LICENCE TO ASSIGN Sample Clauses

LICENCE TO ASSIGN. The Landlord permits the Tenant to assign the Lease to the Assignee on the terms of this Licence. The Assignee must: starting on the Assignment Date comply with all of the Tenant’s Obligations throughout the remainder of the Term; and not occupy the Premises before the Assignment Date. [The Assignee must: procure the registration of the Assignment by HM Land Registry as soon as reasonably practicable after the Assignment Date; and within one month of completion of the registration of the Assignment, produce to the Landlord’s solicitors an official copy of the register of title showing the Assignee as the registered proprietor of the Lease.]5 [The Assignee must: procure the first registration of the Lease by HM Land Registry as soon as reasonably practicable after the Assignment Date; not submit to HM Land Registry any plan of the Premises (other than a plan attached to the Lease) without the prior written approval of the Landlord; and within one month of completion of the registration of the Lease, produce to the Landlord’s solicitors an official copy of the register of title and of the title plan showing the Assignee as the registered proprietor of the Lease.]6
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LICENCE TO ASSIGN. This Schedule 7 Part A (Xxxxx Street) applies to the Xxxxx Street Property in relation to which the Consent must be obtained in order that it may be properly and lawfully assigned or transferred to Sentrum Construction.
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LICENCE TO ASSIGN. 3.1 The Landlord permits the Tenant to assign the Lease to the Assignee on the terms of this Licence.
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LICENCE TO ASSIGN. (1) This clause applies to each Leasehold Part in relation to which the Consent must be obtained in order that it may be effectually and lawfully assigned or transferred to the Buyer. (2) The Seller and the Buyer shall each use reasonable endeavours to obtain the Consent as soon as possible, but the Seller may not be required to make any payment, charge any assets, enter into any commitment, give any guarantee or provide any security. If the Consent is not granted within three months of the application for Consent being made, the Seller will at the reasonable request and at the joint equal cost of the Buyer and the Seller commence proceedings, including (without limitation), proceedings for a declaration that the Consent is being unreasonably withheld provided that the Buyer shall provide reasonable security for its share of the costs prior to commencement of proceedings if reasonably required by the Seller. (3) The Buyer shall: (a) supply promptly to the Seller such information, including accounts for the last three years and references, as may reasonably be required by the Landlord or any superior landlord in connection with the application for the Consent; (b) comply with all reasonable requirements which, by the terms of the Superior Lease or any superior lease, the Landlord or any superior landlord is entitled to impose on a prospective assignee of the Superior Lease as a condition of granting the Consent; (c) if reasonably required by the Landlord or by any superior landlord as a condition of granting the Consent, covenant directly with the Landlord to pay the Rents and to observe and perform the Lease Obligations and with each superior landlord to observe and perform the covenants on the part of the tenant (other than the covenant to pay rent) and the conditions contained in the relevant superior lease; (d) if reasonably required by the Landlord as a condition of granting the Consent, provide such reasonable security for payment of the Rents and observance and performance of the Lease Obligations as the Landlord may reasonably require (including, without limitation reasonable, guarantees and rent deposits). (4) If the Consent has not been obtained by twelve months from the Completion Date notwithstanding that the Buyer has taken all reasonable steps to obtain the Consent, including court proceedings, at any time after that date the Buyer shall have the right, at its option, to either: (a) simultaneously complete the purchase of the part of the Prope...
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LICENCE TO ASSIGN. In consideration of the covenants by the Assignee [and] the Tenant [and] [the Guarantor] contained in this Licence the Landlord grants to the Tenant licence to assign all the Tenant's estate and interest in the Lease to the Assignee upon the terms and conditions set out in this Licence.
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LICENCE TO ASSIGN a licence to assign the Lease dated [DATE] and made between [PARTIES].
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LICENCE TO ASSIGN. In consideration of the covenants on the part of the Assignee contained in this Licence the Landlord and the Superior Landlord’s hereby grant to the Tenant licence to assign to the Assignee the whole of the Property for the residue of the Term.
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LICENCE TO ASSIGN. (1) This paragraph applies to any Property in relation to which the consent of the landlord or other third party must be obtained in order that it may be effectually and lawfully transferred or assigned to the Purchaser. For the purpose of this paragraph, a Property held under a Lease containing an absolute prohibition against assignment shall be deemed to be a Property in relation to which such consent is required. (2) The Seller shall, in all cases at the joint cost of the Seller and the Purchaser and in consultation with the Purchaser, use reasonable endeavours to obtain the consent as soon as possible, including applying to the court for a declaration that the landlord is withholding or delaying consent unreasonably, (if the Seller and Purchaser agree (each acting reasonably) that such an application should be made), shall keep the Purchaser informed on a weekly basis of the progress of the application for the consent and shall supply a copy of the consent when obtained. (3) The Purchaser shall support the Seller's application for the consent and supply such information and references as may be lawfully required by the landlord or other third party as a condition of giving the consent and shall enter into such covenants and provisions as any landlord or other third party may lawfully require and shall be obliged to procure the giving of any guarantee by any third party or to deposit any money with the landlord or any other person as security for compliance with the tenant's obligations in the lease if the same is properly required by the landlord or such third party pursuant to the terms of any particular lease and if such guarantee is to be provided then the indemnity covenant given by the assignee of the lease to the assignor shall also be guaranteed by such guarantor. (4) If the consent has not been obtained by Completion: (a) the Property shall be treated as severed from the remainder of the Properties (unless the Seller and the Purchaser otherwise agree in writing); and (b) the contractual date for completion in relation to the Property shall be postponed to the tenth business/working day after the earliest of: (i) the consent having been obtained; (ii) if a declaration has been made by a court of competent jurisdiction that the consent is being unreasonably withheld, the period for making an appeal against that declaration expiring without an appeal being made; or (iii) the Purchaser giving notice that it wishes to complete the purchase even thou...
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LICENCE TO ASSIGN. The Landlord has agreed (at the request of the Tenant) to grant a licence to the Tenant to assign its estate and interest in the Demised Premises to { } of { } ("the Assignee") subject to: -------------- --------------------- 1.4.1 the Tenant and the Assignee entering into a formal licence in the form required by the Landlord; and the Tenant entering into this Authorised Guarantee Agreement
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Related to LICENCE TO ASSIGN

