Common use of Successors and Permitted Assigns Clause in Contracts

Successors and Permitted Assigns. This Agreement may not be assigned by either party hereto without the prior written consent of the other party. Subject to the foregoing, all of the terms and provisions of this Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Li3 Energy, Inc.), Stock Purchase Agreement (Li3 Energy, Inc.)

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Successors and Permitted Assigns. This Agreement may not shall be assigned by either party hereto without the prior written consent of the other party. Subject to the foregoing, all of the terms binding upon and provisions of this Agreement shall inure to the benefit of and be binding upon the parties hereto Parties and their respective successors and permitted assigns. No Party may assign its rights under this Agreement without the prior written consent of each other Party hereto, which consent may be withheld in such other Party’s sole discretion.

Appears in 2 contracts

Samples: Contribution Agreement (Costamare Partners LP), Contribution Agreement (Costamare Partners LP)

Successors and Permitted Assigns. This Agreement may not shall be assigned by either party hereto binding upon and inure to the benefit of the Parties and their respective successors and permitted assigns, provided, however, except as set forth in Section 2.7, neither Party shall have the right to assign its rights and/or obligations under the Agreement without the prior written consent of the other partyParty, and any such assignment or transfer, whether effected directly or indirectly, shall be void. Subject to Nothing herein shall prevent Buyer after the foregoingClosing from assigning any of its right, all of title and interest in the terms and provisions of this Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assignsAssets.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (SM Energy Co), Purchase and Sale Agreement (Oasis Petroleum Inc.)

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Successors and Permitted Assigns. This No party may assign either this Agreement may not be assigned by either party hereto or any of its rights, interests or obligations hereunder without the prior written consent approval of the other party. Subject to the foregoing, all and any such assignment by a party without prior written approval of the terms other party will be deemed invalid and provisions not binding on such other party. All of the terms, agreements, covenants, representations, warranties and conditions of this Agreement shall are binding upon, and inure to the benefit of and be binding upon are enforceable by, the parties hereto and their respective successors and permitted assigns.

Appears in 1 contract

Samples: Assignment and Plan of Distribution Agreement (Seneca Erie Gaming Corp)

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