Common use of Successors and Assigns; Third Party Beneficiaries Clause in Contracts

Successors and Assigns; Third Party Beneficiaries. This Agreement will be binding upon the Subject Party and the Subject Party’s estate, successors and assigns, and will inure to the benefit of the Covered Parties, and their respective successors and assigns. Each Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiaries, taken as a whole, without obtaining the consent or approval of the Subject Party. The Subject Party agrees that the obligations of the Subject Party under this Agreement are personal and will not be assigned by the Subject Party. Each of the Covered Parties are express third party beneficiaries of this Agreement and will be considered parties under and for purposes of this Agreement.

Appears in 22 contracts

Samples: Non Competition and Non Solicitation Agreement (Tristar Acquisition I Corp.), Form of Non Competition and Non Solicitation Agreement (Industrial Tech Acquisitions II, Inc.), Form of Non Competition and Non Solicitation Agreement (Distoken Acquisition Corp)

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Successors and Assigns; Third Party Beneficiaries. This Agreement will be binding upon the each Subject Party and the each Subject Party’s estate, successors and assigns, and will inure to the benefit of the Covered Parties, and their respective successors and assigns. Each Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiaries, taken as a whole, without obtaining the consent or approval of the either Subject Party. The Each Subject Party agrees that the obligations of the such Subject Party under this Agreement are personal and will not be assigned by the such Subject Party. Each of the Covered Parties are express third party beneficiaries of this Agreement and will be considered parties under and for purposes of this Agreement.

Appears in 15 contracts

Samples: Non Competition and Non Solicitation Agreement (Planet Green Holdings Corp.), Non Competition and Non Solicitation Agreement (MingZhu Logistics Holdings LTD), Non Competition and Non Solicitation Agreement (MingZhu Logistics Holdings LTD)

Successors and Assigns; Third Party Beneficiaries. This Agreement will be binding upon the Subject Party and the Subject Party’s estate, successors and assigns, and will inure to the benefit of the Covered Parties, and their respective successors and assigns. Each No Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiaries, taken as a whole, without first obtaining the consent or approval of the Subject PartyParty (which consent shall not be unreasonably withheld, conditioned or delayed). The Subject Party agrees that the obligations of the Subject Party under this Agreement are personal and will not be assigned by the Subject Party. Each of the Covered Parties are express third party beneficiaries of this Agreement and will be considered parties under and for purposes of this Agreement.

Appears in 8 contracts

Samples: Non Competition and Non Solicitation Agreement (New Horizon Aircraft Ltd.), Form of Non Competition and Non Solicitation Agreement (Pono Capital Three, Inc.), Non Competition and Non Solicitation Agreement (Pono Capital Two, Inc.)

Successors and Assigns; Third Party Beneficiaries. This Agreement will be binding upon the Subject Party and the Subject Party’s estate, successors and assigns, and will inure to the benefit of the Covered Parties, and their respective successors and assigns. Each Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiariessubsidiaries, taken as a whole, without obtaining the consent or approval of the Subject Party. The Subject Party agrees that the obligations of the Subject Party under this Agreement are personal and will not be assigned by the Subject Party. Each of the Covered Parties are express third party beneficiaries of this Agreement and will be considered parties under and for purposes of this Agreement.

Appears in 7 contracts

Samples: Non Competition and Non Solicitation Agreement (Nature's Miracle Holding Inc.), Non Competition and Non Solicitation Agreement (Lakeshore Acquisition I Corp.), Form of Non Competition and Non Solicitation Agreement (99 Acquisition Group Inc.)

Successors and Assigns; Third Party Beneficiaries. This Agreement will be binding upon the Subject Party Seller and the Subject PartySeller’s estate, successors and assigns, and will inure to the benefit of the Covered Parties, and their respective successors and assigns. Each Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiaries, taken as a whole, without obtaining the consent or approval of the Subject PartySeller. The Subject Party Seller agrees that the obligations of the Subject Party Seller under this Agreement are personal and will not be assigned by the Subject PartySeller. Each of the Covered Parties are express third party beneficiaries of this Agreement and will be considered parties under and for purposes of this Agreement.

Appears in 7 contracts

Samples: Non Competition and Non Solicitation Agreement (Akerna Corp.), Non Competition and Non Solicitation Agreement (Akerna Corp.), Non Competition and Non Solicitation Agreement (MTech Acquisition Holdings Inc.)

