Permitted Assignee. A "Permitted Assignee" shall mean, with respect to each Investor, any Affiliate of such Investor and any member, general partner or limited partner of such Investor (or any Person holding an equity interest in any such member, general partner or limited partner); provided, that in each instance, any such transferee agrees to be bound by the provisions of this Agreement in accordance with the terms of Section 11.3 hereof.
Permitted Assignee. Each Buyer, and any Person that controls, directly or indirectly, such Buyer, satisfies all requirements set forth in each of the Management Agreements and Franchise Agreements for such Buyer to become a party to each such Management Agreement and Franchise Agreement (or to enter into a new Franchise Agreement with each Franchisor). Each Buyer has received all required “Franchise Disclosure Documents” in respect of each of the Franchise Agreements.
Permitted Assignee. Notwithstanding anything contained herein to the contrary, at any time and from time to time during the Term, Tenant may without Landlord's consent assign this Lease or sublet any portion or all of the Premises for all or any portion of the Term to any Permitted Assignee (as hereinafter defined), so long as on the effective date of such assignment or subletting no Default then exists or no event which, with notice or passage of time or both, would constitute a Default then exists. In connection with an assignment or subletting to a Permitted Assignee, Tenant shall not be obligated to pay to Landlord any portion of the sublease profit described in Paragraph C of this Article 24 derived by Tenant from such assignment or subletting (if any). For purposes of this Lease, "Permitted Assignee" shall mean Tenant's parent corporation, any subsidiary, any Affiliate (as hereinafter defined), or any Successor (as hereinafter defined) of Tenant or any Affiliate or Successor of any subsidiary, Affiliate or Successor of Tenant. For purposes of this Lease, an "Affiliate" shall mean any corporation or any subsidiary of or Successor to Tenant or Tenant's parent corporation or any subsidiary of or Successor to Tenant's parent corporation has a direct or indirect ownership interest equal to or greater than fifty percent. For purposes of this Lease, a "Successor" shall mean any party succeeding to all or substantially all of the business or assets of Tenant or any party resulting from a merger or consolidation with Tenant.
Permitted Assignee any entity other than the following entities: E.I Dupont de Nemours and Company, Dow Chemicals Company, Aventis CropScience S.A., Advanta Seeds BV, Société Coopérative Agricole Limagrain, Syngenta AG, Delta & Pineland Company, BASF AG, Bayer AG and KWS Kleinwanzlebener Saatzucht AG, and any entity that acquires (i) all or substantially all of one of the foregoing entities or (ii) a division having revenues or net assets of at least $20 million dollars or at least 200 employees within any of the previously named entities that develops, produces, markets, and sells, plant protection products, seed and other plant propagation products, or other technologies that are useful for the production or modification of Monsanto Crops.
Permitted Assignee. Section 9.6 Person........................................................... Section 9.1
Permitted Assignee. For purposes of this Article XV, the term “Permitted Assignee” shall mean (a) a corporation in which Buyer owns or controls at least 51% of the stock entitled to vote for directors, (b) a general partnership in which Buyer is a general partner owning at least 51% of the total partnership interests therein, (c) a limited partnership in which Buyer is the sole general partner owning at least 51% of the total partnership interests therein, or (d) a limited liability company in which Buyer is the managing or sole member owning at least 51% of the total membership interests therein. Notwithstanding anything to the contrary contained herein, Buyer shall not have the right to assign this Agreement to any assignee which, in the reasonable judgment of Seller, will (i) cause the transaction contemplated hereby or any party thereto to violate the requirements of ERISA or any other law, or (ii) re-start or delay the process of obtaining the Financing Consents. In order to enable Seller to make such determination, Buyer shall notify Seller in writing and cause to be delivered to Seller prior to any such assignment such information as is requested by Seller with respect to a proposed assignee and the constituent persons or entities of any proposed assignee, including specifically, without limitation, any pension or profit sharing plans related thereto.