Right of Assignment Clause Samples

Right of Assignment. The Lessee will not assign, transfer, pledge, hypothecate, surrender or dispose of this lease, or any interest herein, sublet, or permit any other person or persons whomsoever to occupy the Premises without the written consent of the Lessor being first obtained in writing; this lease is personal to Lessee; Lessee’s interests, in whole or in part, cannot be sold, assigned, transferred, seized or taken by operation at law, or under or by virtue of any execution or legal process, attachment or proceedings instituted against the Lessee, or under or by virtue of any bankruptcy or insolvency proceedings had in regard to the Lessee, or in any other manner, except as above mentioned. Notwithstanding any provision in this Lease, Lessee may, without Lessor consent, execute and deliver one or more leasehold mortgages (or leasehold trust deeds) to any lender to Lessee with respect hereto.

Right of Assignment. Neither this Agreement nor any interest herein may be assigned or transferred by Purchaser to any person, firm, corporation or other entity without the prior written consent of Seller, which consent may be given or withheld in the sole discretion of Seller.

Right of Assignment. The Tenant/Buyer shall have the unqualified right to sublet the property, and/or to assign, sell, transfer, pledge or otherwise convey any or all rights or interests which the Tenant/Buyer may have in the property or in this Lease/Option Agreement. Any such assignment will release original Tenant/Buyer from liability and substitute assignee in his/her or its place.

Right of Assignment. No consent shall be required pursuant to Clause 17.1 in the case of an assignment by a Party to an Affiliate provided that: (a) the Affiliate is technically capable of performing the Party’s obligations under this Agreement; and (b) the assigning Party shall not be relieved of any obligations that such Affiliate fails to perform.

Right of Assignment. 11.3 Notices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11.4

Right of Assignment. The ▇▇▇▇ has the right to assign and approve each part-time faculty member’s workload and particular assignment(s) each semester (see Article XV, Section VII).

Right of Assignment. The Appointing Authority shall have the right and responsibility to assign and reassign unit employees in accordance with departmental needs.

Right of Assignment. The contract is for space and the University reserves the right to make room assignments, temporary assignments, triple assignments, consolidate vacancies by requiring residents to move, and reassignments. Students also agree to submit to binding arbitration as an objective means of resolving extreme roommate conflicts, with one possible outcome being the relocation of any and all roommates. Assignment to housing space is made without regard to race, creed, color, religion, or sexual orientation. Housing of new residents is made on a random basis. Assigned rooms may not be sublet. Students may change rooms only after first receiving authorization from the Housing Office.

Right of Assignment. Neither of the Parties hereto shall assign and/or nominate and/or novate this CONTRACT to any other individual, firm, company or corporation unless prior written consent of the other party is given in writing, which shall not be unreasonably withheld. Notwithstanding any provision to the contrary, the BUYER may on or before the time of delivery of the VESSEL, assign its right (excluding the right of demand for repayment under this CONTRACT) and benefit under this CONTRACT to the BUYER’s financing bank which provides financing or syndicate of banks or financial institution or any commercial corporation assisting in the financing of the VESSEL, but whatsoever the BUYER shall continue to perform all its obligations under the CONTRACT including but not limited to the obligations of the drawing and plans approval, supervision of the VESSEL, etc. and the SELLER agrees to acknowledge notice of such assignment in a form acceptable to the BUYER’s financing partner. In case an assignment of rights and benefits under this CONTRACT is made by the BUYER, the BUYER shall send the SELLER a notice of assignment in a form acceptable to the Parties and the SELLER shall acknowledge such notice of assignment in a form acceptable to the Parties. The SELLER shall not, by virtue of that assignment, have any additional obligations and/or risks other than those existing prior to the date when such assignment becomes effective. The SELLER shall assist the BUYER to procure an acknowledgement from the Refund Guarantor for any assignment of rights and benefits under the Refund Guarantee by the BUYER. Notwithstanding any assignment of the CONTRACT and/or of the Refund Guarantee to the assignee, any demand for repayment under the CONTRACT and/or the Refund Guarantee shall be made in the name of the BUYER. The BUYER shall have the right to nominate another entity as buyer under this CONTRACT, in which case, the Parties shall enter into a nomination agreement in the form acceptable to the Parties in order to transfer or novate this CONTRACT to such entity always provided that such entity is one hundred percent (100%) owned and belongs to the BUYER’s group of companies and the Corporate Guarantee defined in Article II.6 of this CONTRACT shall continue to be valid and in force. It is understood that any documented expenses or legal charges duly incurred by and/or attributable to any assignment or transfer of this CONTRACT and/or the Refund Guarantee requested by the BUYER shall be for the B...