No Assignment; Insolvency Sample Clauses

No Assignment; Insolvency. You shall not assign this Agreement or any rights hereunder, and any purported assignment by You shall be void and grounds for termination of this License Agreement. The Agreement and the license granted hereunder shall immediately terminate without further notice or action by Xxxxxx if You become bankrupt or insolvent, make an arrangement with Your creditors, or go into liquidation.
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No Assignment; Insolvency. This XXXX and your rights hereunder are non-assignable and any purported assignment shall be void. The XXXX and any license granted hereunder shall terminate immediately, without further notice or action by MLC, if you become bankrupt or insolvent, or go into liquidation or receivership.
No Assignment; Insolvency. You may not assign this Agreement or any rights hereunder (whether by purchase of stock or assets, merger, change of control, operation of law, or otherwise) without Autodesk's prior written consent, which may be withheld in Autodesk's sole and absolute discretion, and any unauthorized purported assignment by you will be void. In the context of any bankruptcy or similar proceeding, this Agreement is and will be treated as an executory contract of the type described by Section 365(c)(1) of Title 11 of the United States Code and may not be assigned without Autodesk's prior written consent, which may be withheld in Autodesk's sole and absolute discretion. Any assignment (regardless of how or on what basis the assignment may occur) will be conditioned on compliance with the following: at least thirty (30) days before assigning or agreeing to any assignment of rights under this Agreement (including transferring any copies of or right to use the Substation Design Software), (a) you must provide written notice to Autodesk, uninstall all copies of the Substation Design Software, (b) the proposed assignee must agree to comply (and you must ensure that the assignee will comply) with all of the obligations of this Agreement with respect to such Substation Design Software, which agreement must provide that Autodesk is a third-party beneficiary of the assignee’s agreement, and the assignee must provide a copy of the agreement to Autodesk, and (c) you and proposed assignee must comply with all other transfer procedures specified by Autodesk.
No Assignment; Insolvency. Licensee may not assign this Agreement or any rights hereunder (whether by purchase of stock or assets, merger, change of control, operation of law, or otherwise) without Autodesk's prior written consent, which may be withheld in Autodesk's sole and absolute discretion, and any purported assignment by Licensee will be void. In the context of any bankruptcy or similar proceeding, this Agreement is and will be treated as an executory contract of the type described by Section 365(c)(1) of Title 11 of the United States Code and may not be assigned without Autodesk's prior written consent, which may be withheld in Autodesk's sole and absolute discretion. Autodesk may assign or otherwise transfer its rights and obligations to successors-in-interest (whether by purchase of stock or assets, merger, operation of law, or otherwise) of that portion of its business related to the subject matter hereof. Subject to the restrictions set forth in this Section, all of the terms and conditions of this Agreement shall be binding upon, inure to the benefit of, and be enforceable by the respective successors and permitted assigns of the parties hereto.
No Assignment; Insolvency. This XXXX and Your rights hereunder are non-assignable and any purported assignment shall be void. The XXXX and any license granted hereunder shall terminate immediately, without further notice or action by Micro Logic Corp., if You become bankrupt or insolvent, or go into liquidation or receivership.

Related to No Assignment; Insolvency

  • 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 Town. Such approval may by denied at the reasonable discretion of the Town 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 Town may not unreasonably withhold its consent to an assignment to an affiliated 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 Town that the assignee possesses such financial ability, qualifications, and experience. The Town may assign this Agreement without the prior consent of Competitive Supplier provided that the proposed assignee has at least the same creditworthiness as the Town 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.

  • No Assignment or Delegation No party may assign any right or delegate any obligation hereunder, including by merger, consolidation, operation of law, or otherwise, without the written consent of the other party. Any purported assignment or delegation without such consent shall be void, in addition to constituting a material breach of this Agreement.

  • NO ASSIGNMENT / NOMINATION 17.1 The Purchaser shall not without the written consent of the Bank, be entitled to nominate a third party to be the purchaser or assignee of the Property nor shall the Purchaser be entitled to assign his rights, title, interest and benefits under the Contract of Sale to any party.

  • Antitrust and Assignment of Claims PSP represents and warrants that neither PSP nor any firm, corporation, partnership, or institution represented by PSP, or anyone acting for such firm, corporation or institution has (i) violated the antitrust laws of the State of Texas under Tex. Bus. & Com. Code, Chapter 15, or the federal antitrust laws; or (ii) communicated directly or indirectly the proposal to any competitor or any other person engaged in such line of business during the procurement process for this Agreement. PSP assigns to the State of Texas all of PSP’s rights, title, and interest in and to all claims and causes of action PSP may have under the antitrust laws of Texas or the United States for overcharges associated with the Agreement.

  • No Assignment or Sublease The TENANT may not sublease the PREMISES or assign this Lease without the LANDLORD's prior written consent.

  • Assignment of Rights and Obligations (a) Without Owners’ prior written consent, Managing Agent shall not sell, transfer, assign or otherwise dispose of or mortgage, hypothecate or otherwise encumber or permit or suffer any encumbrance of all or any part of its rights and obligations hereunder, and any transfer, encumbrance or other disposition of an interest herein made or attempted in violation of this paragraph shall be void and ineffective, and shall not be binding upon Owners. Notwithstanding the foregoing, Managing Agent may assign its rights and delegate its obligations under this Agreement to any subsidiary of Parent so long as such subsidiary is then and remains Controlled by Parent.

  • No Assignment without Consent This Charter shall not be assigned by either party without mutual written consent.

  • No Assignments The rights and obligations under this Agreement shall not be assignable.

  • No Assignment or Sublicense The Engineer may not assign or sublicense the rights granted by this article without the prior written consent of the State.

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