Consent for Assignment Clause Samples

Consent for Assignment. A. The State’s (in accordance with the California Education Code) written consent shall be required before the Charter School may directly or indirectly, voluntarily or by operation of law, sell, assign, encumber, pledge or otherwise transfer or hypothecate all or any part of its interest in or rights with respect to the Facilities or permit all or any portion of the Facilities to be occupied by anyone other than itself or sublet all or any portion of the Facilities. Such consent shall not be unreasonably withheld. No sublease or assignment nor any consent by the State and the School District shall relieve the Charter School of any obligation to be performed under this Agreement or under the CSFP. B. The Charter School shall not be permitted to assign any of its rights or liabilities under this Agreement without the written consent of the State. A transfer of control shall be deemed to have occurred if there shall be any of the following: (i) a transfer of the ultimate beneficial ownership of fifty percent (50%) or more of the equity or other ownership interests in the Charter School or of any class of equity interests in the Charter School, including, without limitation, by the issuance of additional shares or other equity interests or other ownership interests in the Charter School, (ii) a transfer of the right to receive fifty percent (50%) or more of any category of distributions made by the Charter School, or (iii) a transfer of the right to direct the management, policies or operations of the Charter School, by contract or otherwise. C. Except as provided in Education Code Section 17078.62, in no event shall this Agreement be assigned or assignable by operation of law or by voluntary or involuntary bankruptcy proceedings or otherwise and in no event shall this Agreement or any rights or privileges hereunder be an asset of the Charter School under any bankruptcy, insolvency, reorganization or other debtor relief proceedings.

Consent for Assignment. Except as indicated in paragraph 2 below and in Schedule 1.01.D of the Asset Transfer Agreement, Motorola hereby consents to the assignment, conveyance, and transfer of the Assigned Contracts by Iridium to Iridium Operating, and acceptance and assumption of the Assigned Contracts by Iridium Operating, pursuant to the terms and conditions set forth herein and in the Asset Transfer Agreement. Except as indicated below, from and after the Closing (i) Iridium Operating shall render all performance and be bound by all obligations and duties of Iridium to Motorola under the Assigned Contracts, (ii) Iridium Operating shall have all of the rights of Iridium under the Assigned Contracts, (iii) Motorola agrees to accept Iridium Operating's substitution for Iridium under the Assigned Contracts and Iridium Operating's performance under the Assigned Contracts in lieu of Iridium's performance, regardless of whether the obligations or rights accrued prior to or after the Closing, and, (iv) Motorola agrees that Iridium Operating shall have all rights of Iridium with respect to Motorola's obligations, duties and performance under the Assigned Contracts.

Consent for Assignment. Without prejudice to the foregoing provisions of this clause 19 the Tenant shall not assign the whole of the Premises without the prior written consent of the Landlord and, save in relation to (i) the circumstances set out in clause 19.2 and (ii) the conditions mentioned in clause 19.3 and (iii) the conditions mentioned in clauses 19.3.2 and 19.4 (which shall have effect in accordance with Section 19 of the 1927 Act and with the 1995 Act), such consent shall not unreasonably be withheld or delayed provided that the parties hereby agree that in considering whether or not the Landlord is reasonably withholding such consent due and proper regard shall be had to the provisions and effect of the 1995 Act.

Consent for Assignment. Neither this Agreement nor any interest arising under it shall be assigned by NANOBAC or JSC without the express consent of, as to JSC, its Director, Space and Life Sciences (or such person's successor or designee), or, as to NANOBAC, its president or any vice president.

Consent for Assignment. (Clause 12.1) is/is not required for assignments by Party A; and is/is not required for assignments by Party B (Delete whichever is not applicable)

Consent for Assignment. A. The State’s and the School District’s (in accordance with the California Education Code) written consent shall be required before the Charter School may directly or indirectly, voluntarily or by operation of law, sell, assign, encumber, pledge or otherwise transfer or hypothecate all or any part of its interest in or rights with respect to the Facilities or permit all or any portion of the Facilities to be occupied by anyone other than itself or sublet all or any portion of the Facilities. Such consent shall not be unreasonably withheld. No sublease or assignment nor any consent by the State and the School District shall relieve the Charter School of any obligation to be performed under this Agreement or under the CSFP. B. The Charter School shall not be permitted to assign any of its rights or liabilities under this Agreement without the written consent of the State. A transfer of control shall be deemed to have occurred if there shall be any of the following: (i) a transfer of the ultimate beneficial ownership of fifty percent (50%) or more of the equity or other ownership interests in the Charter School or of any class of equity interests in the Charter School, including, without limitation, by the issuance of additional shares or other equity interests or other ownership interests in the Charter School,

Consent for Assignment. The Buyer shall not unreasonably withhold consent to the assignment of this agreement in connection with a sale, merger, or acquisition of the Seller, provided that the assignee meets the financial and operational qualifications specified in this agreement.