Common use of Assignment by Licensor Clause in Contracts

Assignment by Licensor. This Agreement shall inure to the benefit of any assignee or other legal successor to the interests of Licensor herein. Licensor is free to transfer and assign all of its rights and obligations under this Agreement to any person or business entity. Upon such assignment and assumption, Licensor shall have no further obligation to Licensee.

Appears in 2 contracts

Samples: Casino Trademark License Agreement, Casino Trademark License Agreement (Melco PBL Entertainment (Macau) LTD)

AutoNDA by SimpleDocs

Assignment by Licensor. This Agreement shall inure to the benefit of any assignee or other legal successor to the interests of Licensor herein. Licensor is free to transfer and assign all of its rights and obligations under this Agreement to any person or business entityentity as part of a transfer or assignment of the Licensor’s entire business. Upon such assignment and assumption, Licensor shall have no further obligation to Licensee.

Appears in 2 contracts

Samples: Hotel Trademark License Agreement, Hotel Trademark License Agreement (Melco PBL Entertainment (Macau) LTD)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!