Common use of Assignment or other Transfer Clause in Contracts

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.

Appears in 3 contracts

Sources: Terminal Operating Agreement, Terminal Operating Agreement (Sprague Resources LP), Terminal Operating Agreement (Sprague Resources LP)

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 ▇▇▇▇▇▇▇ HOLDINGSMASSACHUSETTS. SPRAGUE HOLDINGS ▇▇▇▇▇▇▇ MASSACHUSETTS may assign the Operating Agreement or otherwise transfer its interest in the Oil Terminal with notice to ▇▇▇▇▇▇▇ OPERATING RESOURCES.

Appears in 2 contracts

Sources: Terminal Operating Agreement (Sprague Resources LP), Terminal Operating Agreement (Sprague Resources LP)

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.

Appears in 1 contract

Sources: Terminal Operating Agreement (Sprague Resources LP)