Successors Clause Example with 39 Variations from Business Contracts
This page contains Successors 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.
Successors. This Agreement shall be binding upon the Company and its successors and 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, and shall inure to the benefit of Indemnitee and Indemnitee's heirs, executors and administrators. The Company shall require and cause any successor (whether direct or indirect by purchase, merger, consolidation or otherwise) to all or substantially all of... the business or assets of the Company, by written agreement, 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 "Successors" Clause from Business Contracts
Successors. This Agreement (a) shall be binding upon all successors and assigns of the Company (including any transferee of all or a substantial portion of the business, stock and/or assets of the Company and its successors and assigns, including any direct or indirect successor, successor by purchase, merger, merger or consolidation or otherwise, to all or substantially all otherwise by operation of the business or assets of the Company, law) and (b) shall inure to the benefit of the heirs, personal repres...entatives, executors and administrators of the Indemnitee. This Agreement shall continue for the benefit of the Indemnitee and Indemnitee's such heirs, personal representatives, executors and administrators. The Company shall require and cause any successor (whether direct or indirect by purchase, merger, consolidation or otherwise) administrators after the Indemnitee has ceased to all or substantially all of the business or assets of the Company, by written agreement, 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. have Corporate Status. View More
Successors. This Agreement shall be binding upon the Company and its successors and 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, and shall inure to the benefit of Indemnitee and Indemnitee's heirs, executors and administrators. The Company shall will require and cause any successor (whether direct successors or indirect by purchase, merger, consolidation or otherwise) assigns to all... or substantially all of the business or assets of the Company, by written agreement, 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 it if no such succession or assignment had taken place. The terms of this Agreement and all of the rights of the parties hereunder will be binding upon, inure to the benefit of, and be enforceable by, the Participant's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. View More
Successors. This Agreement shall be (a) binding upon all successors and assigns of the Company (including any transferee of all or a substantial portion of the business, stock and/or assets of the Company and its successors and assigns, including any direct or indirect successor, successor by purchase, merger, merger or consolidation or otherwise, to all or substantially all otherwise by operation of the business or assets of the Company, law) and (b) binding on and shall inure to the benefit of Indemnitee ...and Indemnitee's the heirs, personal representatives, executors and administrators. The administrators of Indemnitee. In the event that the Company or any of its successors or assigns (i) consolidates with or merges into any other person or entity and shall require and cause any successor (whether direct not be the continuing or indirect by purchase, merger, surviving corporation or entity of such consolidation or otherwise) to merger or (ii) transfers or conveys all or substantially all of its properties and assets to any person or entity, then, and in each such case, proper provision shall be made so that the business or assets successors and assigns of the Company, by written agreement, expressly to Company assume and agree to perform this Agreement in the same manner and to the same extent that obligations of the Company would be required under this Agreement. This Agreement shall continue for the benefit of Indemnitee and such heirs, personal representatives, executors and administrators after Indemnitee has ceased to perform if no such succession had taken place. have Corporate Status. View More
Successors. This Agreement shall be (a) binding upon all successors and assigns of the Company (including, without limitation, to the fullest extent permitted by law, any transferee of all or a substantial portion of the business, stock and/or assets of the Company and its successors and assigns, including any direct or indirect successor, successor by purchase, merger, merger or consolidation or otherwise, to all or substantially all otherwise by operation of the business or assets of the Company, law), an...d (b) binding on and shall inure to the benefit of Indemnitee and Indemnitee's the heirs, personal representatives, executors and administrators. The administrators of Indemnitee. To the fullest extent permitted by applicable law, the Company shall require and cause any successor (whether direct or indirect by purchase, merger, consolidation or otherwise) to all or substantially all of the business or business, stock and/or assets of the Company, Company (whether by written agreement, expressly operation of law or otherwise) 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 as if no such succession had taken place. This Agreement shall continue for the benefit of Indemnitee and the heirs, personal representatives, executors and administrators of Indemnitee after Indemnitee has ceased to have Corporate Status. View More
Successors. This Agreement shall be (a) binding upon all successors and assigns of the Company (including any transferee of all or a substantial portion of the business, stock and/or assets of the Company and its successors and assigns, including any direct or indirect successor, successor by purchase, merger, merger or consolidation or otherwise, to all or substantially all otherwise by operation of the business or assets of the Company, law) and (b) binding on and shall inure to the benefit of the heirs, ...personal representatives, executors and administrators of the Indemnitee. This Agreement shall continue for the benefit of the Indemnitee and Indemnitee's such heirs, personal representatives, executors and administrators. administrators after the Indemnitee has ceased to have Corporate Status. The Company shall require and cause any successor (whether successor(s) (including any transferee of all or a substantial portion of the business, stock and/or assets of the Company and any direct or indirect successor by purchase, merger, merger or consolidation or otherwise) to all or substantially all otherwise by operation of the business or assets of the Company, law), by written agreement, agreement in form and substance reasonably satisfactory to 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. place; provided that no such assumption shall relieve the Company from its obligations hereunder and any obligations shall thereafter be joint and several. 15 16. Change in Law. To the extent that a change in Delaware law (whether by statute or judicial decision) shall permit broader indemnification or advancement of expenses than is provided under the terms of the bylaws of the Company and this Agreement, the Indemnitee shall be entitled to such broader indemnification and advancements, and this Agreement shall be deemed to be amended to such extent, but only to the extent such amendment permits the Indemnitee to broader indemnification and advancement rights other than Delaware law permitted prior to the adoption of such amendment. View More
