Common use of Assignments and Encumbrances Clause in Contracts

Assignments and Encumbrances. 8.1 Licensee shall not, in any manner, directly or indirectly, by operation of law or otherwise, assign, transfer or encumber this License, or any portion thereof or any interest therein, nor shall Licensee license or otherwise authorize the use of, in whole or in part, the rights granted by this License, without the prior written consent of the Board. Any attempts to assign, transfer or encumber this License, or any licensing or authorizing the use of, in whole or in part, the rights granted by this License, shall be void and shall confer no right, title or interest in or to this License, upon any such assignee, transferee, or encumbrancer. Consent to one assignment, transfer, or encumbrance shall not be deemed to be a consent to any subsequent assignment, transfer or encumbrance. This License shall not, nor shall any interest therein, be assignable as to the interest of Licensee by operation of law without the prior written consent of Board. 8.2 When proper consent has been given by the Board, the provisions of this License shall be binding upon, and shall inure to the benefit of, the heir(s), successor(s), executor(s), administrator(s) and assign(s) of the parties hereto.

Assignments and Encumbrances. 8.1 Licensee 10.1 Operator shall not, in any manner, directly or indirectly, by operation of law or otherwise, manner assign, transfer or encumber this LicenseAgreement, or any portion thereof or any interest therein, nor shall Licensee Operator license or otherwise authorize the use of, in whole or in part, the rights granted by this LicenseAgreement, without the prior written consent of the Board. Any attempts to assign, transfer or encumber this LicenseAgreement, or any licensing or authorizing the use of, in whole or in part, the rights granted by this LicenseAgreement, shall be void and shall confer no right, title or interest in or to this LicenseAgreement, upon any such assignee, transferee, or encumbrancer. Consent to one assignment, transfer, or encumbrance shall not be deemed to be a consent LAX First Flight Child Development Center Agreement 20 Children’s Creative Learning Centers LLC. 09-28-15 to any subsequent assignment, transfer or encumbrance. This License Agreement shall not, nor shall any interest therein, be assignable as to the interest of Licensee Operator by operation of law without the prior written consent of Board. 8.2 10.2 When proper consent has been given by the Board, the provisions of this License Agreement shall be binding upon, and shall inure to the benefit of, the heir(s), successor(s), executor(s), administrator(s) and assign(s) of the parties hereto.

Assignments and Encumbrances. 8.1 Licensee shall not, in any manner, directly or indirectly, by operation of law or otherwise, manner assign, transfer or encumber this License, or any portion thereof or any interest therein, nor shall Licensee license or otherwise authorize the use of, in whole or in part, the rights granted by this License, without the prior written consent of the BoardChief Executive Officer. Any attempts to assign, transfer or encumber this License, or any licensing or authorizing the use of, in whole or in part, the rights granted by this License, shall be void and shall confer no right, title or interest in or to this License, upon any such assignee, transferee, or encumbrancer. Consent to one assignment, transfer, or encumbrance shall not be deemed to be a consent to any subsequent assignment, transfer or encumbrance. This License shall not, nor shall any interest therein, be assignable as to the interest of Licensee by operation of law without the prior written consent of Board. Any change in the majority ownership of or the power to vote the majority of outstanding capital stock of the Licensee is subject to the requirements herein. 8.2 When proper consent has been given by the Board, the provisions of this License shall be binding upon, and shall inure to the benefit of, the heir(s), successor(s), executor(s), administrator(s) and assign(s) of the parties hereto.