No Assignment by Xxxxxxx. Grantee shall not, either directly or indirectly, assign, transfer, hypothecate, subcontract or delegate all or any portion of this Agreement or any rights, duties or obligations of Grantee hereunder without the prior written consent of City. This Agreement shall not, nor shall any interest herein, be assignable as to the interest of Grantee involuntarily or by operation of law without the prior written consent of City. A change of ownership or control of Grantee or a sale or transfer of substantially all of the assets of Grantee shall be deemed an assignment for purposes of this Agreement.
Appears in 35 contracts
Samples: Grant Agreement, Grant Agreement, Grant Agreement
No Assignment by Xxxxxxx. Grantee shall not, either directly or indirectly, assign, transfer, hypothecate, subcontract subcontract, or delegate all or any portion of this Agreement or any rights, duties duties, or obligations of Grantee hereunder without the prior written consent of City. This Agreement shall not, nor shall any interest herein, be assignable as to the interest of Grantee involuntarily or by operation of law without the prior written consent of City. A change of ownership or control of Grantee or a sale or transfer of substantially all of the assets of Grantee shall be deemed an assignment for purposes of this Agreement. Grantee/Owner shall satisfy the conditions of the Declaration of Deed Restrictions, if applicable, before City consents to any assignment.
Appears in 1 contract
Samples: Grant Agreement