successors in title definition

successors in title means any person who -
Sample 1Sample 2
successors in title means any person who - 21.5.1. acquires the goodwill of the business; or 21.5.2. becomes the beneficial owner of such goodwill through his shareholding in any company; or 21.5.3. has acquired by cession the right to enforce the restraints embodied herein. 21.6. The provisions of this clause 21 shall apply mutatis mutandis to XXXXXXXX, who undertakes to be bound thereby, any reference to the seller being read as a reference to XXXXXXXX. 21.7. Nothing contained in this clause 21 shall operate to prohibit or restrict the seller and/or XXXXXXXX retaining an interest in D&N WHOLESALERS CC ("D&N"), which is principally involved in the decanting, filling of glycerine, the sale thereof and the distribution of cosmetics, provided that D&N shall insofar as deodorants, hand and body lotions and perfumes are concerned, restrict its activities to the distribution of the latter products.
Sample 1

Related to successors in title

  • Successors and Assigns as used herein shall mean a corporation or other entity acquiring all or substantially all the assets and business of the Company (including this Agreement) whether by operation of law or otherwise.

  • assigns shall not include any purchaser of Securities merely because of such purchase.

  • Successors as used in this Agreement shall not include any purchaser, as such purchaser, of any of the [Unsecured Notes] from any of the respective Underwriters.

  • Assignees has the meaning specified in Section 10.07(b).

  • Permitted Assigns means a Transferee of shares of Common Stock that agrees to become party to, and to be bound to the same extent as its Transferor by the terms of, this Agreement.

  • Permitted Assignees means: (a) Agent, any Lender or any of their direct or indirect Affiliates; and (b) any fund that is administered or managed by Agent or any Lender, an Affiliate of Agent or any Lender or a related entity.

  • Transferees as defined in subsection 10.5(g).

  • Permitted Assign means, for a person that is an employee, executive officer, director or consultant of an issuer or of a related entity of the issuer,

  • Heirs means those persons, including the surviving spouse, who are entitled under the statutes of intestate succession to the property of a decedent.

  • Assign means to directly or indirectly sell, transfer, assign, distribute, exchange, pledge, hypothecate, mortgage, grant a security interest in, encumber or otherwise dispose of Registrable Securities, whether voluntarily or by operation of law, including by way of a merger. “Assignor,” “Assignee,” “Assigning” and “Assignment” have meanings corresponding to the foregoing.

  • Estates means the estates of the Debtors created by section 541 of the Bankruptcy Code upon the commencement of the Chapter 11 Cases.

  • Assignors means, at any time, the Lenders to be replaced by the Company pursuant to Section 2.15(b)(ii)(2)(Y). The “Assumed Commitment” of each Assignee shall be determined as follows:

  • Successor Landlord shall have the meaning given such term in Section 20.2.

  • Permitted Assignment means a Permitted Subsidiary Assignment or a Permitted Third-Party Assignment.

  • Permitted Assignee means (a) with respect to a partnership, its partners or former partners in accordance with their partnership interests, (b) with respect to a corporation, its stockholders in accordance with their interest in the corporation, (c) with respect to a limited liability company, its members or former members in accordance with their interest in the limited liability company, (d) with respect to an individual party, any Family Member of such party, (e) an entity that is controlled by, controls, or is under common control with a transferor, or (f) a party to this Agreement.

  • Vendee means the vendee named in the land contract and the vendee's heirs, successors, or assigns.

  • Assignee as defined in Section 10.6(b).

  • Third Party Beneficiaries has the meaning given to it in Clause 45.1;

  • Third Party Beneficiary means each of the non-NHS bodies set out in the list attached at Schedule 1, as supplied from time to time by the Authority to the Contractor;

  • Successor Operator means a Train Operator succeeding or intended by the Secretary of State to succeed (and whose identity is notified to the Franchisee by the Secretary of State) the Franchisee in the provision or operation of all or any of the Franchise Services including, where the context so admits, the Franchisee where it is to continue to provide or operate the Franchise Services following termination of the Franchise Agreement;

  • Bind, "binding," or "bound" means securing more than one piece of paper

  • Personal representative means the person or persons who, upon the disability or incompetence of a Participant, shall have acquired on behalf of the Participant, by legal proceeding or otherwise, the power to exercise the rights or receive benefits under this Plan and who shall have become the legal representative of the Participant.

  • Representatives means, with respect to any Person, the officers, directors, employees, accountants, consultants, agents, legal counsel, financial advisors and other representatives of such Person.

  • Successor in Interest means any (i) trustee, custodian, receiver or other Person acting in any Bankruptcy or reorganization proceeding with respect to, (ii) assignee for the benefit of the creditors of, (iii) trustee or receiver, or current or former officer, director or partner, or other fiduciary acting for or with respect to the dissolution, liquidation or termination of, or (iv) other executor, administrator, committee, legal representative or other successor or assign of, any Member, whether by operation of law or otherwise.

  • assignment shall have the same meanings of such terms in the 1940 Act.)