Common use of Non-Assignable Assets Clause in Contracts

Non-Assignable Assets. (a) None of the Key Holder Parties nor the Group Companies shall be required to assign or transfer any Contributed 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 condition (each “Conditional Transfer Asset”), unless and until such consent or approval 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 Parties nor Parties, the Company or the Group Companies shall will be required to assign or transfer any Contributed Asset 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 (each a “Conditional Transfer Non-assignable Asset”), unless and until such consent or approval has shall have been obtained or such condition has been satisfied, or any Non-Transferred Contributed Asset.

Non-Assignable Assets. (a) None of the Key Holder Parties nor Holder, the Contributing Parties, the Company or the Group Companies shall will be required to assign or transfer any Contributed Asset 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 (each a “Conditional Transfer Non-assignable Asset”), unless and until such consent or approval has shall have been obtained or such condition has been satisfied, or any Non-Transferred Contributed Asset.