Prohibition Against Assignments. Consultant shall not assign, sublease, hypothecate, or transfer this Agreement or any interest therein directly or indirectly, by operation of law or otherwise without prior written consent of AHA. Any attempt to do so without said consent shall be null and void, and any assignee, sub lessee, hypothecate or transferee shall acquire no right or interest by reason of such attempted assignment, hypothecation or transfer. However, claims for money by Consultant from AHA under this Agreement may be assigned to a bank, trust company or other financial institution without prior written consent, but written notice of such assignment shall be promptly furnished to AHA by Consultant. The sale, assignment, transfer or other disposition of any of the issued and outstanding capital stock of Consultant, or of the interest of any general partner or joint venturer or syndicate member or cotenant if Consultant is a partnership or joint venture or syndicate or co tenancy, which shall result in changing the control of Consultant, shall be construed as an assignment of this Agreement. Control means fifty percent (50%) or more of the voting power of the corporation.
Prohibition Against Assignments. Except as expressly provided in this MOU, no party may assign its interest in this MOU.
Prohibition Against Assignments. During your lifetime, the Option may be exercised only by you, or by your guardian or legal representative, if you become unable to act. After your death, the Option may be exercised by the executor of your estate or your other personal representative, or by the persons to whom the right to exercise the Option has passed under your will or through the laws of descent and distribution. The Option may not be assigned, pledged or hypothecated in any way, may not be subject to execution by a creditor or any other person and may not be transferred other than by will or the laws of descent and distribution. Any attempted assignment, transfer, pledge, hypothecation or other disposition of the Option which is not specifically permitted by the Plan will be void.
Prohibition Against Assignments. This Agreement cannot be assigned. Notwithstanding the foregoing, and provided the Licensee has sought and obtained Licensor's prior written approval, the Licensee may grant sub-licences to third parties, but the Licensee shall remain liable for the execution of its obligations, jointly or independently with its own sub-distributors/sub-licensees.
Prohibition Against Assignments. Neither the whole nor any interest in, 6 nor any of the rights or privileges granted under this Agreement shall be assignable or transferable 7 or encumbered in any way without the prior written consent of the City. Any such purported 8 assignment, transfer, encumbrance, pledge, subuse, or permission given without such consent shall 9 be void as to the City. This is a personal services contract and the Contractor was chosen on the 10 basis of characteristics unique to the Contractor. The City shall have the right to unreasonably or
Prohibition Against Assignments. Contractor shall not assign, sublease, hypothecate, or transfer this Agreement or any interest therein directly or indirectly, by operation of law or otherwise without prior written consent of AHA. Any attempt to do so without said consent shall be null and void, and any assignee, sub lessee, hypothecate or transferee shall acquire no right or interest by reason of such attempted assignment, hypothecation, or transfer. However, claims for money by Contractor from AHA under this Agreement may be assigned to a bank, trust company or other financial institution without prior written consent, but written notice of such assignment shall be promptly furnished to AHA by Contractor.
Prohibition Against Assignments. Both the Township and the Interim Redeveloper agree that no rights under this Agreement shall be assigned or transferred to any third party, except that Interim Redeveloper may assign its rights under this Agreement to another Urban Renewal Entity in which Interim Redeveloper has an interest, without consent of the Township. Any proposed assignment to an entity in which Interim Redeveloper does not own a majority control or interest shall require Township approval, which shall not be unreasonably withheld, upon submission by the Interim Redeveloper of credible evidence that the assignee has sufficient experience, qualifications and capitalization to complete the Demolition Project and any subsequent redevelopment projects proposed for the Redevelopment Area.
Prohibition Against Assignments. During your lifetime, the Option may be exercised only by you, or by your guardian or legal representative if you become unable to act. After your death, the Option may be exercised by the executor of your estate or personal representative, or by the persons to whom the right to exercise the Option has passed by will or through the laws of descent and distribution. The Option may not be assigned, pledged or hypothecated in any way, may not be subject to execution by a creditor or any other person and may not be transferred other than by will or the laws of descent and distribution. Any attempted assignment, transfer, pledge, hypothecation or other disposition of the Option which is not specifically permitted by the Plan will be void. Notwithstanding the foregoing, the Option may be transferred to members of your immediate family, to trusts solely for the benefit of your immediate family members and to partnerships in which such family members and/or trusts are the only partners. For this purpose, immediate family means your spouse, parents, children, stepchildren and grandchildren and the spouses of such parents, children, stepchildren and grandchildren.
Prohibition Against Assignments. The Subcontractor shall not assign this Agreement nor assign or transfer any interest or obligation in this Agreement (whether by assignment or notation) without prior written consent of the Lead Agency.
