Affiliate exception Sample Clauses
Affiliate exception. Notwithstanding the terms of clause 27.1, it is expressly recorded that MagicOrange shall be entitled to cede and assign all rights and obligations under the Agreement to an Affiliate without the prior written consent of the Client, provided that MagicOrange shall notify the Client within a reasonable time of the event occurring.
Affiliate exception. (a) Subject to Indonesian law, NGIL may at any time and without first having to obtain the prior consent of PSU or MKA, transfer all or any of its Shares and assign all of its rights and obligations under this Agreement to any of its Affiliates.
Affiliate exception. (Article 4G) The provisions of paragraph B of Article 4 (regarding recapture), and the provisions of paragraph J of Article 4 (regarding profit splitting), shall not apply to, and Landlord’s consent shall not be required with respect to (i) the use by an Affiliate (as hereinafter defined) of all or any portion of the Premises or (ii) an assignment of the Lease or a sublease of all or any portion of the Premises to an Affiliate, provided that Tenant complies with certain conditions and provisions of Article 4 as set forth in Article 4G. Tenant shall give Landlord at least ten (10) days’ prior written notice of any such transaction accompanied by (i) a certified statement by an officer of Tenant that the proposed assignee or sublessee, as the case may be, is an Affiliate (and describing the relationship) and (ii) the written statement by Tenant confirming that Tenant will remain primarily liable, jointly and severally with any transferee or assignee, for the obligations of Tenant under the Lease.