Common use of Assignment by Licensee Clause in Contracts

Assignment by Licensee. The rights of Licensee under this Agreement may not be sold, assigned, transferred, or encumbered by Licensee without the prior written consent of Licensor.

Assignment by Licensee. The rights of granted to the Licensee under pursuant to this Agreement are personal to Licensee and may not be soldassigned or sublicensed, assignedby operation of law or otherwise, transferred, or encumbered by nor may Licensee delegate its obligations hereunder without the prior written consent of Licensor. Licensee may not assign any interest it has in Licensed Products, proceeds from the sale of Licensed Products or any rights granted to it herein to a secured lender or as part of a security interest.