Successors and Assigns; Third Party Beneficiaries. This Agreement will be binding upon the Subject Party Executive and the Subject PartyExecutive’s estate, successors and assigns, and will inure to the benefit of the Covered Parties, and their respective successors and assigns. Each Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which that acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiariessubsidiaries, taken as a whole, without obtaining the consent or approval of the Subject PartyExecutive. The Subject Party Executive agrees that the obligations of the Subject Party Executive under this Agreement are personal and will not be assigned by the Subject PartyExecutive. Each of the Covered Parties are express third party beneficiaries of this Agreement and will be considered parties under and for purposes of this Agreement.

Appears in 6 contracts

Samples: Non Competition and Non Solicitation Agreement (PSQ Holdings, Inc.), Non Competition and Non Solicitation Agreement (PSQ Holdings, Inc.), Non Competition and Non Solicitation Agreement (PSQ Holdings, Inc.)

Successors and Assigns; Third Party Beneficiaries. This Agreement will be binding upon the Subject Party Owner and the Subject PartyOwner’s estate, successors and assigns, and will inure to the benefit of the Covered Parties, and their respective successors and assigns. Each Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiaries, taken as a whole, without obtaining the consent or approval of the Subject PartyOwner. The Subject Party Owner agrees that the obligations of the Subject Party Owner under this Agreement are personal and will not be assigned by the Subject PartyOwner. Each of the Covered Parties are express third party beneficiaries of this Agreement and will be considered parties under and for purposes of this Agreement.

Appears in 3 contracts

Samples: Merger Agreement (Hightimes Holding Corp.), Non Competition and Non Solicitation Agreement (Origo Acquisition Corp), Non Competition and Non Solicitation Agreement (Atlantic Alliance Partnership Corp.)

Successors and Assigns; Third Party Beneficiaries. This Agreement will be binding upon the Subject Party and the Subject Party’s estate, successors and assigns, and will inure to the benefit of the Covered Parties, and their respective successors and assigns. Each Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiaries, taken as a whole, without obtaining the consent or approval of the Subject Party. The Subject Party agrees that the obligations of the Subject Party under this Agreement are personal and will not be assigned by the Subject Party. Each of the Covered Parties are express third party beneficiaries of this Agreement and will be considered parties under and for purposes of this Agreement.

Appears in 2 contracts

Samples: Plan of Merger (New Age Beverages Corp), Non Competition and Non Solicitation Agreement (Bison Capital Acquisition Corp.)

Successors and Assigns; Third Party Beneficiaries. This Agreement will be binding upon the each Subject Party and the each Subject Party’s estate, successors and assigns, and will inure to the benefit of the Covered Parties, and their respective successors and assigns. Each Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which acquirespurchases, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiaries, taken as a whole, without obtaining the consent or approval of the Subject PartyParties. The Each Subject Party agrees that the obligations of the such Subject Party under this Agreement are personal and will not be assigned by the such Subject Party. Each of the Covered Parties are express third party beneficiaries of this Agreement and will be considered parties under and for purposes of this Agreement.

Appears in 2 contracts

Samples: Non Competition and Non Solicitation Agreement (Tempus Applied Solutions Holdings, Inc.), Non Competition and Non Solicitation Agreement (Chart Acquisition Corp.)

Successors and Assigns; Third Party Beneficiaries. This Agreement will be binding upon the Subject Party and the Subject Party’s estate, successors and assigns, and will inure to the benefit of the Covered Parties, and their respective successors and assigns. Each Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiaries, taken as a whole, without obtaining the consent or approval of the Subject Party; provided that the obligations of the Subject Party hereunder are not expanded in any respect. The Subject Party agrees that the obligations of the Subject Party under this Agreement are personal and will not be assigned by the Subject Party. Each of the Covered Parties are express third party beneficiaries of this Agreement and will be considered parties under and for purposes of this Agreement.

Appears in 2 contracts

Samples: Non Competition and Non Solicitation Agreement (Proficient Alpha Acquisition Corp), Non Competition and Non Solicitation Agreement (Proficient Alpha Acquisition Corp)

Successors and Assigns; Third Party Beneficiaries. This Agreement will be binding upon the Subject Party Seller and the Subject PartySeller’s estate, successors and assigns, and will inure to the benefit of the Covered Parties, and their respective successors and assigns. Each Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiaries, taken as a whole, without obtaining the consent or approval of the Subject PartySeller. The Subject Party Seller agrees that the obligations of the Subject Party Seller under this Agreement are personal and will not be assigned by the Subject PartySeller. Each of the Covered Parties are express third party beneficiaries of this Agreement and will be considered parties under and for purposes of this Agreement.

