Common use of Assignment and Sublicensing Clause in Contracts

Assignment and Sublicensing. Except as permitted by Section 15, neither the Issuer nor the Co-Issuer shall assign or sublicense any right or interest in any of the Marks or the License, whether voluntarily or by operation of law, without the express, prior written consent of Taberna Capital Management, which consent shall not be unreasonably withheld or delayed. This Section 39 shall inure to the benefit of and shall be binding upon each party, its successors and permitted assigns.

Appears in 3 contracts

Samples: Collateral Management Agreement (Taberna Realty Finance Trust), Collateral Management Agreement (Taberna Realty Finance Trust), Collateral Management Agreement (Taberna Realty Finance Trust)

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Assignment and Sublicensing. Except as permitted by Section 15, neither the Issuer nor the Co-Issuer shall assign or sublicense any right or interest in any of the Marks or the License, whether voluntarily or by operation of law, without the express, prior written consent of Taberna Capital Management, which consent shall not be unreasonably withheld or delayed. This Section 39 shall inure to the benefit of and shall be binding upon each party, its successors and permitted assigns. [Remainder of this page intentionally left blank.]

Appears in 1 contract

Samples: Collateral Management Agreement

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Assignment and Sublicensing. Except as permitted by Section 15, neither the Issuer nor the Co-Issuer shall assign or sublicense any right or interest in any of the Marks Xxxx or the License, whether voluntarily or by operation of law, without the express, prior written consent of Taberna Capital Management, which consent shall not be unreasonably withheld or delayed. This Section 39 shall inure to the benefit of and shall be binding upon each party, its successors and permitted assigns.

Appears in 1 contract

Samples: Collateral Management Agreement (Taberna Realty Finance Trust)

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