Assignment to Subsidiary. The Company may assign its obligations under this Agreement to one or more of its subsidiaries but such assignment will not relieve the Company of its obligations and liabilities hereunder.
Assignment to Subsidiary. Notwithstanding the foregoing provisions of subparagraph (a) hereof, Tenant may assign this Lease to a subsidiary of Tenant without Landlord's prior written consent or approval, if the Tenant provides Landlord with at least ten (10) days written notice of said assignment. In any event, Tenant shall remain liable for the full performance of each and every covenant and condition hereunder. c.
Assignment to Subsidiary. Pursuant to its right set forth in the last ------------------------ paragraph of Article I of the Purchase Agreement, the Buyer hereby assigns its rights under the Purchase Agreement to the Subsidiary, the Subsidiary hereby accepts such assignment, and Seller and the Shareholders hereby consent to such assignment.
Assignment to Subsidiary. Notwithstanding section 51, either party may, upon giving written notice to the other, assign this Agreement to a limited company of which he is the holder of all the issued and outstanding shares and, in such case, such assignee shall have and may exercise all the rights, and shall assume all the obligations of the assignor pursuant to the Agreement and any reference to the assignor in this Agreement shall be deemed to refer to such assignee.
Assignment to Subsidiary. Parent acknowledges and agrees that all Confidential Information (as defined in Section 6.1 below) and Proprietary Property is and shall remain the exclusive property of Subsidiary. Parent shall and hereby does assign, convey, and grant to Subsidiary, all of its right, title, and interest in and to any and all Proprietary Property. Parent agrees to promptly disclose to Subsidiary any and all Proprietary Property. Parent further agrees to cooperate fully in obtaining patent or other proprietary protection for such Proprietary Property, all in the name of Subsidiary and at Subsidiary’s cost and expense, and shall execute and deliver all requested applications, assignments and other documents and take such other measures as Subsidiary shall reasonably request in order to perfect and enforce Subsidiary’s rights in the Proprietary Property (including transfer of possession to Subsidiary of all Proprietary Property embodied in tangible materials), and hereby appoints Subsidiary’s attorney to execute and deliver any such documents on its behalf in the event Parent fails or refuses to do so.
Assignment to Subsidiary. Subject to the provisions of Section 5.1 above, Corning and the MSI Shareholders reserve the right to assign in whole or in part their respective rights and obligations hereunder to any Subsidiary. The exercise by such an assignor of such right to assign shall not alter such assignee's obligations hereunder. In
Assignment to Subsidiary. The first sentence of Section 2.1 of the Purchase Agreement is hereby amended by inserting the words “(or cause Subsidiary to purchase)” so that the sentence reads as follows: “On the terms and subject to the provisions of this Agreement, Seller agrees to sell, transfer and deliver to Subsidiary on the Closing Date, and Subsidiary agrees to purchase from Seller for the Purchase Price, all of the assets, properties, rights and interests of Seller of every kind and character and wherever located, except for the Excluded Assets (collectively, the “Acquired Assets”).” Immediately following the amended sentence stated above, the following additional sentence shall be inserted: “At the Closing, Seller shall assign to Subsidiary (i) the Eagan Lease, (ii) all of the Acquired Assets that are not Contracts, (iii) all Contracts which are part of the Acquired Assets where no consent by the other party or parties to the Contract is required for Closing, and (iv) all Contracts which are part of the Acquired Assets where consent to assignment to Subsidiary has been obtained.”
Assignment to Subsidiary. (ies). Notwithstanding the foregoing ----------------------------- provisions of this Article 10, Tenant shall have the right to assign this Lease to a subsidiary of Tenant, provided that the use of the Premises shall not be changed and that the Tenant shall not be released from its obligations under this Lease.
Assignment to Subsidiary. The Parties hereto acknowledge that Open Gold is proposing to incorporate a wholly owned subsidiary under the laws of the State of Nevada (the “Nevada Subsidiary”) prior to Closing, which would on Closing hold the interests in the Lease Claims and the Fee Land that are being assigned and acquired under this Agreement. The Parties agree that Open Gold may assign its rights to acquire the Property pursuant to this Agreement to the Nevada Subsidiary prior to Closing, provided the Nevada Subsidiary agrees to perform the Assumed Obligations in Section 2.6, and further in the event of such assignment to the Nevada Subsidiary, Open Gold hereby agrees to guarantee the performance of such obligations by the Nevada Subsidiary.
Assignment to Subsidiary. If necessary in the reasonable opinion of Seller's counsel in order to keep HTS from ceasing to exist as a limited partnership for purposes of the Delaware Revised Uniform Limited Partnership Act, Purchaser agrees to assign to one of its Subsidiaries either its right to purchase the HTS Acquired Assets hereunder or its right under the Asset Purchaser Agreement to purchase from Viacom the 65.702% general partnership interest in HTS so that the HTS Acquired Assets, on the one hand, and such 65.702% general partnership interest, on the other hand, are held immediately after the Closing by separate entities.
