Succesors and Assigns Sample Clauses
The "Successors and Assigns" clause establishes that the rights and obligations under the contract extend to any parties that legally succeed or are assigned the interests of the original contracting parties. In practice, this means that if a party is acquired, merges, or transfers its contractual rights to another entity, the new party will be bound by and benefit from the contract just as the original party would have. This clause ensures continuity and enforceability of the agreement, preventing parties from escaping their responsibilities or benefits through changes in ownership or assignment.
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Succesors and Assigns. This Agreement will be binding upon my heirs, executors, administrators and other legal representatives and will be for the benefit of the Company, its successors, and its assigns. I may not assign any of my rights, or delegate any of my obligations, under this Agreement.
Succesors and Assigns. This Agreement will be binding on the heirs, executors, administrators, and other legal representatives of the Independent Contractor and will be for the benefit of the Company, its successors, and its assigns. The Independent Contractor may not assign any of its rights, or delegate any of its obligations, under this Agreement.
Succesors and Assigns. This Agreement shall be binding upon, and inure to the benefit of, the respective successors and assigns of the Parties hereto.
Succesors and Assigns. This Exim Agreement shall bind and inure to the --------------------- benefit of the respective successors and permitted assigns of each of the parties; provided, however, that neither this Exim Agreement nor any rights hereunder may be assigned by Borrower without Bank's prior written consent, which consent may be granted or withheld in Bank's sole discretion. Bank shall have the right without the consent of or notice to Borrower to sell, transfer, negotiate, or grant participations in all or any part of, or any interest in Bank's obligations, rights and benefits hereuder.
Succesors and Assigns. Chamber shall not assign its interest in this contract without the written consent of the TDA.
Succesors and Assigns. This Amendment shall be binding upon the parties hereto and their respective successors and assigns.
Succesors and Assigns. All covenants and agreements in this Supplemental Indenture by the Company shall bind its successors and assigns, whether so expressed or not.
Succesors and Assigns. This Note shall be assignable (i) upon notice to the Maker and in accordance with such reasonable requirements as the Maker shall specify, including, without limitation, submission of an opinion of counsel of the transferor reasonably satisfactory to the Maker to the effect that such assignment will not violate applicable securities laws and (ii) conditioned upon such assignee agreeing in writing to be bound by the Agency Agreement, dated as of the date hereof, by and among, the Agent and the Holders.
Succesors and Assigns. 27 Section 11.06 Lender's Representations and Warranites . . . . . . . . . . . . . . . . . 27 Section 11.07
Succesors and Assigns. The Company may assign any of its rights under this Agreement without the Participant’s consent. This Agreement will be binding upon and inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer set forth herein and in the Plan, this Agreement will be binding upon the Participant and the Participant’s beneficiaries, executors, administrators and the Person(s) to whom the PSUs and DERs may be transferred by will or the laws of descent or distribution.