Assumption; Assignment Sample Clauses

Assumption; Assignment. If the trustee or the debtor-in-possession has assumed this Lease, under the terms of Section 27(A) or (B), and elects to assign Lessee's interest under this Lease or the estate created by that interest to any other person or entity, that interest or estate may be assigned only if Lessor acknowledges in writing that the intended assignee has provided Adequate Assurance of Future Performance (as hereinbelow defined in Section 27(E)), of all of the terms, covenants, and conditions of this Lease to be performed by Lessee, specifically including, but not limited to, the continuing Permitted Use of the Leased Premises.
AutoNDA by SimpleDocs
Assumption; Assignment. The covenants and provisions of this Master Agreement are binding upon and inure to the benefit of the successors and assigns of the parties hereto. Notwithstanding the preceding sentence, a Party may neither assign nor transfer any rights or obligations under this Master Agreement without the prior written consent of the other Parties. There are no third party beneficiaries of this Master Agreement.
Assumption; Assignment. This Note shall be binding upon and inure to the benefit of the Company and the Holder and their respective successors and assigns, except that (1) neither the Holder nor the Company may assign or transfer any of its rights or obligations under this Note without the prior written consent of the other party (except that the Holder may assign or transfer any of its rights or obligations to its Affiliates without the prior written consent of the Company), which consent may not be unreasonably withheld and (2) the Holder may not sell or transfer this Note or the shares of Common Stock issuable upon conversion of the Note except in conformity with the requirements of the legend on the first page of this Note. Prior to the consummation of any Change of Control, the Company shall secure from any person purchasing the Company’s assets or Common Stock or any successor resulting from such Change of Control (in each case, an “Acquirer”) a written agreement by the Acquirer to assume the obligations under this Note or deliver to the Holder a security of the Acquirer evidenced by a written instrument substantially similar in form and substance to the Note, including, without limitation, having a principal amount and interest rate equal to the principal amounts and the interest rate of the Note. Any purported assignment or transfer in breach of this Section 10 shall be of no force and effect.

Related to Assumption; Assignment

  • Non-Assignment This Agreement shall not be assigned by either party without the written consent of the other party.

  • Assumption Agreement Seller shall have received from Buyer an Assumption Agreement, in substance and form satisfactory to Seller, under which Buyer shall have assumed the Assumed Liabilities.

  • Modification; Assignment No amendment or other modification, rescission, release, or assignment of any part of this Agreement shall be effective except pursuant to a written agreement subscribed by the duly authorized representatives of the parties hereto.

  • Assumption Agreements In the event that any assumption agreement or substitution of liability agreement is entered into with respect to any Mortgage Loan subject to this Agreement in accordance with the terms and provisions of the Pooling and Servicing Agreement, the Master Servicer shall notify the Custodian that such assumption or substitution agreement has been completed by forwarding to the Custodian the original of such assumption or substitution agreement, which copy shall be added to the related Custodial File and, for all purposes, shall be considered a part of such Custodial File to the same extent as all other documents and instruments constituting parts thereof.

  • Delegation; Assignment PFPC Trust may assign its rights and delegate its duties hereunder to any affiliate of PFPC Trust or of The PNC Financial Services Group, Inc., provided that PFPC Trust gives the Fund 30 days' prior written notice of such assignment or delegation.

  • Amendment; Assignment This Agreement may be amended, superseded, canceled, renewed or extended, and the terms hereof may be waived, only by a written instrument signed by authorized representatives of the parties or, in the case of a waiver, by an authorized representative of the party waiving compliance. No such written instrument shall be effective unless it expressly recites that it is intended to amend, supersede, cancel, renew or extend this Agreement or to waive compliance with one or more of the terms hereof, as the case may be. Except for the Management Stockholder’s right to assign his or her rights under Section 4(a) or the Company’s right to assign its rights under Section 4(b), no party to this Agreement may assign any of its rights or obligations under this Agreement without the prior written consent of the other parties hereto.

  • Termination; Assignment This Agreement may be terminated by either party at any time upon the provision of ninety days prior written notice thereof to the other. Any such termination, however, will not affect the Company’s ongoing obligations to make payments to NCPS in accordance with the terms hereunder. Both parties acknowledge that the duties and obligations provided for herein are personal in nature and agree that neither this Agreement nor any of such duties or obligations may be assigned by either party without the express written consent of the other, except that NCPS may assign its rights and obligations under this contract to an affiliated broker-dealer with Company’s prior written consent. This provision specifically does not prevent or enjoin NCPS from entering into any licensing, syndication, or selling agreement as described in Section 3 with the Company’s prior written consent.

  • Deed; Xxxx of Sale; Assignment To the extent required and permitted by applicable law, this Agreement shall also constitute a “deed,” “xxxx of sale” or “assignment” of the assets and interests referenced herein.

  • Lease Assignment To the best of Seller's knowledge, the ------------------ Tenant has not assigned its interest in the Lease or sublet any portion of the premises leased to the Tenant under the Lease.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!