  • Exception to Assignments I understand that the provisions of this Agreement requiring assignment of Inventions to the Company do not apply to any invention which qualifies fully under the provisions of California Labor Code Section 2870 (attached hereto as Exhibit B). I will advise the Company promptly in writing of any inventions that I believe meet the criteria in California Labor Code Section 2870 and not otherwise disclosed on Exhibit A.

  • Authorization; No Breach (i) This Agreement constitutes a valid and binding obligation of the Purchaser, enforceable in accordance with its terms, subject to bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other laws of general applicability relating to or affecting creditors’ rights and to general equitable principles (whether considered in a proceeding in equity or law). (ii) The execution and delivery by the Purchaser of this Agreement and the fulfillment of and compliance with the terms hereof by the Purchaser does not and shall not as of each Closing Date conflict with or result in a breach by the Purchaser of the terms, conditions or provisions of any agreement, instrument, order, judgment or decree to which the Purchaser is subject.

  • Agreement Not Assignable This Agreement will inure to the benefit of the parties and their respective successors and assigns; Adviser may not, however, assign (as that term is defined in the Advisers Act) this Agreement without Client’s consent.

  • Right to Assign Each Lender may sell, transfer, negotiate or assign (a “Sale”) all or a portion of its rights and obligations hereunder (including all or a portion of its Commitments and its rights and obligations with respect to Loans and Letters of Credit) to (i) any existing Lender (other than a Non-Funding Lender or Impacted Lender), (ii) any Affiliate or Approved Fund of any existing Lender (other than a Non-Funding Lender or Impacted Lender) or (iii) any other Person (other than the Borrower and its Subsidiaries, a natural Person or, so long as no Event of Default is then continuing, a Disqualified Institution) with the prior written consent (which consent shall not be unreasonably withheld or delayed, except in connection with a proposed assignment to any Disqualified Institution) of the Administrative Agent, and, as long as no Event of Default is continuing, the prior written consent of the Borrower, and, in the case of any Sale of a Revolving Loan, Letter of Credit or Revolving Loan Commitment, the Revolver Agent and each L/C Issuer that is a Lender (which such consent of L/C Issuer and the Borrower shall be deemed to have been given unless an objection is delivered to the Administrative Agent within ten (10) Business Days after notice of a proposed Sale is delivered to the Borrower) (each of the Persons described in clauses (i), (ii) and (iii) being called herein an “Eligible Assignee”); provided, however, that (w) such Sales do not have to be ratable between the Revolving Loan and the Term Loan but must be ratable among the obligations owing to and owed by such Lender with respect to the Revolving Loans or the Term Loan, (x) for each Loan, the aggregate outstanding principal amount (determined as of the effective date of the applicable Assignment) of the Loans, Commitments and Letter of Credit Obligations subject to any such Sale shall be in a minimum amount of $1,000,000, unless such Sale is made to an existing Lender or an Affiliate or Approved Fund of any existing Lender, is of the assignor’s (together with its Affiliates and Approved Funds) entire interest in such facility or is made with the prior written consent of the Borrower (to the extent Borrower’s consent is otherwise required) and the Administrative Agent and, in the case of any Sale of a Revolving Loan, Letter of Credit or Revolving Loan Commitment, the Revolver Agent, (y) interest accrued, prior to and through the date of any such Sale may not be assigned, and (z) such Sales by Lenders who are Non-Funding Lenders due to clause (a) of the definition of Non-Funding Lender shall be subject to the Administrative Agent’s prior written consent in all instances, unless in connection with such sale, such Non-Funding Lender cures, or causes the cure of, its Non-Funding Lender status as contemplated in subsection 1.11(e)(v). The Administrative Agent’s refusal to accept a Sale to a Credit Party, a holder of other Indebtedness of a Credit Party or an Affiliate of such a holder, or to a Person that would be a Non-Funding or Impacted Lender, or the imposition of conditions or limitations (including limitations on voting) upon Sales to such Persons, shall not be deemed to be unreasonable. In no event shall any Lender Sell any Loan or Commitment to Borrower or any Subsidiary thereof and any such purported Sale shall be null and void.

