Common use of Assignment; Successors in Interest Clause in Contracts

Assignment; Successors in Interest. No assignment or transfer by any Party of such Party’s rights and obligations under this Agreement will be made except with the prior written consent of the other Parties to this Agreement; provided, however, that the Purchasers shall, without the obligation to obtain the prior written consent of any other Party to this Agreement, be entitled to assign this Agreement or all or any part of its rights or obligations hereunder to any one (1) or more Affiliates of the Purchasers and/or as collateral to any Person providing financing for the transactions contemplated by this Agreement. This Agreement will be binding upon and will inure to the benefit of the Parties and their successors and permitted assigns, and any reference to a Party will also be a reference to a successor or permitted assign.

Appears in 2 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement (PRGX Global, Inc.)

Assignment; Successors in Interest. No assignment or transfer by any Party of such Party’s 's rights and obligations under this Agreement will be made except with the prior written consent of the other Parties to this Agreement; provided, however, provided that the Purchasers Buyer shall, without the obligation to obtain the prior written consent of any other Party to this Agreement, be entitled to assign this Agreement or all or any part of its rights or obligations hereunder to any one (1) or more Affiliates of the Purchasers and/or as collateral to any Person providing financing for Buyer and further provided that, in such event, the transactions contemplated by this AgreementBuyer shall not be released from its obligations hereunder. This Agreement will be binding upon and will inure to the benefit of the Parties and their successors and permitted assigns, and any reference to a Party will also be a reference to a successor or permitted assign.

Appears in 1 contract

Sources: Asset Purchase Agreement (Arris Group Inc)

Assignment; Successors in Interest. No assignment or transfer by any Party party of such Partyparty’s rights and obligations under this Agreement will be made except with the prior written consent of the other Parties parties to this Agreement; provided, however, that the Purchasers shallPurchaser may assign any or all of its rights, obligations and interests hereunder without the obligation to obtain the prior any such written consent of any other Party to this Agreement, be entitled to assign this Agreement or all or any part of its rights or obligations hereunder to any one (1) or more Affiliates Affiliate of the Purchasers and/or as collateral Purchaser or to any Person providing of the Purchaser’s lenders as security for any obligations arising in connection with the financing for of the transactions contemplated by this Agreementhereby. This Agreement will be binding upon and will inure to the benefit of the Parties parties and their successors and permitted assigns, and any reference to a Party party will also be a reference to a successor or permitted assign.

Appears in 1 contract

Sources: Securities Purchase Agreement (Vahanna Tech Edge Acquisition I Corp.)

Assignment; Successors in Interest. No assignment or transfer by any Party of such Party’s rights and obligations under this Agreement will shall be made except with the prior written consent of the other Parties to this Agreement; provided, however, that the Purchasers shallPurchaser may assign any or all of its rights, obligations and interests hereunder without the obligation to obtain the prior any such written consent of any other Party to this Agreement, be entitled to assign this Agreement or all or any part of its rights or obligations hereunder to any one (1) or more Affiliates Affiliate of the Purchasers and/or as collateral Purchaser or to any Person providing of the Purchaser’s lenders as security for any obligations arising in connection with the financing for of the transactions contemplated by this Agreementhereby so long as the Purchaser continues to remain liable hereunder. This Agreement will shall be binding upon and will shall inure to the benefit of the Parties and their successors and permitted assigns, and any reference to a Party will shall also be a reference to a successor or permitted assign.

Appears in 1 contract

Sources: Securities Purchase Agreement (Addus HomeCare Corp)

Assignment; Successors in Interest. No assignment or transfer by any Party of such Party’s rights and obligations under this Agreement will be made except with the prior written consent of the other Parties to this Agreement; provided, however, that the Purchasers shallPurchaser may assign any or all of its rights, obligations and interests hereunder without the obligation to obtain the prior any such written consent of any other Party to this Agreement, be entitled to assign this Agreement or all or any part of its rights or obligations hereunder to any one (1) or more Affiliates Affiliate of the Purchasers and/or as collateral Purchaser or to any Person providing of the Purchaser’s lenders as security for any obligations arising in connection with the financing for of the transactions contemplated by this Agreementhereby. This Agreement will be binding upon and will inure to the benefit of the Parties and their successors and permitted assigns, and any reference to a Party will also be a reference to a successor or permitted assign.

Appears in 1 contract

Sources: Stock Purchase Agreement (Morlex Inc /Co)

Assignment; Successors in Interest. (a) No assignment Party may assign any of its rights or transfer by delegate any Party of such Party’s rights and its obligations under this Agreement will be made except with without the prior written consent of the other Parties to this Agreement; provided, however, that the Purchasers Company agrees that the Purchaser shall, without the obligation to obtain the prior written consent of any other Party to this Agreement, be entitled to assign this Agreement or all or any part of its rights or obligations hereunder to any one (1) or more Affiliates of the Purchasers and/or as collateral Environmental Indemnification Obligations to any Person providing financing for to which the transactions contemplated by this Agreement. Purchaser sells or conveys the Owned Real Property or assigns the Leased Real Property. (b) This Agreement will be binding upon and will inure to the benefit of the Parties and their successors and permitted assigns, and any reference to a Party will also be a reference to a successor or permitted assign.

Appears in 1 contract

Sources: Asset Purchase Agreement (North American Galvanizing & Coatings Inc)

Assignment; Successors in Interest. No assignment or transfer by any Party of such Party’s rights and obligations under this Agreement will be made except with the prior written consent of the other Parties to this Agreement; provided, however, that the Purchasers Purchaser shall, without the obligation to obtain the prior written consent of any other Party to this Agreement, be entitled to assign this Agreement or all or any part of its rights or obligations hereunder to any one (1) or more Affiliates of the Purchasers Purchaser and/or as collateral to any Person providing financing for the transactions contemplated by this Agreement. This Agreement will be binding upon and will inure to the benefit of the Parties and their successors and permitted assigns, and any reference to a Party will also be a reference to a successor or permitted assign.

Appears in 1 contract

Sources: Merger Agreement (PRGX Global, Inc.)

Assignment; Successors in Interest. No assignment or transfer by any Party of such Party’s rights and obligations under this Agreement will hereunder shall be made except with the prior written consent of the other Parties to this AgreementParties; provided, however, provided that the Purchasers Purchaser shall, without the obligation to obtain the prior written consent of any other Party to this AgreementParty, be entitled to assign this Agreement or all or any part of its rights or obligations hereunder to any one (1) or more Affiliates of the Purchasers and/or as collateral to Purchaser (provided, however, that no such assignment by the Purchaser shall relieve it of any Person providing financing for the transactions contemplated by this Agreementof its obligations hereunder). This Agreement will shall be binding upon and will shall inure to the benefit of the Parties and their respective successors and permitted assigns, and any reference to a Party will shall also be a reference to a successor or the successors and permitted assignassigns thereof.

Appears in 1 contract

Sources: Merger Agreement (Roper Industries Inc /De/)