Common use of ASSIGN ABILITY Clause in Contracts

ASSIGN ABILITY. Licensee covenants and agrees that this License Agreement creates or embodies rights, benefits, duties and obligations that are purely personal in nature, and that neither this License Agreement, nor any of the rights, benefits, duties or burdens hereby created or herein referenced may be assigned by Licensee without the specific written consent of FMA. Any attempted assignment of this License Agreement or any of the rights, benefits, duties or obligations created hereby or referenced herein shall be absolutely null and void or at the option of FMA, shall constitute an immediate termination of this License Agreement and all further rights, benefits, duties and obligations hereunder; provided, however, that all payments becoming due and payable from Licensee to FMA with regard to Licensee’s use and occupation hereunder prior to any such termination, shall remain due and payable after any such termination.