Assignment of this Contract. You can, by Authorized Request, assign or otherwise transfer specific rights under this contract during the Accumulation Phase and before the first Valid Claim. Upon receipt of the Authorized Request, we record the assignment, but we will not be responsible for the validity or effect of the assignment, including the tax consequences of such assignment. We will not be liable to the assignee for any actions we take or payments we make before we receive an Authorized Request of the assignment or transfer. If you assign this contract, you can exercise your rights only with the written consent of the assignee. An assignment does not change the Annuitant or Beneficiary. An assignment does not change any Determining Life, except as described under the definition of “Determining Life”. An assignment that is not an absolute assignment does not change the Owner. L40538-NY03 17 Ownership continued from the previous page You can, by Authorized Request, change ownership of this contract to a new Owner during the Accumulation Phase and before the first Valid Claim. Upon receipt of the Authorized Request, we record the change of ownership. We will not be responsible for the validity or effect of the change of ownership, including the tax consequences of such transfer. We will not be liable to the new Owner for any actions we take or payments we make before we receive an Authorized Request of the change of ownership. A change of ownership does not change the Annuitant or Beneficiary. A change of ownership does not change any Determining Life, except as described under the definition of “Determining Life”. The new Owner can request a change of Annuitant or Beneficiary by providing an Authorized Request. If this contract is owned by a non-individual, then we treat the Annuitant as the Owner for purposes of determining the payment of any Death Benefit and determining when the Accumulation Phase ends. If the Annuitant dies on a non-individually owned contract, we pay the Death Benefit to the Beneficiary as described in “Who receives the Death Benefit”. The term “non-natural Owner” may also be used to mean “non-individual Owner” in any endorsement and/or rider. A non-individual Owner cannot change the Annuitant. Otherwise, you can change the Annuitant during the Accumulation Phase and before the first Valid Claim by providing an Authorized Request. If the Annuitant, who is not an Owner, dies during the Accumulation Phase, a sole Owner automatically becomes the Annuitant, but c...
Assignment of this Contract. 9.1 Unless with the prior consent of the Pledgee, the Pledgor or Guanli shall have no right to transfer any of her/its rights or obligations hereunder.
9.2 This Contract shall be binding upon the Pledgor and her successors or heirs, and shall be valid and binding upon the Pledgee and each of its successors, heirs or permitted assignees.
9.3 The Pledgee may, at any time and to the extent permitted by laws, transfer all or any of its rights and obligations under the Master Contract to any person designated by it (natural person/legal person), in which case, the assignee shall be entitled to and undertake all rights and obligations of the Pledgee hereunder as if it should have been entitled to and undertaken such rights and obligations as a party to this Contract. When the Pledgee transfers its rights and obligations under the Master Contract, a written notice shall be only given by the Pledgee to the Pledgor, and the Pledgor shall, at the request of the Pledgee, execute and transfer the relevant contracts and/or documents in this regard.
9.4 A new pledge contract shall be signed between the new parties to the pledge after the change of the pledgee as a result of the transfer.
Assignment of this Contract. 4.1 Unless with the prior written consent of Party A, Party B and Guanli shall not transfer their respective rights and obligations hereunder to any third parties.
4.2 Party B and Guanli hereby agree that Party A shall have the right to transfer its rights and obligations hereunder to any third parties when necessary. Party A shall only be required to serve written notice to Party B and Guanli when such transfer is made, and no consent shall be further required from Party B or Guanli in respect of such transfer.
Assignment of this Contract. During the Accumulation Phase only, you may, by Authorized Request, assign or otherwise transfer specific rights under this contract. We will record the assignment as of the date the Authorized Request is signed by you, unless you specify otherwise. We will not consent if the assignment or transfer would violate or result in noncompliance with any applicable state or federal law or regulation. We will not be responsible for the validity or effect of the assignment, including the tax consequences of such assignment. We will not be liable to the assignee for any actions we take or payments we make before we consent and record the assignment or transfer. An absolute assignment is a change of Ownership. If you assign specific rights under this contract, you can exercise those specific rights only with the written consent of the assignee. An assignment does not change the Annuitant or Beneficiary(ies). An assignment that is not an absolute assignment does not change the Owner.
