Common use of Right of Assignment Clause in Contracts

Right of Assignment. This Agreement shall be binding upon and inure to the benefit of the Lessor and the Lessee. The Lessor may assign its rights, duties and obligations under this Agreement to the permitted assignee(s). Additionally, with the prior written consent of the Lessee, not to be unreasonably withheld, the Lessor may assign its rights, duties and obligations under this Agreement to a qualified third party. This Agreement, the Lessor's rights hereunder, or the obligations hereby described are not assignable by the Lessor except as provided in Section 8.2, or transferable except by written mutual agreement of the parties hereto.

Appears in 8 contracts

Samples: Master Lease Agreement, Master Lease Agreement, Master Lease Agreement

AutoNDA by SimpleDocs

Right of Assignment. This Agreement shall be binding upon and inure to the benefit of the Lessor and the Lessee. The Lessor may assign its rights, duties and obligations under this Agreement to the permitted assignee(s). XX Xxxxxx Xxxxx Bank, NA or XX Xxxxxx Chase & Co. Additionally, with the prior written consent of the Lessee, not to be unreasonably withheld, the Lessor may assign its rights, duties and obligations under this Agreement to a qualified third party. This Agreement, the Lessor's rights hereunder, or the obligations hereby described are not assignable by the Lessor except as provided in Section 8.2, or transferable except by written mutual agreement of the parties hereto.

Appears in 1 contract

Samples: Master Lease Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!