Common use of NO ASSIGNMENT WITHOUT PERMISSION Clause in Contracts

NO ASSIGNMENT WITHOUT PERMISSION. Neither Party shall assign its rights and privileges under this Agreement without the prior written approval of the other Party. Such consent shall not be unreasonably withheld. Notwithstanding the foregoing, Purchaser may assign to an affiliated entity under common control or management with Purchaser or to any purchaser of all or substantially all Purchaser’s equity, business or assets. Any assignee to this Agreement shall agree in writing to be bound by the terms and conditions of this Agreement. The rights and obligations created by this Agreement shall inure to the benefit of, and be binding upon, the successors and permitted assigns of, the respective Parties hereto.

NO ASSIGNMENT WITHOUT PERMISSION. Neither Party shall assign its rights and privileges under this Agreement without the prior written approval of the other Party. Such consent shall not be unreasonably withheld. Notwithstanding the foregoing, Purchaser may assign to an affiliated entity under common control or management with Purchaser or to any purchaser of all or substantially all of Purchaser’s equity, business or assets. Any assignee to this Agreement shall agree in writing to be bound by the terms and conditions of this Agreement. The rights and obligations created by this Agreement shall inure to the benefit of, and be binding upon, the successors and permitted assigns of, the respective Parties hereto.