Common use of No Assignment of Agreement Clause in Contracts

No Assignment of Agreement. This Agreement may not be -------------------------- assigned, partitioned, subdivided, pledged, or hypothecated in whole or in part without the express prior written-consent of Executive and the Trust. This Agreement shall not be terminated either by the voluntary or involuntary dissolution or the winding up of the affairs of the Trust, or by any merger or consolidation wherein the Trust is not the surviving entity, or by any transfer of all or substantially all of the Trust's assets on a consolidated basis. In the event of any such merger, consolidation or transfer of assets, the provisions of this Agreement shall be binding upon and shall inure to the benefit of the surviving entity or to the entity to which such assets shall be transferred. (i)

Appears in 1 contract

Samples: Executive Agreement (Federal Realty Investment Trust)

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No Assignment of Agreement. This Agreement may not be -------------------------- assigned, partitioned, subdivided, subdivided pledged, or hypothecated in whole or in part without the express prior written-written consent of the Executive and the TrustCompany. This Agreement shall not be terminated either by the voluntary or involuntary dissolution or the winding up of the affairs of the TrustCompany, or by any merger or consolidation wherein the Trust Company is not the surviving entity, or by any transfer of all or substantially all of the TrustCompany's assets on a consolidated basis. In the event of any such merger, consolidation or transfer of assets, the provisions of this Agreement shall be binding upon and shall inure to the benefit of the surviving entity or to the entity to which such assets shall be transferred. (i).

Appears in 1 contract

Samples: Executive Agreement (QMS Inc)

No Assignment of Agreement. This Executive Agreement may not be -------------------------- assigned, partitioned, subdivided, pledged, or hypothecated in whole or in part without the express prior written-written consent of Executive and the Trust. This Executive Agreement shall not be terminated either by the voluntary or involuntary dissolution or the winding up of the affairs of the Trust, or by any merger or consolidation wherein the Trust is not the surviving entity, or by any transfer of all or substantially all of the Trust's assets on a consolidated basis. In the event of any such merger, consolidation or transfer of assets, the provisions of this Executive Agreement shall be binding upon and shall inure to the benefit of the surviving entity or to the entity to which such assets shall be transferred. (i).

Appears in 1 contract

Samples: Executive Agreement (Federal Realty Investment Trust)

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No Assignment of Agreement. This Agreement may not be -------------------------- assigned, partitioned, subdivided, pledged, or hypothecated in whole or in part without the express prior written-written consent of the Executive and the TrustCompany. This Agreement shall not be terminated either by the voluntary or involuntary dissolution or the winding up of the affairs of the TrustCompany, or by any merger or consolidation wherein the Trust Company is not the surviving entity, or by any transfer of all or substantially all of the TrustCompany's assets on a consolidated basis. In the event of any such merger, consolidation or transfer of assets, the provisions of this Agreement shall be binding upon and shall inure to the benefit of the surviving entity or to the entity to which such assets shall be transferred. (i).

Appears in 1 contract

Samples: Executive Agreement (Staff Leasing Inc)

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