  • No Assignment or Delegation No party may assign any right or delegate any obligation hereunder, including by merger, consolidation, operation of law, or otherwise, without the written consent of the other party. Any purported assignment or delegation without such consent shall be void, in addition to constituting a material breach of this Agreement.

  • Consent to Assignment The Assignor hereby irrevocably assigns the Agreement in all respects to the Assignee and the Assignee accepts the assignment thereof in all respects.

  • Assignment; Delegation The Contract shall be binding upon and ensure to the benefit of the City and the Contractor and their respective successors and assigns, provided however, that no right or interest in the Contract shall be assigned and no obligation shall be delegated by the Contractor without the prior written consent of the City. Any attempted assignment or delegation by the Contractor shall be void unless made in conformity with this paragraph. The Contract is not intended to confer rights or benefits on any person, firm or entity not a party hereto; it being the intention of the parties that there are no third party beneficiaries to the Contract.

  • Delegation to Affiliates The Borrower and the Lenders agree that the Administrative Agent may delegate any of its duties under this Agreement to any of its Affiliates. Any such Affiliate (and such Affiliate’s directors, officers, agents and employees) which performs duties in connection with this Agreement shall be entitled to the same benefits of the indemnification, waiver and other protective provisions to which the Administrative Agent is entitled under Articles IX and X.

  • No Delegation The Asset Representations Reviewer may not delegate or subcontract its obligations under this Agreement to any Person without the consent of the Issuer, the Sponsor and the Servicer.

  • NO ASSIGNMENT WITHOUT PERMISSION Other than in connection with a sale of all or substantially all of its competitive electric supply business, Competitive Supplier shall not assign its rights and privileges under this Agreement without the prior written approval of the Town. Such approval may by denied at the reasonable discretion of the Town if it determines that the proposed assignee does not have at least the same financial ability, experience, and qualifications as the assigning Competitive Supplier. Notwithstanding the foregoing, the Town may not unreasonably withhold its consent to an assignment to an affiliated entity under common control or management with Competitive Supplier or Competitive Supplier’s corporate parent that has the financial ability, qualifications, and experience to fulfill all obligations of Competitive Supplier under this Agreement, and which agrees, in writing to be bound by the terms and conditions of this Agreement. By making any assignment under this Article, Competitive Supplier shall be deemed to have represented and warranted to the Town that the assignee possesses such financial ability, qualifications, and experience. The Town may assign this Agreement without the prior consent of Competitive Supplier provided that the proposed assignee has at least the same creditworthiness as the Town and such assignment would not in any way impair the rights and interests of Competitive Supplier under this Agreement. The rights and obligations created by this Agreement shall inure to the benefit of, and be binding upon, the successors and permitted assigns of, the respective Parties hereto.

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