Common use of Non-Transferability of Agreement Clause in Contracts

Non-Transferability of Agreement. a. THE AGREEMENT AND VESSEL OWNER'S RIGHTS HEREUNDER CANNOT BE ASSIGNED OR TRANSFERRED AND ANY ATTEMPT TO DO SO SHALL IMMEDIATELY VOID THIS AGREEMENT. In addition, the Agreement and Vessel Owner's rights hereunder cannot be sub-licensed by Vessel Owner. In the event Vessel Owner sells or parts with possession of the Vessel, the new owner and/or possessor of the Vessel shall have no right to the Dry-Storage Space previously occupied by the Vessel. Vessel Owner understands that he/she is not allowed under the terms of this Agreement to bring any Vessel other than the one described in Attachment A hereto to the Dry-Storage Facility. The Agreement is for the benefit of the Vessel Owner and Vessel together. A new contract must be negotiated if either the Vessel Owner or the Vessel mentioned herein is changed. Vessel Owner shall not represent that the Dry-Storage Space is transferable with the Vessel and shall indemnify, defend and hold Indemnified Parties harmless for any damages resulting from such representation.

Appears in 2 contracts

Samples: Storage License Agreement, Storage License Agreement

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Non-Transferability of Agreement. a. THE AGREEMENT AND VESSEL OWNER'S RIGHTS HEREUNDER CANNOT BE ASSIGNED OR TRANSFERRED AND ANY ATTEMPT TO DO SO SHALL IMMEDIATELY VOID THIS AGREEMENT. In addition, the Agreement and Vessel Owner's rights hereunder cannot be sub-licensed by Vessel Owner. In the event Vessel Owner sells or parts with possession of the Vessel, the new owner and/or possessor of the Vessel shall have no right to the Dry-Storage Space Slip previously occupied by the Vessel. Vessel Owner understands that he/she is not allowed under the terms of this Agreement to bring any Vessel other than the one described in Attachment A hereto to and one dinghy into the Dry-Storage Facilityassigned Slip. The Agreement is for the benefit of the Vessel Owner and Vessel together. A new contract must be negotiated if either the Vessel Owner or the Vessel mentioned herein is changed. Vessel Owner shall not represent that the Dry-Storage Space Slip is transferable with the Vessel and shall indemnify, defend and hold Indemnified Parties harmless for any damages resulting from such representation.

Appears in 2 contracts

Samples: Dana Point Harbor Slip License Agreement, Dana Point Harbor Slip License Agreement

Non-Transferability of Agreement. a. THE AGREEMENT AND VESSEL OWNER'S RIGHTS HEREUNDER CANNOT BE ASSIGNED OR TRANSFERRED AND ANY ATTEMPT TO DO SO SHALL IMMEDIATELY VOID THIS AGREEMENT. In addition, the Agreement and Vessel Owner's rights hereunder cannot be sub-licensed by Vessel Owner. In the event Vessel Owner sells or parts with possession of the Vessel, the new owner and/or possessor of the Vessel shall have no right to the Dry-Storage Space previously occupied by the Vessel. Vessel Xxxxxx Owner understands that he/she is not allowed under the terms of this Agreement to bring any Vessel other than the one described in Attachment A hereto to the Dry-Storage Facility. The Agreement is for the benefit of the Vessel Owner and Vessel together. A new contract must be negotiated if either the Vessel Owner or the Vessel mentioned herein is changed. Vessel Owner shall not represent that the Dry-Storage Space is transferable with the Vessel and shall indemnify, defend and hold Indemnified Parties harmless for any damages resulting from such representation.

Appears in 1 contract

Samples: Storage License Agreement

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Non-Transferability of Agreement. a. THE AGREEMENT AND VESSEL OWNER'S RIGHTS HEREUNDER CANNOT BE ASSIGNED OR TRANSFERRED AND ANY ATTEMPT TO DO SO SHALL IMMEDIATELY VOID THIS AGREEMENT. In addition, the Agreement and Vessel Owner's rights hereunder cannot be sub-licensed by Vessel Owner. In the event Vessel Owner sells or parts with possession of the Vessel, the new owner and/or possessor of the Vessel shall have no right to the Dry-Storage Space Slip previously occupied by the Vessel. Vessel Xxxxxx Owner understands that he/she is not allowed under the terms of this Agreement to bring any Vessel other than the one described in Attachment A hereto to and one dinghy into the Dry-Storage Facilityassigned Slip. The Agreement is for the benefit of the Vessel Owner and Vessel together. A new contract must be negotiated if either the Vessel Owner or the Vessel mentioned herein is changed. Vessel Owner shall not represent that the Dry-Storage Space Slip is transferable with the Vessel and shall indemnify, defend and hold Indemnified Parties harmless for any damages resulting from such representation.

Appears in 1 contract

Samples: Dana Point Harbor Slip License Agreement

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