------------- and ---------- --- ---------- inure to the benefit of the parties Parties named herein and their respective successors and permitted assigns. No party Party may assign either this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval of Seller and the other parties; provided, however, that notwithstanding the foregoing, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the BuyerCompany.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sealy Corp)

Succession and Assignment. This Agreement shall be binding upon ------------------------- and ---------- --- ---------- inure to the benefit of the parties named herein and their respective successors and permitted assigns. No party to this Agreement may assign either this Agreement or any of its rights, interests, interests or obligations hereunder without the prior written approval of the other parties; provided, however, that notwithstanding the foregoing, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the Buyerparties hereto.

Appears in 1 contract

Samples: Stock Purchase Agreement (Seachange International Inc)

Succession and Assignment. This Agreement shall be binding upon ------------------------- and ---------- --- ---------- inure to the benefit of the parties named herein and their respective successors and permitted assigns. No party Neither Party may assign either this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the other partiesparty; provided, however, that notwithstanding the foregoing, the Buyer may -------- ------- Buyer may assign any or all of its rights, rights and interests and obligations (but not its obligations) hereunder to an Affiliate of the BuyerWangs.

Appears in 1 contract

Samples: Note Purchase Agreement (Al Industrier As)

Succession and Assignment. This Subject to the next sentence, this Agreement shall be binding upon and ---------- --- ---------- inure to the benefit of the parties named herein and their respective successors and permitted assigns. No party hereto may assign either this Agreement or any of its rights, interests, interests or obligations hereunder without the prior written approval consent of the other parties; providedPurchaser, howeverin the case of Seller, or the Seller, except that notwithstanding the foregoing, the -------- ------- Buyer Purchaser may assign this Agreement or any of its rights, interests and or obligations hereunder to an any Affiliate of the BuyerPurchaser without such approval.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cotelligent Inc)

Succession and Assignment. This Agreement shall be binding upon and ---------- --- ---------- inure to the benefit of the parties named herein and their respective successors and permitted assigns. No party may assign either this Agreement or any of his, her or its rights, interests, or obligations hereunder without the prior written approval of the other parties; provided, however, that notwithstanding Purchaser and the foregoing, the -------- ------- Buyer may assign its rights, interests and obligations hereunder to an Affiliate of the BuyerSellers.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Jreck Subs Group Inc)

Succession and Assignment. This Agreement shall be binding ------------------------- upon and ---------- --- ---------- inure to the benefit of the parties Parties named herein and their respective heirs, successors and permitted assigns. No party The Parties may not assign either this Agreement or any of its rights, interests, interests or obligations hereunder without the prior written approval of the other parties; provided, however, that notwithstanding Parties save for assignments of the foregoing, Agreement or any of the -------- ------- Buyer may assign its rights, interests and or obligations hereunder to an Affiliate of within the Buyer's Group.

Appears in 1 contract

Samples: Stock Purchase Agreement (First Sierra Financial Inc)

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