Examples of Permitted Assignment in a sentence
In the event of a Permitted Assignment not to an Affiliate, the assigning party will provide written notice of the assignment within thirty (30) days following the Permitted Assignment.
The Authority agrees that upon any Permitted Assignment of this entire Agreement in accordance with Section 17.1(b)(i), StadCo shall be released from all obligations arising under this Agreement from and after the date of the Assignment, provided that (i) the assignee agrees to perform all of StadCo’s obligations under this Agreement, arising under this Agreement from and after the date of the assignment, and (ii) assignee is approved by the NFL.
This Option will be binding upon and inure only to the benefit of the parties to it and of any mutually-agreed successors and/or assigns, and of any permitted assigns pursuant to a Permitted Assignment (as hereinafter defined).
Except for a Permitted Assignment as provided in Section 16.6 (Permitted Assignment), Licensee shall reimburse the City on demand for any reasonable costs that the City incurs in connection with any proposed Assignment, including the costs of investigating the acceptability of the proposed Assignee and legal costs incurred in connection with considering any requested consent.
Other than a Permitted Assignment, Tenant will not assign its interest in the Option without the prior written consent of Landlord.