Assignment by Sellers. Sellers shall have the right, upon written notice to Purchaser and the Escrow Agent, to assign all of Sellers' rights, interests and obligations under this Agreement, including all rights in and to the Escrow Fund, (i) to a successor limited liability partnership, limited liability company or other entity designated by Sellers, or (ii) to the Sellers' shareholders in their ownership proportions of 90% to Danixx X. Xxxxxxxx xxx 10% to Robexx X. XxXxxxxx.
Assignment by Sellers. This Agreement shall inure to the benefit of and shall be binding upon the Sellers and their respective successors and assigns. Any Seller may assign its respective interests in this Agreement as part of any sale or other disposition of such Seller’s electric utility system or Generation Entitlement Share made in compliance with the provisions of such Seller’s Renewal Power Sales Contract.
Assignment by Sellers. The Sellers hereby agree to assign and transfer to the Purchaser the Shares standing in each of the Sellers’ names on the Company’s books at the Closing, and hereby irrevocably constitute and appoint Xxxxxx Xxxxxxx Xxxxxxxx & Xxxxxx, Professional Corporation, as attorney to transfer the Shares on the books of the Company with full power of substitution in the premises.
Assignment by Sellers. No Seller shall assign its rights or obligations under this Agreement and the other Agreement Documents without the prior written consent of the Agent and each Purchaser.
Assignment by Sellers. Sellers shall have the right, in their sole and absolute discretion, to assign this Agreement and all of their interests therein in connection with a sale of the Assets to a prospective acquiror if, and to the extent that, such acquiror assumes all of Sellers’ rights and obligations under this Agreement (a “Sellers’ Assignment”). The sale of a Controlling Interest in Sellers or in any Person with Control of Sellers shall not constitute an assignment of this Agreement. In connection with any prospective Sellers’ Assignment or the sale of a Controlling Interest in Sellers or any Person with Control of Sellers, and subject to the express provisions of this Agreement, Sellers may provide such information concerning this Agreement, the Assets, and the Purchaser as a prospective acquiror shall require in order to evaluate this Agreement, as well as to evaluate the Assets in the event that this Agreement expires or is otherwise terminated prior to Closing pursuant to the terms and provisions set forth herein. Notwithstanding the foregoing, the prospective acquiror shall have the same obligations of Sellers pursuant to the terms of this Agreement.
Assignment by Sellers. Sellers shall have the right, upon notice to but without the consent of the Servicer, to assign, in whole or in part, 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 Sellers in this Agreement shall be deemed to include their assignee or designee and any subsequent assignee or designee, specifically including the Trustee.
Assignment by Sellers. Sellers shall have no right to assign or pledge any rights under this promissory note.
Assignment by Sellers. Effective as of the Closing, each Seller does hereby sell, transfer, convey, assign and deliver to Buyer all of such Seller’s right, title and interest in and to the Transferred Assets, including, without limitation, the Assumed Contracts, and such Seller does hereby assign to Buyer Seller’s interest in the Assumed Liabilities. The Transferred Assets are subject to all of the representations, warranties, covenants and indemnities of the Seller set forth in the Purchase Agreement, all of which are incorporated herein by reference.
