Assignment of this Contract. You can, by Authorized Request, assign or otherwise transfer specific rights under this contract during the Accumulation Phase and before the first Valid Claim. Upon receipt of the Authorized Request, we record the assignment, but we will not be responsible for the validity or effect of the assignment, including the tax consequences of such assignment. We will not be liable to the assignee for any actions we take or payments we make before we receive an Authorized Request of the assignment or transfer. If you assign this contract, you can exercise your rights only with the written consent of the assignee. An assignment does not change the Annuitant or Beneficiary. An assignment does not change any Determining Life, except as described under the definition of “Determining Life”. An assignment that is not an absolute assignment does not change the Owner. L40538-NY03 17 Ownership continued from the previous page Change of Ownership You can, by Authorized Request, change ownership of this contract to a new Owner during the Accumulation Phase and before the first Valid Claim. Upon receipt of the Authorized Request, we record the change of ownership. We will not be responsible for the validity or effect of the change of ownership, including the tax consequences of such transfer. We will not be liable to the new Owner for any actions we take or payments we make before we receive an Authorized Request of the change of ownership. A change of ownership does not change the Annuitant or Beneficiary. A change of ownership does not change any Determining Life, except as described under the definition of “Determining Life”. The new Owner can request a change of Annuitant or Beneficiary by providing an Authorized Request. Non-Individual Owners If this contract is owned by a non-individual, then we treat the Annuitant as the Owner for purposes of determining the payment of any Death Benefit and determining when the Accumulation Phase ends. If the Annuitant dies on a non-individually owned contract, we pay the Death Benefit to the Beneficiary as described in “Who receives the Death Benefit”. The term “non-natural Owner” may also be used to mean “non-individual Owner” in any endorsement and/or rider. Change of Annuitant A non-individual Owner cannot change the Annuitant. Otherwise, you can change the Annuitant during the Accumulation Phase and before the first Valid Claim by providing an Authorized Request. If the Annuitant, who is not an Owner, dies during the Accumulation ...
Assignment of this Contract. 9.1 Unless with the prior consent of the Pledgee, the Pledgor or Guanli shall have no right to transfer any of her/its rights or obligations hereunder.
Assignment of this Contract. 4.1 Unless with the prior written consent of Party A, Party B and Guanli shall not transfer their respective rights and obligations hereunder to any third parties.
Assignment of this Contract. You may, by Authorized Request and our written consent, assign or otherwise transfer specific rights under this contract during the Accumulation Phase. We may refuse to consent to such assignments or transfers at any time on a non-discriminatory basis. We will not consent if the assignment or transfer would violate or result in noncompliance with any applicable state or federal law or regulation. Upon consent, we will record the assignment, subject to our approval guidelines at the time of the request. We will not be responsible for the validity or effect of the assignment, including the tax consequences of such assignment. We will not be liable to the assignee for any actions we take or payments we make before we consent and record the assignment or transfer. If you assign this contract, you can exercise your rights only with the written consent of the assignee. An assignment does not change the Annuitant or Beneficiary(ies). An assignment that is not an absolute assignment does not change the Owner. Change of Ownership You may, by Authorized Request and our written consent, change ownership of this contract to a new Owner during the Accumulation Phase. We may refuse to consent to any change of ownership at any time on a non-discriminatory basis. We will not consent if the change in ownership would violate or result in noncompliance with any applicable state or federal law or regulation. Upon consent, we will record the change of ownership, subject to our approval guidelines at the time of the request. An Ownership change will take effect as of the date you signed the Authorized Request. We will not be responsible for the validity or effect of the change of ownership, including the tax consequences of such transfer. We will not be liable to the new Owner for any actions we take or payments we make before we consent and record the change of ownership. A change of ownership does not change the Annuitant or Beneficiary(ies). The new Owner can request a change of Annuitant or Beneficiary by providing an Authorized Request. L40538-IAI 13 [Admin Tracking Identifier]
Assignment of this Contract. During the Accumulation Phase only, you may, by Authorized Request, assign or otherwise transfer specific rights under this contract. We will record the assignment as of the date the Authorized Request is signed by you, unless you specify otherwise. We will not consent if the assignment or transfer would violate or result in noncompliance with any applicable state or federal law or regulation. We will not be responsible for the validity or effect of the assignment, including the tax consequences of such assignment. We will not be liable to the assignee for any actions we take or payments we make before we consent and record the assignment or transfer. An absolute assignment is a change of Ownership. If you assign specific rights under this contract, you can exercise those specific rights only with the written consent of the assignee. An assignment does not change the Annuitant or Beneficiary(ies). An assignment that is not an absolute assignment does not change the Owner.
Assignment of this Contract. 4.1 Unless with the prior written consent of Party A, Party B and Zhongguan shall not transfer their respective rights and obligations hereunder to any third parties.
Assignment of this Contract. Give careful thought to this. Consider the circumstances on both sides ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .
Assignment of this Contract. 9.1 Unless with the prior consent of the Pledgee, the Pledgor or Zhongguan shall have no right to transfer any of her/its rights or obligations hereunder.
Assignment of this Contract. This Contract may not be assigned by Purchaser without the prior written consent of Seller. The foregoing notwithstanding, Purchaser shall have the right to assign this Contract to an entity whose decisions are made by Purchaser (or by an entity wholly owned by Purchaser) provided Purchaser owns at least fifty (50%) percent of the economic interests in such entity and provided further that such entity assumes all obligations of Purchaser under this Contract. A transfer, sale or assignment of the majority stock or membership interest in a corporate or limited liability company purchaser or in a corporate or limited liability general partner of a partnership purchaser, or of a general partnership interest in a partnership purchaser, shall constitute an assignment of this Contract, which assignment or attempted assignment shall be void if made without the written consent of Seller. No assignment of this Contract, whether or not permitted, shall be deemed to relieve or release Purchaser from any of its obligations (whether to be performed prior to or after Closing) set forth herein. Seller shall not have the right to assign its interests under this Contract except to entities affiliated with or related to Seller.
Assignment of this Contract. This Contract may not be assigned by Purchaser without the prior written consent of Seller, except to an affiliate of Purchaser (a) that is controlled by, or under common control with, Purchaser (which shall include any entity in which Purchaser, or its members or its members’ principals, possess, directly or indirectly, the power to direct or cause the direction of its management and policies, whether through ownership of voting securities or otherwise), or (b) in which Purchaser or an affiliate of Purchaser is a member or principal, so long as in either case any such entity or entities are controlled in whole or part by Purchaser (for itself or together with a co-managing member) and after delivery of written notice thereof to the Seller. Purchaser and any permitted assignee of Purchaser shall execute and deliver to Seller within five (5) days prior to Closing an assignment and assumption agreement whereby Purchaser assigns all of its right, title and interest in, to and under the Contract to such assignee, and such assignee assumes all of Purchaser’s obligations hereunder, without Purchaser being released from such obligations. A direct or indirect transfer, sale or assignment of the majority stock interest in a corporate purchaser or the majority membership interest in a limited liability company purchaser or the majority or any general partnership interest of a partnership purchaser shall constitute an assignment of this Contract, which assignment or attempted assignment shall be void if made without the prior written consent of Seller. No assignment of this Contract shall relieve Purchaser from any of its obligations set forth herein arising prior to or after the effective date of the assignment.