Appears in 2 contracts

Samples: Non Competition and Non Solicitation Agreement (Greenland Acquisition Corp.), Non Competition and Non Solicitation Agreement (JM Global Holding Co)

Successors and Assigns; Third Party Beneficiaries. The Subject Party agrees that the obligations of the Subject Party under this Agreement are personal and may not be assigned by the Subject Party. This Agreement will be binding upon the Subject Party and the Subject Party’s estate, successors estate and assignssuccessors, and will inure to the benefit of the Covered Parties, Parties and their respective successors and assigns. Each Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Affiliate or to any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiaries, taken as a whole, without obtaining the consent or approval of the Subject Party. The Subject Party agrees that the obligations of the Subject Party under this Agreement are personal and will not be assigned by the Subject Partyor any other party. Each of the Covered Parties are express third party beneficiaries of this Agreement and will be considered parties under and for purposes of this Agreement.

Appears in 1 contract

Samples: Non Competition and Non Solicitation Agreement (DELTA CORP. HOLDINGS LTD)

Successors and Assigns; Third Party Beneficiaries. This Agreement will be binding upon the Subject Party Sellers and the Subject Party’s estatetheir respective estates, heirs, successors and assigns, and will inure to the benefit of the Covered Parties, and their respective successors and assigns. Each Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiaries, taken as a whole, without obtaining the consent or approval of the Subject Partyany Seller. The Subject Party Each Seller agrees that the obligations of the Subject Party such Seller under this Agreement are personal and will not be assigned by the Subject Partysuch Seller. Each of the Covered Parties are express third party beneficiaries of this Agreement and will be considered parties under and for purposes of this Agreement.

Appears in 1 contract

Samples: Non Competition and Non Solicitation Agreement (Purple Innovation, Inc.)

Successors and Assigns; Third Party Beneficiaries. This Agreement will be binding upon the Subject Party and the Subject Party’s estate, successors and assigns, and will inure to the benefit of the Covered Parties, Parties and their respective successors and assigns. Each Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to a Covered Person or any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiaries, taken as a whole, without obtaining the consent or approval of the Subject PartyParty so long as such Person assumes in writing the obligations of its transferor under this Agreement. The Subject Party agrees that the obligations of the Subject Party under this Agreement are personal and will not be assigned by the Subject Party. Each of the Covered Parties are express third party beneficiaries of this Agreement and will be considered parties under and for purposes of this Agreement.

Appears in 1 contract

Samples: Non Competition and Non Solicitation Agreement (Onconetix, Inc.)

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Successors and Assigns; Third Party Beneficiaries. This Agreement will be binding upon the Subject Party and the Subject Party’s estate, successors and assigns, and will inure to the benefit of the Covered Parties, and their respective successors and assigns. Each Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiariessubsidiaries, taken as a whole, without obtaining the consent or approval of the Subject PartyParty so long as such Person assumes in writing the obligations of its transferor under this Agreement. The Subject Party agrees that the obligations of the Subject Party under this Agreement are personal and will not be assigned by the Subject Party. Each of the Covered Parties are express third party beneficiaries of this Agreement and will be considered parties under and for purposes of this Agreement.

Appears in 1 contract

Samples: Non Competition and Non Solicitation Agreement (PSQ Holdings, Inc.)

Successors and Assigns; Third Party Beneficiaries. This Agreement will be binding upon the Subject Party and the Subject Party’s estate, successors and assigns, and will inure to the benefit of the Covered Parties, and their respective successors and assigns, including any successor by merger or consolidation. Each Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiaries, taken as a whole, without obtaining the consent or approval of the Subject Party. The Subject Party agrees that the obligations of the Subject Party under this Agreement are personal and will not be assigned by the Subject Party. Each of the Covered Parties are express third party beneficiaries of this Agreement and will be considered parties under and for purposes of this Agreement.

Appears in 1 contract

Samples: Non Competition and Non Solicitation Agreement (Galileo Acquisition Corp.)

Successors and Assigns; Third Party Beneficiaries. This Agreement will be binding upon the Subject Party Parent and the Subject PartyParent’s estate, successors and assigns, and will inure to the benefit of the Covered Parties, and their respective successors and assigns. Each Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiaries, taken as a whole, without obtaining the consent or approval of the Subject PartyParent. The Subject Party Parent agrees that the obligations of the Subject Party Parent under this Agreement are personal and will not be assigned by the Subject PartyParent. Each of the Covered Parties are express third party beneficiaries of this Agreement and will be considered parties under and for purposes of this Agreement.

