No Sale Clause Samples
The "No Sale" clause prohibits the sale or transfer of certain assets, rights, or interests specified in the agreement. In practice, this means that the party subject to the clause cannot sell, assign, or otherwise dispose of the covered items to third parties during the term of the contract. For example, a "No Sale" clause in a licensing agreement might prevent the licensee from selling the licensed technology to another company. The core function of this clause is to maintain control over the specified assets and prevent unauthorized transfers, thereby protecting the interests of the party imposing the restriction.
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No Sale. Except as permitted in the Credit Agreement, the Debtor will not assign, transfer, encumber or otherwise dispose of the Patents or Trademarks, or any interest therein, without the Secured Party’s prior written consent.
No Sale. The parties acknowledge and agree that: (i) all ------- Jutvision Equipment provided by Jutvision hereunder is licensed in accordance herewith and not sold; and (ii) as between Jutvision and TBI and its JSPs, subject only to the license grants expressly made herein, Jutvision is the sole owner of all right, title and interest in and to the Jutvision Equipment, including without limitation, all intellectual property and proprietary rights therein and thereto.
No Sale. Except as otherwise provided herein, Grantor will not sell, transfer, encumber, license, or otherwise dispose of any of the Trademarks, or any right, title, or interest therein (including, without limitation, pursuant to any agreement with respect thereto) without Lender’s prior written consent.
No Sale. Except as permitted in the Credit Agreement, Company will not assign, transfer, encumber or otherwise dispose of the Patents or Trademarks, or any interest therein, without ▇▇▇▇▇ Fargo’s prior written consent.
No Sale. The Owner will not sell or otherwise dispose of the Vessel, the Insurances, any other Mortgaged Property or any part thereof or interest therein, except as otherwise not prohibited by the Credit Agreement and any Senior Secured Note Indenture.
No Sale. The Borrower shall not sell, transfer, exchange or otherwise dispose of any portion of the Collateral (other than any Accounts which are not Eligible Accounts or otherwise excluded from the Borrowing Base) except as expressly permitted by the Operative Documents.
No Sale. (a) The Buyer must not sell or otherwise dispose of the Site to a transferee:
(i) until the expiry of the Display Period; or
(ii) prior to the expiry of the Display Period, without the Developer's prior written consent. The Developer may refuse that consent in its absolute discretion at any time prior to the expiry of the Display Home Period.
(b) If the Developer agrees to give its consent to a proposed transfer, the Developer shall be entitled to impose such conditions of consent as the Developer may deem necessary in order to ensure that the rights granted to the Developer under this deed are protected and the Display Home remains open during the Display Period. The Buyer acknowledges that the conditions imposed by the Developer will include requiring the Buyer to enter into the Resale Deed, the effect of which is that the Buyer and the transferee agree to be bound by the provisions of this deed, including this clause 16.
(c) The Resale Deed shall be prepared by the Development Manager's solicitor and the Buyer is responsible for the Development Manager's reasonable legal costs associated in preparing, negotiating and execution of the Resale Deed.
(d) Entry into the Resale Deed by the Development Manager does not relieve the Buyer of any of the obligations to comply with the requirements of this contract.
No Sale. Neither Purchaser nor Sub will sell, offer to sell or ------- otherwise dispose of the Shares in violation of the Securities Act of 1993, as amended.
No Sale. You acknowledge and agree that this copy of the Software Product and the SpeedTree Model Library has been licensed to You pursuant to the terms and conditions of this ▇▇▇▇ and that such copy of the Software Product and the SpeedTree Model Library has not been sold to You. In addition, You acknowledge that this copy of the Software Product and the SpeedTree Model Library is not subject to the “first sale” doctrine as that term is defined in United States Copyright laws.
No Sale. Notwithstanding any use of the terms “sale” or “purchase” herein, in the Agreement or in any Documentation, Customer acknowledges that Descartes solely licenses the Software to Customer and that there is no transfer of ownership to Customer of such Software or any underlying Intellectual Property Rights therein.