PERSONAL NATURE OF AGREEMENT Sample Clauses

PERSONAL NATURE OF AGREEMENT. 6.1 This Agreement is personal to the Owner and relates to the Vessel described on the front page of this Agreement. It may not be transferred or assigned to a new Owner or to a different Vessel, whether temporarily or permanently, without the express written consent of the Company.
AutoNDA by SimpleDocs
PERSONAL NATURE OF AGREEMENT. This Agreement is personal in nature, and neither you nor the Corporation (except as provided under the caption "Binding on Successors"), without the prior written consent of the other, shall assign or transfer any of its rights, or delegate any of its duties or obligations, except as expressly provided under this caption. Without limiting the generality and effect of the foregoing, your right to receive payments hereunder shall not be assignable or transferable, whether by pledge, creation of a security interest or otherwise, other than by a transfer by will or by the laws of descent and distribution; in no event shall the Corporation have any obligation or liability to recognize or honor any attempted assignment or transfer that is contrary hereto.
PERSONAL NATURE OF AGREEMENT. The parties agree that the rights, obligations and benefits of this Amendment shall be personal to Licensee, and Licensor shall not be required to accept performance from, or render performance to an entity other than Licensee. Pursuant to 11 U.S.C. [SECTION]365 (c) (1) (A) (as it may be amended from time to time, and including any successor to such provision), in the event of the bankruptcy of Licensee, this Amendment may not be assigned or assumed by Licensee, or any successor, and Licensor shall be excused from rendering performance to, or accepting performance from Licensee or any successor.
PERSONAL NATURE OF AGREEMENT. In recognition of the goodwill contributed to the Licensed Marks and Licensed Trade Dress by Licensee prior to the Separation, and the unique nature of Licensee (including without limitation, the quality of the products and services that it provides, its reputation, and its goodwill among its customers), the parties agree that the rights, obligations and benefits of this License Agreement shall be personal to Licensee, and Licensor shall not be required to accept performance from, or render performance to an entity other than Licensee. Pursuant to 11 U.S.C. Section 365 (c) (1) (A) (as it may be amended from time to time, and including any successor to such provision), in the event of the bankruptcy of Licensee, this License Agreement may not be assigned or assumed by Licensee, or any successor, and Licensor shall be excused from rendering performance to, or accepting performance from Licensee or any successor.
PERSONAL NATURE OF AGREEMENT. The Agreement is personal to the Licensee and the Licensee may not assign, pledge, dispose of or otherwise transfer all or any of its rights or benefits under this Agreement without the prior written consent of Licensor. Licensor may, in its sole discretion and without the consent of the Licensee, assign the benefit of, and may delegate any of its duties under, this Agreement. Entire Agreement and variation This Agreement supersedes any arrangements, understandings, promises or agreements made or existing between the parties prior to this Agreement and constitutes the entire understanding between the parties in relation to its subject matter. Except as otherwise provided herein, no addition, amendment to or modification of this Agreement shall be effective unless it is in writing and signed by and on behalf of both parties. Further assurance Each party shall, at the request of the other party and at its own expense, do or procure the doing of all things that may be required to give full effect to this Agreement, including the execution of any documents.
PERSONAL NATURE OF AGREEMENT. Unless otherwise agreed to by the Corporation and Mx. Xxxxxxxx, all of the services hereunder shall be performed by Mx. Xxxxxxxx. This Agreement shall terminate upon the death of Mx. Xxxxxxxx, or the incapacity or disability of Mx. Xxxxxxxx, which substantially affects his ability to act in his performance of the services contemplated hereunder. Neither this Agreement nor any duties or obligations hereunder shall be assignable or subcontracted by Mx. Xxxxxxxx.
PERSONAL NATURE OF AGREEMENT. In recognition of the goodwill contributed to the Licensed Marks and the Transition Logos by Licensee prior to the Separation (as defined in the S&D Agreement), and the unique nature of Licensee (including without limitation the quality of the products and services that it provides, its reputation, and its goodwill among its customers), the Parties agree that the rights, obligations and benefits of this Agreement shall be personal to Licensee, and Licensor shall not be required to accept performance from, or render performance to an entity other than Licensee. Pursuant to 11 U.S.C.Section 365 (c) (1) (A) (as it may be amended from time to time, and including any successor to such provision), in the event of the bankruptcy of Licensee, this Agreement may not be assigned or assumed by any successor of Licensee, and Licensor shall be excused from rendering performance to, or accepting performance from any such successor.
AutoNDA by SimpleDocs
PERSONAL NATURE OF AGREEMENT. This Consulting Agreement is personal in nature and shall terminate upon the death, incapacity or inability of Consultant which substantially affects his ability to perform the services contemplated hereunder. Neither this Consulting Agreement nor any duties or obligations hereunder shall be assignable or subcontracted by Consultant without the prior written consent of the Company.
PERSONAL NATURE OF AGREEMENT. Contractor acknowledges that the rights, duties, and sums payable pursuant to this Agreement are personal to Rxxxxx Xxxxxxxx, and Rxxxxx Xxxxxxxx may not assign and/or sublicense this Agreement or its rights or obligations hereunder to any other party without the written consent of Company.

Related to PERSONAL NATURE OF AGREEMENT

  • Nature of Agreement You understand and agree that this letter agreement is a severance agreement and does not constitute an admission of liability or wrongdoing on the part of the Company.

  • Binding Nature of Agreement This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

  • Execution of Agreement The HSP represents and warrants that:

  • Authorization of Agreement This Agreement has been duly authorized, executed and delivered by the Company.

Time is Money Join Law Insider Premium to draft better contracts faster.