Assignment by StadCo. StadCo shall not sell, assign, transfer, mortgage, pledge, hypothecate, encumber, sublet, license or grant a security interest in or upon its rights under this Agreement, directly or indirectly, voluntarily or involuntarily, by operation of law or otherwise (collectively, “Assign” or an “Assignment”) without the Approval of the Authority, except as provided in Article 17 of the Stadium Lease. Any and all Assignments shall be subject to the terms of Article 17 of the Stadium Lease even though the term of the Stadium Lease has not commenced.
Assignment by StadCo. (i) StadCo may transfer its interest (in whole or in part, by operation of law, or otherwise), whether by security agreement, collateral assignment, or transfer of any other kind (collectively, “Assign”), in this Agreement or any of its rights or obligations under this Agreement, without the prior written consent of Naming Rights Partner, to an Affiliate or to any Person in connection with a sale or transfer of the Stadium Complex or the sale or transfer of the [***]. In connection with any such assignment (each, an “Assignment”), StadCo shall [***], and provided that [***]. Effective as of the date of such Assignment, StadCo shall be relieved of any further obligations under this Agreement. For the avoidance of doubt, the Parties acknowledge that all or part of the ownership interest in either of the Teams or control of either of the Teams may be transferred in any manner permitted by Law and by the NFL without the prior consent of Naming Rights Partner.
Assignment by StadCo. (a) StadCo and/or the Club (as applicable) shall not assign or transfer this Project Development Agreement (or any rights, title or interests of StadCo and/or the Club in, to and under same), directly or indirectly, by operation of law or otherwise (“Transfer”), without first obtaining the written consent of the GWCCA pursuant to this Section 14.12, which consent shall not be unreasonably withheld. Notwithstanding the foregoing, the GWCCA’s consent to the following Transfers (each a “Permitted Transfer”) shall be deemed already to have been obtained under this Project Development Agreement for:
Assignment by StadCo. StadCo may not assign its rights or duties hereunder without the prior written consent of the GWCCA, except that such consent will not be required in connection with any assignment that will be permitted under Section 3.5 of the Transaction Agreement or Section 16.1 of the Stadium License Agreement. If StadCo contracts with any third parties to perform any of StadCo’s obligations under this PSL Agreement, StadCo will be as fully responsible to the GWCCA for the acts and omissions of such third parties, and of persons either directly or indirectly employed by them, as StadCo is for the acts and omissions of persons directly employed by it.
Assignment by StadCo. (a) The GWCCA and Invest Atlanta will each have the right to approve any assignments by StadCo of this Funding Agreement other than:
