Common use of Assignment or encumbrance Clause in Contracts

Assignment or encumbrance. Either Party may at any time assign the Agreement (contractsoverneming) or assign or encumber any of its rights thereunder to any of its affiliated companies, provided that such Party remains liable for its obligations under this Agreement. In such an event, the other party undertakes to cooperate to the extent necessary to effect such assignment expeditiously. Other than as provided for in this clause neither Party may assign this Agreement or assign or encumber any of its rights thereunder without the prior written consent of the other Party.

Appears in 2 contracts

Samples: Share Purchase Agreement, Share Purchase Agreement (Blackbaud Inc)

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Assignment or encumbrance. Either Party may at any time assign the Agreement (contractsoverneming) or assign or encumber any of its rights thereunder to any of its affiliated companies, provided that such Party remains liable for its obligations under this Agreement. In such an event, the other party undertakes to cooperate to the extent necessary to effect such assignment expeditiously. Other than as provided for in this clause neither No Party may assign this Agreement (contractsoverneming) or assign or encumber any of its rights thereunder without the prior written consent of the other PartyParties.

Appears in 2 contracts

Samples: Share Subscription Agreement (Pharvaris, B.V.), Share Subscription Agreement (Pharvaris, B.V.)

Assignment or encumbrance. Either Party may at any time assign the Agreement (contractsoverneming) or assign or encumber any of its rights thereunder to any of its affiliated companies, provided that such Party remains liable for its obligations under this Agreement. In such an event, the other party undertakes to cooperate to the extent necessary to effect such assignment expeditiously. Other than as provided for in this clause neither No Party may assign this Agreement (contractsoverneming) or assign or encumber any of its rights thereunder without the prior written consent of the other Partyothers except that the Purchaser may assign this Agreement to a group company.

Appears in 1 contract

Samples: Share Purchase Agreement (Bio Imaging Technologies Inc)

Assignment or encumbrance. Either No Party may at any time assign the this Agreement (contractsoverneming) or assign or encumber any of its rights thereunder to any of its affiliated companies, provided that such Party remains liable for its obligations under this Agreement. In such an event, the other party undertakes to cooperate to the extent necessary to effect such assignment expeditiously. Other than as provided for in this clause neither Party may assign this Agreement or assign or encumber Encumber any of its rights thereunder without the prior written consent of the other PartyParties. If a Party wishes to assign this Agreement to a Party to whom it Transfers all or a portion of its Shares pursuant to a Permitted Transfer in accordance with the terms of this Agreement and provided that such assignment shall only take effect as of and subject to Transfer of these Shares, such consent is hereby provided by each of the other Parties.

Appears in 1 contract

Samples: Shareholder Agreement (Pharvaris, B.V.)

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Assignment or encumbrance. Either No Party may at any time assign the this Agreement (contractsoverneming) or assign or encumber any of its rights thereunder to any of its affiliated companies, provided that such Party remains liable for its obligations under this Agreement. In such an event, the other party undertakes to cooperate to the extent necessary to effect such assignment expeditiously. Other than as provided for in this clause neither Party may assign this Agreement or assign or encumber any of its rights thereunder without (i) the prior written consent of the other PartyParties and (ii) compliance with Clause 11, provided a Shareholder can Transfer its rights to a transferee of Shares in accordance with this Agreement.

Appears in 1 contract

Samples: Shareholders Agreement (LAVA Therapeutics BV)

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