DEFAULT, ASSIGNMENT, AND TERMINATION Sample Clauses

DEFAULT, ASSIGNMENT, AND TERMINATION. Subleasing or Assigning as Breach
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DEFAULT, ASSIGNMENT, AND TERMINATION. Section 8.01: Subleasing or Assigning as Breach Lessee shall not encumber, assign or otherwise transfer this lease, any right or interest in this lease, or any right or interest in the Premises or any of the improvements that may now or hereafter be constructed or installed on the Premises without the express written consent of Lessor first obtained. Neither shall Lessee sublet the Premises or any part thereof or allow any other person, other than Lessee's patrons, agents, servants, and employees to occupy the Premises or any part thereof without the prior written consent of Lessor. A consent by Lessxx xx one assignment, one subletting or one occupation of the Premises by another person shall not be deemed to be a consent to any subsequent assignment, subletting or occupation of the Premises by another person. Any encumbrance, assignment, transfer or subletting without the prior written consent of Lessor, whether it be voluntary or involuntary, by operation of law or otherwise, is void and shall, at the option of Lessor, terminate this lease. The consent of Lessor to any assignment of Lessxx'x xnterest in this lease or the subletting by Lessee of the Premises or parts of the Premises shall not be unreasonably withheld. Notwithstanding the above, Lessee may assign or sublease the Premises, or portions thereof, to a subsidiary, affiliate or parent of Lessee. Such permitted assignment shall not relieve Lessee from any liability under this lease. Lessor must respond to written notices from Lessee under the terms of this section within thirty (30) days, else consent of Lessor will conclusively deemed to have been given. Lessxx xxxo agrees to exempt from this assignment clause the Lessee's duty to obtain Lessxx'x xpproval for mergers, consolidations, takeovers and sales of the business. Transfers or assignments of this lease, the Premises of the improvements thereon rising from such mergers, consolidations, takeovers or sales of the business will not constitute a breach under the terms of this section.
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DEFAULT, ASSIGNMENT, AND TERMINATION. Section 9.01. Transfer of Assignment: at coverage levels specified by UCSD Risk Management Office. AS/GSA may not assign, or otherwise transfer this Agreement, or any right or interest in dispense this Agreement, or any right obligation by requiring such coverage to use said Space or any of the improvements that may now or hereafter be constructed or installed on said Space without the express written consent of Centers. Any assignment or transfer, without provided by their Vendor but the prior written consent of Centers, whether it be voluntary or involuntary, failure to do so will constitute a default under this Agreement by operation AS/GSA and be grounds for termination of law or otherwise, is void the Vendor's lease and shall, this Agreement.
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DEFAULT, ASSIGNMENT, AND TERMINATION 
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Related to DEFAULT, ASSIGNMENT, AND TERMINATION

  • Assignment and Termination This Agreement shall not be assignable by any party except to successors to all or substantially all of the business of either party for any reason whatsoever without the prior written consent of the other party, which consent may be arbitrarily withheld by the party whose consent is required.

  • Default and Termination A. In the event of substantial failure by PROVIDER to perform in accordance with the terms hereof, A&M System may terminate this Agreement upon fifteen (15) days written notice of termination setting forth the nature of the failure (the termination shall not be effective if the failure is fully cured prior to the end of the fifteen-day period), provided that said failure is through no fault of A&M System.

  • Amendment and Termination; Waiver Subject to the terms of the Plan, this Agreement may be amended or terminated only by the written agreement of the parties hereto. The waiver by BB&T of a breach of any provision of the Agreement by the Participant shall not operate or be construed as a waiver of any subsequent breach by the Participant. Notwithstanding the foregoing, the Administrator shall have unilateral authority to amend the Plan and this Agreement (without Participant consent) to the extent necessary to comply with applicable law or changes to applicable law (including but in no way limited to Section 409A and federal securities laws), and the Participant hereby consents to any such amendments to the Plan and this Agreement.

  • COMMENCEMENT AND TERMINATION 10.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein.

  • Modification and Termination No agreement to modify, amend, extend, supersede, terminate, or discharge this Settlement Agreement, or any portion thereof, is valid or enforceable unless it is in writing and signed by all Parties to this Settlement Agreement.

  • TERM, MODIFICATION AND TERMINATION OF AGREEMENT This Agreement with respect to the Fund shall continue in effect until the expiration date set forth on Schedule A (the “Expiration Date”). With regard to the Operating Expense Limits, the Trust’s Board of Trustees and the Adviser may terminate or modify this Agreement prior to the Expiration Date only by mutual written consent. This Agreement shall terminate automatically upon the termination of the Advisory Agreement; provided, however, that the obligation of the Trust to reimburse the Adviser with respect to a Fund shall survive the termination of this Agreement unless the Trust and the Adviser agree otherwise.

  • Effective Date and Termination of Agreement This Agreement shall become effective on January 1, 2018 and unless terminated sooner it shall continue in effect until April 30, 2018. It may thereafter be continued from year to year only with the approval of a majority of those trustees of the Fund who are not “interested persons” of the Fund (as defined in the 0000 Xxx) and have no direct or indirect financial interest in the operation of this Agreement or any agreement related to it (the “Independent Trustees”). This Agreement may be terminated as to the Fund as a whole or any class of shares individually at any time by vote of a majority of the Independent Trustees. The Investment Adviser may terminate this agreement upon sixty (60) days’ prior written notice to the Fund.

  • Amendment and Termination of Agreement (a) We may amend any provision of this Agreement by giving you written notice of the amendment. Either party to this Agreement may terminate the Agreement without cause by giving the other party at least thirty (30) days' written notice of its intention to terminate. This Agreement will terminate automatically in the event of its assignment (as defined in the 1940 Act).

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