Assignment by Royalty Holder Sample Clauses

Assignment by Royalty Holder. Notwithstanding anything to the contrary herein contained, if any part of the right to receive the Royalty is assigned by the Royalty Holder, it shall be a condition of such assignment that the assignee agrees with the Payor and all other parties entitled to receive any part of the Royalty as follows:
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Assignment by Royalty Holder. Royalty Holder may convey or assign all or part of the Royalty payable, provided that such conveyance or assignment will not be effective against Owner until the assignee has delivered to Owner a written undertaking whereby such assignee agrees to be bound, to the extent of the interest assigned, by all of the terms and conditions of this Instrument.
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Assignment by Royalty Holder. The Royalty Holder may assign or convey its rights under this Agreement. No change or division in the ownership of the Royalty, however accomplished, shall enlarge the obligations or diminish the rights of the Company.
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Assignment by Royalty Holder. The Royalty Holder may assign its rights under this NSR Agreement; provided, however, that any change in ownership of rights will be accomplished in such manner that the Company will not be required to make payments to or give notice to more than one person, firm, corporation, or entity. No change or division in the ownership of the Production Royalty, however accomplished, will enlarge the obligations of or diminish the rights of the Company. No change or division in the ownership of the Production Royalty will be binding on the Company until ten days after the Company has received a copy of the assignment instrument duly recorded in the applicable recording district evidencing the change or division in ownership.
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Assignment by Royalty Holder. Notwithstanding anything to the contrary herein contained, if any part of the right to receive the Net Smelter Returns Royalty is assigned by the Royalty Holder, it shall be a condition of such assignment that the assignee agrees with the Payor and all other parties entitled to receive any part of the Net Smelter Returns Royalty as follows:
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Assignment by Royalty Holder. The Royalty Holder may assign its rights under this NSR Royalty Agreement to any of its affiliates; provided, however, that any change in ownership of rights will be accomplished in such manner that the Company will not be required to make payments to or give notice to more than one person, firm, corporation, or entity. No change or division in the ownership of the Net Smelter Return Royalty, however accomplished, will enlarge the obligations or diminish the rights of the Company. No change or division in the ownership of the Net Smelter Return Royalty will be binding on the Company until ten (10) days after the Company has received a copy of the assignment instrument duly executed, evidencing the change or division in ownership.
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Assignment by Royalty Holder. If at any time the Royalty Holder desire to transfer, sell or otherwise assign any portion or all of the Royalty and their interest in and to this Agreement, to a proposed transferee from whom the Royalty Holder have received a bona fide offer which they are prepared to accept, the Royalty Holder shall first offer the Royalty, for 60 days, to the Owner, at the same price and on the same terms as are contained in the bona fide offer from the proposed transferee, and shall specify the proposed transferee. The Royalty Holder shall also provide the Owner with a copy of the bona fide written offer that they have received from the proposed transferee. Within such 60 days the Owner shall give written notice of acceptance or rejection of the said offer. Failure to deliver a notice of acceptance or rejection within such 60 days will be deemed a rejection of the offer. If the Owner does not wish to acquire the Royalty as offered, the Royalty Holder may, during the period of 60 days next following the expiry of the 60 day offer period, sell, assign, transfer or otherwise dispose of to the proposed transferee the Royalty at the same or at a higher price but otherwise on substantially the same terms and conditions as the original offer received from the proposed transferee, provided that the Royalty Holder shall not complete any sale, assignment or transfer to the proposed transferee unless the proposed transferee, prior to such sale, assignment or transfer, agrees in writing with the Owner to be bound by the terms of this Agreement. For greater certainty, the Royalty Holder are not permitted to sell, assign, option, transfer, or otherwise dispose of the whole or any part of the Royalty in any manner, except in accordance with the terms hereof.
Sample 1
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Related to Assignment by Royalty Holder

  • Assignment by Purchaser The Purchaser shall have the right, without the consent of the Company but subject to the limit set forth in Section 2.02 hereof, to assign, in whole or in part, its interest under this Agreement with respect to some or all of the Mortgage Loans, and designate any person to exercise any rights of the Purchaser hereunder, by executing an Assignment and Assumption Agreement and the assignee or designee shall accede to the rights and obligations hereunder of the Purchaser with respect to such Mortgage Loans. All references to the Purchaser in this Agreement shall be deemed to include its assignee or designee.

  • Assignment by Owner 51 Section 12.11

  • Assignment by Assignor Effective as of the Closing, Assignor hereby transfers and assigns to Assignee the Intangible Property and the Permits and Entitlements.

  • Assignment by Seller The Seller shall have the right, upon notice to but without the consent of the Servicer, to assign, in whole or in part (but exclusive of the Servicer’s rights and obligations as owner of the servicing rights relating to the Mortgage Loans), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement. All references to the Seller in this Agreement shall be deemed to include its assignee or designee and any subsequent assignee or designee, specifically including the Trustee.

  • Assignment by Buyer Buyer shall have the right to assign this Agreement to any third party or parties and no consent on the part of Seller shall be required for such assignment, provided however, that any such assignment shall not relieve Buyer of its liabilities and obligations hereunder.

  • Assignment by Company The Company may assign its rights under this Agreement to an affiliate, and an affiliate may assign its rights under this Agreement to another affiliate of the Company or to the Company; provided, however, that no assignment shall be made if the net worth of the assignee is less than the net worth of the Company at the time of assignment. In the case of any such assignment, the term "Company" when used in a section of this Agreement shall mean the corporation that actually employs the Employee.

  • ASSIGNMENT BY LESSOR The terms and conditions of each Schedule have been fixed by Lessor in order to permit Lessor to sell and/or assign or transfer its interest or grant a security interest in each Schedule and/or the Equipment to a Secured Party or Assignee. In that event, the term Lessor will mean the Assignee and any Secured Party. However, any assignment, sale, or other transfer by Lessor will not relieve Lessor of its obligations to Lessee and will not materially change Lessee's duties or materially increase the burdens or risks imposed on Lessee. The Lessee consents to and will acknowledge such assignments in a written notice given to Lessee. Lessee also agrees that:

  • Assignment by Members No Member shall sell, assign or transfer, or offer to sell, assign or transfer or otherwise Dispose of all or any part of such Member’s Units or other interests in the Company (whether voluntarily or involuntarily) without the prior written consent of the Majority Members.

  • Assignment by Lessee Lessee may transfer or assign its rights and obligations under this Agreement without the consent of Operator but shall deliver to Operator written notice of such transfer or assignment not less than ten (10) days prior to the effective date thereof; provided, however, in the event of the assignment of this Agreement to a party that is not an Affiliate, Operator shall have the right to terminate this Agreement within 15 days after receipt of written notice of such assignment, which termination will be effective within 30 days of Lessee’s receipt of such termination notice. Any transfer or assignment of this Agreement by Lessee shall include an express assumption by the transferee or assignee of Lessee’s obligations hereunder. Nothing herein shall be deemed to require Lessee to assign or attempt to assign this Agreement to any third party, including any buyer of a Hotel.

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