Binding Effect; Assignment; Third-Party Beneficiaries. This Agreement shall be binding upon the Parties and their respective successors and assigns and shall inure to the benefit of the Parties and their respective successors and permitted assigns. Except as permitted in Section 8.2, neither Party shall assign any of its rights or delegate any of its duties under this Agreement (by operation of law or otherwise) without the prior written consent of the other Party. Any assignment of rights or delegation of duties under this Agreement by a Party without the prior written consent of the other Party, if such consent is required hereby, shall be void. No such assignment or delegation shall relieve the assignor or delegator of its obligations hereunder, except that if a Party delegates any of its obligations hereunder with the prior written consent of the other Party, then it shall be relieved of those obligations assumed by its delegatee. The Representative (as to Sections 6.1, 7.4 and 9.2), the registered holders and any such transferee shall be deemed third party beneficiaries of this Agreement. Except as otherwise provided herein, no other person shall be, or be deemed to be, a third party beneficiary of this Agreement.
Appears in 6 contracts
Sources: Warrant Agreement (Symmetry Holdings Inc), Warrant Agreement (Symmetry Holdings Inc), Warrant Agreement (Symmetry Holdings Inc)
Binding Effect; Assignment; Third-Party Beneficiaries. This Agreement shall be binding upon the Parties parties and their respective heirs, executors, administrators and other successors and assigns and shall inure to the benefit of the Parties parties and their respective heirs, executors, administrators and other successors and permitted assigns. Except as permitted in Section 8.2, neither Party No party shall assign any of its rights or delegate any of its duties under this Agreement (by operation of law or otherwise) without the prior written consent of the other Partyparties. Any assignment of rights or delegation of duties under this Agreement by a Party party without the prior written consent of the another other Partyparty or parties, if such consent is required hereby, shall be void. No such assignment or delegation shall relieve the assignor or delegator of its obligations hereunder, except that if a Party party assigns or delegates any of its obligations as permitted hereunder with the prior written consent of the other Partyparties, then it shall be relieved of those obligations assumed by its delegateetransferee. The Representative (as to Sections 6.1, 7.4 and 9.2), the registered holders and any Any such transferee shall be deemed a third party beneficiaries beneficiary of this Agreement. Except as otherwise provided herein, no other person shall be, or be deemed to be, a third party beneficiary of this Agreement.
Appears in 6 contracts
Sources: Stock Escrow Agreement (Symmetry Holdings Inc), Stock Escrow Agreement (Symmetry Holdings Inc), Stock Escrow Agreement (Sterling Gold Corp)
Binding Effect; Assignment; Third-Party Beneficiaries. This Agreement shall be binding upon the Parties and their respective successors and assigns and shall inure to the benefit of the Parties and their respective successors and permitted assigns. Except as permitted in Section 8.2, neither No Party shall assign any of its rights or delegate any of its duties under this Agreement (by operation of law or otherwise) without the prior written consent of the other Party. Any assignment of rights or delegation of duties under this Agreement by a Party without the prior written consent of the other Party, if such consent is required hereby, shall be void. No such assignment or delegation shall relieve the assignor or delegator of its obligations hereunder, except that if a Party party assigns or delegates any of its obligations as permitted hereunder with the prior written consent of the other Partyparties, then it shall be relieved of those obligations assumed by its delegateetransferee. The Representative (as to Sections 6.1, 7.4 and 9.2)Except for any such transferee, the registered holders Public Stockholders, the Existing Stockholders and any such transferee shall be deemed third party beneficiaries of this Agreement. Except as otherwise provided hereinthe Underwriters, no other person Person shall be, or be deemed to be, a third party beneficiary of this AgreementAgreement other than as expressly set forth herein.
Appears in 5 contracts
Sources: Investment Management Trust Agreement (Symmetry Holdings Inc), Investment Management Trust Agreement (Symmetry Holdings Inc), Investment Management Trust Agreement (Symmetry Holdings Inc)
Binding Effect; Assignment; Third-Party Beneficiaries. This Agreement shall be binding upon the Parties and their respective successors successors, assigns, heirs, executors, administrators and assigns other legal representatives and shall inure to the benefit of the Parties and their respective successors and successors, permitted assigns, heirs, executors, administrators and other legal representatives. Except as permitted in Section 8.2, neither No Party shall assign any of its rights or delegate any of its duties under this Agreement (by operation of law or otherwise) without the prior written consent of the other Party, except that the Purchaser may assign this Agreement as collateral to its lenders and such lenders or their assigns may exercise their rights and remedies with respect to indemnification claims pursuant to Article VIII. Except as contemplated in Section 8.1, no Person shall be, or be deemed to be, a third party beneficiary of this Agreement. Any assignment of rights or delegation of duties under this Agreement by a Party without the prior written consent of the other Party, if such consent is required hereby, shall be void. No such assignment or delegation shall relieve the assignor or delegator of its obligations hereunder, except that if a Party delegates any of its obligations hereunder with the prior written consent of the other Party, then it shall be relieved of those obligations assumed by its delegatee. The Representative (as to Sections 6.1, 7.4 and 9.2), the registered holders and any such transferee shall be deemed third party beneficiaries of this Agreement. Except as otherwise provided herein, no other person shall be, or be deemed to be, a third party beneficiary of this Agreement.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Dualstar Technologies Corp), Stock Purchase Agreement (Dualstar Technologies Corp)
Binding Effect; Assignment; Third-Party Beneficiaries. This Agreement shall be binding upon the Parties parties and their respective successors and assigns and shall inure to the benefit of the Parties parties and their respective successors and permitted assigns. Except as permitted in Section 8.2, neither Party No party shall assign any of its rights or delegate any of its duties under this Agreement (by operation of law or otherwise) without the prior written consent of the other Partyparties. Any assignment of rights or delegation of duties under this Agreement by a Party party without the prior written consent of the another other Partyparty or parties, if such consent is required hereby, shall be void. No such assignment or delegation shall relieve the assignor or delegator of its obligations hereunder, except that if a Party party assigns or delegates any of its obligations hereunder as permitted with the prior written consent of the other Partyparties, then it shall be relieved of those obligations assumed by its delegateetransferee. The Representative (as to Sections 6.1, 7.4 and 9.2), the registered holders and any Any such transferee shall be deemed a third party beneficiaries beneficiary of this Agreement. Except as otherwise provided herein, no No other person shall be, or be deemed to be, a third party beneficiary of this Agreement.
Appears in 1 contract