Common use of Proposed Assignment Clause in Contracts

Proposed Assignment. Prior to any proposed Assignment of this Agreement, LICENSEE shall give NINTENDO not less than [ * ] prior written Notice thereof, which Notice shall disclose the name of the proposed assignee, the proposed effective date of the Assignment and the nature and extent of the rights and obligations that LICENSEE proposes to assign. NINTENDO may, in its sole discretion, approve or disapprove such proposed Assignment. Unless written consent is given by NINTENDO to a proposed Assignment, any attempted or purported Assignment shall be deemed disapproved and NINTENDO shall have the unqualified right, in its sole discretion, to terminate this Agreement at any time. Upon termination, NINTENDO shall have no further obligation under this Agreement to LICENSEE or to LICENSEE’s intended or purported assignee.

Appears in 2 contracts

Samples: License Agreement (Midway Games Inc), License Agreement (Midway Games Inc)

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Proposed Assignment. Prior to any proposed Assignment of this Agreement, LICENSEE shall give NINTENDO not less than [ * ] thirty (30) days prior written Notice thereof, which Notice shall disclose the name of the proposed assignee, the proposed effective date of the proposed Assignment and the nature and extent of the rights and obligations that LICENSEE proposes to assign. NINTENDO may, in its sole discretion, approve or disapprove such proposed Assignment. Unless written consent is given by NINTENDO to a proposed Assignment, any attempted or purported Assignment shall be deemed disapproved and NINTENDO shall have the unqualified right, in its sole discretion, to terminate this Agreement at any time. Upon termination, NINTENDO shall have no further obligation under this Agreement to LICENSEE or to LICENSEE’s 's intended or purported assignee.

Appears in 2 contracts

Samples: Confidential First Renewal License Agreement (Driftwood Ventures, Inc.), Confidential License Agreement (Driftwood Ventures, Inc.)

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Proposed Assignment. Prior to any proposed Assignment of this Agreement, LICENSEE shall give NINTENDO not less than [ * ] NOA (****) prior written Notice thereof, which Notice shall disclose the name of the proposed assignee, the proposed effective date of the Assignment and the nature and extent of the rights and obligations that LICENSEE proposes to assign. NINTENDO NOA may, in its sole discretion, (****) approve or disapprove such proposed Assignment. Unless written consent is given by NINTENDO NOA to a proposed Assignment, any attempted or purported Assignment shall be deemed disapproved and NINTENDO NOA shall have the unqualified right, in its sole discretion, (****) to terminate this Agreement at any time. Upon termination, NINTENDO NOA shall have no further obligation under this Agreement to LICENSEE or to LICENSEE’s 's intended or purported assignee.

Appears in 1 contract

Samples: Confidential License Agreement (Atari Inc)

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