Purchaser’s Assignment. The obligations of the Purchaser under this Contract are personal in nature, and neither this Contract nor any rights, interests, or obligations of Purchaser under this Contract may be transferred or assigned without the prior written consent of Seller, except that Purchaser may assign its rights or obligations under this Agreement, without the prior written consent of Seller, to (i) any affiliate of Purchaser, or (ii) any third-party from which Purchaser has a contractual right to acquire the Lots pursuant to an option agreement or similar arrangement with such third-party, but Purchaser shall not be released from any obligations hereunder.
Purchaser’s Assignment. Purchaser shall not assign this Agreement or its rights hereunder to any individual or entity without the prior written consent of Seller, which consent Seller may grant or withhold in its sole discretion, and any such unpermitted assignment not consented to by Seller shall be null and void. Notwithstanding the foregoing, Purchaser may assign its rights under this Agreement to an affiliate or subsidiary of Purchaser without the consent of Seller; provided, however, that no such assignment will relieve Purchaser of its obligations hereunder.
Purchaser’s Assignment. In consideration of the mutual covenants and agreements herein contained and for other good and valuable consideration, the receipt and sufficiency of which each party hereby acknowledges, the parties hereto agree:
Purchaser’s Assignment. If applicable because of an Installment Note transaction structure, and the Purchaser enters into an Assignment pursuant to such installment note structure, that the execution, delivery and performance of such Assignment will have been duly authorized by all necessary action on the part of Purchaser, and upon execution and delivery the Assignment will constitute valid and binding obligations of Purchaser enforceable against Purchaser in accordance with its terms except as enforceability may be limited by bankruptcy, insolvency, and other similar laws affecting claims and rights generally or by general equitable principles.
Purchaser’s Assignment. In accordance with the requirements under Section 16.9 of the Purchase Agreement, Purchaser hereby provides to Seller a copy of, and Seller acknowledges receipt of, the Assignment and Assumption Agreement, a copy of which is attached hereto as Exhibit B.
Purchaser’s Assignment. This Agreement is personal to Purchaser. Purchaser shall not enter into any contract or agreement for the sale, 514 transfer or assignment of Purchaser's interest in the Property or this Agreement. Any attempted sale, transfer or assignment of such interest shall be null, 515 void and of no effect.
Purchaser’s Assignment. 35 15.8 Successors and Assigns . . . . . . . . . . . . . 35 15.9 Entire Agreement; Amendment. . . . . . . . . . . 35 15.10 Severability . . . . . . . . . . . . . . . . . . 36 15.11 Headings . . . . . . . . . . . . . . . . . . . . 36 15.12
Purchaser’s Assignment. Notwithstanding anything to the contrary contained herein, Purchaser may assign and transfer its rights and obligations related to or arising out of this Agreement to any corporation, partnership or other entity owned or controlled by, or under common control with Purchaser or any of its respective Affiliates. Notwithstanding the foregoing, no assignment by Purchaser hereunder and no transfer by Purchaser of its rights and obligations related to or arising out of this Agreement shall relieve Purchaser of its responsibilities and liabilities hereunder. Any other assignment or transfer shall be governed by the provisions of this Agreement, the Cable Ordinance and the Franchise.
Purchaser’s Assignment. The obligations of the Purchaser under this Contract are personal in nature, and neither this Contract nor any rights, interests, or obligations of Purchaser under this Contract may be transferred or assigned without the prior written consent of Seller, except that Purchaser may assign its rights or obligations under this Contract, without the prior written consent of Seller, to (i) any affiliate of Purchaser, (ii) any third-party from which Purchaser has a contractual right to acquire the Lots pursuant to an option agreement or similar arrangement with such third-party, and (iii) any entity that will act as a land bank for the benefit of Purchaser, pursuant to a written “land-banking” agreement that provides that such assignee will sell the subject Lots only to Purchaser or an affiliate of Purchaser, and further, that Purchaser shall not be released from any obligations hereunder.
Purchaser’s Assignment. The obligations of the Purchaser under this Contract are personal in nature, and neither this Contract nor any rights, interests, or obligations of Purchaser under this Contract may be transferred or assigned without the prior written consent of Seller, which consent shall not be unreasonably withheld, conditioned or delayed, except that Purchaser may assign its rights or obligations under this Contract, without the prior written consent of Seller to: (i) any affiliate of Purchaser for the sole purpose of constructing Homes on the Lots, (ii) Purchaser affiliate Forestar (USA) Real Estate Group Inc., pursuant to a written “land-banking” agreement, or (iii) with conditions, another third-party with which Purchaser has a contractual right to acquire the Lots pursuant to an option agreement or similar arrangement therewith; provided, however, that, Purchaser shall not, following such assignment, be released from any obligations hereunder. Purchaser’s right to assign its rights or obligations under this Contract pursuant to clause (ii) or (iii) above, shall be conditioned on such assignment being in a writing executed and ratified by Purchaser (and delivered to Seller) and shall provide that such assignee will sell the subject Lots to Purchaser or an affiliate of Purchaser (described in clause (i) above) or if Lots are sold to a third-party, any premium for such Lots in excess of the Purchase Price, shall be paid directly to Seller.
