Common use of Non-Assignable Assets Clause in Contracts

Non-Assignable Assets. (a) None of the Key Holder, the Key Holder Parties, the Company or the Group Companies will be required to transfer any Contributed Assets which by its terms or by Law is not assignable or transferable without the consent or approval of any Governmental Authority or other third party or satisfaction of any other condition or is cancelable by a third party in the event of an assignment or transfer (a “Non-assignable Asset”), unless and until such consent or approval shall have been obtained or condition satisfied.

Non-Assignable Assets. (a) None of the Key Holder, the Key Holder Parties, the Company or Parties nor the Group Companies will shall be required to assign or transfer any Contributed Assets Asset which by its terms or by Law is not assignable or transferable without the consent or approval of any Governmental Authority or other third party or satisfaction of any other condition or is cancelable by a third party in the event of an assignment or transfer (a each “Non-assignable Conditional Transfer Asset”), unless and until such consent or approval shall have has been obtained or such condition has been satisfied, or any Non-Transferred Contributed Asset.

Non-Assignable Assets. (a) None of the Key Holder, the Key Holder Contributing Parties, the Company or the Group Companies will be required to transfer any Contributed Assets which by its terms or by Law is not assignable or transferable without the consent or approval of any Governmental Authority or other third party or satisfaction of any other condition or is cancelable by a third party in the event of an assignment or transfer (a “Non-assignable Asset”), unless and until such consent or approval shall have been obtained or condition satisfied.