Example ContractsClausesbinding effect; counterpartsIdentical
Binding Effect; Counterparts
Binding Effect; Counterparts contract clause examples

Binding Effect. This Agreement shall be binding on and shall inure to the benefit of the parties, and their successors and permitted assigns. Subject to the foregoing sentence, no person not a party to this Agreement shall have any right under or by virtue of this Agreement.

ASSET PURCHASE AGREEMENT
Source: SEC EDGAR database • Date: January 21, 2022 • SIC: 3841 • CIK: 3841

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.