Common use of Licensee’s Assignment Clause in Contracts

Licensee’s Assignment. This License Agreement shall inure to the benefit of and be binding upon each of the parties hereto and their respective successors and permitted assignees. It may not be assigned by Licensee in whole or in part except with the prior consent of Licensing Company, which consent shall not be unreasonably withheld when assigned in whole to an Affiliate of Licensee, given in writing and executed by a duly authorized representative of Licensing Company.

Licensee’s Assignment. This License Agreement shall inure to the benefit of and be binding upon each of the parties hereto and their respective successors and permitted assignees. It may not be assigned by Licensee in whole or in part except with the prior consent of Licensing Company, which consent shall not be unreasonably withheld when assigned in whole to an Affiliate of Licensee, given in writing and executed by a duly authorized representative of Licensing Company.. Reference Copy