Common use of ASSIGNMENT AND TRANSFER OF RIGHTS AND OBLIGATIONS Clause in Contracts

ASSIGNMENT AND TRANSFER OF RIGHTS AND OBLIGATIONS. Except as provided in Article 6, this Agreement and all rights and obligations hereunder cannot be assigned or transferred without the prior written consent of the other Parties; provided, however, that the Non-Managing Shareholder may assign this Agreement and all of its rights and obligations hereunder without the other Parties’ consent to any of its affiliates (provided that, if such affiliate is no longer an affiliate of the Non-Managing Shareholder, such assignment shall be unwound).

Appears in 3 contracts

Samples: Shareholder Agreement, Shareholder Agreement (Trivago N.V.), Shareholder Agreement (Travel B.V.)

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ASSIGNMENT AND TRANSFER OF RIGHTS AND OBLIGATIONS. Except as provided in Article 6, this Agreement and all rights and obligations hereunder cannot be assigned or transferred without the prior written consent of the other Parties; provided, however, that the Non-Managing Shareholder may assign this Agreement and all of its rights and obligations hereunder without the other Parties’ consent to any of its affiliates (provided that, if such affiliate is no longer an affiliate of the Non-Managing Shareholder, such assignment shall be unwound)affiliates.

Appears in 1 contract

Samples: Shareholder Agreement (Travel B.V.)

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