Common use of Assignment and Resale Clause in Contracts

Assignment and Resale. Neither party may assign this Agreement, in whole or in part, without the prior written consent of the other. Any attempt to assign without consent is void. The assignment of this Agreement, in whole or in part, within the Enterprise of which either party is a part or to a successor organization by merger or acquisition does not require the consent of the other. IBM is also permitted to assign its rights to payments without obtaining Customer’s consent. It is not considered an assignment for IBM to divest a portion of its business in a manner that similarly affects all of its customers. Customer agrees not to resell any Service without IBM’s prior written consent. Any attempt to do so is void. Customer agrees to acquire Machines with the intent to use them within its Enterprise and not for reselling, leasing, or transferring to a third party, unless either of the following applies: a. Customer is arranging lease-back financing for the Machines; or b. Customer purchases the Machines without any discount or allowance, and does not remarket them in competition with IBM’s authorized remarketers.

Appears in 5 contracts

Samples: Ibm Customer Agreement, General Commercial Terms, Ibm Customer Agreement

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Assignment and Resale. Neither party may assign this Agreement, in whole or in part, without the prior written consent of the other. Any attempt to assign without consent is void. The assignment of this Agreement, in whole or in part, within the Enterprise of which either party is a part or to a successor organization by merger or acquisition does not require the consent of the other. IBM is also permitted to assign its rights to payments without obtaining Customer’s consent. It is not considered an assignment for IBM to divest a portion of its business in a manner that similarly affects all of its customers. Customer agrees not to resell any Service without IBM’s prior written consent. Any attempt to do so is void. Customer agrees to acquire Machines with the intent to use them within its Enterprise and not for reselling, leasing, or transferring to a third party, unless either of the following applies: a. Customer is arranging lease-back financing for the Machines; or b. Customer purchases the Machines without any discount or allowance, and does not remarket them in competition with IBM’s authorized remarketers.

Appears in 2 contracts

Samples: Ibm Agreement for Machines, Ibm Agreement for Machines

Assignment and Resale. Neither party may assign this Agreement, in whole or in part, without the prior written consent of the other. Any attempt to assign without consent is void. The assignment of this Agreement, in whole or in part, within the Enterprise of which either party is a part or to a successor organization by merger or acquisition does not require the consent of the other. IBM is also permitted to assign its rights to payments without obtaining Customer’s consent. It is not considered an assignment for IBM to divest a portion of its business in a manner that similarly affects all of its customers. Customer agrees not to resell any Service without IBM’s prior written consent. Any attempt to do so is void. Customer agrees to acquire Machines each Machine with the intent to use them it as designed and in the form it was sold within its Customer’s Enterprise and not for reselling, leasing, or transferring it, in whole or in part, to a third party, unless either of the following applies: a. Customer is arranging lease-back financing for the MachinesMachine; or b. Customer purchases has paid IBM’s list price or reference price, as applicable for the Machines without any discount or allowanceMachine, and does not remarket them it in competition with IBM or IBM’s authorized remarketers.

Appears in 2 contracts

Samples: Ibm Customer Agreement, Ibm Customer Agreement

Assignment and Resale. Neither party may assign this Agreement, in whole or in part, without the prior written consent of the other. Any attempt to assign without consent is void. The assignment of this Agreement, in whole or in part, within the Enterprise of which either party is a part or to a successor organization by merger or acquisition does not require the consent of the other. IBM is also permitted to assign its rights to payments without obtaining Customer’s consent. It is not considered an assignment for IBM to divest a portion of its business in a manner that similarly affects all of its customers. Customer agrees not to resell any Service without IBM’s prior written consent. Any attempt to do so is void. Customer agrees to acquire Machines with the intent to use them within its Enterprise and not for reselling, leasing, or transferring to a third party, unless either of the following applies: a. Customer is arranging lease-back financing for the Machines; or b. Customer purchases the Machines them without any discount or allowance, and does not remarket them in competition with IBM’s authorized remarketers...

Appears in 1 contract

Samples: Ibm Customer Agreement

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Assignment and Resale. Neither party may assign this Agreement, in whole or in part, without the prior written consent of the other. Any attempt to assign without consent is void. The assignment of this Agreement, in whole or in part, within the Enterprise of which either party is a part or to a successor organization organisation by merger or acquisition does not require the consent of the other. IBM is also permitted to assign its rights to payments without obtaining Customer’s consent. It is not considered an assignment for IBM to divest a portion of its business in a manner that similarly affects all of its customers. Customer agrees not to resell any Service without IBM’s prior written consent. Any attempt to do so is void. Customer agrees to acquire Machines each Machine with the intent to use them it as designed and in the form it was sold within its Customer’s Enterprise and not for reselling, leasing, or transferring it, in whole or in part, to a third party, unless either of the following applies: a. Customer is arranging lease-back financing for the MachinesMachine; or b. Customer purchases has paid IBM’s list price or reference price, as applicable for the Machines without any discount or allowanceMachine, and does not remarket them it in competition with IBM or IBM’s authorized authorised remarketers.

Appears in 1 contract

Samples: Ibm Customer Agreement

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