Non-transferable rights Sample Clauses

Non-transferable rights. The rights granted to Licensee are non-transferable and that Licensee may not transfer or assign any of its rights hereunder to any third-party;
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Non-transferable rights. Unless we otherwise agree, your rights to access and use of the Hotel’s services and any other rights under these Terms are personal to you and may not be transferred.
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Non-transferable rights. BUYER'S rights under Sections 7.1 or 7.2 are non-transferable and may only be invoked by the BUYER executing this Agreement.
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Non-transferable rights. The rights granted to the Purchaser under Section 7 may not be transferred, assigned or succeeded to except by an affiliate (as defined in Securities Exchange Act of 1934, as amended) of the Purchaser.
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Non-transferable rights. The rights of the Lender Appointing Persons shall not be assignable or transferable to any third party. Any director compensation to be mutually agreed. The Lender Directors have the right to retain separate legal counsel on their behalf, at the expense of the Parent, as they deem necessary. Acquisition Proposals If any Company or any officer thereof has been approached by a potential purchaser or its designee with a proposal to acquire: (i) all or a majority of the capital stock of the Company; or (ii) all or a majority of the assets of the Companies, the Lender Directors shall be provided and have the opportunity to review such proposal and shall have the right to direct Parent and the Board to bring such proposal to the shareholders of Parent, without any recommendation to reject such proposal unless approved by a majority of the Lender Directors, and if so approved by the vote of the shareholders, Parent shall use commercially reasonable efforts to pursue and consummate such transaction and all other shareholders of Parent shall agree to take related actions in order to facilitate such sale. Supermajority Management Matters At all times prior to the Shareholders Agreement Termination Date, Parent shall not, and shall not permit any other Company to, take any of the "Major Actions" set forth on Attachment 1 hereto (each, a "Major Action") unless such Major Action has been expressly approved by the Board, which approval includes a majority of the Lender Directors. The following also shall be subject to the approval of the Board, which approval must include a majority of the Lender Directors:
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Non-transferable rights. Except with the consent of Buyer, no ----------------------- rights of SDI, the Permitted Transferee or DuPont under Sections 9.5 or 9.6 shall be assignable by SDI or the Permitted Transferee or DuPont, and such rights shall terminate with respect to the Hologic Shares upon assignment of such Hologic Shares by SDI, the Permitted Transferee or DuPont; provided, however, that SDI may assign such rights to the Permitted Transferee as provided in Section 12.2, and upon such assignment the Permitted Transferee shall succeed to such rights; and provided further, that SDI or the Permitted Transferee may assign to DuPont such rights which are applicable to the Hologic Shares transferred to DuPont in the DuPont Share Transfer, if any, and upon such assignment DuPont shall succeed to such rights.
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Non-transferable rights. Except with the consent ----------------------- of Buyer, no rights of SDI, any Permitted Transferee, GLS or DuPont under Section 9.5 shall be assignable by SDI or any Permitted Transferee, GLS or DuPont, and such rights shall terminate with respect to the Hologic Shares upon assignment of such Hologic Shares by SDI, the Permitted Transferee, GLS or DuPont; provided, however, that SDI may assign such rights to any Permitted Transferee, GLS may assign such rights to SDI or any Permitted Transferee and any Permitted Transferee may assign such rights to any other Permitted Transferee, each as provided in Section 12.2, and upon such assignment such Permitted Transferee shall succeed to such rights; and provided further, that SDI or any Permitted Transferee may assign to DuPont such rights which are applicable to the Hologic Shares transferred to DuPont in the DuPont Share Transfer, if any, and upon such assignment DuPont shall succeed to such rights.
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Non-transferable rights. Company's rights are not assignable or transferable under this Agreement, nor shall Company hypothecate, pledge, assign, loan or transfer Securities or Investable Funds subject to this Agreement. Notwithstanding the foregoing, in the event of failure of F&M BANK while Company’s funds are invested in Securities pursuant to this Agreement, Company shall have the right to direct disposition of the Securities.
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Related to Non-transferable rights

  • Non-Transferable The Grantee may not transfer this Option except by will or the laws of descent and distribution. This Option shall not be otherwise transferred, assigned, pledged, hypothecated or disposed of in any way, whether by operation of law or otherwise, and shall be exercisable during the Grantee's lifetime only by the Grantee or his guardian or legal representative.

