Common use of Assignment; Succession Clause in Contracts

Assignment; Succession. 19.1 Except as provided in this Article, IRU Grantee shall not assign this Agreement to any other party without the prior written consent of McLeodUSA, provided, however, that without such consent, IRU Grantee shall have the right to assign, sublet or otherwise transfer this Agreement, in whole or in part, to any parent, subsidiary or affiliate of IRU Grantee or to any person, firm or corporation which shall control, be under the control of or be under common control with IRU Grantee, or any corporation or entity into which IRU Grantee, or a subsidiary of IRU Grantee, may be merged or consolidated or which purchases all or substantially all of the assets of IRU Grantee, or a subsidiary of IRU Grantee.

Appears in 4 contracts

Samples: Iru Agreement, Right of Use Agreement, Iru Agreement (Norlight Telecommunications, Inc.)

AutoNDA by SimpleDocs

Assignment; Succession. 19.1 23.1 Except as provided in this Article, the IRU Grantee shall not assign this Agreement to any other party without the prior written consent of McLeodUSAthe Owner, provided, however, that without such consent, the IRU Grantee shall have the right to assign, sublet or otherwise transfer this Agreement, in whole or in part, to any parent, subsidiary or affiliate of the IRU Grantee or to any person, firm or corporation which shall control, be under the control of or be under common control with the IRU Grantee, or any corporation or entity into which the IRU Grantee, Grantee or a subsidiary of the IRU Grantee, may be merged or consolidated or which purchases all or substantially all of the assets of the IRU Grantee, Grantee or a subsidiary of the IRU Grantee.

Appears in 2 contracts

Samples: Confidential Treatment (Norlight Telecommunications, Inc.), Fiber Optic Exchange Agreement and Grant of Iru (Norlight Telecommunications, Inc.)

Assignment; Succession. 19.1 23.1 Except as provided in this Article, IRU Grantee shall not assign this Agreement to any other party without the prior written consent of McLeodUSAOwner, provided, however, that without such consent, IRU Grantee shall have the right to assign, sublet or otherwise transfer this Agreement, in whole or in part, to any parent, subsidiary or affiliate of IRU Grantee or to any person, firm or corporation which shall control, be under the control of or be under common control with IRU Grantee, or any corporation or entity into which IRU Grantee, or a subsidiary of IRU Grantee, may be merged or consolidated or which purchases all or substantially all of the assets of IRU Grantee, or a subsidiary of IRU Grantee.

Appears in 2 contracts

Samples: Fiber Optic Joint Construction and Exchange Agreement (Norlight Telecommunications, Inc.), Confidential Treatment (Norlight Telecommunications, Inc.)

AutoNDA by SimpleDocs

Assignment; Succession. 19.1 Except as provided in this Article, IRU Grantee shall not assign this Agreement to any other party without the prior written consent of McLeodUSAXxXxxxXXX, provided, however, that without such consent, IRU Grantee shall have the right to assign, sublet or otherwise transfer this Agreement, in whole or in part, to any parent, subsidiary or affiliate of IRU Grantee or to any person, firm or corporation which shall control, be under the control of or be under common control with IRU Grantee, or any corporation or entity into which IRU Grantee, or a subsidiary of IRU Grantee, may be merged or consolidated or which purchases all or substantially all of the assets of IRU Grantee, or a subsidiary of IRU Grantee.

Appears in 1 contract

Samples: Iru Agreement

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