Successors and Assigns Clause Example from Business Contracts

This example Successors and Assigns clause appears in 2 contracts from 1 company

Successors and Assigns. This Agreement shall be binding upon Indemnitee and upon the Company and PDMI, and each of their successors and assigns, and shall inure to the benefit of Indemnitee's heirs, personal representatives, and assigns and to the benefit of the Company, PDMI and each of their successors and assigns. The Company shall require and cause any successor, and any direct or indirect parent of 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, 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. View More