RIGHTS OF ASSIGNMENT. Notwithstanding any other provision in this contract, and subject to any limitations of state or federal law, in the event that we merge or consolidate with another corporation or entity, or do business with another entity under another name, or transfer this contract to another corporation or entity, this contract shall remain in full force and effect, and bind the subscriber and the successor corporation or other entity. We agree to guarantee that all transferred obligations will be performed by the successor corporation or entity according to the terms and conditions of this contract. In consideration for this guarantee, the subscriber consents to the transfer of this contract to such corporation or entity. Right of Recovery We have the right to recover amounts we paid that exceed the amount for which we are liable. Such amounts may be recovered from the subscriber or any other payee, including a provider. Or, such amounts may be deducted from future benefits of the subscriber or any of their dependents (even if the original payment was not made on that member's behalf) when the future benefits would otherwise have been paid directly to the subscriber or to a provider that does not have a contract with us. In addition, if this contract is voided as described in Intentionally False or Misleading Statements, we have the right to recover the amount of any claims we paid under this plan and any administrative costs we incurred to pay those claims. Right to and Payment of Benefits Benefits of this plan are available only to members. Except as required by law, we won't honor any attempted assignment, garnishment or attachment of any right of this plan. In addition, members may not assign a payee for claims, payments or any other rights of this plan. At our option only and in accordance with the law, we may pay the benefits of this plan to: • The subscriber. • A provider. • Another health insurance carrier. • The member. • Another party legally entitled under federal or state medical child support laws. • Jointly to any of the above. Payment to any of the above satisfies our obligation as to payment of benefits. Severability Invalidation of any term or provision herein by judgment or court order shall not affect any other provisions, which shall remain in full force and effect. Venue All suits or legal proceedings brought against us by you or anyone claiming any right under this plan must be filed: • Within 3 years of the date we denied, in writing, the rights...
RIGHTS OF ASSIGNMENT. 20.1.Youshall not, either in whole or in part, assign any rights, duties or obligations under this Agreement(including payments that are due or will become due in the future)to any third party. The Company may assign any and all rights, duties, or obligations under this Agreement to any third party in its sole discretion for any reason whatsoever. Subject to the foregoing, this Agreement will bind and inure to the benefit of the parties, their successors and permitted assigns.
RIGHTS OF ASSIGNMENT. The Parties will, in accordance with Article XXlV of the Operating Procedure, have the right to assign, provided each Party abides by the terms of clause 2401B of the Operating Procedure.
RIGHTS OF ASSIGNMENT. Neither of the parties hereto shall assign this Contract to a third party unless prior consent of the other party is given in writing, such consent not to be unreasonably withheld. The BUILDER shall not refuse to give such consent if BUYER wishes to assign all of its rights under this Contract to a single assignee (acting as trustee or otherwise) by way of security for any loan provided to BUYER by any one or more banks or other financial institutions to finance its purchase of the VESSEL hereunder. Without prejudice to the foregoing, no assignment of BUYER’s rights under this Contract shall be binding upon BUILDER unless notice thereof is given to BUILDER. In case of an assignment, the assignor shall remain liable under this Contract. This Contract shall enure to the benefit of and shall be binding upon the lawful successors or the legitimate assigns of either of parties hereto. (End of Article)
RIGHTS OF ASSIGNMENT. Neither of the parties hereto shall assign this Contract to a third party unless prior consent of the other party is given in writing. In the case of the BUYER assigning this Contract to Globus Maritime Limited (“Globus”), or to Globus’ wholly owned subsidiary or a bank or financial institution financing any of the instalments payable hereunder, the BUILDER’s consent shall not be unreasonably withheld. In case of an assignment, the assignor shall remain liable under this Contract. This Contract shall enure to the benefit of and shall be binding upon the lawful successors or the legitimate assigns of either of parties hereto. (End of Article)
RIGHTS OF ASSIGNMENT. Neither party hereto may assign or transfer any of its rights or duties hereunder without the prior written consent of the other party, except for Distributor’s right to assign Manufacturer warranties in accordance with Article XI above. Notwithstanding anything contained herein, Distributor may assign any and all rights under this agreement to another entity, provided control of that entity is held among any combination of Xxxxxx X. Xxxxx, Xxxxx Xxxxx and Xxxxxx X. Xxxxxxxxx.
RIGHTS OF ASSIGNMENT. Neither this AGREEMENT nor any rights or obligations hereunder may be assigned by either party without the prior written and signed consent by an authorized representative of the other party. This AGREEMENT shall insure the benefit of successors and assignees of he parties.
RIGHTS OF ASSIGNMENT. The Lessee will not assign, transfer, pledge, hypothecate, surrender or dispose of this Lease, or any interest herein, or permit any other person or persons whomsoever to occupy the Leased Property without the written consent of the Lessor being first obtained in writing. This Lease is personal to the Lessee. Lessor interest, in whole or in part, cannot be sold, assigned, transferred, seized or taken by operation at law, or under or by virtue of any execution or legal process, attachment proceedings instituted against Lessee, or under or by virtue of any bankruptcy or insolvency proceedings had in regard to the Lease or in any other manner, except as above mentioned. Subject to the foregoing, all rights, remedies and liabilities herein given or imposed upon either of the parties hereto, shall extend to, inure to the benefit of, and bind, as the circumstances may require, the heirs, personal representative, successors and, so far as this Lease is assignable by the terms hereof, the assigns of all parties.
RIGHTS OF ASSIGNMENT. Buyer reserves the right to assign the rights and responsibilities under this xxxxxxx money contract to a corporate entity to be formed by Buyer prior to closing date. In such event, Buyer agrees to personally guarantee all notes referenced in paragraph 4 above and the payments of the property lease, if any, to Landlord.
RIGHTS OF ASSIGNMENT. None of the parties may assign this Agreement or its rights hereunder. Nothing contained in this Agreement shall constitute Buyer on the one hand, or Company and/or Selling Stockholders on the other hand, as the partner, agent or representative of each other.