Appears in 1 contract

Samples: Non Competition and Non Solicitation Agreement (Malacca Straits Acquisition Co LTD)

Successors and Assigns; Third Party Beneficiaries. This Agreement will be binding upon the Subject Party and the Subject Party’s estate, successors and assigns, and will inure to the benefit of the Covered Parties, and their respective successors and assigns. Each Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiaries, taken as a whole, without obtaining the consent or approval of the Subject Party. The Subject Party agrees that the obligations of the Subject Party under this Agreement are personal and will not be assigned by the Subject Party. Each of the Covered Parties are is express third party beneficiaries beneficiary of this Agreement and will be considered parties under and for purposes of this Agreement.

Appears in 1 contract

Samples: Non Competition and Non Solicitation Agreement (Malacca Straits Acquisition Co LTD)

Successors and Assigns; Third Party Beneficiaries. This Agreement will be binding upon the Subject Party and the Subject Party’s estate, successors and assigns, and will inure to the benefit of the Covered Parties, and their respective successors and assigns. Each Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiaries, taken as a whole, without obtaining the consent or approval of the Subject Party. The Subject Party agrees that the obligations of the Subject Party under this Agreement are personal and will not be assigned by the Subject Party. Each of the Covered Parties are express third party beneficiaries of this Agreement and will be considered parties under and for purposes of this Agreement. The Purchaser Representative will be a third-party beneficiary to enforce the applicable provisions of this Agreement.

Appears in 1 contract

Samples: Non Competition and Non Solicitation Agreement (Apeiron Capital Investment Corp.)

Successors and Assigns; Third Party Beneficiaries. The Subject Party agrees that the obligations of the Subject Party under this Agreement are personal and may not be assigned by the Subject Party. This Agreement will be binding upon the Subject Party and the Subject Party’s estate, successors estate and assignssuccessors, and will inure to the benefit of the Covered Parties, Parties and their respective successors and assigns. Each Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiaries, taken as a whole, without obtaining the consent or approval of the Subject Party. The Subject Party agrees that the obligations of the Subject Party under this Agreement are personal and will not be assigned by the Subject Party. Each of the Covered Parties are express third party beneficiaries of this Agreement and will be considered parties under and for purposes of this Agreement.

Appears in 1 contract

Samples: Non Competition and Non Solicitation Agreement (Hainan Manaslu Acquisition Corp.)

Successors and Assigns; Third Party Beneficiaries. This Agreement will be binding upon the Subject Party Seller and the Subject PartySxxxxx’s estate, successors and assigns, and will inure to the benefit of the Covered Parties, and their respective successors and assigns. Each Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiaries, taken as a whole, without obtaining the consent or approval of the Subject PartySeller. The Subject Party Sxxxxx agrees that the obligations of the Subject Party Seller under this Agreement are personal and will not be assigned by the Subject PartySxxxxx. Each of the Covered Parties are express third party beneficiaries of this Agreement and will be considered parties under and for purposes of this Agreement.

Appears in 1 contract

Samples: Non Competition and Non Solicitation Agreement (Capitalworks Emerging Markets Acquisition Corp)

Successors and Assigns; Third Party Beneficiaries. This Agreement will shall be binding upon the Subject Party and the Subject Party’s estate, successors and permitted assigns, and will shall inure to the benefit of the Covered Permitted Parties, and their respective successors and permitted assigns. Each Covered Permitted Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Permitted Party or all or substantially all of the assets of such Covered Permitted Party and its Subsidiaries, taken as a whole, without obtaining the consent or approval of the Subject Party. The Subject Party agrees that the obligations of the Subject Party under this Agreement are personal and will not be assigned by the Subject Party. Each of the Covered Permitted Parties are express third third-party beneficiaries of this Agreement and will shall be considered parties under and for purposes of this Agreement.

Appears in 1 contract

Samples: Non Competition and Non Solicitation Agreement (Kludein I Acquisition Corp)

Successors and Assigns; Third Party Beneficiaries. This Agreement will be binding upon the Subject Party and the Subject Party’s estate, successors and assigns, and will inure to the benefit of the Covered Parties, and their respective successors and assigns. Each Covered Party may freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which acquires, in one or more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or all or substantially all of the assets of such Covered Party and its Subsidiaries, taken as a whole, without obtaining the consent or approval of the Subject Party. The Subject Party agrees that the obligations of the Subject Party under this Agreement are personal and will not be assigned by the Subject Party. Each of the Covered Parties are express third party beneficiaries of this Agreement and will be considered parties “parties” under and for purposes of this Agreement.

Appears in 1 contract

Samples: Non Competition and Non Solicitation Agreement (Biolife Solutions Inc)

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