Assignment and Transfers to Owner Sample Clauses

Assignment and Transfers to Owner. Upon the expiration or termination of this Agreement, Manager shall assign and transfer to Owner:
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
Assignment and Transfers to Owner. Manager shall assign and transfer to Owner: (a) all leases and contracts with respect to the Managed Facilities entered into by Manager or its Affiliates (if any) in connection with the Operation of the Managed Facilities in accordance with the terms of this Agreement, and Owner (or the successor manager) shall assume all liabilities and obligations in writing, in form and substance reasonably satisfactory to Manager; (b) all right, title and interest in and to all Approvals, including liquor licenses held by Manager or its Affiliates (if any) in connection with the Operation of the Managed Facilities, to the extent such assignment or transfer is permitted under Applicable Law; and, (c) all books and records of the Managed Facilities (but excluding any Manager Proprietary Rights); provided, however, that Owner shall retain all such books and records and make them available to Manager at the Managed Facilities at all reasonable times for inspection, audit, examination and photocopying, at Manager’s expense, for at least five (5) years after the date of such expiration or termination and transfer such accounts to Owner. Manager shall remove its signatories from the Bank Accounts as of the effective date of such expiration or termination. In addition, Manager may make and retain copies of all financial books and records pertaining to the Managed Facilities. Prior to transferring any Hardware or Software to Owner or any successor operator, Manager may, upon thirty (30) days notice to Owner, destroy historic and extraneous personally identifiable information, credit card information and other sensitive information in such Hardware or Software as specifically required under Applicable Laws regarding data privacy. Manager shall comply with any Applicable Laws of Vietnam prior to transferring any Hardware, Software or books and records to Owner or any successor operator.
Sample 1
Assignment and Transfers to Owner. Operator shall assign and transfer to Owner: (a) all leases and contracts with respect to the Hotel entered into by Operator or its Affiliates (if any) in connection with the Operation of the Hotel, and Owner shall assume all liabilities and obligations in writing, in form and substance reasonably satisfactory to Operator; (b) all right, title and interest in and to all Approvals, including liquor licenses held by Operator or its Affiliates (if any) in connection with the Operation of the Hotel, to the extent such assignment or transfer is permitted under Applicable Law; and (c) all books and records of the Hotel (but excluding any Operator IPR); provided, however, that Owner shall retain all such books and records and make them available to Operator at the Hotel at all reasonable times for inspection, audit, examination and photocopying, at Operator’s expense, for at least five years after the date of such expiration or termination. Operator shall remove its signatories from the Bank Accounts as of the effective date of such expiration or termination, subject to payment of all amounts due or payable to Operator and its Affiliates pursuant to this Agreement. Prior to transferring any Technology or books and records to Owner or any successor operator, Operator may be required under Starwood’s information management policies and Applicable Laws regarding data privacy to destroy historic and extraneous personally identifiable information, credit card information and other sensitive information in such Technology or books and records.
Sample 1

Related to Assignment and Transfers to Owner

  • Assignment and Transfers Except as the Committee may otherwise permit pursuant to the Plan, the rights and interests of the Participant under this Agreement may not be sold, assigned, encumbered or otherwise transferred except, in the event of the death of the Participant, by will or by the laws of descent and distribution. In the event of any attempt by the Participant to alienate, assign, pledge, hypothecate, or otherwise dispose of the Stock Units or any right hereunder, except as provided for in this Agreement, or in the event of the levy or any attachment, execution or similar process upon the rights or interests hereby conferred, the Company may terminate the Stock Units by notice to the Participant, and the Stock Units and all rights hereunder shall thereupon become null and void. The rights and protections of the Company hereunder shall extend to any successors or assigns of the Company and to the Company’s parents, subsidiaries, and affiliates. This Agreement may be assigned by the Company without the Participant’s consent.

  • Assignment and transfers by Obligors No Obligor may assign any of its rights or transfer any of its rights or obligations under the Finance Documents.

  • Assignment and Transfer The Member may assign or transfer in whole but not in part its limited liability company interest to a single acquiror.

  • Assignments and transfers by Obligors No Obligor may assign or transfer any of its rights and obligations under the Finance Documents without the prior consent of all the Lenders.

  • Assignments and Transfers No Party may assign any of its rights and benefits or transfer any of its rights, benefits and obligations in respect of any Debt Documents or the Liabilities except as permitted by this Clause 19.

  • Transfers to QIBs The following provisions shall apply with respect to the registration of any proposed transfer of a Note constituting a Restricted Security to a QIB (excluding transfers to Non-U.S. Persons):

  • Assignments and Transfers by Investors The provisions of this Agreement shall be binding upon and inure to the benefit of the Investors and their respective successors and assigns. An Investor may transfer or assign, in whole or from time to time in part, to one or more persons its rights hereunder in connection with the transfer of Registrable Securities by such Investor to such person, provided that such Investor complies with all laws applicable thereto and provides written notice of assignment to the Company promptly after such assignment is effected.

  • Assignments and transfers by Lenders (a) A Lender (the Existing Lender) may, subject to the following provisions of this Subclause, at any time assign or transfer (including by way of novation) any of its rights and obligations under this Agreement to any other person (the New Lender).

  • ASSIGNMENT AND TRANSFER SIGNATURE LINES FOR VALUE RECEIVED, the undersigned Holder hereby sell(s), assign(s) and transfer(s) unto ______________________________ whose taxpayer identification number is _______________________ and whose address including postal zip code is ____________________________, the within Receipt and all rights thereunder, hereby irrevocably constituting and appointing ________________________ attorney-in-fact to transfer said Receipt on the books of the Depositary with full power of substitution in the premises.

  • Assignments and transfer by Obligors No Obligor may assign any of its rights or transfer any of its rights or obligations under the Finance Documents.

Time is Money Join Law Insider Premium to draft better contracts faster.