Assignment and Other Rights. The Company will require any successor (whether direct or indirect, by operation of law, by purchase, merger, consolidation or otherwise to all or substantially all of the business and/or assets of the Company) to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. Failure of the Company to obtain such assumption and agreement prior to the effectiveness of any such succession shall be a breach of this Agreement and shall entitle Executive to compensation from the Company in the same amount and on the same terms as the Executive would be entitled hereunder, except that for purposes of implementing the foregoing, the date on which any such succession becomes effective shall be the Date of Termination. As used in this Agreement, “Company” shall mean the Company as defined above and any successor to its business and/or assets that assumes and agrees to perform this Agreement by operation of law, or otherwise.
Assignment and Other Rights. The Company will require any successor (whether direct or indirect, by operation of law, by purchase, merger, consolidation or otherwise to all or substantially all of the business and/or assets of the Company) to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. Failure of the Company to obtain such assumption and agreement prior to the effectiveness of any such succession shall be a breach of this Agreement and shall entitle Executive to compensation from the Company in the same
Assignment and Other Rights. Neither Party may assign any of its rights or obligations hereunder, whether by operation of law or otherwise, without the prior written consent of the other Party, which consent shall not be unreasonably withheld. Notwithstanding the foregoing, Board:
Assignment and Other Rights. 10 13. Waiver............................................................... 10 14. Notice............................................................... 10 15.
Assignment and Other Rights. Consultant shall and hereby does assign to Scilex the entirety of Consultant’s rights to any Intellectual Property that Consultant conceives in performing the Agreement, and Consultant will have no remaining rights to such Intellectual Property. Scilex will have the right to prosecute, maintain, and enforce, at its expense, any patents and patent applications relating to such Intellectual Property, and will have all rights to damages or other recovery for infringement of any such patents, without any obligation to Consultant. Consultant shall promptly execute any documents that Xxxxxx reasonably requests in connection with such prosecution, maintenance, and enforcement.
Assignment and Other Rights. (a) In consideration of the issuance of the Policy by FSA, in the case of any payment made by or on behalf of FSA under the Policy, in addition to and not by way of limitation of any of the rights and remedies of FSA hereunder, under the Policy, each of the Trust, the Company and the Depositor hereby acknowledges and consents to the assignment by the Indenture Trustee, on behalf of the Noteholders, to FSA in accordance with the terms of the relevant notice and certificate (in the case of any payment made by or on behalf of FSA under the Policy) the rights of the Noteholders with respect to the Securities to the extent of any such payment under the Policy.
Assignment and Other Rights. (a) In consideration of the issuance of the Policy by the Certificate Insurer, in the case of any payment made by or on behalf of the Certificate Insurer under the Policy, in addition to and not by way of limitation of any of the rights and remedies of the Certificate Insurer hereunder, under the Policy or under the P&S Agreement with respect to such payment, each of the Depositor, the Sellers and the Servicer hereby acknowledges and consents to the assignment by the Trustee, on behalf of the Class M Certificateholders, to the Certificate Insurer in accordance with the terms of the relevant notice and certificate (in the case of any payment made by or on behalf of the Certificate Insurer under the Policy) the rights of the Class M Certificateholders with respect to the Class M Certificates to the extent of any such payment made on the Class M Certificates under the Policy.
