Common use of Assignment by Manager Clause in Contracts

Assignment by Manager. Manager shall not assign or in any manner sell, Transfer, encumber or pledge as security for any indebtedness (or other obligation) any of its rights and interests as Manager hereunder to any Person whatsoever without the prior written consent of Owner (which approval may be granted or withheld in Owner’s sole and absolute discretion), provided that Manager may make any direct or indirect Transfer of ownership or other beneficial interests in Manager so long as such Transfer does not constitute a breach of the Xxxxxxxx Manager Control Requirements or violate applicable Gaming Laws or the terms of any Nevada Gaming License. Notwithstanding the generality of the foregoing:

Appears in 7 contracts

Samples: Management Agreement (Station Casinos LLC), Management Agreement (Station Casinos LLC), Management Agreement (Station Casinos LLC)

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