Binding Upon Heirs Clause Samples

The "Binding Upon Heirs" clause ensures that the rights and obligations established in an agreement extend beyond the original parties to include their heirs, successors, and assigns. In practice, this means that if a party to the contract passes away or transfers their interests, their legal representatives or inheritors are still bound by the terms of the agreement. This clause is essential for maintaining the continuity and enforceability of contractual obligations, preventing parties from circumventing responsibilities through succession or assignment.
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Binding Upon Heirs. This Agreement shall bind each of the Partners and shall inure to the benefit of (subject to the Sections 9 and 10) and be binding upon their respective heirs, executors, administrators, devisees, legatees, successors and assigns.
Binding Upon Heirs. This Agreement binds the Optionor and Optionee and their respective heirs, legal representatives, successors and/or assigns. The Right of First Refusal and Option to Purchase in this agreement may be exercised by the heirs, successors and assigns, or the legal representatives thereof, of Optionee against the heirs, successors and assigns, or the legal representatives thereof, of the Optionor and the interests held by each in the Property. This Agreement is to be construed and interpreted under the laws of the State of North Carolina.
Binding Upon Heirs. This Agreement shall be binding upon and inure to the benefit of the heirs, representatives, successors and assigns to each of the parties.
Binding Upon Heirs. This agreement shall inure to the benefit of and be binding upon the parties hereto, their successors, heirs, personal representatives and assigns.
Binding Upon Heirs. The contract shall inure to the benefit of and be binding upon the parties hereto, their successors, heirs, personal representatives and assigns.
Binding Upon Heirs. It is further agreed and understood that all covenants and agreements in this lease shall extend to and be binding upon the heirs, executors, legal representatives and assigns of the respective parties hereto.

Related to Binding Upon Heirs

  • Binding upon Successors This Agreement shall be binding upon and inure to the benefit of the parties hereto and to their respective heirs, legal representatives, successors and permitted assigns.

  • Binding Upon Successors and Assigns Subject to, and unless otherwise provided in, this Agreement, each and all of the covenants, terms, provisions, and agreements contained herein shall be binding upon, and inure to the benefit of, the permitted successors, executors, heirs, representatives, administrators and assigns of the parties hereto.

  • Agreement Binding Upon Successors and Assigns This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, successors, assigns, executors, trustees or other legal representatives, but the rights and obligations of the parties hereunder may not be Transferred or delegated except as provided in this Agreement and any attempted Transfer or delegation thereof that is not made pursuant to the terms of this Agreement shall be void.

  • Not Binding Until Executed The submission by Landlord to Tenant of this Lease shall have no binding force or effect, shall not constitute an option for the leasing of the Premises, nor confer any right or impose any obligations upon either party until execution of this Lease by both parties.

  • Binding Obligations The obligations expressed to be assumed by it in each Finance Document are, subject to any general principles of law limiting its obligations which are specifically referred to in any legal opinion delivered pursuant to Clause 4 (Conditions of Utilisation), legal, valid, binding and enforceable obligations.