Affiliate Assignment Sample Clauses

The Affiliate Assignment clause allows a party to transfer its rights and obligations under the agreement to one of its affiliated entities without requiring the other party’s consent. In practice, this means that if a company undergoes internal restructuring or wishes to have a subsidiary or parent company take over the contract, it can do so seamlessly, provided the assignee qualifies as an affiliate as defined in the agreement. This clause facilitates corporate flexibility and continuity by enabling internal assignments while typically restricting transfers to unrelated third parties.
Affiliate Assignment. Subject to the last sentence of Section 20.7 above, Schering may assign any of its rights or obligations under this Agreement in any country to any of its Affiliates; provided, however, that such assignment shall not relieve Schering of its responsibilities for performance of all of its obligations under this Agreement. Schering shall promptly inform DUSA of such assignment and the terms thereof. Any assignment under this Section must obligate the assignee to the terms and conditions of this Agreement.
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Affiliate Assignment. Provided that Sublessee has Sublessor’s consent to do so if required under the Sublease, Landlord shall not withhold Landlord’s consent to an assignment by Sublessee of Sublessee’s interest in the Sublease to any entity controlling, controlled by or under common control with Subtenant (a “Sublessee Affiliate”), provided, however, that (i) Landlord shall have the right to approve the form of any such assignment which approval shall not be unreasonably withheld or delayed, (ii) Sublessee shall not be released from any of its obligations under this Consent), and (iii) Sublessee and the Sublessee Affiliate shall be jointly and severally liable for all Sublessee’s obligations under the Sublease and this Consent.
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Affiliate Assignment. Company reserves the right, under its sole discretion, to (1) assign the Sites or Service to any of its Affiliates, including under any services agreement; and (2) change the Sucuri Party providing Service. For the purposes of this Agreement, “
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Affiliate Assignment. 15 10.8 Modification.......................................................................................15 10.9 Severability.......................................................................................15 10.10 Publicity..........................................................................................15 -ii- 3 TABLE OF CONTENTS
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Affiliate Assignment. Notwithstanding Section 15, an Affiliate Assignment shall not require the approval or consent of Lessor, SRPMIC or the Secretary. An “Affiliate Assignment” shall mean an assignment of all or any part of Lessee’s interest in this Lease to a Person directly or indirectly controlling, controlled by, or under common control with Lessee. Upon any Affiliate Assignment, Lessee shall deliver written notice to Lessor and SRPMIC identifying the assignee. E.
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Related to Affiliate Assignment

  • SUBLET/ASSIGNMENT The Lessee may not transfer or assign this Lease, or any right or interest hereunder or sublet said leased Premises or any part thereof without first obtaining the prior written consent and approval of the Lessor.

  • SUBLEASING AND ASSIGNMENT The Sublessee may not lease, sublease, or assign the Premises without the prior written consent of the Sublessor.

  • Shift Assignment Should the University elect to establish a shift on any other schedule than the regular day shift (Monday through Friday) or to assign employees to work on any such shift, the employee(s) with the most seniority in the classification affected or to be assigned on such shift shall have preference in moving to such shift. If an insufficient number of employees in the classification elect to move to such shift, then the employee(s) with the least seniority in the classification shall be assigned to such shift. If positions or shifts are reduced or eliminated or movement of personnel to other shifts is required, then the seniority of the affected employee will prevail in the selection of shift, provided the affected employee can do the required work. Such shift preference is only applicable within the employee's classification.

  • ASSIGNMENT/SUB-CONTRACTING The Contractor agrees that he will not sell, assign or transfer this Agreement or any part thereof or interest therein without the prior written consent of the Owner.

  • Sale and Assignment On the terms and conditions set forth herein, effective on and as of the Assignment Date, the Assignor hereby sells, assigns and transfers to the Assignee, and the Assignee hereby purchases and assumes from the Assignor, all of the right, title and interest of the Assignor in and to, and all of the obligations of the Assignor in respect of, the Assigned Interest. Such sale, assignment and transfer is without recourse and, except as expressly provided in this Agreement, without representation or warranty.