Common use of Non-Assignable Except to Certain Affiliates Clause in Contracts

Non-Assignable Except to Certain Affiliates. This Agreement shall be non-assignable by the parties hereto, except that a party may assign its rights and obligations to any subsidiary of, or any company under common control with, such party, provided that:

Appears in 9 contracts

Samples: Broker Dealer and General Agent (Equitable Financial Life Insurance Co of America), Broker Dealer and General Agent (Equitable America Variable Account No.70A), Broker Dealer and General Agent (Separate Account a of Axa Equitable Life Insurance Co)

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Non-Assignable Except to Certain Affiliates. This Agreement shall be non-assignable by the parties hereto, except that a party may assign its rights and obligations to any subsidiary ofan Affiliate, a successor pursuant to a merger, reorganization, consolidation or any company under common control withsale, such an entity that acquires all or substantially all of a party’s assets or business applicable to this Agreement, provided that:

Appears in 1 contract

Samples: Broker Dealer and General Agent (Axa Equitable Life Insurance Co)

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