Assigns and Successors Clause Samples
The "Assigns and Successors" clause defines how rights and obligations under a contract may be transferred to other parties, such as assignees or successors. Typically, this clause specifies whether a party can assign its interests in the agreement to another entity, and whether the contract remains binding on successors in the event of mergers, acquisitions, or other changes in control. For example, it may require written consent before assignment or automatically bind any future owners of a party’s business. Its core function is to ensure continuity and clarity regarding who is responsible for fulfilling contractual duties if ownership or control changes, thereby preventing disputes over enforceability.
POPULAR SAMPLE Copied 1 times
Assigns and Successors. This contract is binding on the County and the Contractor, their successors and assigns. Neither the County nor the Contractor will assign or transfer its interest in this contract without the written consent of the other.
Assigns and Successors. The rights and obligations of Company under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of Company and Executive, provided, however, that Executive shall not assign or anticipate any of his rights hereunder, whether by operation of law or otherwise. For purposes of this Agreement, "Company" shall also refer to any successor to Holding Company or Bank, whether such succession occurs by merger, consolidation, purchase and assumption, sale of assets or otherwise.
Assigns and Successors. The rights and obligations of the Company under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of the Company and the rights and obligations of Employee shall move to the benefit of and shall be binding on Employee and his legal representatives or heirs. This agreement constitutes a personal service agreement and Employee’s obligations hereunder may not be transferred or assigned by Employee.
Assigns and Successors. This Agreement shall inure to the benefit of the Company’s assigns and successors and its and their direct and indirect subsidiaries.
Assigns and Successors. Contractor shall not assign, transfer, or delegate any rights, obligations, or duties under this Contract without the prior written consent of UNLV. Notwithstanding the foregoing, Contractor shall be fully responsible to UNLV and shall indemnify UNLV for any acts or omissions of any Subcontractors hired by Contractor, regardless of whether UNLV consented to the use of any such Subcontractors.
Assigns and Successors. The rights and obligations of Bank under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of Bank and Executive, provided, however, that Executive shall not assign or anticipate any of his rights hereunder, whether by operation of law or otherwise. For purposes of this Agreement, “Bank” shall also refer to any successor to Bank, whether such succession occurs by merger, consolidation, purchase and assumption, sale of assets or otherwise.
Assigns and Successors. Contractor shall not assign, transfer, or delegate any rights, obligations, or duties under this Contract without the prior written consent of CSN. Notwithstanding the foregoing, Contractor shall be fully responsible to CSN and shall indemnify CSN for any acts or omissions of any Subcontractors hired by Contractor, regardless of whether CSN consented to the use of any such Subcontractors.
Assigns and Successors. The rights and obligations of ▇▇▇▇ under this Agreement shall inure to the benefit of and shall be binding upon the successors and assigns of ▇▇▇▇ and ▇▇▇▇ shall require any successor or assign (whether direct or indirect, by purchase, merger, consolidation or otherwise) to expressly assume and agree to perform this Agreement in the same manner and to the same extent that ▇▇▇▇ would be required to perform if no such succession or assignment had taken place.
Assigns and Successors. All agreements of the Company in this Agreement and the Warrants shall bind its successors. All agreements of the Warrant Agent in this Agreement shall bind its successors.
Assigns and Successors. This Agreement shall bind any assigns and successors of Bank of America and Council. Counsel shall be notified in writing within thirty (30) days of the existence, name, address and telephone number of any assigns or successors of Bank of America.