Parties to be bound Clause Samples

The "Parties to be bound" clause establishes that all individuals or entities identified as parties in the agreement are legally obligated to adhere to its terms and conditions. This clause typically clarifies that the rights and responsibilities outlined in the contract apply equally to each party, regardless of their role or location, and may specify that successors or permitted assigns are also included. Its core function is to ensure that all relevant parties are clearly identified as being subject to the agreement, thereby preventing disputes over who is legally bound by the contract.
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Parties to be bound. This Amendment shall inure to and be binding upon the Parties, their agents, successors and assigns.
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Parties to be bound. The Parties irrevocably agree that on expiry of the 20 (twenty) calendar day period for appeal or the handing down of the ruling of the appeal panel, as the case may be, as contemplated in clause 14.6, the decision in arbitration proceedings— 14.7.1 shall be final and binding on the Parties; 14.7.2 shall be carried into effect; and 14.7.3 may be made an order of any court of competent jurisdiction.
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Parties to be bound. All the provisions hereof shall be binding upon, and shall inure to the benefit of, the parties themselves and their respective heirs, personal representatives, successors and assigns. In addition, the obligation of the Bank shall become the obligation of any other entity which constitutes the transferee of a substantial portion of the assets and/or business of the Bank or any other entity which is a successor to the Bank in a merger of or consolidation of the Bank with or into such other entity.
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Parties to be bound. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, executors, administrators, legal representatives, successors and assigns, when permitted by this Agreement.
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Parties to be bound. This Agreement shall bind Versant and Seller, their respective successors and assigns, and all subsidiaries and affiliates of Seller, to which each of the provisions hereof shall apply; provided, however, that Seller may not assign its interest hereunder without Versant’s prior written consent.
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Related to Parties to be bound

  • Agreement to be Bound Each of the Trust, the Indenture Trustee, the Registrar, the Transfer Agent, the Paying Agent and the Calculation Agent hereby agrees to be bound by all of the terms, provisions and agreements set forth in the Indenture, with respect to all matters contemplated in the Indenture, including, without limitation, those relating to the issuance of the below-referenced Notes.

  • Intent to be Bound The Parties represent that: They have participated fully in the review and drafting of this Settlement Agreement; understand and accept all terms; enter into this Settlement Agreement freely and voluntarily; have had an opportunity to consult with legal counsel; are fully informed of the terms and effect of this Settlement Agreement; have agreed to this Settlement Agreement after independent investigation and agree it was not arrived at through fraud, duress, or undue influence; and knowingly and voluntarily intend to be legally bound by this Settlement Agreement.

  • Agreement to Be Bound Guarantee Each of the Guaranteeing Subsidiaries hereby becomes a party to the Indenture as a Subsidiary Guarantor and as such will have all of the rights and be subject to all of the Obligations and agreements of a Subsidiary Guarantor under the Indenture. Each of the Guaranteeing Subsidiaries hereby agrees to be bound by all of the provisions of the Indenture applicable to a Subsidiary Guarantor and to perform all of the Obligations and agreements of a Subsidiary Guarantor under the Indenture. In furtherance of the foregoing, each of the Guaranteeing Subsidiaries shall be deemed a Subsidiary Guarantor for purposes of Article 10 of the Indenture, including, without limitation, Section 10.02 thereof.

  • Parties Bound The terms, provisions, and agreements that are contained in this Agreement shall apply to, be binding upon, and inure to the benefit of the parties and their respective heirs, executors, administrators, legal representatives, and permitted successors and assigns, subject to the limitation on assignment expressly set forth herein.

  • Optionee Bound by Plan The Optionee hereby acknowledges receipt of a copy of the Plan and agrees to be bound by all the terms and provisions thereof.