Benefits Non-transferable Sample Clauses

Benefits Non-transferable. Notwithstanding anything to the contrary contained elsewhere in this Agreement or in any other Closing Document, the obligation of Neon to effect the Registration and, thereafter, to maintain the effectiveness of the Registration Statement is solely for the benefit of Exelon and, subject to Section 1(m), its Permitted Transferees.
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Benefits Non-transferable. Subject to Section 9(h) of this Agreement, notwithstanding anything to the contrary contained elsewhere in this Agreement or in any other Transaction Document, the obligation of Manugistics Group to effect the Registration and thereafter to maintain the effectiveness of the Registration Statement is solely for the benefit of IRI.
Sample 1
Benefits Non-transferable. Notwithstanding anything to the contrary contained elsewhere in this Agreement or in any other Transaction Document, the obligation of Manugistics to effect the First Registration and the Second Registration and, thereafter, to maintain the effectiveness of each Registration Statement is solely for the benefit of each Holder.
Sample 1
Benefits Non-transferable. Notwithstanding anything to the contrary contained elsewhere in this Agreement or in any other Closing Document, the obligation of Neon to effect the Registration and, thereafter, to maintain the effectiveness of the Registration Statement is solely for the benefit of Mode 1 and, subject to Section 1(g), its Permitted Transferees.
Sample 1
Benefits Non-transferable. Notwithstanding anything to the contrary contained elsewhere in this Agreement or in any other Transaction Document, the obligation of Manugistics to effect the Registrations and, thereafter, to maintain the effectiveness of the Registration Statements is solely for the benefit of Seller (and any trust set up pursuant to Section 10(n) of the Asset Purchase Agreement).
Sample 1
Benefits Non-transferable. No person other than a PARTICIPANT, as recorded in the office of the HEALTH PLAN, is entitled to BENEFITS under this CONTRACT. The SUBSCRIBER or any of his or her DEPENDENTS who assigns or transfers their rights under the CONTRACT, aids any other person in obtaining BENEFITS or knowingly presents or causes to be presented a false or fraudulent claim shall be guilty of a Class A misdemeanor as prescribed under Wis. Stat. § 943.395, and subject to the penalties set forth under Wis. Stat. § 939.51 (3) (a).
Sample 1

Related to Benefits Non-transferable

  • Non-Transferable The Grantee may not transfer this Option except by will or the laws of descent and distribution. This Option shall not be otherwise transferred, assigned, pledged, hypothecated or disposed of in any way, whether by operation of law or otherwise, and shall be exercisable during the Grantee's lifetime only by the Grantee or his guardian or legal representative.

  • Non-Transferability of RSUs Unless otherwise provided by the Committee in its discretion, RSUs may not be sold, assigned, alienated, transferred, pledged, attached or otherwise encumbered except as provided in Section 9(a) of the Plan. Any purported sale, assignment, alienation, transfer, pledge, attachment or other encumbrance of RSUs in violation of the provisions of this Section 6 and Section 9(a) of the Plan shall be void.

  • Options Not Transferable The Options may not be transferred, assigned, pledged or hypothecated in any manner (whether by operation of law or otherwise) other than by will, by applicable laws of descent and distribution or, in the case of a Non-Qualified Stock Option, pursuant to a qualified domestic relations order, and shall not be subject to execution, attachment or similar process; provided, however, that if the Options represent a Non-Qualified Stock Option, such Option is transferable without payment of consideration to immediate family members of the Optionee or to trusts or partnerships established exclusively for the benefit of the Optionee and Optionee’s immediate family members. Upon any attempt to transfer, pledge, hypothecate or otherwise dispose of any Option or of any right or privilege conferred by the Plan contrary to the provisions thereof, or upon the sale, levy or attachment or similar process upon the rights and privileges conferred by the Plan, such Option shall thereupon terminate and become null and void.

  • Non-Transferability Benefits under this Agreement cannot be sold, transferred, assigned, pledged, attached or encumbered in any manner.

  • Option Nontransferable Optionee may not transfer or assign all or any part of the Option other than by will or by the laws of descent and distribution. This Option may be exercised, during the lifetime of Optionee, only by Optionee, or in the event of Optionee’s legal incapacity, by Optionee’s guardian or legal representative acting on behalf of Optionee in a fiduciary capacity under state law and court supervision.

  • Non-Transferability of Award The Award, or any portion thereof, is not transferable except as designated by the Participant by will or by the laws of descent and distribution or pursuant to a domestic relations order. Except as provided in the immediately preceding sentence, the Award shall not be assigned, transferred, pledged, hypothecated or otherwise disposed of by the Participant in any way whether by operation of law or otherwise, and shall not be subject to execution, attachment or similar process. Any attempt at assignment, transfer, pledge, hypothecation or other disposition of the Award contrary to the provisions hereof, or the levy of any attachment or similar process upon the Award, shall be null and void and without effect.

  • Non-Transferability of Options The Option may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of the Optionee, only by the Optionee.

  • Non-Transferability of Option This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

  • Not Transferable 14.1 This Agreement is not transferable to any other party.

  • Rights Not Transferable The rights of the Company Securityholders under this Agreement as of immediately prior to the Effective Time are personal to each such Company Securityholder and shall not be transferable for any reason, other than by operation of law, will or the laws of descent and distribution without action taken by or on behalf of such Company Securityholder. Any attempted transfer of such right by any holder thereof (other than as permitted by the immediately preceding sentence) shall be null and void.

Most Referenced Clauses

Most Referenced Definitions