Assignment of this Contract. 4.1 Unless with the prior written consent of Party A, Party B and Zhongguan shall not transfer their respective rights and obligations hereunder to any third parties.
4.2 Party B and Zhongguan hereby agree that Party A shall have the right to transfer its rights and obligations hereunder to any third parties when necessary. Party A shall only be required to serve written notice to Party B and Zhongguan when such transfer is made, and no consent shall be further required from Party B or Zhongguan in respect of such transfer.
Assignment of this Contract. This Contract may not be assigned by Purchaser without the prior written consent of Seller. The foregoing notwithstanding, Purchaser shall have the right to assign this Contract to an entity whose decisions are made by Purchaser (or by an entity wholly owned by Purchaser) provided Purchaser owns at least fifty (50%) percent of the economic interests in such entity and provided further that such entity assumes all obligations of Purchaser under this Contract. A transfer, sale or assignment of the majority stock or membership interest in a corporate or limited liability company purchaser or in a corporate or limited liability general partner of a partnership purchaser, or of a general partnership interest in a partnership purchaser, shall constitute an assignment of this Contract, which assignment or attempted assignment shall be void if made without the written consent of Seller. No assignment of this Contract, whether or not permitted, shall be deemed to relieve or release Purchaser from any of its obligations (whether to be performed prior to or after Closing) set forth herein. Seller shall not have the right to assign its interests under this Contract except to entities affiliated with or related to Seller.
Assignment of this Contract. Give careful thought to this. Consider the circumstances on both sides ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .
Assignment of this Contract. This Contract may not be assigned by Purchaser without the prior written consent of Seller, except to an affiliate of Purchaser (a) that is controlled by, or under common control with, Purchaser (which shall include any entity in which Purchaser, or its members or its members’ principals, possess, directly or indirectly, the power to direct or cause the direction of its management and policies, whether through ownership of voting securities or otherwise), or (b) in which Purchaser or an affiliate of Purchaser is a member or principal, so long as in either case any such entity or entities are controlled in whole or part by Purchaser (for itself or together with a co-managing member) and after delivery of written notice thereof to the Seller. Purchaser and any permitted assignee of Purchaser shall execute and deliver to Seller within five (5) days prior to Closing an assignment and assumption agreement whereby Purchaser assigns all of its right, title and interest in, to and under the Contract to such assignee, and such assignee assumes all of Purchaser’s obligations hereunder, without Purchaser being released from such obligations. A direct or indirect transfer, sale or assignment of the majority stock interest in a corporate purchaser or the majority membership interest in a limited liability company purchaser or the majority or any general partnership interest of a partnership purchaser shall constitute an assignment of this Contract, which assignment or attempted assignment shall be void if made without the prior written consent of Seller. No assignment of this Contract shall relieve Purchaser from any of its obligations set forth herein arising prior to or after the effective date of the assignment.
Assignment of this Contract. The Contractor shall not assign or subcontract this Contract without the prior written consent of BHP, which BHP may withhold at its sole discretion.
Assignment of this Contract. 10.6.1 The Contractor shall not assign, transfer, convey, sublet or otherwise dispose of this Contract, or of the Contractor’s power of attorney or otherwise, any of its rights to receive monies due or to become due under this Contract, unless the prior written consent of DSNY shall be obtained. Any such assignment, transfer, convenience, sublease or other disposition without such consent shall be void.
10.6.2 In the event that the Contractor assigns, transfers, conveys, sublets or otherwise disposes of this Contract as specified in Section 10.6.1 above, without the prior written consent of DSNY, DSNY shall revoke and annul this Contract and DSNY shall be relieved and discharged from any and all liability and obligations growing out of this Contract to the Contractor, its assignees, transferees or subleasees shall forfeit and lose all monies theretofore earned under this Contract except so much thereof as may be required to pay the Contractor’s employees.
10.6.3 The provisions of this Section shall not hinder, prevent or affect an assignment by the Contractor for the benefit of its creditors made pursuant to the laws of the State of New York.
10.6.4 This Contract may be assigned by the City to any corporation, agencies or instrumentality having authority to accept such assignment.
