Release of the Authority Sample Clauses

Release of the Authority. No Authority Transfer shall relieve the Authority from any of its obligations under this Non-Relocation Agreement except that the Authority shall be relieved from any obligations arising under this Non-Relocation Agreement on and after the date of an Authority Transfer if, and only if, (i) TeamCo Approves of such Authority Transfer or (ii) TeamCo’s Approval of such Authority Transfer is not required pursuant to Section 5.4 hereof.
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Related to Release of the Authority

  • NOW THIS AGREEMENT WITNESSETH Subject to the context the words and expressions used in this Agreement have the same meanings respectively as they have in and for the purpose of the principal Agreement.

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