Prohibited Assignment. The Employee shall have no right to exchange, convert, encumber or dispose of the rights to receive the benefits or payments under this Agreement, which payments, benefits and rights thereto are expressly declared to be non-assignable and non-transferable.
Prohibited Assignment. Licensee makes an assignment for the benefit of its creditors, admits in writing its inability to pay its debts as they become due, commences or is the subject of any proceeding under law relating to any bankruptcy, arrangement, insolvency, or readjustments of its debt, which proceeding is not dismissed within sixty (60) days after commencement; and/or
Prohibited Assignment. If Borrower attempts to delegate its obligations or assign its rights under this Agreement or any of the other Loan Documents, or any interest herein or therein.
Prohibited Assignment. Licensee enters into an Assignment in violation of Article 16 (Assignment).
Prohibited Assignment. Unless in each of the following instances the General Partners shall give their express written consent, no Units may be assigned or otherwise transferred:
Prohibited Assignment. Instructor attempts to make, or makes, an assignment for the benefit of its creditors, admits in writing to its inability to pay its debts as they come due, commences or is the subject of any proceeding under law relating to bankruptcy, insolvency, or readjustments of its debt, which proceeding is not dismissed within sixty (60) days after commencement;
Prohibited Assignment. If any Borrower attempts to assign its respective rights under this Agreement or under any other Loan Document or any interest herein or therein in contravention of this Agreement or any of the Loan Documents;
Prohibited Assignment. No Limited Partner Interests may be Assigned or otherwise transferred:
Prohibited Assignment. Licensee enters into an Assignment in violation of Article 16 (Assignment) if the failure continues for 30 days after written notice from City to Licensee of such failure.
Prohibited Assignment. 85 6.1.23 Holdings Agreement...............................................................................85 6.2 Rights upon Event of Default..............................................................................85 6.3 Waiver of Stay, Extension and Moratorium Laws, Appraisal and Valuation, Redemption and Marshalling........86 6.4
