Assignment Permitted Sample Clauses

Assignment Permitted. Neither party may assign or otherwise transfer its rights or obligations under this Agreement except as provided in this section.
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Assignment Permitted. Purchaser may assign this Contract provided the assignee assumes in writing all obligations and liabilities of Purchaser under this Contract, in which event Purchaser shall be relieved of any further liability hereunder.
Assignment Permitted. 3.22.1 Not to assign or transfer the whole of the Demised Premises without the prior written consent of the Landlord such consent not to be unreasonably withheld subject to the terms contained in clauses 3.22.2 to 3.22.9 (inclusive),
Assignment Permitted. The Member may transfer or assign (including as a pledge or other collateral assignment) in whole or in part the Member’s membership interest in the Company.
Assignment Permitted. (a) Either party shall have the right to assign this IC Agreement or any of its rights and privileges hereunder to any other person, firm or corporation subject to the prior express written consent of the other party and The Company.
Assignment Permitted. Notwithstanding the foregoing, provided no Event of Default has occurred and is continuing under the Lease, upon ten (10) days’ prior written notice to Landlord, Tenant may, without Landlord’s consent, assign or transfer this Lease (i) to an entity into which Tenant is merged or consolidated, provided that such merger or consolidation is for a good business purpose and not principally for the purpose of transferring Tenant’s leasehold estate, (ii) to any entity controlling Tenant, controlled by Tenant or under common control with Tenant (a “Tenant Affiliate”), or (iii) to any entity with a total tangible net worth of Two Hundred Fifty Million and No/l00ths Dollars ($250,000,000.00) or more determined by generally accepted accounting principles; and provided that such successor shall execute an instrument in writing, acceptable to Landlord in its reasonable discretion, fully assuming all of the obligations and liabilities imposed upon Tenant hereunder and deliver the same to Landlord. Further, Tenant may allow or permit any transfer of this Lease, or any interest hereunder, by operation of law. 13.3
Assignment Permitted. To the extent necessary, Section 11.08 of the Credit Agreement is hereby amended to permit the transactions contemplated hereby.
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Assignment Permitted. (1) The Landlord may grant its consent to an assignment of the whole of the Premises if the Tenant first makes a written application to the Landlord for consent and the following conditions have been satisfied: (a) the Tenant is not in default under this Lease, other than a default which has been waived by the Landlord or remedied by the Tenant; (b) the Tenant proves to the Landlord's reasonable satisfaction that the incoming tenant is respectable, responsible and solvent and is capable of complying with the Tenant’s obligations under this Lease; (c) the obligations of the incoming tenant are guaranteed in a form and on terms in each case acceptable to the Landlord; (d) the Tenant obtains, at its expense, from the incoming tenant and any incoming guarantor an executed deed, in a form reasonably required by the Landlord; (e) the Tenant pays the Landlord's Costs of considering whether or not to give its consent, whether or not the proposed assignment proceeds; and (f) the Landlord has obtained any consents that it has agreed to endeavour to obtain. (2) Despite any other provision of this Lease, any Law or any Requirement, the Landlord may withhold its consent in its absolute discretion to a sublease of the Premises.
Assignment Permitted. Buyer may assign any or all of its rights, --------------------- and/or delegate any or all of its responsibilities, arising under this Agreement to a corporate entity controlling, controlled by or under common control with Buyer.
Assignment Permitted. Developer may assign the rights under this Agreement to receive DIF Credits to any person or entity which purchases all or a part of the Property in the proportion applicable to the portion of the Property being purchased. All assignments of the right to DIF Credits and reimbursements pursuant to this Article shall be subject to City’s prior written consent, which consent shall not be unreasonably withheld or delayed and shall require that the assignee agree to be bound by all of the terms and provisions of this Agreement.
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