PERSONAL NATURE OF AGREEMENT Sample Clauses

PERSONAL NATURE OF AGREEMENT. 7.1 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. 7.2 Within 7 days of any agreement for the sale, transfer or mortgage of a Vessel subject to this Agreement the Owner shall notify the Company in writing of the name, address and telephone numbers of the Purchaser, Transferee or Mortgagee, as the case may be. 7.3 In the event that the Owner sells/transfers the ownership of the Vessel during the term of this Agreement, whereby the new owner wishes to berth the Vessel at the Harbour, the Company will not unreasonably refuse a new owner a berthing contract on terms to be agreed with the new Owner, subject to all accounts being settled in relation to the Vessel up to the date of transfer.
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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.
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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.
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PERSONAL NATURE OF AGREEMENT. In recognition of the goodwill contributed to the Licensed Marks and the Transition Logos 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 Agreement shall be personal to Licensee, and Licensor shall not 5 10 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.
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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. 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. 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.
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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.
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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.
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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.
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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.
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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.

  • Structure of Agreement The Trust is entering into this Agreement solely on behalf of the Fund or Funds named herein individually and not jointly. Notwithstanding any to the contrary in this Agreement, no breach of any term of this Agreement shall create a right or obligation with respect to any series of the Trust other than the Fund; (b) under no circumstances shall the Adviser have the right to set off claims relating to the Fund by applying property of any other series of the Trust; and (c) the business and contractual relationships created by this Agreement, consideration for entering into this Agreement, and the consequences of such relationship and consideration relate solely to the Trust and the Fund.

  • 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: (a) it has the full power and authority to enter into this Agreement; and (b) it has taken all necessary actions to authorize the execution of this Agreement.

  • Voluntary Nature of Agreement Executive acknowledges and agrees that Executive is executing this Agreement voluntarily and without any duress or undue influence by the Company or anyone else. Executive further acknowledges and agrees that Executive has carefully read this Agreement and that Executive has asked any questions needed for Executive to understand the terms, consequences and binding effect of this Agreement and fully understands it, including that EXECUTIVE IS

  • Execution of Agreements The Purchasers shall have executed this Agreement and delivered this Agreement to the Company.

  • Implementation of Agreement Each Party must promptly execute all documents and do all such acts and things as is necessary or desirable to implement and give full effect to the provisions of this Agreement.

  • Publication of Agreement Under SOPPA, the School District must publish the Company’s name and business address, a copy of the Agreement and this Addendum, and a list of any subcontractors to whom School District Data may be disclosed. The Company agrees to provide to the School District prior to execution of the Agreement and this Addendum the name, business address, and list of subcontractors to be published. The Company acknowledges that if there are provisions of the Agreement other than those required to be included in the Agreement and this Addendum by SOPPA that the Company would like redacted before publication, the Company must submit a request in writing to the School District prior to execution of the Agreement and this Addendum. Only if the School District agrees to such redaction prior to the execution of the Agreement and this Addendum shall the redaction be made prior to publication.

  • Promotion of Agreement It is agreed that Vendor will encourage all eligible entities to purchase from the TIPS Program. Encouraging entities to purchase directly from the Vendor and not through TIPS Agreement is a violation of the terms and conditions of this Agreement and will result in removal of the Vendor from the TIPS Program.

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

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