Glossary entry

English term or phrase:

inure/assigns

English answer:

Inure: be used, take effect, Assign: assignee (alternative of), a person to whom a right or liability is legally transferred

Added to glossary by juvera
Mar 4, 2005 00:29
19 yrs ago
English term

inure/assigns

English Other Business/Commerce (general)
[context: terms of sales - supplier sells pieces to fabricator mainly for assembling (and subsequently selling)]

"General.
The Fabricator Agreement shall not be assigned by Fabricator without the prior written consent of Supplier, and any assignment made without such consent shall be null and void.
The Fabricator Agreement shall ***inure to the benefit of*** and be binding upon the parties hereto and their respective successors and ***permitted assigns***."

- what's the meaning of inure in this sentence? (be enforceable?)
- what are assigns? (assignments?)

Responses

+1
13 mins
Selected

Inure: be used, take effect, assign: assignee,

Assign: an alternative word for assignee, a person to whom a right or liability is legally transferred.
Peer comment(s):

agree Elizabeth Rudin
2 days 11 hrs
Thank you.
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4 KudoZ points awarded for this answer. Comment: "thanks!"
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