No Assignment without City Consent Sample Clauses

No Assignment without City Consent. Rights granted to Licensee hereunder may not be assigned, transferred, sold, or disposed of by Licensee without the prior written consent of City. Notwithstanding the foregoing, this Agreement and/or any permits may be sold, assigned or transferred by Licensee, without advance notice to or the consent of City, to (i) any entity in which Licensee holds a controlling or similar interest; (ii) any entity which holds a controlling equity or similar interest in Licensee; or (iii) any entity under common control with Licensee, all of which are referred to herein as “affiliated entities.” Licensee shall provide written notice to the City within thirty (30) days of Licensee completing a transaction with an affiliated entity. Prior to this Agreement and/or any permits being sold, assigned or transferred by Licensee to a non-affiliated entity, Licensee must notify the City and obtain prior written consent from the City in the event any entity wishes to acquire all or substantially all of Licensee’s assets in the market defined by the FCC in which the subject facilities are located by reason of a merger, acquisition or other business reorganization, and agrees to comply with federal, state, and local laws.
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No Assignment without City Consent. The Operating Agreement and the Operator's rights or obligations under it shall not be assignable, or pledged as security for any debt, by Operator except at the discretion of the City. An assignment of the Operating Agreement shall be deemed to occur in the event Operator transfers 50% or more of its ownership.
No Assignment without City Consent. This Agreement may be assigned by TRG to a firm, corporation, limited liability company or other entity completely controlled by TRG. Any other transfer or assignment by TRG shall be made with the City’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Any sale of the project by TRG shall require assignment of this Agreement to the purchaser of the project and upon such sale TRG shall not be entitled to any future disbursements under this Agreement.
No Assignment without City Consent. Assignment to a non-related entity requires prior consent by the City of El Paso Proposed Amendments

Related to No Assignment without City Consent

  • No Assignment Without Consent This Charter shall not be assigned by either party without mutual written consent.

  • NO ASSIGNMENT WITHOUT PERMISSION Other than in connection with a sale of all or substantially all of its competitive electric supply business, Competitive Supplier shall not assign its rights and privileges under this Agreement without the prior written approval of the Town. Such approval may by denied at the reasonable discretion of the Town if it determines that the proposed assignee does not have at least the same financial ability, experience, and qualifications as the assigning Competitive Supplier. Notwithstanding the foregoing, the Town may not unreasonably withhold its consent to an assignment to an affiliated entity under common control or management with Competitive Supplier or Competitive Supplier’s corporate parent that has the financial ability, qualifications, and experience to fulfill all obligations of Competitive Supplier under this Agreement, and which agrees, in writing to be bound by the terms and conditions of this Agreement. By making any assignment under this Article, Competitive Supplier shall be deemed to have represented and warranted to the Town that the assignee possesses such financial ability, qualifications, and experience. The Town may assign this Agreement without the prior consent of Competitive Supplier provided that the proposed assignee has at least the same creditworthiness as the Town and such assignment would not in any way impair the rights and interests of Competitive Supplier under this Agreement. The rights and obligations created by this Agreement shall inure to the benefit of, and be binding upon, the successors and permitted assigns of, the respective Parties hereto.

  • Assignment Without Prior Consent If the Interconnection Agreement between the Wholesale Market Participant and the Transmission Owner, as referenced in section 3.1.4 herein, provides that such Interconnection Agreement may be assigned, and such Interconnection Agreement was assigned, then the Wholesale Market Participant may assign its rights or delegate its duties under this WMPA without the Transmission Owner’s or Transmission Provider’s prior consent to any Affiliate or person that purchases or otherwise acquires, directly or indirectly, all of the Participant Facility, provided that prior to the effective date of any such assignment: (1) the assignee shall demonstrate that, as of the effective date of the assignment, the assignee has the technical and operational competence to comply with the requirements of this WMPA; and (2) in writing to the Transmission Owner and Transmission Provider, assignee assumes all rights, duties, and obligations of Wholesale Market Participant arising under this WMPA. However, any assignment described herein shall not relieve or discharge the Wholesale Market Participant from any of its obligations hereunder absent the written consent of the Transmission Provider, such consent not to be unreasonably withheld, conditioned or delayed.

  • NO ASSIGNMENT/NOMINATION 17.1 The Purchaser shall not without the written consent of the Bank, be entitled to nominate a third party to be the purchaser or assignee of the Property nor shall the Purchaser be entitled to assign his rights, title, interest and benefits under the Contract of Sale to any party. 17.2 The Bank’s decision to withhold or to grant the consent or to permit or disallow nomination and/or assignment by the Purchaser shall be at the absolute discretion of the Bank.

  • No Assignment This Agreement may not be assigned by any Party hereto except with the prior written consent of the other Parties.

  • No Assignment or Transfer Notwithstanding anything to the contrary in this Award Agreement, neither this Award Agreement nor any rights granted herein shall be assignable by the Participant. Neither this Award Agreement nor any rights granted herein shall be transferable by the Participant in any circumstances, except on the death of the Participant.

  • No Assignments The rights and obligations under this Agreement shall not be assignable.

  • No Assignment or Delegation No party may assign any right or delegate any obligation hereunder, including by merger, consolidation, operation of law, or otherwise, without the written consent of the other party. Any purported assignment or delegation without such consent shall be void, in addition to constituting a material breach of this Agreement.

  • No Assignment to Natural Persons No such assignment shall be made to a natural person.

  • TERMINATION; NO ASSIGNMENT (a) This Agreement may be terminated by the Trust on behalf of the Fund at any time without payment of any penalty, by the Board of Trustees or by vote of a majority of the outstanding voting securities of the Fund, upon sixty (60) days’ written notice to the Advisor, and by the Advisor upon sixty (60) days’ written notice to the Fund. In the event of a termination, the Advisor shall cooperate in the orderly transfer of the Fund’s affairs and, at the request of the Board of Trustees, transfer any and all books and records of the Fund maintained by the Advisor on behalf of the Fund. (b) This Agreement shall terminate automatically in the event of any transfer or assignment thereof, as defined in the Investment Company Act.

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