Assignment by the Team Sample Clauses

Assignment by the Team. The Team shall not sell, assign, transfer, mortgage, pledge, hypothecate, encumber, sublet, license or grant a security interest in or upon (collectively, “Assign” or an “Assignment”) its rights under this Agreement without the Consent of the Authority; provided, however, that the Authority hereby acknowledges, agrees and approves that (i) the Team may Assign its rights, and delegate its obligations, liabilities and duties, under this Agreement [and, simultaneously in connection therewith, the Development Agreement and the Development Agreement Documents] to StadCo pursuant to an Assignment and Assumption Agreement substantially in the form attached hereto as Exhibit H (the “StadCo Assignment”), and (ii) (A) any of the obligations, liabilities or duties of the Team under this Agreement, the Development Agreement and the Development Agreement Documents may be performed by the Team, a related entity of the Team, or a third Person with common beneficial or equity ownership with the Team (including trusts or other entities established for the benefit of one or more of the Team’s ownership or one or more family members of the Team’s ownership) and (B) the Team, a related entity of the Team, or a third party with common beneficial or equity ownership with the Team (including trusts or other entities established for the benefit of one or more of the Team’s ownership or one or more family members of the Team’s ownership) may receive revenues to which the Team is entitled under this Agreement or the Act. If the Team Assigns this Agreement, [and in connection therewith, the Development Agreement and the Development Agreement Documents], to StadCo (including an Assignment of any rights of the Team hereunder [or under the Development Agreement and the Development Agreement Documents] to StadCo) as permitted under this Section 23.1(a), all references to the Team hereunder [and under the Development Agreement and the Development Agreement Documents], shall be references to StadCo (but [Raiders Football Team] shall remain liable for performance of any obligations, liabilities or duties that are assigned or delegated by it to StadCo).
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Related to Assignment by the Team

  • Assignment by the Seller The Seller shall assign (exclusive of the Seller’s rights arising under Section 8.02(iii) and 8.03), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement.

  • Assignment by the Company The rights, interests or obligations of the Company hereunder may not be assigned, by operation of law or otherwise, in whole or in part, by the Company without the prior written consent of the Investor.

  • Assignment by the Executive This Agreement will inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

  • Assignment by Owner 51 Section 12.11

  • Assignment by Seller The Seller shall have the right, upon notice to but without the consent of the Servicer, to assign, in whole or in part (but exclusive of the Servicer’s rights and obligations as owner of the servicing rights relating to the Mortgage Loans), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement. All references to the Seller in this Agreement shall be deemed to include its assignee or designee and any subsequent assignee or designee, specifically including the Trustee.