Common use of Transfer Prohibited Clause in Contracts

Transfer Prohibited. The right to use of the Service Mark xxx Trade Name granted hereunder shall not be assigned, sublicensed, or otherwise transferred without the prior written consent of Grantor. In the event of a prohibited transfer, Grantor shall have the right to terminate this Agreement forthwith by written notice to Grantee.

Appears in 2 contracts

Samples: Service Mark and Trade Name Use Agreement (Prison Realty Corp), Service Mark and Trade Name Use Agreement (Prison Realty Corp)

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Transfer Prohibited. The right to use of the Service Mark xxx Trade Name granted hereunder shall not be assigned, sublicensed, or otherwise transferred without the prior written consent of Grantor. In the event of a prohibited transfer, Grantor shall have the right to terminate this Agreement forthwith by written notice to Grantee.

Appears in 2 contracts

Samples: Name Use Agreement (Prison Realty Corp), Form of Service Mark and Trade Name Use Agreement (Prison Realty Corp)

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