Assignment; Parties in Interest. This Agreement may not be transferred, assigned, pledged or hypothecated by any party hereto without the express written consent of the other party hereto, other than by operation of law; provided, however, that the Parent may assign its rights, interests and obligations hereunder to any direct or indirect wholly owned Subsidiary or to any Affiliate; provided, further, that if the Parent makes any assignment referred to above, the Parent shall remain liable under this Agreement. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective heirs, executors, administrators, successors and permitted assigns.
Appears in 2 contracts
Sources: Merger Agreement (Media Technologies, Inc.), Merger Agreement (Anoteros, Inc.)
Assignment; Parties in Interest. This Agreement may not be transferred, assigned, pledged or hypothecated by any party Party hereto without the express written consent of the other party Party hereto, other than by operation of law; provided, however, that the Parent Purchaser may assign its rights, interests and obligations hereunder to any direct or indirect wholly owned Subsidiary or to subsidiary, but notwithstanding any Affiliate; providedsuch assignment, further, that if the Parent makes any assignment referred to above, the Parent shall Purchaser will remain liable under this Agreement. This Agreement shall will be binding upon and shall will inure to the benefit of the parties Parties hereto and their respective heirs, executors, administrators, successors and permitted assigns.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Astronics Corp), Asset Purchase Agreement (Astronics Corp)
Assignment; Parties in Interest. This Agreement may not be transferred, assigned, pledged or hypothecated by any party hereto without the express written consent of the other party hereto, other than by operation of law; provided, however, that the Parent Purchaser may assign its rights, interests and obligations hereunder to any direct or indirect wholly owned Subsidiary or to any Affiliate; Affiliate and provided, further, that if the Parent Purchaser makes any assignment referred to above, the Parent shall Purchaser will remain liable under this Agreement. This Agreement shall be is binding upon and shall will inure to the benefit of the parties hereto and their respective heirs, executors, administrators, successors and permitted assigns.
Appears in 1 contract
Assignment; Parties in Interest. This Agreement may not be transferred, assigned, pledged or hypothecated by either Party (whether voluntarily, involuntarily, by way of merger or otherwise) to any party hereto other Person without the express prior written consent of the other party hereto, other than by operation of law; provided, however, Party except that the Parent Seller may assign without the prior written consent of Purchaser its rights, interests and obligations hereunder rights to any direct or indirect wholly owned Subsidiary or to any Affiliate; provided, further, that if receive the Parent makes any assignment referred to above, the Parent shall remain liable under this AgreementPurchase Price. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto Parties and their respective heirs, executors, administrators, successors and permitted assigns.
Appears in 1 contract
Sources: Asset Purchase Agreement (Genaissance Pharmaceuticals Inc)
Assignment; Parties in Interest. This Except as permitted by Section 2.1 hereof or as required by operation of law, this Agreement may shall not be transferred, assigned, pledged or hypothecated assignable by any party the parties hereto without the express prior written consent of the other party heretoparties. Notwithstanding the foregoing, other than by operation of law; provided, however, that the Parent Purchaser may assign its rights, interests and obligations hereunder this Agreement to any direct an entity which controls or indirect wholly owned Subsidiary or to any Affiliate; provided, further, that if is controlled by the Parent makes any assignment referred to above, the Parent shall remain liable under this Agreementsame persons who control Purchaser. This Agreement shall will be binding upon and shall upon, inure to the benefit of and be enforceable by the parties hereto and their respective heirs, executors, administrators, successors and permitted assigns.
Appears in 1 contract
Assignment; Parties in Interest. This Agreement may not be transferred, assigned, pledged or hypothecated by any party hereto without the express written consent of the other party hereto, other than by operation of law; provided, however, that the Parent Purchaser may assign its rights, interests and obligations hereunder to any direct or indirect wholly owned Subsidiary or to any Affiliate; provided, further, that if the Parent makes any assignment referred to above, the Parent shall remain liable under this Agreement. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective heirs, executors, administrators, successors and permitted assigns.
Appears in 1 contract
Assignment; Parties in Interest. This Agreement may not be transferred, assigned, pledged or hypothecated by any party hereto without the express written consent of the other party hereto, other than by operation of law; provided, however, that the Parent Purchaser may assign its rights, interests and obligations hereunder to any direct or indirect wholly owned Subsidiary or to subsidiary, but notwithstanding any Affiliatesuch assignment, Purchaser will remain liable under this Agreement; and provided, further, that if the Parent makes any assignment referred Seller may assign its rights, interests and obligations hereunder to above, the Parent shall remain liable under this AgreementParent. This Agreement shall will be binding upon and shall will inure to the benefit of the parties hereto and their respective heirs, executors, administrators, successors and permitted assigns.
Appears in 1 contract