Prohibition of Transfer. 16.1 Either party may transfer rights and obligations arising from this contract only with the written consent of the other party.
Prohibition of Transfer. Notwithstanding the foregoing provisions of this Section 2, the Company may prohibit transfers of the Shares to the extent it may do so under the laws of the State of Nevada. If the Company desires to prohibit the Stockholder from transferring any Offered Shares to a Proposed Transferee pursuant to Section 2(c), it shall give to the Stockholder written notice of such prohibition within twenty (20) days of the date of the related Offer to the Company pursuant to Section 2(a). If the Company delivers such a notice to the Stockholder with respect to any proposed transfer of Offered Shares to a Proposed Transferee, the Stockholder shall not be entitled to transfer the Offered Shares covered by such notice to the Proposed Transferee.
Prohibition of Transfer. No Stock Option granted hereunder may be sold, assigned, transferred, pledged or in any way hypothecated or alienated, voluntarily, involuntarily or by operation of law.
Prohibition of Transfer. The Client must not transfer its rights and obligations arising out of his management system(s) certification unless CVI gives written permission. 14 –
Prohibition of Transfer. Except pursuant to Section 11. or as described below in this Section 10., a Partner shall not, in any transaction or series of transactions, directly or indirectly, (i) sell, assign or otherwise in any manner dispose of all or any part of its Interest (such term, as used in this Section 10.1., including any Profits Interest), whether by act, deed, merger or otherwise (any of the foregoing, as referred to in this Section 10., a "transfer"), or (ii) mortgage, pledge or create a lien or security interest upon all or any part of its Interest; provided, however, that notwithstanding this Section 10.1., a General Partner may transfer all or any portion of its Interest to its Affiliated Limited Partner and a Limited Partner may transfer all or any portion of its Interest to its Affiliated General Partner. Any attempt by a Partner to transfer all or a portion of its Interest in violation of this Agreement shall be void ab initio and shall not be effective to transfer such Interest or any portion thereof.
Prohibition of Transfer. (a) Xxxxxxxx represents, agrees and acknowledges that:
(i) Development of real property is a highly complex activity which requires substantial knowledge of law and business conditions and practices, and an ability to control, coordinate and schedule the many factors affecting such development. Experience, financial stability, managerial ability and a good reputation in the business community enhance a developer’s ability to obtain market rents (or maximum permissible rents pursuant to the Regulatory Agreements) and/or sales prices (if applicable) and to induce cooperation in scheduling and are taken into account by Bondowner Representative in approving loan applications.
(ii) Xxxxxxxx has represented to Bondowner Representative, not only in the representations and warranties contained in the Loan Documents, but also in its initial credit application and in all of the negotiations connected with the Loan, certain facts concerning Xxxxxxxx’s financial stability, managerial and operational ability, reputation, skill, and creditworthiness. Bondowner Representative has relied upon these representations and warranties as a substantial and material consideration in its decision to enter into this Loan Agreement.
(iii) The conditions and terms provided in this Loan Agreement were induced by these representations and warranties and would not have been made available by Bondowner Representative in the absence of these representations and warranties.
(iv) Borrower’s financial stability and managerial and operational ability and that of those persons or entities having a direct or beneficial interest in Borrower are a substantial and material consideration to any third parties who have entered or will enter into agreements with Borrower.
(v) Bondowner Representative has relied upon the skills and services offered by such third parties and the provision of such skills and services is jeopardized if Borrower breaches its covenants contained below regarding transfers.
(vi) Except as otherwise permitted under Section 11.19(b), a transfer of possession of or title to the Property, or a change in the person or entity operating, developing, constructing or managing the Property would substantially increase the risk of Default under the Loan Documents and significantly and materially impair and reduce Bondowner Representative’s security for the obligations under this Loan Agreement.
(b) In consideration of Bondowner Representative’s induced reliance on such representations, ...
Prohibition of Transfer. 9.1 The Company may not transfer the booking from one named Delegate to another without the prior written consent of the Organisers. The provisions of clause 6 will apply where a Delegate named on a booking form does not attend the Event. The Organisers reserve the right to refuse passage and attendance to the Event to a replacement individual who is not the named Delegate where consent has not been given in accordance with the provisions of this clause.
Prohibition of Transfer. Any rights and obligations on this agreement are unassignable until getting written consent from each Party.
Prohibition of Transfer. The parties agree to prohibit the sale, assignment or transfer to any title of the rights and obligations that correspond to each of them in this contract, unless you observe what is stated below:
Prohibition of Transfer. Except as provided below, Tenant shall not assign, mortgage, pledge or encumber the Property or Tenant's leasehold estate, or otherwise transfer any interest in the Property, without the prior written consent of Landlord. Any attempted transfer without such consent, where required, shall be null and void and, at the option of Landlord, will be deemed a default under this Lease. Notwithstanding the above, Tenant shall have the right, without Landlord's further consent, to assign or otherwise transfer its interest under this Lease to any person or entity acquiring all or substantially all of the assets of Tenant or to any person or entity controlled by, controlling or under common control with Tenant and to sublet to or allow the use of all or any portion of the Property by third parties, subject to the other terms and conditions of this Lease; provided that, so long as a lienholder or security interest holder, or its successor or assigns, holds any lien or security interest in the Landlord's interest in the Property, this Lease or the rents accruing hereunder, which lien or security interest documentation requires such lienholder's approval or consent to any encumbrance, transfer or assignment of Tenant's interest under this Lease, Tenant shall not encumber, assign or transfer its interest in this Lease without the express, prior written consent of such lienholder. In the event that during the term of this Lease, as it may be renewed or extended, any person hereafter holding both the Landlord's and Tenant's interest in the Property, this Lease shall not be deemed to have merged into the fee so long as any lienholder of a lien to which Tenant's interest in this Lease has been subordinated, or its successor or assigns, holds any lien or security interest in this Lease or the rents accruing hereunder, without the express, prior written consent of such lienholder.
