Examples of Permitted Assignees in a sentence
Each Holder and its Affiliates and their Permitted Assignees shall collectively have that number of demand registration rights pursuant to Section 2.01(b) that such Member has individually pursuant to Section 2.01(b).
Permitted Assignees shall mean the following: (i) any affiliate of DEVELOPER; (ii) any lender or investor that provides financing for the Project; or (iii) an entity with a net worth of not less than five million dollars ($5,000,000.00).
No assignment shall relieve Buyer of its obligations hereunder, excluding assignments to Permitted Assignees, which, when made, shall cause Buyer to be released from its obligations accruing under this Agreement subsequent to such assignment.
Except for Permitted Assignees (defined below), DEVELOPER shall not assign or transfer its rights or delegate its duties under this Agreement, whether voluntarily, by operation of law or otherwise, without first obtaining the written consent of COUNTY, which consent shall not be unreasonably withheld, conditioned or delayed; and any attempt to assign or transfer this Agreement without such consent shall be void.
Landlord acknowledges and agrees that this Section 12.6 shall not be applicable with respect to assignments to Permitted Assignees.