Common use of No Assignment by LICENSEE Clause in Contracts

No Assignment by LICENSEE. This Agreement and the subject matter hereof are effective without NOA’s prior written consent, [***]. In the event of an attempted Assignment in violation of this provision, NOA shall have the right at any time, at its sole option, to immediately terminate this Agreement. Upon such termination, NOA shall have no further obligation under this Agreement to LICENSEE or to LICENSEE’s intended or purported assignee.

No Assignment by LICENSEE. This Agreement and the subject matter hereof are effective without NOA’s prior written consent, [***]which consent may be withheld by NOA for any reason whatsoever in its sole discretion. In the event of an attempted Assignment in violation of this provision, NOA shall have the right at any time, at its sole option, to immediately terminate this Agreement. Upon such termination, NOA shall have no further obligation under this Agreement to LICENSEE or to LICENSEE’s ’S intended or purported assignee.