Assignment of Interests, Rights and Obligations Sample Clauses

Assignment of Interests, Rights and Obligations. Developer may transfer or assign all or any portion of its interests, rights or obligations under this Agreement, the Project Approvals or Subsequent Approvals to third parties acquiring an interest or estate in the Project or any portion thereof including, without limitation, purchasers or ground lessees of lots, parcels or facilities.
AutoNDA by SimpleDocs
Assignment of Interests, Rights and Obligations. Developer may assign all or any portion of its interests, rights or obligations under this Agreement to third parties acquiring an interest or estate in the Property or any portion thereof in accordance with the provisions of this Article.
Assignment of Interests, Rights and Obligations. This Agreement shall be binding and inure to the benefit of the Parties. No Party may assign its rights under this Agreement without the written consent of the other Party, which consent shall not unreasonably be withheld.
Assignment of Interests, Rights and Obligations. Owner may transfer all or any portion of its interest in, and rights and obligations under, this Agreement to any person acquiring an interest or estate in all or any portion of the Property (any such portion, a “Transfer Property”), including, without limitation, purchasers or ground lessees of such Transfer Property (a “Transferee”) without any act or concurrence by City. Any such transfer must, as and to the extent set forth below, relieve the transferring party (a “Transferor”) of any and all rights and obligations under this Agreement insofar as they pertain to the Transfer Property. No sale, transfer or assignment shall require the amendment of this Agreement.
Assignment of Interests, Rights and Obligations. This Development Agreement shall be binding and inure to the benefit of the Parties. No Party may assign its rights under this Agreement without the written consent of the other Party, which consent shall not unreasonably be withheld. This Development Agreement shall be binding upon and shall inure to the benefit of the heirs, successors, and assigns of Landowner and the City.
Assignment of Interests, Rights and Obligations. Tamarack shall have 19 the right to assign or transfer all or any portion of its interests, rights, obligations or 20 responsibilities under this Agreement, including the MPR Permit and the Subsequent
Assignment of Interests, Rights and Obligations. Subject to the provisions of this Agreement, Stanford shall have the right to freely alienate, transfer, assign, lease, license and otherwise convey all or any portion of its real property, including Housing Sites and Designated Sites and improvements thereon (each, a “Transfer”) (provided that no partial transfer shall be permitted to cause a violation of the Subdivision Map Act, Government Code Sections 66410, et seq.). Any portion so transferred is referred to herein as a “Transferred Site”. Subject to the conditions in this Section 18, in connection with any Transfer, Stanford may also assign all or any portion of its interests, rights or obligations applicable to such Transferred Site under this Agreement or under one or more Subsequent Approvals (an “Assignment”) to any third party to whom a Transfer of an interest or estate in a Site or any portion thereof is made (each, a “Transferee”). Except as otherwise expressly provided, as used in this Agreement, the terms “Stanford” and “City” shall include the party’s transferees, successors and assigns.
AutoNDA by SimpleDocs
Assignment of Interests, Rights and Obligations. Developer shall have the right to transfer or assign its interests, rights, and obligations under the Entitlements, subject to the terms of this Agreement, to third parties acquiring a complete or partial interest or estate in the Property, or any portion thereof, including, without limitation, purchasers or ground lessee(s) of lots, parcels or facilities, after obtaining the prior written consent of the County, which shall not be unreasonably withheld, conditioned, or delayed.
Assignment of Interests, Rights and Obligations. Owner shall have the full right to assign this Agreement as to the Property, or any portion thereof, in connection with any sale, transfer or conveyance thereof. Upon the express written assumption by the assignee of such assignment and the conveyances of Owner’s interest in the Property related thereto, Owner shall be released from any further liability or obligation hereunder related to the portion of the Property so conveyed. Owner’s rights to assign shall be subject to County’s approval pursuant to Section 7.1(b)(ii).
Assignment of Interests, Rights and Obligations. A Developer hereunder may transfer or assign all or any portion of its interests, rights, or obligations under the Entitlements to third parties acquiring an interest or estate in the Property, or any portion thereof, including, without limitation, purchasers or ground lessee(s) of lots, parcels or facilities under the terms and conditions in this Section. Transfers to Transferees of some or all of the Property who intend to assume some or all of the transferring Developer’s obligations under this Agreement, the Entitlements, and the Implementing Approvals, shall not require approval by the City; provided, however, that the transferring Developer shall not be released of its obligations under this Agreement as to the property transferred unless and until a Transfer Agreement expressly delineating which Party shall bear the continuing obligations under this Agreement, as specified in Section 1.9.1, has been fully executed and approved by the City, which approval shall not be unreasonably conditioned or withheld. Further, no parcel of land and no owner of any parcel of land subject to this Agreement shall be released from the obligations of this Agreement that attach to that parcel under this Agreement unless and until a Transfer Agreement expressly delineating which Party shall bear the continuing obligations under this Agreement, as specified in Section 1.9.1, has been fully executed and approved by the City, which approval shall not be unreasonably conditioned or withheld. Transfers to Non-Assuming Transferees of one or more single, subdivided parcels do not require City consent, if completed under the terms of Section
Time is Money Join Law Insider Premium to draft better contracts faster.