ASSIGNMENT OR SURRENDER OF LICENSES Sample Clauses

ASSIGNMENT OR SURRENDER OF LICENSES. Licensee may elect to assign the Licenses to a Person qualified to hold the Channels subject to the following conditions: (i) to the extent FCC Rules do not preclude Clearwire from exercising consent rights, Licensee shall obtain Clearwire's consent to the assignment, such consent not to be unreasonably withheld, delayed or conditioned (it being agreed by the Parties that it would be reasonable for Clearwire to withhold its consent if Licensee proposes to assign the Channels to a Person that is engaged in building, operating, managing, or distributing wireless broadband services on a commercial basis); (ii) the assignee shall assume in writing the rights and obligations of Licensee under this Agreement and the Services Agreement; and (iii) to the extent FCC Rules do not preclude Clearwire from exercising a ROFR with respect to the assignment of the Licenses, the assignment of the Licenses shall be subject to Clearwire's ROFR described in Section 4(c). If Clearwire exercises such ROFR, Licensee shall assign the Licenses to an FCC-qualified Person designated by Clearwire who will assume the Licenses and Licensee's obligations under this Agreement and the Services Agreement (a "SUCCESSOR LICENSEE"); provided however, that such Successor Licensee must be able to assume the Licenses and all of Licensee's obligations with respect thereto, within one hundred twenty (120) days of being so designated by Clearwire ("SUCCESSOR LICENSEE CONDITIONS"). If Licensee elects to discontinue EBS operations and surrender one or more of its Licenses or Channels to the FCC, such election shall be subject to the following: (i) Licensee shall notify Clearwire upon making such decision; and (ii) if requested by Clearwire within thirty (30) days of Licensee's notification to Clearwire, Licensee shall assign the License(s) for the affected Channels to a Successor Licensee that meets the Successor Licensee Conditions. Licensee, any Successor Licensee, and Clearwire shall cooperate in filing with the FCC any and all documents necessary to assign the License(s) to a Successor Licensee and obtain FCC consent to such assignment. [***].
Sample 1
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Related to ASSIGNMENT OR SURRENDER OF LICENSES

  • Assignment of Licenses and Permits Assign or transfer any of its interest in any Permits pertaining to any Mortgaged Property, or assign, transfer or remove or permit any other Person to assign, transfer or remove any records pertaining to any Mortgaged Property.

  • Termination of Licenses In the event of a termination of this Agreement by COMPANY pursuant to Article 9.2. 9.3 or 9.4 or by SELEXIS pursuant to Article 9.2 or 9.3, all and any rights and licenses granted under this Agreement shall terminate upon termination of this Agreement, except for the licenses which have become perpetual pursuant to Article 3.1.3.

  • Transfer of Licenses Lessee shall use reasonable efforts (i) to transfer to Lessor or Lessor’s nominee all licenses, operating permits and other governmental authorizations and all contracts, including contracts with governmental or quasi-governmental entities, that may be necessary for the operation of the Hotel (collectively, “Licenses”), or (ii) if such transfer is prohibited by law or Lessor otherwise elects, to cooperate with Lessor or Lessor’s nominee in connection with the processing by Lessor or Lessor’s nominee of any applications for, all Licenses; provided, in either case, that the costs and expenses of any such transfer or the processing of any such application shall be paid by Lessor or Lessor’s nominee.

  • Termination of License Upon the expiration or earlier termination of this Agreement (or of a Licensee’s rights to use the Citi Marks hereunder, in which case the following provisions of this Section 6.02 shall apply only with respect to such Licensee):

  • Assignment of Agreements Each applicable Borrower shall have executed and delivered to Lender the Assignments of Agreements, and the Assignments of Agreements shall, to the extent prudent pursuant to local practice, have been irrevocably delivered to an authorized title agent for the Title Insurer for such recordation in the appropriate filing offices in the jurisdiction in which the applicable Individual Property is located.

  • Assignment of Rights Borrower acknowledges and understands that Agent or Lender may, subject to Section 11.7, sell and assign all or part of its interest hereunder and under the Loan Documents to any Person or entity (an “Assignee”). After such assignment the term “Agent” or “Lender” as used in the Loan Documents shall mean and include such Assignee, and such Assignee shall be vested with all rights, powers and remedies of Agent and Lender hereunder with respect to the interest so assigned; but with respect to any such interest not so transferred, Agent and Lender shall retain all rights, powers and remedies hereby given. No such assignment by Agent or Lender shall relieve Borrower of any of its obligations hereunder. Lender agrees that in the event of any transfer by it of the Note(s)(if any), it will endorse thereon a notation as to the portion of the principal of the Note(s), which shall have been paid at the time of such transfer and as to the date to which interest shall have been last paid thereon.

  • Amendment or Assignment of Agreement Any amendment to this Agreement shall be in writing signed by the parties hereto; PROVIDED, that no such amendment shall be effective unless authorized (i) by resolution of the Trustees of the Trust, including the vote or written consent of a majority of the Trustees of the Trust who are not parties to this Agreement or interested persons of either party hereto, and (ii) by vote of a majority of the outstanding voting securities of the Fund affected by such amendment as required by applicable law. This Agreement shall terminate automatically and immediately in the event of its assignment.

  • Assignment of Agreement The following conditions must be satisfied in order to effectuate any assignment of this Agreement:

  • Assignment of Rights and Obligations (a) Without Owners’ prior written consent, Managing Agent shall not sell, transfer, assign or otherwise dispose of or mortgage, hypothecate or otherwise encumber or permit or suffer any encumbrance of all or any part of its rights and obligations hereunder, and any transfer, encumbrance or other disposition of an interest herein made or attempted in violation of this paragraph shall be void and ineffective, and shall not be binding upon Owners. Notwithstanding the foregoing, Managing Agent may assign its rights and delegate its obligations under this Agreement to any subsidiary of Parent so long as such subsidiary is then and remains Controlled by Parent.

  • Binding Effect; No Assignment or Delegation This Pledge Agreement shall be binding upon and inure to the benefit of the Pledgor, the Pledgee and their respective successors and assigns, except that the Pledgor may not assign or transfer its rights hereunder without the prior written consent of the Pledgee (which consent shall not unreasonably be withheld). Each duty or obligation of the Pledgor to the Pledgee pursuant to the provisions of this Pledge Agreement shall be performed in favor of any person or entity designated by the Pledgee, and any duty or obligation of the Pledgee to the Pledgor may be performed by any other person or entity designated by the Pledgee.

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