Common use of Assignment Neither Clause in Contracts

Assignment Neither. Contracting Party shall assign this Agreement, or any amounts payable pursuant to this Agreement, without the prior consent of the other; provided, however, that Customer Party may assign this Agreement to: (1) an entity acquiring all or substantially all of the assets of Customer Party; (2) the successor in any merger involving Customer Party; or (3) an Affiliate of Customer Party; provided, however, that such assignment shall not relieve the Customer Party from its obligations under this Agreement. This Agreement shall be binding upon the successors and permitted assigns of the Contracting Parties.

Appears in 2 contracts

Sources: Information Technology Services Agreement, Information Technology Services Agreement (Broadridge Financial Solutions, Inc.)