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General Contract Clauses: Successors and Assigns
Practical Law Standard Clauses 3-523-8024 (Approx. 8 pages)
General Contract Clauses: Successors and Assigns
by Practical Law Commercial Transactions
A Standard Clause, sometimes also referred to as a binding effect clause, stating the parties' intention that their respective successors and assigns be entitled to the benefits of, and subject to the obligations created by, the agreement. This Standard Clause has integrated notes with important explanations and drafting tips.
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