Common use of Benefits and Assignment Clause in Contracts

Benefits and Assignment. This Agreement will be binding upon the respective legal representatives, successors and permitted assigns of the parties hereto. None of the parties hereto may assign its interests or delegate its duties under this Agreement to any other person without the prior written consent of the other parties. Notwithstanding the provisions of this Section, Buyer shall be entitled to assign its rights set forth in this Agreement to a Permitted Assignee, or to name one or more Permitted Assignees to take title to the Shares without the prior written consent of either Seller.