Common use of No Assignment or Sublicensing Clause in Contracts

No Assignment or Sublicensing. The Resident will not transfer, assign, part with, share or otherwise encumber, deal with or dispose of the Unit or the Occupation Right Agreement. However, with the written consent of the Resident, the Operator will accept an instruction to pay the amount payable to the Resident pursuant to clause 18.2 or part thereof to any Government funding authority or other party in relation to any subsidy or other financial assistance provided by the authority or party to the Resident for the payment for monies required to be paid by the Resident pursuant to this Occupation Right Agreement. The Resident shall be entitled to have friends or relatives to stay with the Resident in the Unit for an aggregate total in respect of all guests of 90 days in any period of twelve (12) consecutive months, or for longer periods with the written consent of the Operator, provided that guests comply with all Village rules. All such guests shall only stay in the unit if the Resident is also present unless the Operator has given specific permission for a guest to stay, unaccompanied by the Resident.

Appears in 3 contracts

Samples: Occupation Right Agreement, Occupation Right Agreement, Occupation Right Agreement

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No Assignment or Sublicensing. The Resident will not transfer, assign, transfer assign part with, share or otherwise encumber, deal with or dispose of the Unit or the Occupation Right Agreement. However, with the written consent of the Resident, the Operator will accept an instruction to pay the amount payable to the Resident pursuant to clause 18.2 or part thereof to any Government funding authority or other party in relation to any subsidy or other financial assistance provided by the authority or party to the Resident for the payment for monies required to be paid by the Resident pursuant to this Occupation Right Agreement. The Notwithstanding anything to the contrary in the Occupation Right Agreement the Resident shall be entitled to have friends or relatives to stay with the Resident in the Unit for an aggregate total in respect of all guests of 90 days in any period of twelve (12) consecutive months, months or for longer periods with the written consent of the Operator, provided that guests comply Operator and subject to the due compliance with all Village rulesrules by such invitees. All such guests shall only stay in the unit if the Resident is also present unless the Operator has given specific permission for a guest to stay, unaccompanied by the Resident.

Appears in 1 contract

Samples: Occupation Right Agreement

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