Assignment of Purchase Option. The Purchase Option may be assigned or transferred in whole or in part by HMTF to any one or more members of the HMC Group without any consent or other action on the part of any other party hereto.
Assignment of Purchase Option. The Purchase Option and Tenant’ rights and obligations under this Article 30 are personal to Tenant, may not be exercised by any assignee or transferee of Tenant and shall irrevocably terminate upon any Transfer of this Lease. Notwithstanding the foregoing, Tenant shall have the right to assign this Lease without Landlord’s prior written consent to a Permitted Assignee in accordance with Section 25.1, and in such event the Purchase Option shall not terminate and may be exercised by such Permitted Assignee, but only if (a) Tenant notifies Landlord in writing prior to the effectiveness of such assignment to such Permitted Assignee, and (b) prior to or concurrently with such assignment, such Permitted Assignee assumes all of Tenant’s obligations under this Article 30. Notwithstanding the foregoing, in no event shall Landlord’s consent to a Transfer under Article 25 (to the extent such consent is required) be deemed to include the Purchase Option or the provisions of this Article 30 unless explicitly agreed to in writing by Landlord.
Assignment of Purchase Option. Licensor may assign the Purchase Option to an affiliate or affiliates in its sole discretion.
Assignment of Purchase Option. If at the occurrence of a Buy-Sell Event, there exist only two (2) then-current Members (including the Withdrawing Member), the Member that is not withdrawing shall have the option during the thirty (30) day period set forth in Section 13.3 to assign its Purchase Option to any Person other than the Withdrawing Member (the “Purchase Option Assignee”), including without limitation the Company, by notifying the Withdrawing Member and the Company of such assignment in writing. After delivery of such notice, the Purchase Option Assignee shall have the option to purchase the Withdrawing Member’s Membership Interest on the same terms and conditions as would apply to the Member from which the Purchase Option was assigned; provided, however, that the Purchase Option Assignee shall not have the rights of assignment set forth in this Section 13.4. In the event the Purchase Option Assignee does not exercise the Purchase Option, the Purchase Option Assignee shall have no further rights under this Agreement.
Assignment of Purchase Option. Option-Holder shall have the ------------------------------ right to transfer or assign ("Transfer") any or all of its rights under this Agreement in connection with an assignment of the Lease which is permitted by the Lease.
Assignment of Purchase Option. Prior to or after exercise of the Purchase Option, City may assign the Purchase Option to a governmental agency, non-profit organization, or a Qualifying Purchaser (“Purchase Option Assignee”), which shall be subject to this Declaration. If the City acquires the Property instead of transferring it to a Purchase Option Assignee, the City shall transfer the Property to a Qualifying Purchaser.
Assignment of Purchase Option. Any assignment of this Lease permitted hereunder or consented to by Landlord shall constitute an assignment of the Purchase Option. Tenant may not retain this Purchase Option in the event it assigns this Lease, but such assignee shall be entitled to exercise the Purchase Option.
Assignment of Purchase Option. Subject to the conditions of this Agreement, Seller hereby agrees to assign and transfer all of its interests in the Purchase Options and Option Agreements to Buyer upon the following terms and conditions:
Assignment of Purchase Option. Saratoga may assign any portion of the Purchase Option to any other person or entity that is a holder of, or participant in, Tranche B Notes on the same terms as provided for herein; provided that such holder or participant is an "accredited investor" within the meaning of Rule 501 of Regulation D under the Securities Act (each holder or participant to which Saratoga shall assign the Purchase Option in accordance with the foregoing proviso, a "Permitted Assignee").
Assignment of Purchase Option. Prior to Closing Date, Seller may, at its option, assign to PLL Seller's purchase option rights arising under Article XXIX of the Commercial Lease dated December 8, 1994 between Xxxxx Xxxxxxxxxx and the Company (the "Chicago Lease"), relating to the leased premises located at 0000 X. Xxxxxx Street, Chicago, Illinois (the "Chicago Facility") pursuant to an Assignment of Purchase Option in a form reasonably satisfactory to Buyer ("Assignment of Purchase Option"). The Assignment of Purchase Option shall provide that the option to purchase the building containing the Chicago Facility will revert to Buyer for no additional consideration if not exercised by PLL on or prior to July 31,
