Assignment by Grantee. Grantee may at any time convey or transfer its rights, interests and obligations under this Deed to any person or entity, without the approval of Grantors, provided that Grantors shall not be bound by any such conveyance or transfer unless and until it has received a Notice signed by Grantee and its transferee, which includes the details of such person’s or entity’s address for Notices and by which such transferee agrees to be bound by all of the terms and conditions of this Deed. Any transfer of the right to receive any Royalty payments shall in no event require Grantors to make payments to more than one person or entity. If the right to receive Royalty payments is transferred to more than one person or entity, such transfer shall not be binding upon Grantors until the first day of the month following the date on which Grantors receive written Notice signed by Grantee and its transferee designating a single agent for receipt of future Royalty payments and for exercising all rights of Grantee under this Deed.
Assignment by Grantee. (a) Except as provided in Section 5.4, prior to the fifth anniversary of the Effective Date, Grantee shall not assign any Overriding Royalty Interests. From and after the fifth anniversary of the Effective Date, subject to Section 5.5, without the prior written consent of Grantor, Grantee may assign or transfer all, but not less than all, of the Overriding Royalty Interests and may assign or transfer its rights and interest in and under this Agreement with respect to the Overriding Royalty Interests to any assignee of the Overriding Royalty Interests; provided that Grantee shall only be entitled to assign the Overriding Royalty Interests and the rights under this Agreement and the Recordable Conveyances to one assignee of Grantee who acquires all of Grantee’s interest in all Overriding Royalty Interests.
(b) No change of ownership or right to receive the Overriding Royalty Interest, however accomplished, shall be binding upon Grantor until notice thereof shall have been furnished by the Person claiming the benefit thereof, and then only with respect to payments thereafter made. Notice of sale or assignment of the Overriding Royalty Interest shall consist of a copy of the recorded instrument accomplishing the same; notice of change of ownership or right to receive payment accomplished in any other manner (for example by reason of incapacity, death or dissolution) shall consist of copies of recorded documents and complete proceedings legally binding and conclusive of the rights of all parties. Until such notice shall have been furnished to Grantor as provided above, the payment or tender of all sums payable on the Overriding Royalty Interest may be made in the manner provided in the Recordable Conveyance as if no such change in interest or ownership or right to receive payment had occurred.
Assignment by Grantee. The Grantee may at any time assign its interest (or any part thereof) in the Overriding Royalty upon notice thereof to the Grantor provided that if at any time the Overriding Royalty should become owned by more than one person, the Grantor shall have the right to require the holders of the Overriding Royalty to appoint in writing an agent to represent all the holders of the Overriding Royalty and to receive all statements and payments (if any) of the Overriding Royalty.
Assignment by Grantee. Grantee may at any time assign or transfer its rights, title and interest under this Agreement to any person, without obtaining the consent of Grantor, if such assignment or transfer is evidenced by written agreement delivered to Grantor, such agreement includes the details of the assignee’s address for Notices and;
(a) such assignment or transfer is to any Affiliate of Grantee;
(b) such assignment or transfer is part of a Grantee Parent Transaction; or
(c) such assignment or transfer is made in accordance with Section 8.3.
Assignment by Grantee. Grantor and Grantee agree that Grantee may assign all or any part of its rights under this Agreement to, and its obligations under this Agreement may be assumed by, an affiliated entity of Grantee. Subject to the foregoing, neither this Agreement nor any of the rights, interests or obligations hereunder may be assigned by either Grantor and Grantee without the prior written consent of the other party hereto. This Agreement does not affect title to any real property and does not run with title to any real property. In no event may this Agreement or any memorandum, summary or any instrument making reference to any provision hereunder be recorded in the real estate records in any location or jurisdiction. If such an instrument is recorded it (and all rights granted to Grantee herein) shall be deemed immediately and finally terminated and void, and Grantor shall have the unilateral right to release it of record.
Assignment by Grantee. The Grantee may assign this Agreement provided any such assignee satisfies any requirements set out in Sections 218 and 219 of the Land Title Act (British Columbia) and having first obtained any requisite ministerial approval. The Grantor hereby consents to any such assignment and agrees that upon the assignment of this Agreement by the Grantee, the Grantee will be released from any and all further duties and obligations arising under this Agreement which arise after the time of such assignment.
Assignment by Grantee. Grantee has the right to assign the Royalty Interest ix xxxxx or in part. No such assignment will affect the method of computing the Royalty Interest, and if more than one Person becomes entitled to participate in the Royalty Interest, Grantor may withhold from such other Person payments to which such Person would otherwise be entitled hereunder and the furnishing of any data or information which Grantor is required by the terms hereof to furnish Grantee until Grantor is furnished a recordable instrument executed by or binding upon all Persons interested in the Royalty Interest designating one Person who is to receive such payments, data and information.
Assignment by Grantee. The Grantee shall not assign, transfer, convey, pledge, or otherwise dispose of this Agreement or any interest in this Agreement without the prior consent of the City in writing.
Assignment by Grantee. During the term of the Production Payment, Grantee shall not assign, sell, convey or otherwise transfer Grantee's remaining interests in the Subject Interests or any part thereof unless Grantor expressly consents thereto in writing, and the transferee expressly agrees to assume and perform all of Grantee's obligations under this reservation of Production Payment and such sale, transfer or assignment is made and accepted expressly subject and subordinate to the Production Payment. Any purported assignment, sale, conveyance or other transfer in contravention of the foregoing terms shall be null and void.
Assignment by Grantee. Upon the cessation of operations of the Redevelopment Agency of the City of Redlands, the Redevelopment Agency of the City of Redlands shall assign its rights under this Easement to the City of Redlands. Except for the forgoing and the purposes described in Section 25, Conservation Purposes, of this Easement, the Grantee shall not assign its rights under this Easement without the prior consent of the Grantor (or its successors to title to the Premises), which shall not be unreasonably withheld, conditioned or delayed. , 2008 XXX XXXXXXX AND XXXX XXXXXX, LLC, a California limited liability corporation By: By: Xxxx Xxxxxx State of California ) ) ss County of San Bernardino ) On before me, , personally appeared I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. Witness my hand and official seal. Signature of Notary (Notary Seal) State of California ) ) ss County of San Bernardino ) On before me, , personally appeared I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. Witness my hand and official seal. Signature of Notary (Notary Seal) That real property in the City of Redlands, County of San Bernardino, State of California, described as follows “Lots 11 and 12, Block “D”, the Link, in the City of Redlands, County of San Bernardino, State of California, as per plat recorded in Book 4 of Maps, Page 13, records of said San Bernardino County. APN: 0000-000-00 Street Address: 000 Xxxxx Xxxxxx Xxxxxx, Xxxxxxxx, Xxxxxxxxxx 00000 This is to certify that the interest(s) in real property conveyed or created by that certain Façade Easement dated , 2008, by the XXX XXXXXXX AND XXXX XXXXXX, LLC, a California limited liability corporation, which is hereby accepted by the undersigned officer or agent on behalf of the Redevelopment Agency of the City of Redlands pursuant to authority conferred by the Board of Directors of the Redevelopment Agency of the City of Redlands on March 6, 2007, and the grantee consents to recordation thereof by its duly authorized officer. Dated this th day of , 2008 By: , Redevelopment Director Provides for: Façade Easement; 000 Xxxxx Xxxxxx Xxxxxx, Xxxxxxxx, XX, 00000 State of California ) ) ss County of San Bernardino ) On before me, , personally appeared I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. Witness my hand ...
