Assignability Binding Nature Clause Example with 4 Variations from Business Contracts

This page contains Assignability Binding Nature clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Assignability Binding Nature. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors, heirs (in the case of the Executive) and assigns. No rights or obligations of the Company under this Agreement may be assigned or transferred by the Company except that such rights or obligations may be assigned or transferred pursuant to a merger or consolidation in which the Company is not the continuing entity, or the sale or liquidation of all or substantially all of the assets of th...e Company; provided, however, that the assignee or transferee is the successor to all or substantially all of the assets of the Company and such assignee or transferee assumes the liabilities, obligations and duties of the Company, as contained in this Agreement, either contractually or as a matter of law. The Executive may not assign or transfer any of his rights or obligations under this Agreement. View More
Found in Perry Ellis International, Inc. contract

Variations of a "Assignability Binding Nature" Clause from Business Contracts

Assignability Binding Nature. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors, heirs (in the case of the Executive) Employee) and assigns. No rights or obligations of the Company under this Agreement may be assigned or transferred by the Company except that such rights or obligations may be assigned or transferred by the Company pursuant to a merger or consolidation in which the Company is not the continuing entity, or the sale or liquidation of all or substantiall...y all of the assets of the Company; provided, however, Company, provided that the assignee or transferee is the successor to all or substantially all of the assets of the Company and such assignee or transferee assumes the liabilities, obligations and duties of the Company, as Company contained in this Agreement, either contractually or as a matter of law. The Executive may not assign Company further agrees that, in the event of a sale of assets or transfer any liquidation as described in the preceding sentence, it shall take whatever action it reasonably can in order to cause such assignee or transferee to expressly assume the liabilities, obligations Feldman/FPVD Employment Agreement Page 8 and duties of his the Company hereunder. No rights or obligations of the Employee under this Agreement. Agreement may be assigned or transferred by the Employee other than his rights to compensation and benefits, which may be transferred only by will or operation of law. View More
Found in Force Protection Video Equipment Corp. contract
Assignability Binding Nature. (a) This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors, heirs (in the case of the Executive) and assigns. (b) No rights or obligations of the Company under this Agreement may be assigned or transferred by the Company except that such rights or and obligations may be assigned or transferred pursuant to a merger merger, consolidation or consolidation other combination in which the Company is not the continuing entity, or the a sale or liqui...dation of all or substantially all of the business and assets of the Company; provided, however, Company, provided that the assignee or transferee is the successor to all or substantially all of the business and assets of the Company and such assignee or transferee expressly assumes the liabilities, obligations and duties of the Company, Company as contained set forth in this Agreement, either contractually Agreement. In the event of any merger, consolidation, other combination, sale of business and assets, or liquidation as a matter described in the preceding sentence, the Company shall use its best reasonable efforts to cause such assignee or transferee to promptly and expressly assume the liabilities, obligations and duties of law. The Executive may not assign or transfer any of his the Company hereunder. (c) No rights or obligations of the Executive under this Agreement. Agreement may be assigned or transferred by the Executive other than his rights to compensation and benefits, which may be transferred only by will or by operation of law, or as otherwise provided in Section 17(e). View More
Found in Protective Insurance Corp contract
Assignability Binding Nature. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors, heirs (in the case of the Executive) and assigns. No rights Rights or obligations of the Company under this Agreement may be be, and may only be, assigned or transferred by the Company except that such rights or obligations may be assigned or transferred pursuant to a merger or consolidation in which the Company is not the continuing entity, or the sale or liquidation of all or substanti...ally all of the assets of the Company; provided, however, Company, provided that the assignee or transferee is the successor to all or substantially all of the assets of the Company and such assignee or transferee assumes the liabilities, obligations and duties of the Company, as contained in this Agreement, either contractually or as a matter of law. The Executive may not assign or transfer any of his No rights or obligations of the Executive under this Agreement. Agreement may be assigned or transferred by the Executive other than his rights to compensation and benefits, which may be transferred only by will or operation of law, provided that any amount due hereunder to the Executive at the time of his death shall instead be paid to his estate or his designated beneficiary. View More
Found in Endurance International Group Holdings, Inc. contract
Assignability Binding Nature. This Agreement shall be binding upon and inure to the benefit of the Parties parties and their respective successors, heirs (in the case of the Executive) and assigns. No rights or obligations of the Company under this Agreement may be assigned or transferred by the Company except that such rights or obligations may be assigned or transferred pursuant to (i) a merger or consolidation in which the Company is not the continuing entity, entity or the (ii) sale or liquidation of all or substantially... all of the assets of the Company; provided, however, Company, provided that the assignee or transferee is the successor to all or substantially all of the assets of the Company and such assignee or transferee assumes the liabilities, obligations and duties of the Company, as contained in this Agreement, either contractually or as a matter of law. The Company each further agree that, in the event of a sale of assets or liquidation as described in the preceding sentence, it will use its best efforts to cause such assignee or transferee expressly to assume the liabilities, obligations and duties of the Company hereunder. No obligations of the Executive may not assign or transfer any of his rights or obligations under this Agreement. Agreement may be assigned or transferred by the Executive. View More
Found in National CineMedia, Inc. contract