Common use of Assignment by Buyer Clause in Contracts

Assignment by Buyer. Buyer may not assign or otherwise transfer any of its rights or obligations under this Agreement without obtaining the prior written consent of Seller, which consent shall not be unreasonably withheld. Notwithstanding the foregoing, Buyer may assign its rights under this Agreement to an Affiliate of Buyer without first obtaining Seller's consent. Notwithstanding any assignment pursuant to this Section, in no event shall Buyer be released from any of the obligations under this Agreement. Any assignment in violation of this section shall be null and void.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Hersha Hospitality Trust), Purchase and Sale Agreement (Hersha Hospitality Trust), Purchase and Sale Agreement (Hersha Hospitality Trust)

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Assignment by Buyer. Buyer may shall not assign this Agreement or otherwise transfer any of its rights rights, duties or obligations under this Agreement hereunder without obtaining the prior written consent of Seller, which consent shall not be unreasonably withheld. Notwithstanding the foregoing, Buyer may assign its rights under this Agreement to an Affiliate of Buyer without first obtaining Seller's consent. Notwithstanding any assignment pursuant to this Section, in no event shall Buyer be released from any of the obligations under this Agreement. Any assignment in violation of this section shall be null and void.

Appears in 2 contracts

Samples: Purchase and Sale Agreement and Joint Escrow Instructions, Purchase and Sale Agreement and Joint Escrow Instructions

Assignment by Buyer. Buyer may shall not transfer or assign or otherwise transfer any of its rights or obligations under this Agreement or the rights (including licenses) granted or to be granted hereunder in whole or in part without obtaining the prior written consent of Seller, which consent shall not be unreasonably withheld. Notwithstanding the foregoing, Buyer may assign its rights under this Agreement to an Affiliate of Buyer without first obtaining Seller's consent. Notwithstanding any assignment pursuant to this Section, in no event shall Buyer be released from any of the obligations under this Agreement. Any assignment in violation of this section shall be null and void.except that:

Appears in 1 contract

Samples: Supply Agreement (Anika Therapeutics Inc)

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Assignment by Buyer. Buyer may shall have the right to assign this Agreement, without Seller’s consent, to any affiliated party. Buyer shall not have the right to assign or otherwise transfer any of its rights or obligations under this Agreement to any other person or entity without obtaining the Seller’s prior written consent of Sellerconsent, which consent shall will not be unreasonably withheld. Notwithstanding In either event, the foregoingassignee shall assume in writing all of Buyer’s obligations hereunder, and Buyer may assign its rights under this Agreement to an Affiliate of Buyer without first obtaining Seller's consent. Notwithstanding any assignment pursuant to this Section, in no event shall Buyer not be released from any of the its obligations under this Agreement. Any assignment in violation of this section shall be null and voidhereunder.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cornerstone Core Properties REIT, Inc.)

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