Successors and Agents Sample Clauses

The "Successors and Agents" clause establishes that the rights and obligations under the agreement extend to any parties that legally succeed or are assigned to act on behalf of the original parties, such as heirs, assigns, or authorized agents. In practice, this means that if a party is replaced due to merger, acquisition, or delegation, the new party or agent is bound by the same terms and responsibilities as the original signatory. This clause ensures continuity and enforceability of the contract, preventing parties from evading their obligations through changes in representation or ownership.
Successors and Agents. This Agreement shall bind and inure to the benefit of the agents, assigns, and successors-in-interest of each Party. Any reference in this Agreement to a Party shall be deemed include any agents, assigns, and successors-in-interest of that Party, with respect to rights and/or responsibilities relevant to this Agreement.
View SourceView Similar (4)
Successors and Agents. This CBA shall bind and inure to the benefit of the agents, assigns and successors-in-interest of each Party. Any reference in this CBA to a Party shall be deemed to include any agents, assigns , successors-in-interest, subgroups and spin off groups of that Party, with respect to the rights and/or responsibilities relevant to this CBA.
View Source

Related to Successors and Agents

  • Successors and Assigns Subject to applicable securities laws, this Warrant and the rights and obligations evidenced hereby shall inure to the benefit of and be binding upon the successors and permitted assigns of the Company and the successors and permitted assigns of Holder. The provisions of this Warrant are intended to be for the benefit of any Holder from time to time of this Warrant and shall be enforceable by the Holder or holder of Warrant Shares.

  • Subcontractors and Agents Business Associate hereby agrees that any time PHI is provided or made available to any subcontractors or agents, Business Associate shall provide only the minimum necessary PHI for the purpose of the covered transaction and shall first enter into a subcontract or contract with the subcontractor or agent that contains the same terms, conditions and restrictions on the use and disclosure of PHI as contained in this Agreement.

  • Officers and Agents The Manager may authorize one or more officers and agents to enter into any contract or to otherwise act on behalf of the Company to the extent that the Manager could take such action. Such authority may be general or be defined to specific instances. Unless authorized to do so by this Agreement or by the Manager, no employee, officer, or other agent of the Company shall have any power or authority to bind the Company in any way, to pledge its credit or to render it liable for any purpose.

  • Brokers and Agents Except as disclosed on Schedule 18.5, each party represents and warrants that it employed no broker or agent in connection with this transaction and agrees to indemnify the other parties hereto against all loss, cost, damages or expense arising out of claims for fees or commission of brokers employed or alleged to have been employed by such indemnifying party.

  • Successors and Assigns; Third Parties This Agreement is intended to bind and inure to the benefit of the Parties and their respective successors and permitted assigns, as applicable. There are no third party beneficiaries under this Agreement, and the rights or obligations of any Party under this Agreement may not be assigned, delegated, or transferred to any other person or entity.