Common use of Restriction on Assignment Clause in Contracts

Restriction on Assignment. Customer will not assign this Agreement, or any right conferred in this Agreement. A change of control of Customer, by stock sale or gift, by merger, by operation of law, by contract, or otherwise, will be deemed an assignment for purposes of this Section. Any purported assignment of this Agreement will be void; the successor entity will not be an authorized FlipBelt customer unless it has (a) submitted a new credit application; and (b) been approved by FLIPBELT, in its sole discretion, as a new customer; and (c) executed an account agreement in the then-current form.

Appears in 3 contracts

Samples: Map Retailer Agreement, Map Retailer Agreement, Map Retailer Agreement

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Restriction on Assignment. Customer will not assign this Agreement, or any right conferred in this Agreement. A change of control of Customer, by stock sale or gift, by merger, by operation of law, by contract, or otherwise, will be deemed an assignment for purposes of this Section. Any purported assignment of this Agreement will be void; the successor entity will not be an authorized FlipBelt customer Customer of the Company unless it has (a) submitted a new credit application; and (b) been approved by FLIPBELTthe Company, in its sole discretion, as a new customer; and (c) executed an account agreement Account Agreement in the then-current form.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

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Restriction on Assignment. Customer will not assign this Agreement, or any right conferred in this Agreement. A change of control of Customer, by stock sale or gift, by merger, by operation of law, by contract, or otherwise, will be deemed an assignment for purposes of this Section. Any purported assignment of this Agreement will be void; the successor entity will not be an authorized FlipBelt NIKE customer unless it has has (a) submitted a new credit application; and (b) been approved by FLIPBELTNIKE in writing, in its sole discretion, as a new customer; and (c) executed an account agreement in the then-current form.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

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