Except for Permitted Transfers Sample Clauses

The "Except for Permitted Transfers" clause defines an exception to general restrictions on transferring rights or interests under an agreement. It specifies that while transfers are generally prohibited, certain types of transfers—such as those to affiliates, successors, or as otherwise expressly allowed—are permitted without breaching the contract. This clause provides flexibility for parties to make specific, pre-approved transfers while maintaining overall control and predictability over who may assume contractual rights or obligations, thereby balancing the need for restriction with practical business needs.