Assignment by the Grantor. Other than as permitted by the Interim Documents, none of the rights and obligations of the Grantor under this Agreement shall be capable of being assigned or transferred.
Assignment by the Grantor. The Grantor shall be free to Transfer all or any portion of its interest in the Property or the Buy-Back Royalty, provided that such Transfer shall not be effective as against the Holders until the transferee has delivered to the Holders a written and enforceable undertaking agreeing to be bound, to the extent of the interest disposed of, by all of the terms and conditions of this Agreement. In the event of a Transfer to an arm’s length third party who has executed an undertaking required by this Section 5.12, the Holders acknowledge and agree that the Grantor shall be released from all obligations in respect of that portion of the Net Smelter Returns Royalty conveyed or assigned to such third party.
Assignment by the Grantor. The Grantor may transfer, sell, assign or otherwise dispose of all or any portion of its interest in the Property provided that the transferee, purchaser or assignee shall have, and no such transfer, sale, assignment or disposition shall be valid until such transferee or assignee has, agreed in writing with the Holder to be bound by the terms and conditions of this Agreement in respect of that portion of the Property acquired by such assignee or transferee.
