AVII » Topics » Section 15. Successors

This excerpt taken from the AVII 8-K filed Aug 24, 2009.
Section 15.  Successors.  This Agreement will inure to the benefit of and be binding upon the parties hereto, including any substitute Underwriters pursuant to Section 10 hereof, and to the benefit of the employees, officers and directors and controlling persons referred to in Section 8 and Section 9, and in each case their respective successors, and no other person

 

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will have any right or obligation hereunder.  The term “successors” shall not include any purchaser of any Offered Securities as such from any of the Underwriters merely by reason of such purchase.

 

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