Common use of Requests for Approval Clause in Contracts

Requests for Approval. Any request by Licensee for approval under this section shall be made in writing at least thirty (30) calendar days before the assignment would occur, and must be accompanied by a full description of the assignment, including copies of relevant documents. The County shall not unreasonably withhold its approval of an assignment or transfer, provided that: (1) immediately prior to the assignment or transfer, the quality of the successor's management staff and the successor's financial condition equal or exceed the quality of Licensee's management staff and Licensee's financial condition; (2) the assignee assumes all of the obligations under this Agreement, and (3) if determined necessary by the County in the reasonable exercise of its sole discretion, Licensee guarantees the performance of the successor under this Agreement.

Appears in 5 contracts

Samples: License Agreement, License and Use Agreement, License Agreement

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