Assignment, Etc. Except as provided below, none of the parties hereto shall have the right to assign this Agreement without the prior written consent of each of the other parties. Notwithstanding the foregoing, (a) any Manager may assign all or part of its rights and obligations hereunder to any of its respective affiliates which provides services similar to those called for by this Agreement, in which event such Manager shall be released of its rights to fees under Section 2 and reimbursement of expenses under Section 4(a) and all of its obligations hereunder and (b) the provisions hereof for the benefit of Indemnitees of the Managers shall inure to the benefit of such Indemnitees and their successors and assigns.
Appears in 4 contracts
Sources: Management Agreement (Sungard Capital Corp), Management Agreement (Sungard Data Systems Inc), Management Agreement (Univision Communications Inc)
Assignment, Etc. Except as provided below, none of the parties hereto shall will have the right to assign this Agreement without the prior written consent of each of the other parties. Notwithstanding the foregoing, (a) any each Manager may assign all or part of its rights and obligations hereunder to any of its respective affiliates which that provides services similar to those called for by this Agreement, in which event such Manager shall will no longer be released of its rights entitled to any fees under Section 2 and reimbursement of expenses under Section 4(a2(a) and Section 5(a) and will be released of all of its obligations hereunder and (b) the provisions hereof for the benefit of Indemnitees of the Managers shall will inure to the benefit of such Indemnitees and their successors and assigns.
Appears in 4 contracts
Sources: Services Agreement (Harrahs Entertainment Inc), Management Services Agreement (LVB Acquisition, Inc.), Services Agreement (Harrahs Entertainment Inc)
Assignment, Etc. Except as provided below, none of the parties hereto shall will have the right to assign this Agreement without the prior written consent of each of the other parties. Notwithstanding the foregoing, (a) any Manager may assign all or part of its rights and obligations hereunder to any of its respective affiliates which provides services similar to those called for by this Agreement, in which event such Manager shall will be released of its rights to fees under Section 2 and reimbursement of expenses under Section 4(a5(a) and all of its obligations hereunder and (b) the provisions hereof for the benefit of Indemnitees of the Managers shall will inure to the benefit of such Indemnitees and their successors and assigns.
Appears in 2 contracts
Sources: Management Services Agreement (Neiman Marcus, Inc.), Management Services Agreement (Neiman Marcus Group Inc)
Assignment, Etc. Except as provided below, none neither of the parties hereto shall have the right to assign this Agreement without the prior written consent of each of the other partiesparty. Notwithstanding the foregoing, (a) any the Manager may assign all or part of its rights and obligations hereunder to any of its respective affiliates Affiliates which provides services similar to those called for by this Agreement, in which event such the Manager shall be released of its rights to fees under Section 2 and reimbursement of expenses under Section 4(a) and all of its obligations hereunder hereunder, so long as such obligations are assumed by such Affiliate and (b) the provisions hereof for the benefit of Indemnitees of the Managers Manager shall inure to the benefit of such Indemnitees and their successors and assignsassigns and each of such Indemnitees shall be third party beneficiaries of such provisions entitled to enforce such provisions against the Company.
Appears in 1 contract
Assignment, Etc. Except as provided below, none of the parties hereto shall have the right to assign this Agreement without the prior written consent of each of the other parties. Notwithstanding the foregoing, (a) any the Manager may assign all or part of its rights and obligations hereunder to any of its respective affiliates which provides services similar to those called for by this Agreement, in which event such the Manager shall be released of all or a part of its rights to fees under Section 2 and reimbursement of expenses under Section 4(a) and all or a part of its obligations hereunder hereunder. This Agreement shall bind and (b) inure solely to the benefit of the parties hereto and their respective successors and permitted assigns, provided, however, that the provisions hereof for the benefit of Indemnitees of the Managers Manager shall inure to the benefit of and be enforceable by such Indemnitees and their successors and assignssuccessors.
Appears in 1 contract
Assignment, Etc. Except as provided below, none of the parties hereto shall will have the right to assign this Agreement without the prior written consent of each of the other parties. Notwithstanding the foregoing, (a) any each Manager may assign all or part of its rights and obligations hereunder to any of its respective affiliates which that provides services similar to those called for by this Agreement, in which event such Manager shall will no longer be released of its rights entitled to any fees under Section 2 and reimbursement of expenses under Section 4(a5(a) and will be released of all of its obligations hereunder and (b) the provisions hereof for the benefit of Indemnitees of the Managers shall will inure to the benefit of such Indemnitees and their successors and assigns.
Appears in 1 contract
Sources: Management Services Agreement (Aleris International, Inc.)
Assignment, Etc. Except as provided below, none of the parties hereto shall have the right to assign this Agreement without the prior written consent of each of the other parties. Notwithstanding the foregoing, (a) any Manager may assign all or part of its rights and obligations hereunder to any of its respective affiliates which provides services similar to those called for by this Agreement, in which event such Manager shall be released of all or a part of its rights to fees under Section 2 and reimbursement of expenses under Section 4(a) and all or a part of its obligations hereunder and (b) the provisions hereof for the benefit of Indemnitees of the Managers shall inure to the benefit of such Indemnitees and their successors and assigns.
Appears in 1 contract