Binding Effect Clause Example with 20 Variations from Business Contracts

This page contains Binding Effect 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. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business and/or assets of the Company), assigns, spouses, heirs and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirect by purchase, merger, consolidation or otherwise) to a...ll, substantially all or a substantial part of the business and/or assets of the Company, by written agreement in form and substances 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. View More

Variations of a "Binding Effect" Clause from Business Contracts

Binding Effect. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors (including any direct or indirect successor by purchase, merger, consolidation consolidation, or otherwise to all or substantially all of the business and/or assets of the Company), assigns, spouses, heirs heirs, and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirect by purchase, merger, consolidat...ion consolidation, or otherwise) to all, substantially all all, or a substantial part part, of the business and/or assets of the Company, by written agreement in form and substances 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. The indemnification provided under this Agreement shall continue as to Indemnitee for any action taken or not taken while serving in an indemnified capacity pertaining to an Indemnifiable Event even though he may have ceased to serve in such capacity at the time of any Proceeding. View More
Binding Effect. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors (including any direct or indirect successor by purchase, merger, consolidation consolidation, or otherwise to all or substantially all of the business and/or assets of the Company), assigns, spouses, heirs heirs, and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirect by purchase, merger, consolidat...ion consolidation, or otherwise) to all, substantially all all, or a substantial part part, of the business and/or assets of the Company, by written agreement in form and substances 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. The indemnification provided under this Agreement shall continue as to Indemnitee for any action taken or not taken while serving in an indemnified capacity, even though he may have ceased to serve in such capacity at the time of any Proceeding, and shall inure to the benefit of the heirs, executors and administrators of such a person. View More
Binding Effect. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business and/or assets of the Company), assigns, spouses, heirs and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirect by purchase, merger, consolidation or otherwise) to a...ll, substantially all or a substantial part of the business and/or assets of the Company, by written agreement in form and substances 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. 11 19. Severability. The provisions of this Agreement shall be severable in the event that any of the provisions hereof (including any portion thereof) are held by a court of competent jurisdiction to be invalid, illegal, void or otherwise unenforceable, and the remaining provisions shall remain enforceable to the fullest extent permitted by law. View More
Binding Effect. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors successors, assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business and/or assets of the Company), assigns, spouses, heirs heirs, executors and personal and legal representatives. This Agreement shall continue in effect regardless of whether the Indemnitee continues to serv...e as an officer and/or director of the Company or of any other enterprise at the Company's request. The Company shall require and cause any successor (whether direct or indirect by purchase, merger, consolidation consolidation, or otherwise) to all, all or substantially all or a substantial part of the business and/or assets of the Company, Company and/or its subsidiaries, by written agreement in form and substances substance satisfactory to Indemnitee, the Indemnitee and his or her counsel, 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. View More
Binding Effect. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors (including successors, assigns, including without limitation any direct or indirect successor by purchase, merger, consolidation consolidation, or otherwise to all or substantially all of the business and/or or assets of the Company), assigns, Company, spouses, heirs heirs, and personal and legal representatives. The Company shall require and cause any success...or (whether direct or indirect by purchase, merger, consolidation consolidation, or otherwise) to all, substantially all all, or a substantial part part, of the business and/or or assets of the Company, by written agreement in form and substances 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/an executive officer] of the Company or of any other Enterprise at the Company's request. View More
Binding Effect. This Agreement shall be is binding upon and inure inures to the benefit of and be enforceable by the parties hereto and their respective successors (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business and/or assets of the Company), Corporation), assigns, spouses, heirs and personal and legal representatives. The Company shall Corporation must require and cause any successor (whether direct or indirect by purchase,... merger, consolidation or otherwise) to all, substantially all or a substantial part of the business and/or assets of the Company, Corporation, by written agreement in form and substances satisfactory to Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company Corporation would be required to perform if no such succession had taken place. View More
Binding Effect. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors (including successors, assigns, including without limitation any direct or indirect successor by purchase, merger, consolidation consolidation, or otherwise to all or substantially all of the business and/or or assets of the Company), assigns, Company, spouses, heirs heirs, and personal and legal representatives. The Company shall require and cause any success...or (whether direct or indirect by purchase, merger, consolidation consolidation, or otherwise) to all, substantially all all, or a substantial part part, of the business and/or or assets of the Company, by written agreement in form and substances 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 or officer of the Company or of any other Enterprise at the Company's request. View More
Binding Effect. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties Parties hereto and their respective successors (including successors, assigns, including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business and/or assets of the Company), assigns, Company, spouses, heirs heirs, and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirec...t by purchase, merger, consolidation or otherwise) to all, substantially all all, or a substantial part part, of the business and/or assets of the Company, by written agreement in form and substances substance satisfactory to the 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 the Indemnitee continues to serve as a director or officer of the Company or of any other enterprise at the Company's request. View More
Binding Effect. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors successors, assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business and/or assets of the Company), assigns, spouses, heirs heirs, and personal and legal representatives. The Company shall require and cause any successor (whether direct or indirect by purchase, merger, conso...lidation or otherwise) to all, substantially all all, or a substantial part part, of the business and/or assets of the Company, by written agreement in form and substances substance satisfactory to the 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 the Indemnitee continues to serve as a director or officer of the Company or of any other enterprise at the Company's request. View More
Binding Effect. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors (including successors, assigns, including any direct or indirect successor by purchase, merger, consolidation consolidation, or otherwise to all or substantially all of the business and/or assets of the Company), assigns, Company, spouses, heirs heirs, and personal and legal representatives. The Company shall require and cause any successor (whether direct or ...indirect by purchase, merger, consolidation consolidation, or otherwise) to all, substantially all all, or a substantial part part, of the business and/or assets of the Company, by written agreement in form and substances 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 or employee of the Company or of any other enterprise at the Company's request. View More