Common use of Assignment of License Clause in Contracts

Assignment of License. Except with the prior written consent of Licensor, which consent will not be withheld unreasonably, Licensee must neither transfer nor assign this License or any rights hereunder, nor sublet the property or any portion of the property thereof, nor grant any interest, privilege or license whatsoever in connection with this License. Any such action taken without the express written approval, assignment and assumption of License by assignee will constitute a violation of this License by Licensee and a trespass by any subtenant of Licensee or assignee. Notwithstanding the foregoing, Licensee will have the right to assign its contractual interest to any entity controlling, controlled or under common control with Licensee, to any entity that acquires substantially all of the assets of Licensee licensed by the FCC to operate a wireless communications business and to any entity that acquires substantially all of Licensee’s assets in the Major Trading Area in which the facility is located, provided that, in all such instances, such assignee assumes in full all of Licensee’s obligations under this License. Licensee must notify Licensor with a minimum written 30 days’ prior notice. Such notice will not amend or modify the terms and conditions of this License.

Appears in 4 contracts

Samples: www.gsa.gov, www.gsa.gov, www.gsa.gov

AutoNDA by SimpleDocs

Assignment of License. Except with the prior written consent of Licensor, which consent will not be withheld unreasonably, Licensee must neither transfer nor assign this License Lease or any rights hereunder, nor sublet the property or any portion of the property thereof, nor grant any interest, privilege or license whatsoever in connection with this LicenseLease. Any such action taken without the express written approval, assignment and assumption of License Lease by assignee will constitute a violation of this License Lease by Licensee and a trespass by any subtenant of Licensee or assignee. Notwithstanding the foregoing, Licensee will have the right to assign its contractual interest to any entity controlling, controlled or under common control with Licensee, to any entity that acquires substantially all of the assets of Licensee licensed by the FCC to operate a wireless communications business and to any entity that acquires substantially all of Licensee’s assets in the Major Trading Area in which the facility is located, provided that, in all such instances, such assignee assumes in full all of Licensee’s obligations under this LicenseLease. Licensee must notify Licensor with a minimum written 30 days’ prior notice. Such notice will not amend or modify the terms and conditions of this LicenseLease.

Appears in 2 contracts

Samples: www.gsa.gov, www.gsa.gov

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.