Right to Assign Agreement. The Agreement will bind and inure to the benefit of each party and their permitted successors and assigns. You may not assign the Agreement without our written consent, except that you may, upon prompt written notice to us, assign the Agreement in connection with a merger, reorganization, or sale of your assets or equity, to your successor. If you assign or transfer the Agreement to a competitor of ours, we may terminate the Agreement upon written notice. Any attempt to transfer or assign the Agreement in violation of this Agreement will be null and void. b.
Right to Assign Agreement. Buyer shall assign its rights under this Agreement to a single purpose entity which may be a subsidiary of Buyer or Lexington Corporate Properties, The LCP Group, East Wellx Xxxporation or Net 2 L.P. without the consent of
Right to Assign Agreement. Except as expressly permitted herein, the parties hereto expressly agree that no obligation or right to receive performance under this Agreement shall be assignable or otherwise transferable by either party to this Agreement, except upon the prior written consent of the other party to such assignment or transfer. Notwithstanding the foregoing, such consent shall not be required where (i) either party assigns this agreement to an affiliate of such party, provided such assigning party shall not be relieved of its obligations hereunder, and (ii) either party assigns this agreement to any purchaser of all or substantially all of the assets of such party.
Right to Assign Agreement. This Agreement and the terms and provisions hereof shall inure to the benefit of and be binding upon the Parties hereto and their respective successors and assigns. Developer may at any time, assign all of its right, title, interest and obligations in and to this Agreement to a special purpose affiliate of Developer created by Developer solely for the development of the Project in accordance with the Project Plan, provided that the Developer notifies the City in writing prior to the transfer of title, and further providing that the City funds shall be paid to the special purpose affiliate and the special purpose affiliate shall assume and be liable for all of the obligations of the "Developer" under this Agreement, including without limitation, the indemnification obligations, and shall be for all purposes under this Agreement the “Developer”, and further provides that the Developer shall remain secondarily obligated. The Developer's right to assign the Agreement to a third party (not a special purpose affiliate) and be released from the obligations hereof are contingent on: 1) there being no uncured breach of this Agreement at the time of assignment; 2) the written acknowledgment of the assignee that it takes title subject to the obligations of this Agreement; 3) the written undertaking of the assignee to be bound by the obligations and terms of this Agreement; 4) the written consent of a construction or permanent financing institution, if applicable; and 5) any payments to be made by the City pursuant to this Agreement shall be made to the assignee from and after the effective date of the Assignment. City cannot assign its interest in the parking deck or any rights or obligations relating thereto without Developer’s prior written approval.
Right to Assign Agreement. You may not assign this Agreement without the prior written consent of ARTIST AGENCY. ARTIST AGENCY may assign this Agreement.