  • Non-Transferability Benefits under this Agreement cannot be sold, transferred, assigned, pledged, attached or encumbered in any manner.

  • Non-Transferability of RSUs Unless otherwise provided by the Committee in its discretion, RSUs may not be sold, assigned, alienated, transferred, pledged, attached or otherwise encumbered except as provided in Section 9(a) of the Plan. Any purported sale, assignment, alienation, transfer, pledge, attachment or other encumbrance of RSUs in violation of the provisions of this Section 6 and Section 9(a) of the Plan shall be void.

  • Non-Transferability of Restricted Stock The Restricted Stock and this Restricted Stock Agreement shall not be transferable.

  • Non-Transferability of Options The Option may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of the Optionee, only by the Optionee.

  • Non-Transferability of Option This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Optionee only by Optionee. The terms of the Plan and this Option Agreement shall be binding upon the executors, administrators, heirs, successors and assigns of the Optionee.

  • Transferability of Registration Rights The registration rights set forth in this Agreement are transferable to each transferee of Registrable Securities. Each subsequent holder of Registrable Securities must consent in writing to be bound by the terms and conditions of this Agreement in order to acquire the rights granted pursuant to this Agreement.

  • Non-Transferability of Award The Award, or any portion thereof, is not transferable except as designated by the Participant by will or by the laws of descent and distribution or pursuant to a domestic relations order. Except as provided in the immediately preceding sentence, the Award shall not be assigned, transferred, pledged, hypothecated or otherwise disposed of by the Participant in any way whether by operation of law or otherwise, and shall not be subject to execution, attachment or similar process. Any attempt at assignment, transfer, pledge, hypothecation or other disposition of the Award contrary to the provisions hereof, or the levy of any attachment or similar process upon the Award, shall be null and void and without effect.

  • Non-Transfers Notwithstanding anything to the contrary contained in this Article 14, (i) an assignment or subletting of all or a portion of the Premises to an affiliate of Tenant (an entity which is controlled by, controls, or is under common control with, Tenant), (ii) an assignment of the Premises to an entity which acquires all or substantially all of the assets or interests (partnership, stock or other) of Tenant, (iii) an assignment of the Premises to an entity which is the resulting entity of a merger or consolidation of Tenant with another entity, or (iv) a sale of corporate shares of capital stock in Tenant in connection with an initial public offering of Tenant’s stock on a nationally-recognized stock exchange (collectively, a “Permitted Transferee”), shall not be deemed a Transfer under this Article 14, provided that (A) Tenant notifies Landlord of any such assignment or sublease and promptly supplies Landlord with any documents or information requested by Landlord regarding such assignment or sublease or such affiliate, (B) such assignment or sublease is not a subterfuge by Tenant to avoid its obligations under this Lease, (C) such Permitted Transferee shall be of a character and reputation consistent with the quality of the Building, and (D) such Permitted Transferee described in subpart (ii) or (iii) above shall have a tangible net worth (not including goodwill as an asset) computed in accordance with generally accepted accounting principles (“Net Worth”) at least equal to the Net Worth of Tenant on the day immediately preceding the effective date of such assignment or sublease. An assignee of Tenant’s entire interest that is also a Permitted Transferee may also be known as a “Permitted Assignee”. “Control,” as used in this Section 14.8, shall mean the ownership, directly or indirectly, of at least fifty-one percent (51%) of the voting securities of, or possession of the right to vote, in the ordinary direction of its affairs, of at least fifty-one percent (51%) of the voting interest in, any person or entity. No such permitted assignment or subletting shall serve to release Tenant from any of its obligations under this Lease.

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