No Assignment by Team Clause Samples

The "No Assignment by Team" clause prohibits the team from transferring or assigning its rights and obligations under the agreement to another party without prior consent. In practice, this means that the team cannot delegate its responsibilities or benefits to a third party, such as selling its interest in the contract or bringing in a substitute to perform its duties, unless the other party to the agreement explicitly agrees. This clause ensures that the original parties maintain control over who is involved in the contractual relationship, thereby preventing unwanted or unapproved changes in the parties responsible for fulfilling the agreement.
No Assignment by Team. Registration in the Competition is non-transferable. Team shall not assign, delegate or otherwise transfer such Registration or any of Team’s rights, interests, duties and/or responsibilities under this Agreement without prior signed, written approval from XPRIZE. Any attempted assignment, delegation or transfer in violation of this Section 6.7 shall be void.
View SourceView Similar (5)
No Assignment by Team. Registration in the Competition is non-transferable. Team shall not assign, delegate or otherwise transfer such Registration or any of Team’s rights, interests, duties and/or responsibilities under this Agreement without prior signed, written approval from Milken. Any attempted assignment, delegation or transfer in violation of this Section 6.5 shall be void.
View SourceView Similar (3)

Related to No Assignment by Team

  • No Assignment by Borrower The Borrower shall not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of each of the Lenders.

  • No Assignment by Executive Executive warrants and represents that no portion of any of the matters released herein, and no portion of any recovery or settlement to which Executive might be entitled, has been assigned or transferred to any other person, firm or corporation not a party to this Agreement, in any manner, including by way of subrogation or operation of law or otherwise. If any claim, action, demand or suit should be made or instituted against the Company or any other Releasee because of any actual assignment, subrogation or transfer by Executive, Executive agrees to indemnify and hold harmless the Company and all other Releasees against such claim, action, suit or demand, including necessary expenses of investigation, attorneys’ fees and costs. In the event of Executive’s death, this Agreement shall inure to the benefit of Executive and Executive’s executors, administrators, heirs, distributees, devisees, and legatees. None of Executive’s rights or obligations may be assigned or transferred by Executive, other than Executive’s rights to payments hereunder, which may be transferred only upon Executive’s death by will or operation of law.

  • Assignment by Owner 51 Section 12.11

  • No Assignment This Agreement may not be assigned by any Party hereto except with the prior written consent of the other Parties.

  • NO ASSIGNMENT WITHOUT PERMISSION Other than in connection with a sale of all or substantially all of its competitive electric supply business, Competitive Supplier shall not assign its rights and privileges under this Agreement without the prior written approval of the Municipality. Such approval may by denied at the reasonable discretion of the Municipality if it determines that the proposed assignee does not have at least the same financial ability, experience, and qualifications as the assigning Competitive Supplier. Notwithstanding the foregoing, the Municipality may not unreasonably withhold its consent to an assignment to an affiliated entity (i.e., an entity under common control or management with Competitive Supplier or Competitive Supplier’s corporate parent) that has the financial ability, qualifications, and experience to fulfill all obligations of Competitive Supplier under this Agreement, and which agrees, in writing to be bound by the terms and conditions of this Agreement. By making any assignment under this Article, Competitive Supplier shall be deemed to have represented and warranted to the Municipality that the assignee possesses such financial ability, qualifications, and experience. The Municipality may assign this Agreement without the prior consent of Competitive Supplier provided that the proposed assignee has at least the same creditworthiness as the Municipality and such assignment would not in any way impair the rights and interests of Competitive Supplier under this Agreement. The rights and obligations created by this Agreement shall inure to the benefit of, and be binding upon, the successors and permitted assigns of, the respective Parties hereto.