Assignment or other Transfer Sample Clauses
The "Assignment or other Transfer" clause defines the conditions under which a party may transfer its rights or obligations under the agreement to another party. Typically, this clause restricts either party from assigning the contract or delegating duties without the prior written consent of the other party, though it may allow for certain exceptions, such as transfers to affiliates or in connection with a merger. Its core practical function is to maintain control over who is involved in the contractual relationship, thereby protecting each party from being forced to work with an unknown or undesirable third party.
Assignment or other Transfer. Neither party may assign all or any of its rights or obligations under this Agreement to any other person or entity without the prior written consent of the other party.
Assignment or other Transfer. The Customer can only assign this Agreement to succeeding parties in the case of a merger, acquisition or change of control if:
Assignment or other Transfer. The rights and obligations of MANAGER under this Agreement, including any interest herein or any claim arising hereunder, may not be assigned by it, in whole or in part, whether to any Affiliate of MANAGER or to any other party or parties, and whether voluntarily or by operation of law, and whether by sale, merger, division, consolidation, encumbrance or sale of stock, or otherwise, without the prior written consent of SERS, which consent SERS may grant or withhold in its sole and absolute discretion. Any assignment or attempted assignment in contravention of this Section 16 shall be null and void ab initio.
Assignment or other Transfer. ▇▇▇▇▇▇▇ OPERATING RESOURCES covenants that, during this Operating Agreement and for such further time as ▇▇▇▇▇▇▇ OPERATING RESOURCES shall hold the Oil Terminal or any part thereof, ▇▇▇▇▇▇▇ OPERATING RESOURCES will not assign or encumber this Operating Agreement nor sublet the whole or any part of the Oil Terminal without first obtaining on each occasion the written consent of ▇▇▇▇▇▇▇ HOLDINGS. SPRAGUE HOLDINGS may assign the Operating Agreement or otherwise transfer its interest in the Oil Terminal with notice to ▇▇▇▇▇▇▇ OPERATING RESOURCES.
Assignment or other Transfer. (a) The Customer can only assign this Agreement to succeeding parties in the case of a merger, acquisition or change of control if:
(i) the Customer notifies Deswik within sixty (60) days of the assignment;
(ii) the assignee agrees in writing to be bound by the terms and conditions of this Agreement; and
(iii) upon assignment or transfer, the assigning Customer makes no further use of the Software and deletes or destroys all copies of the Software in its possession, custody or control and provides evidence of deletion or destruction to Deswik's satisfaction.
(b) Any purported assignment or transfer of the Software by the Customer other than in accordance with the requirements of this clause 16 will be void and will entitle Deswik to terminate this Agreement in accordance with clause 11.
(c) Deswik may assign its rights and obligations under this Agreement without the consent of the Customer. Any permitted assignee shall be bound by the terms and conditions of this Agreement.
Assignment or other Transfer.
12.1 The Licensee can only assign this License to succeeding parties in the case of a merger, acquisition or change of control if:
(a) the Licensee notifies Deswik within sixty (60) days of the assignment;
(b) the assignee agrees to be bound by the terms and conditions of this ▇▇▇▇: and
(c) upon assignment or transfer, the assigning licensee makes no further use of the Software and deletes or destroys all copies of the Software in its possession, custody or control.
12.2 Any purported assignment or transfer of the Software by the Licensee other than in accordance with the requirements of this clause 12 will be void and will entitle Deswik to terminate this ▇▇▇▇ in accordance with clause 11.
12.3 Deswik may assign its rights and obligations under this ▇▇▇▇ without the consent of the Licensee. Any permitted assignee shall be bound by the terms and conditions of this Agreement.
Assignment or other Transfer. CONSULTANT may not delegate any of its obligations hereunder, nor assign or otherwise transfer, in whole or in part, this Agreement, including any interest herein or any claim arising hereunder, (whether voluntary or by operation of law, and whether by sale, merger, division, consolidation, encumbrance or sale of stock, or otherwise) to any subsidiary or affiliate of CONSULTANT, or any partnership, trust or other entity controlling, controlled by, or under common control with CONSULTANT, or to any other party or parties, without the prior written consent of SERS, which consent SERS may grant or withhold in its sole discretion. Any assignment or attempted assignment in contravention of this Section 15 shall be null and void ab initio.
Assignment or other Transfer. The rights and obligations of MANAGER under this Agreement, including any interest herein or any claim arising hereunder, may not be assigned by it, in whole or in part, whether to any Affiliate of MANAGER or to any other party or parties, and whether voluntarily or by operation of law, and whether by sale, merger, division, consolidation, encumbrance or sale of stock, or otherwise, without the prior written consent of SERS, which consent SERS may grant or withhold in its sole and absolute discretion. Notwithstanding the previous sentence, SERS hereby consents to any transfer by MANAGER that is the result of internal reorganizing by MANAGER so long as the conditions outlined in Paragraph 11 "Key Persons" remain in effect after the Internal organization. Any other assignment or attempted assignment in contravention of this Section shall be null and void ab initio.
Assignment or other Transfer. The grant of the license hereunder is unique to Axis, and may not be transferred, or in effect transferred, in whole or in part, whether by independent agreement, acquisition by another party of Axis's capital stock or assets, mortgage, pledge, lease or other assignment as security, merger, consolidation or other reorganization, the succession by another party to Axis's business by operation of law, as a consequence of any transaction that results in a change in the ownership or right of control of Axis, or otherwise, unless Interweb has expressly consented in writing thereto. Interweb may transfer its right to receive the monetary benefits of this Agreement subject to any rights of offset available to Axis under this Agreement, but may not transfer any of its obligations owing to Axis hereunder without the prior written consent of Axis.
Assignment or other Transfer. The rights and obligations of MANAGER under this Agreement including any interest herein or any claim arising hereunder, may not be assigned or otherwise transferred by it, whether in whole or in part, whether to any subsidiary or affiliate of MANAGER, or any partnership, trust or other entity controlling, controlled by or under common control with MANAGER, or to any other party or parties, and whether voluntarily or by operation of law, and whether by sale, merger, division, consolidation, encumbrance or sale of stock or of partnership interests, or otherwise, without the prior written consent of SERS, which consent SERS may grant or withhold in its sole discretion. Any assignment or attempted assignment in contravention of this provision shall be null and void ab initio.