No Assignment by Either Party Sample Clauses

No Assignment by Either Party. This Agreement may not be assigned by either party without the prior written approval of the other party. Notwithstanding the foregoing and subject to Section 2.3, each party may assign this Agreement to any purchaser of all or substantially all of its assets or to any successor corporation resulting from any merger or consolidation of such party with or into such corporation.
Sample 1
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No Assignment by Either Party. Neither the Borrower nor the Lender may assign or otherwise transfer any of its rights or obligations under this Agreement without the prior written consent of the other Party.
Sample 1
No Assignment by Either Party. Except as provided in Section 6 above, this Payment Guaranty shall not be assigned or assignable by any party without the prior written consent of the other parties hereto; provided, that the Concessionaire may assign this Payment Guaranty to any Transferee approved by the Authority and Guarantor in accordance with Section 17.1 of the Concession Agreement, and the Concessionaire shall have the right, at its sole cost and expense, to grant one or more Concession Mortgages, subject to and in accordance with Article 18 of the Concession Agreement; provided further, that each Concession Mortgagee, Guarantor and the Concessionaire shall enter into a consent agreement in a form reasonably acceptable to all parties whereby all parties consent to the assignment by the Concessionaire of the benefits of this Payment Guaranty to an agent in connection with the financing of the Concession Mortgage; provided that such consent agreement shall be in a customary form and shall include the rights and protections provided to the Concession Mortgagee in the Concession Agreement. Nothing herein shall obligate Guarantor to consent to service of process, become subject to any legal process in any jurisdiction other than in the Commonwealth, or enter into any agreement inconsistent with the terms of this Payment Guaranty or not governed by the laws of the Commonwealth.
Sample 1

Related to No Assignment by Either Party

  • No Assignment by Executive Executive warrants and represents that no portion of any of the matters released herein, and no portion of any recovery or settlement to which Executive might be entitled, has been assigned or transferred to any other person, firm or corporation not a party to this Agreement, in any manner, including by way of subrogation or operation of law or otherwise. If any claim, action, demand or suit should be made or instituted against the Company or any other Releasee because of any actual assignment, subrogation or transfer by Executive, Executive agrees to indemnify and hold harmless the Company and all other Releasees against such claim, action, suit or demand, including necessary expenses of investigation, attorneys’ fees and costs. In the event of Executive’s death, this Agreement shall inure to the benefit of Executive and Executive’s executors, administrators, heirs, distributees, devisees, and legatees. None of Executive’s rights or obligations may be assigned or transferred by Executive, other than Executive’s rights to payments hereunder, which may be transferred only upon Executive’s death by will or operation of law.

  • No Assignment by Borrower The Borrower shall not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of each of the Lenders.

  • Assignment by Executive This Agreement shall inure to the benefit of and be enforceable by the Executive's executor and/or administrators, heirs, devisees, and legatees. If the Executive should die while any amount would be payable to Executive hereunder had the Executive continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's estate. Executive's rights hereunder shall not otherwise be assignable.

  • Assignment by Purchaser The Purchaser shall have the right, without the consent of the Company but subject to the limit set forth in Section 2.02 hereof, to assign, in whole or in part, its interest under this Agreement with respect to some or all of the Mortgage Loans, and designate any person to exercise any rights of the Purchaser hereunder, by executing an Assignment and Assumption Agreement and the assignee or designee shall accede to the rights and obligations hereunder of the Purchaser with respect to such Mortgage Loans. All references to the Purchaser in this Agreement shall be deemed to include its assignee or designee.

  • Assignment by Assignor Effective as of the Closing, Assignor hereby transfers and assigns to Assignee the Intangible Property and the Permits and Entitlements.

  • Assignment by Owner 51 Section 12.11

  • Assignment by Buyer Buyer shall have the right to assign this Agreement to any third party or parties and no consent on the part of Seller shall be required for such assignment, provided however, that any such assignment shall not relieve Buyer of its liabilities and obligations hereunder.

  • Assignment by Seller The Seller shall have the right, upon notice to but without the consent of the Servicer, to assign, in whole or in part (but exclusive of the Servicer’s rights and obligations as owner of the servicing rights relating to the Mortgage Loans), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement. All references to the Seller in this Agreement shall be deemed to include its assignee or designee and any subsequent assignee or designee, specifically including the Trustee.

  • Assignment by Company The Company may assign its rights under this Agreement to an affiliate, and an affiliate may assign its rights under this Agreement to another affiliate of the Company or to the Company; provided, however, that no assignment shall be made if the net worth of the assignee is less than the net worth of the Company at the time of assignment. In the case of any such assignment, the term "Company" when used in a section of this Agreement shall mean the corporation that actually employs the Employee.

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