TRANSFERABILITY OF LEASE Sample Clauses

TRANSFERABILITY OF LEASE. LESSEE anticipates the future necessity to be able to sublease, assign, or transfer SAID PROPERTY for future development purposes, including, but not limited to, possible hotel/retail development. LESSEE may assign this lease
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TRANSFERABILITY OF LEASE. 6.1 Except as provided in Paragraphs 6.2 and 11.1, LESSEE shall not sublease, assign, or transfer its rights or obligations, in whole or in part, under this LEASE without the prior written permission of LESSOR, which permission shall not arbitrarily or unreasonably be withheld. Without limitation, it shall not be deemed arbitrary or unreasonable if LESSOR refuses permission to assign or transfer this LEASE at any time LESSEE is in default of any provision of this LEASE.
TRANSFERABILITY OF LEASE. Subject to the provisions of Article 10 below, LESSEE shall NOT sublease, assign, or transfer SAID PROPERTY (except for a lease of the gift shop within the casino, for which permission is hereby granted by LESSOR) without the prior written permission of the Secretary of State or his successor, which permission shall not arbitrarily or unreasonably be withheld.
TRANSFERABILITY OF LEASE. LESSEE shall NOT sublease, assign, or transfer SAID PROPERTY without the prior written permission of the Secretary of State or his successor, which permission shall not arbitrarily or unreasonably be withheld. This restriction shall not apply to any future assignment by LESSEE to a successor organization in a merger, consolidation or similar reorganization, nor shall it apply to an assignment or other transfer to an entity that controls, is controlled by or is under common control with LESSEE. LESSEE agrees to notify LESSOR of any such future assignment or transfer within thirty (30) days of same pursuant to MISS. CODE XXX. 29-1-107(2).
TRANSFERABILITY OF LEASE. LESSEE shall NOT sublease, assign, or transfer SAID PROPERTY without the written permission of the SECRETARY OF STATE or his successor, which permission shall not arbitrarily or unreasonably be withheld. This restriction shall not apply to any future assignment by LESSEE to an affiliate corporation or wholly owned subsidiary of LESSEE. LESSEE does agree to notify LESSOR of any future such transfer within thirty (30) days of same.
TRANSFERABILITY OF LEASE 

Related to TRANSFERABILITY OF LEASE

  • Transferability of Warrant Subject to Section 2(h) hereof, this Warrant may be transferred by a Holder, in whole or in part, without the consent of the Issuer. If transferred pursuant to this paragraph, this Warrant may be transferred on the books of the Issuer by the Holder hereof in person or by duly authorized attorney, upon surrender of this Warrant at the principal office of the Issuer, properly endorsed (by the Holder executing an assignment in the form attached hereto) and upon payment of any necessary transfer tax or other governmental charge imposed upon such transfer. This Warrant is exchangeable at the principal office of the Issuer for Warrants to purchase the same aggregate number of shares of Warrant Stock, each new Warrant to represent the right to purchase such number of shares of Warrant Stock as the Holder hereof shall designate at the time of such exchange. All Warrants issued on transfers or exchanges shall be dated the Original Issue Date and shall be identical with this Warrant except as to the number of shares of Warrant Stock issuable pursuant thereto.

  • Nontransferability of Agreement This Agreement and all rights under this Agreement shall not be transferable by you during your life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges in connection herewith shall not be transferred, assigned, pledged or hypothecated by you or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Units or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction.

  • Transferability of Option The Option shall not be transferable except by will or the laws of descent and distribution, and any attempt to do so shall void the Option.

  • Transferability of Registration Rights The registration rights set forth in this Agreement are transferable to each transferee of Registrable Securities. Each subsequent holder of Registrable Securities must consent in writing to be bound by the terms and conditions of this Agreement in order to acquire the rights granted pursuant to this Agreement.

  • Transferability of Options During the lifetime of an Optionee, only such Optionee (or, in the event of legal incapacity or incompetency, the Optionee’s guardian or legal representative) may exercise the Option. No Option shall be assignable or transferable by the Optionee to whom it is granted, other than by will or the laws of descent and distribution.

  • Transferability of the Warrant Subject to the provisions of this Warrant with respect to compliance with the Securities Act of 1933, as amended (the “Securities Act”) and limitations on assignments and transfers, including without limitation compliance with the restrictions on transfer set forth in Section 5, title to this Warrant may be transferred by endorsement (by the transferor and the transferee executing the assignment form attached as Exhibit B (the “Assignment Form”)) and delivery in the same manner as a negotiable instrument transferable by endorsement and delivery.

  • Transferability of Award The rights of the Grantee pursuant to this Agreement are not transferable by Grantee. No right or benefit hereunder shall in any manner be liable for or subject to any debts, contracts, liabilities, obligations or torts of Grantee or any permitted transferee thereof. Any purported assignment, alienation, pledge, attachment, sale, transfer or other encumbrance of the RSUs, prior to the lapse of restrictions, that does not satisfy the requirements hereunder shall be void and unenforceable against the Company.

  • Transferability This Warrant and all rights hereunder (including, without limitation, any registration rights) are transferable, in whole or in part, upon surrender of this Warrant at the principal office of the Company or its designated agent, together with a written assignment of this Warrant substantially in the form attached hereto duly executed by the Holder or its agent or attorney and funds sufficient to pay any transfer taxes payable upon the making of such transfer. Upon such surrender and, if required, such payment, the Company shall execute and deliver a new Warrant or Warrants in the name of the assignee or assignees, as applicable, and in the denomination or denominations specified in such instrument of assignment, and shall issue to the assignor a new Warrant evidencing the portion of this Warrant not so assigned, and this Warrant shall promptly be cancelled. Notwithstanding anything herein to the contrary, the Holder shall not be required to physically surrender this Warrant to the Company unless the Holder has assigned this Warrant in full, in which case, the Holder shall surrender this Warrant to the Company within three (3) Trading Days of the date on which the Holder delivers an assignment form to the Company assigning this Warrant in full. The Warrant, if properly assigned in accordance herewith, may be exercised by a new holder for the purchase of Warrant Shares without having a new Warrant issued.

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