Binding Effect Successors and Assigns Clause Example with 6 Variations from Business Contracts

This page contains Binding Effect Successors and Assigns 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.
Binding Effect Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors, assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company), spouses, heirs and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirect, and whether by purchase, merger, consolidation or otherw...ise) to all, substantially all, or a substantial part, of the business or assets of the Company, by written agreement in form and substance satisfactory to Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. This Agreement shall continue in effect regardless of whether Indemnitee continues to serve as a director, officer, employee, agent or fiduciary (as applicable) of the Company or of any other enterprise at the Company's request. View More

Variations of a "Binding Effect Successors and Assigns" Clause from Business Contracts

Binding Effect Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors, assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or and/or assets of the Company), spouses, heirs heirs, estate and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirect, and whether indirect by purchase, m...erger, consolidation or otherwise) to all, substantially all, all or a substantial part, of the business or and/or assets of the Company, by written agreement in form and substance satisfactory to Indemnitee, expressly to (i) assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. place, and (ii) agree to indemnify Indemnitee to the maximum extent provided by the laws of the jurisdiction of organization of such successor, to the extent that such laws would provide indemnification rights that are, in any respect, greater, or more beneficial to Indemnitee, than the rights to indemnification provided pursuant to this Agreement. This Agreement shall continue in effect with respect to Claims relating to Indemnifiable Events regardless of whether Indemnitee continues to serve as a director, officer, employee, agent or fiduciary (as applicable) of the Company or of any other enterprise at the Company's request. request and regardless of when such Claims are received by Indemnitee. The Appointing Stockholder is an express third party beneficiary of this Agreement. View More
Binding Effect Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors, assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company), spouses, heirs and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirect, and whether by purchase, merger, consolidation or otherw...ise) to all, substantially all, or a substantial part, of the business or assets of the Company, by written agreement in form and substance satisfactory to Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. place, provided that if the Company continues to exist it shall remain jointly -10- and severally liable with such successor for the obligations hereunder. This Agreement shall continue in effect regardless of whether Indemnitee continues to serve as a director, officer, employee, agent or fiduciary (as applicable) of the Company or of any other enterprise at the Company's request. This Agreement shall be effective as of the Effective Date and shall apply to acts or omissions of Indemnitee which occurred prior to the Effective Date if Indemnitee was (a) serving as a director, officer, employee, trustee, agent or fiduciary of the Company, or any subsidiary of the Company at the time such act or omission occurred, or (b) was serving at the request of or for the convenience of or to represent the interests of the Company as a director, officer, employee, trustee, agent or fiduciary of another corporation, partnership, joint venture, trust, employee benefit plan or other enterprise at the time such act or omission occurred. View More
Binding Effect Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors, assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or assets of the Company), spouses, heirs and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirect, and whether by purchase, merger, consolidation or otherw...ise) to all, substantially all, or a substantial part, of the business or assets of the Company, by written agreement in form and substance satisfactory to Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. This Agreement shall continue in effect regardless of whether Indemnitee continues to serve as a director, officer, employee, agent or fiduciary (as applicable) of the Company or of any other enterprise at the Company's request. View More
Binding Effect Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors, assigns (including assigns, including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or and/or assets of the Company), Company, spouses, heirs heirs, and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirect, and whether in...direct by purchase, merger, consolidation or otherwise) to all, substantially all, or a substantial part, of the business or and/or assets of the Company, by written agreement in form and substance satisfactory to Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. This Agreement shall continue in effect with respect to Claims relating to Indemnifiable Events regardless of whether any Indemnitee continues to serve as a director, officer, employee, agent agent, controlling person, or fiduciary (as applicable) of the Company or of any other enterprise enterprise, including subsidiaries of the Company, at the Company's request. View More
Binding Effect Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors, assigns (including assigns, including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or and/or assets of the Company), Company, spouses, heirs heirs, and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirect, and whether in...direct by purchase, merger, consolidation or otherwise) to all, substantially all, or a substantial part, of the business or and/or assets of the Company, by written agreement in form and substance satisfactory to Indemnitee, expressly to assume and agree to -9- perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. This Agreement shall continue in effect with respect to Claims relating to Indemnifiable Events regardless of whether Indemnitee continues to serve as a director, officer, employee, agent agent, controlling person, or fiduciary (as applicable) of the Company or of any other enterprise enterprise, including subsidiaries of the Company, at the Company's request. View More
Binding Effect Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors, assigns (including assigns, including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business or and/or assets of the Company), Company, spouses, heirs heirs, and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirect, and whether in...direct by purchase, merger, consolidation or otherwise) to all, substantially all, or a substantial part, of the business or and/or assets of the Company, by written agreement in form and substance satisfactory to Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. This Agreement shall continue in effect with respect to Indemnifiable Litigation regardless of whether Indemnitee continues to serve as a director, officer, employee, agent or fiduciary (as applicable) of the Company or of any other enterprise at the Company's request. View More