Successors. This Agreement shall be (a) binding upon all successors and assigns of the Company (including any transferee of all or a substantial portion of the business, stock and/or assets of the Company and its successors and assigns, including any direct or indirect successor, successor by purchase, merger, merger or consolidation or otherwise, to all or substantially all otherwise by operation of the business or assets of the Company, law) and (b) binding on and shall inure to the benefit of Indemnitee ...and Indemnitee's the heirs, personal representatives, executors and administrators. administrators of the Indemnitee. The Company shall require and cause any such successor (whether direct or indirect by purchase, merger, consolidation or otherwise) to all or substantially all of the business or assets of the Company, and assign, by written agreement, 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 fullest extent that permitted by law. No such assumption and agreement shall relieve the Company would of any of its obligations hereunder, and this Agreement shall not otherwise be required assignable by the Company. This Agreement shall continue for the benefit of the Indemnitee and such heirs, personal representatives, executors and administrators after the Indemnitee has ceased to perform if no such succession had taken place. have Corporate Status. View More
Successors. This Agreement shall be (a) binding upon all successors and assigns of the Company (including any transferee of all or a substantial portion of the business, stock and/or assets of the Company and its successors and assigns, including any direct or indirect successor, successor by purchase, merger, merger or consolidation or otherwise, to all or substantially all otherwise by operation of the business or assets of the Company, law) and (b) binding on and shall inure to the benefit of the heirs, ...personal representatives, executors and administrators of Indemnitee. This Agreement shall continue for the benefit of Indemnitee and Indemnitee's such heirs, personal representatives, executors and administrators. administrators after Indemnitee has ceased to have Corporate Status. The Company shall require and cause any successor (whether direct or indirect successor (whether by purchase, merger, consolidation or otherwise) to all or substantially all of the business or assets of the Company, by written agreement, agreement in form and substance reasonably 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. -9- 17. Subrogation. In the event of any payment of Indemnifiable Amounts under this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights of contribution or recovery of Indemnitee against other persons, and Indemnitee shall take, at the request of the Company, all reasonable action necessary to secure such rights, including the execution of such documents as are necessary to enable the Company to bring suit to enforce such rights. The Company shall pay or reimburse all Expenses actually and reasonably incurred by Indemnitee in connection with such subrogation. In no event, however, shall the Company or any other person have any right of recovery through subrogation against (i) Indemnitee, (ii) the Other Indemnitors (as defined below), or (iii) any insurance policy purchased or maintained by Indemnitee or the Other Indemnitors. View More
Successors. This Agreement shall be (a) binding upon the Company and its all successors and assigns, including assigns of the Trust (including any transferee of all or a substantial portion of the business, shares and/or assets of the Trust and any direct or indirect successor, successor by purchase, merger, merger or consolidation or otherwise, to all or substantially all otherwise by operation of the business or assets of the Company, law) and (b) binding on and shall inure to the benefit of the heirs, pe...rsonal representatives, executors and administrators of Indemnitee. This Agreement shall continue for the benefit of Indemnitee and Indemnitee's such heirs, personal representatives, executors and administrators. administrators after Indemnitee has ceased to have Trust Status. The Company Trust shall require and cause any successor (whether direct or indirect by purchase, merger, consolidation or otherwise) to all, substantially all or substantially all a substantial part of the business or and/or assets of the Company, Trust, by written agreement, 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 Trust would be required to perform if no such succession had taken place. View More
Successors. This Agreement shall be (a) binding upon all successors and assigns of the Company (including any transferee of all or a substantial portion of the business, stock and/or assets of the Company and its successors and assigns, including any direct or indirect successor, successor by purchase, merger, merger or consolidation or otherwise, to all or substantially all otherwise by operation of the business or assets of the Company, law) and (b) binding on and shall inure to the benefit of the heirs, ...personal representatives, executors and administrators of the Indemnitee. This Agreement shall continue for the benefit of the Indemnitee and Indemnitee's such heirs, personal representatives, executors and administrators. administrators after the Indemnitee has ceased to have Corporate Status. The Company shall require and cause any successor (whether successor(s) (including any transferee of all or a substantial portion of the business, stock and/or assets of the Company and any direct or indirect successor by purchase, merger, merger or consolidation or otherwise) to all or substantially all otherwise by operation of the business or assets of the Company, law), by written agreement, agreement in form and substance reasonably satisfactory to 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. place; provided that no such assumption shall relieve the Company from its obligations hereunder and any obligations shall thereafter be joint and several. View More
Successors. This Agreement shall be binding upon upon, and inure to the benefit of, the Company and its successors and assigns, including assigns and upon any direct or indirect successor, person acquiring, whether by purchase, merger, consolidation consolidation, purchase of assets or otherwise, to all or substantially all of the business or Company's assets of and business, and the Company, and successor shall inure to be substituted for the benefit of Indemnitee and Indemnitee's heirs, executors and admi...nistrators. Company under this Agreement. The Company shall will require and cause any successor (whether direct or indirect by purchase, merger, consolidation or otherwise) to all or substantially all of the business or assets of the Company, by written agreement, expressly to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such assignment or succession had taken place. View More
