Assignment Permissable Clause Samples
The "Assignment Permissible" clause defines whether and under what conditions a party to a contract may transfer its rights or obligations to another party. Typically, this clause outlines if assignments are allowed freely, require prior written consent, or are restricted altogether, and may specify exceptions such as assignments in connection with a merger or sale of business. Its core practical function is to provide clarity and control over who may assume contractual responsibilities or benefits, thereby protecting the interests of the original parties and preventing unwanted third-party involvement.
Assignment Permissable. MBA reserves the right to assign a portion of this Agreement to one or more sub-agents with respect to any Private Placement or Transaction, subject to the prior written consent of the Company. Any approved sub-agent shall be paid a portion of Success Fees as may be determined by MBA. The Company does acknowledge that MBA may pay other consultants or agents in connection with the Private Placement(s) and Transaction(s).
Assignment Permissable. MBS reserves the right to assign a portion of this Agreement to one or more sub-agents with respect to any Financing, subject to the prior written consent of the Company. Any approved sub-agent shall be paid a portion of Success Fees as may be determined by MBS. The Company does acknowledge that MBS may pay other consultants or agents in connection with the Financing(s).
Assignment Permissable. BSL reserves the right to assign a portion of this Agreement to one or more sub-agents with respect to any Financing or M&A Transaction, subject to applicable law and the prior written consent of the Company. Any approved sub-agent shall be paid a portion of Success Fees as may be determined by BSL and in accordance with applicable law. The Company does acknowledge that BSL may pay other consultants or agents in connection with the Financing(s) or M&A Transaction.
Assignment Permissable. IB reserves the right to assign a portion of this Agreement to one or more sub-agents with respect to any Placement, subject to the prior written consent of the Company, which may be withheld for any or no reason. Any approved sub-agent shall be paid directly any portion of the Financial and Operational Advisory Fee and Success Fees as agreed to by IB. The Company does acknowledge that IB may pay other consultants or agents in connection with the Placement(s).
Assignment Permissable. Scottsdale reserves the right to assign a portion of this Agreement to one or more sub-agents with respect to any Placement, subject to the prior written consent of the Company, which may be withheld for any or no reason. Any approved sub-agent shall be paid directly any portion of the Financial and Operational Advisory Fee and Success Fees as agreed to by Scottsdale. The Company does acknowledge that Scottsdale may pay other consultants or agents in connection with the Placement(s).
Assignment Permissable. D&C reserves the right to assign a portion of this Agreement to one or more sub-agents with respect to any Placement, subject to the prior written consent of the Company, which may be withheld for any or no reason. Any approved sub-agent shall be paid directly any portion of the Financial and Operational Advisory Fee and Success Fees as agreed to by D&C. The Company does acknowledge that D&C may pay other consultants or agents in connection with the Placement(s).