Transferability of License Sample Clauses

Transferability of License. The License granted to the Owner by this Agreement may be transferred to a subsequent owner of Owner's Property; provided, however, that such subsequent owner shall be required to assume in writing all of Owner's obligations hereunder (in a form acceptable to Town) and such subsequent owner shall acquire nothing more than the personal privilege herein granted to Owner. Further, the rights of any subsequent owner shall be subject to termination in accordance with the provisions of Paragraph 9 of this Agreement.
Sample 1Sample 2
AutoNDA by SimpleDocs
Transferability of License. Correspondent may not transfer any License granted by Clearing Broker (or any licensor to Clearing Broker) without the prior written consent of Clearing Broker (or the relevant licensor, as applicable).
Sample 1Sample 2
Transferability of License. The rights granted by this Agreement to LICENSEE shall not be assigned, transferred or sold by LICENSEE without the prior written consent of LICENSOR (which consent shall not be unreasonably withheld or delayed), except that LICENSEE may, without obtaining the consent of LICENSOR, (i) grant sublicenses hereunder, and (ii) assign its rights hereunder to any Affiliate of LICENSEE or to the successor of LICENSEE's business or all or substantially all of its assets related to the licenses granted hereunder or capital stock (by purchase, merger, operation of law or otherwise), provided that such successor agrees to assume all of the obligations provided herein.
Sample 1Sample 2
Transferability of License. The License is personal to Purchaser. Purchaser shall not assign, sublicense or transfer the License or this Agreement without Avere’s prior written approval, except as expressly permitted in Section 15 of the Agreement.
Sample 1
Transferability of License. You may not transfer or sublicense the Product or the rights contained herein to use such Product to another party without the prior written consent of FMX. If You transfer or sublicense possession or the use of any copy, modification or merged portion of the Product or Documentation to another party or physical location without FMX's prior written consent, Your license and rights hereunder will automatically terminate, in addition to any other remedies available to FMX.
Sample 1
Transferability of License. This License Agreement and the rights and licenses granted hereunder shall inure to the benefit of and shall be binding upon the parties hereto and their respective permitted successors and assigns, including without limitation successor owners of the Project. Except as set forth specifically below, the rights and licenses granted hereunder may not be transferred or assignee without the prior written consent of Licensor. Provided that the assignee is also the assignee (whether by a general assignment or a collateral assignment) of all of the Assets (other than real property Assets sold in the ordinary course of business) and subject to the other terms and conditions of this License Agreement (including the obligation to pay the Fee (as defined in Section 7)):
Sample 1
Transferability of License. Reportal may assign this Agreement to any subsidiary or affiliate or entity owned or controlled by Reportal without regard to the jurisdiction of incorporation of said subsidiary, affiliate or entity, or pursuant to any merger, consolidation or other reorganization, without [subscriber]’s consent, upon written notice to [subscriber]. [subscriber] may assign this Agreement, upon prior written notice to Reportal. An assignee of either party, if authorized hereunder, shall be deemed to have all of the rights and obligations of the assigning party set forth in this Agreement. It is understood that no assignment shall release the assigning party from any of its obligations hereunder. Should [subscriber] assign this Agreement to another party, any rights it has in any licensed materials ceases immediately upon such assignment and transfers to the licensee.
Sample 1
AutoNDA by SimpleDocs
Transferability of License. This License shall not be transferable by Licensee, and any attempt by Licensee to transfer or convey its rights hereunder shall be null and void.
Sample 1
Transferability of License. The License granted to Licensee by this Agreement is a mere personal privilege granted by the City to Licensee, and is neither transferable nor assignable by Licensee without the City’s prior written consent.
Sample 1

Related to Transferability of License

  • Transferability of Option This Option is not assignable or transferable, in whole or in part, by the Optionee other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the Optionee or, in the event of his or her disability, by his or her guardian or legal representative.

  • 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.

  • Nontransferability of Option This option may not be sold, assigned, transferred, pledged or otherwise encumbered by the Participant, either voluntarily or by operation of law, except by will or the laws of descent and distribution, and, during the lifetime of the Participant, this option shall be exercisable only by the Participant.

  • 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.

  • Nontransferability of Options The Option and this Agreement shall not be assignable or transferable by Optionee other than by will or by the laws of descent and distribution. During Optionee's lifetime, the Option and all rights of Optionee under this Agreement may be exercised only by Optionee (or by his guardian or legal representative). If the Option is exercised after Optionee's death, the Committee may require evidence reasonably satisfactory to it of the appointment and qualification of Optionee's personal representatives and their authority and of the right of any heir or distributee to exercise the Option.

  • 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 THE OPTION The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7, may be exercised by the Optionee's legal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.

  • Nontransferability of the Award Prior to the issuance of shares of Stock on the applicable Settlement Date, neither this Award nor any Units subject to this Award shall be subject in any manner to anticipation, alienation, sale, exchange, transfer, assignment, pledge, encumbrance, or garnishment by creditors of the Participant or the Participant’s beneficiary, except transfer by will or by the laws of descent and distribution. All rights with respect to the Award shall be exercisable during the Participant’s lifetime only by the Participant or the Participant’s guardian or legal representative.

  • Non-Transferability of Option This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

  • Nontransferability of Award The Award may not be transferred by the Holder other than by will or the laws of descent and distribution or pursuant to the designation of one or more beneficiaries on the form prescribed by the Company. Except to the extent permitted by the foregoing sentence, the Award may not be sold, transferred, assigned, pledged, hypothecated, encumbered or otherwise disposed of (whether by operation of law or otherwise) or be subject to execution, attachment or similar process. Upon any attempt to so sell, transfer, assign, pledge, hypothecate, encumber or otherwise dispose of the Award, the Award and all rights hereunder shall immediately become null and void.

Time is Money Join Law Insider Premium to draft better contracts faster.