Sale and Assignment. The benefits granted by the City to the Company pursuant to this Agreement shall belong solely to the Company, and such benefits shall not be transferred, assigned, pledged or in any other manner hypothecated, except as provided in Section 13.1 of the Lease Agreement.
Appears in 3 contracts
Samples: Performance Agreement, Performance Agreement, Performance Agreement
Sale and Assignment. The benefits granted by the City to the Company pursuant to this Agreement shall belong solely to the Company, Company and such benefits shall not be transferredtransferred (other than to an affiliate of the Company), assigned, pledged or in any other manner hypothecated, except as provided in Section 13.1 hypothecated without the express written consent of the Lease AgreementCity; provided, nothing herein shall preclude the Company from assigning or pledging its interest in the Project so long as the Company continues to occupy the Project and otherwise remains responsible for its undertakings herein.
Appears in 1 contract
Samples: Tax Abatement Agreement (East Kansas Agri Energy LLC)
Sale and Assignment. The benefits granted by the City to the Company pursuant to this Agreement shall belong solely to the Company, and such benefits shall not be transferred, assigned, pledged or in any other manner hypothecated, except as provided in Section 13.1 of the Lease AgreementLease.
Appears in 1 contract
Samples: Performance Agreement
