Common use of Assignment and Sublicensing Clause in Contracts

Assignment and Sublicensing. Except as expressly provided herein, Licensee shall not assign, sublicense, transfer, charge or part with the possession of the benefits and obligations of, this Agreement (including, but not limited to, the license granted under Section 2) without the prior written consent of the CBOT. The CBOT may assign its rights and obligations hereunder upon reasonable prior written notice to Licensee.

Assignment and Sublicensing. Except as expressly provided herein, Licensee shall not assignassign (by operation of law or otherwise), sublicense, transfer, charge or part with the possession of the benefits and obligations of, this Agreement (including, but not limited to, the license granted under Section 2) without the prior written consent of the CBOT. The CBOT may assign its rights and obligations hereunder upon reasonable without Licensee's prior written notice to Licenseeconsent.