SUBSEQUENT ASSIGNMENTS Sample Clauses

SUBSEQUENT ASSIGNMENTS. After the Effective Date, the Assignee shall have the right pursuant to Section 12.3.1 of the Credit Agreement to assign the rights which are assigned to the Assignee hereunder to any entity or person, provided that (i) any such subsequent assignment does not violate any of the terms and conditions of the Loan Documents or any law, rule, regulation, order, writ, judgment, injunction or decree and that any consent required under the terms of the Loan Documents has been obtained and (ii) unless the prior written consent of the Assignor is obtained, the Assignee is not thereby released from its obligations to the Assignor hereunder, if any remain unsatisfied, including, without limitation, its obligations under Sections 4, 5 and 8 hereof.
AutoNDA by SimpleDocs
SUBSEQUENT ASSIGNMENTS. After the Assignment Effective Date, Assignee shall have the right pursuant to Section 10.10 of the Credit Agreement to assign the rights which are assigned to Assignee hereunder, provided that (a) any such subsequent assignment does not violate any of the terms and conditions of the Credit Agreement, any of the Related Writings, or any law, rule, regulation, order, writ, judgment, injunction or decree and that any consent required under the terms of the Credit Agreement or any of the Related Writings has been obtained, (b) the assignee under such assignment from Assignee shall agree to assume all of Assignee's obligations hereunder in a manner satisfactory to Assignor and (c) Assignee is not thereby released from any of its obligations to Assignor hereunder.
SUBSEQUENT ASSIGNMENTS. After the Effective Date, the Assignee ---------------------- shall have the right subject to Section 12.3.1 of the Credit Agreement to -------------- assign the rights which are assigned to the Assignee hereunder to any entity or person, provided that (i) any such subsequent assignment does not violate any of the terms and conditions of the Credit Documents or any law, rule, regulation, order, writ, judgment, injunction or decree and that any consent required under the terms of the Credit Documents has been obtained and (ii) unless the prior written consent of the Assignor is obtained, the Assignee is not thereby released from its obligations to the Assignor hereunder, if any remain unsatisfied, including, without limitation, its obligations under [Sections 4, 5 and 8] hereof. ---------- - -
SUBSEQUENT ASSIGNMENTS. The Landlord’s consent to an assignment, transfer or subletting (or use or occupation of the Premises by any other person) shall not be deemed to be a consent to any subsequent assignment, transfer, subletting, use or occupation.
SUBSEQUENT ASSIGNMENTS. Any Successor may assign its rights under this Agreement by complying with the procedures set forth in this Agreement.
SUBSEQUENT ASSIGNMENTS. After the Effective Date, Assignee shall have the right to assign the rights which are assigned to Assignee hereunder to any entity or person, provided that (a) any such subsequent assignment does not violate any of the terms and conditions of the Loan Documents or any law, rule, regulation, order, writ, judgment, injunction or decree and that any consent required under the terms of the Loan Documents has been obtained and (b) Assignee is not thereby released from any of its obligations to Assignor hereunder.
SUBSEQUENT ASSIGNMENTS. After the Effective Date, the Assignee shall have the right pursuant to Article 24 of the Loan Agreement to assign the rights which are assigned to the Assignee, provided that any such subsequent assignment does not violate any of the terms and conditions of the Loan Documents or any law, rule, regulation, order, writ, judgment, injunction or decree and that any consent required under the terms of the Loan Documents has been obtained.
AutoNDA by SimpleDocs
SUBSEQUENT ASSIGNMENTS. This Consent shall not constitute a consent to any subsequent subletting or assignment and shall not relieve Assignee or any person claiming under or through Assignee of the obligation to obtain the consent of Landlord, pursuant to Article 14 of the Lease, to any future assignment or sublease.
SUBSEQUENT ASSIGNMENTS. Regardless of any conditions or limitations upon the assignability of this Ground Lease, any Ground Leasehold Mortgage may be foreclosed and any Mortgagee who acquires the Tenant’s rights under this Ground Lease, or any Person acquiring this Ground Lease at any foreclosure, trustee’s sale, sheriff’s sale, or similar proceeding or by assignment in lieu thereof, shall have the right to assign this Ground Lease to any third party without the District’s consent, provided that such third party (i) intends to use the Project Site for the purposes permitted in this Ground Lease, which purposes are legal and do not conflict with a prior, enforceable, exclusive use covenant or agreement to which the District is a party, and (ii) such third party can reasonably demonstrate its financial capacity to meet the Tenant’s obligations under this Ground Lease.
SUBSEQUENT ASSIGNMENTS. In the event that any Assigning Party desires to Assign any Coal Interest, Gas Interest, Surface Right, or License Use Asset that is subject to this Agreement, and which has previously been Assigned by virtue of an Initial Assignment, to any Person that is not an Affiliate of the Assigning Party (in each case a “Subsequent Assignment”), the following shall apply: (i) Such Assigning Party shall, at least forty five (45) days prior to making the Subsequent Assignment, notify the Non-Assigning Party of the prospective Assignment by giving written notice to the Coal Party Notice Rep or to Gas Party, as applicable, and requesting in writing the Non-Assigning Party’s consent for the Assigning Party to Assign this Agreement in connection with such Subsequent Assignment, including in such request a description of the Coal Interests, Gas Interests, Surface Rights and/or License Use Assets, as applicable, that will be Assigned, the name of the Assignee, and the address of the Assignee (each, a “Consent Request”). (ii) Within thirty (30) calendar days after its receipt of the Consent Request, the Non-Assigning Party shall notify the Assigning Party in writing that it either (A) consents to the Assignment of this Agreement as it relates to all, or only certain specified, interests, rights and/or assets being Assigned in such Subsequent Assignment, in which case the Assigning Party shall, to the extent that Non-Assigning Party gives its consent, cause the Subsequent Assignment of the relevant Coal Interests, Gas Interests, Surface Rights, and/or License Use Assets to be made subject to this Agreement and shall cause its Assignee to expressly agree in writing to be bound by this Agreement as though it was an original Party hereto; or (B) does not consent to the Assignment of this Agreement as it relates to all, or only certain specified, interest, rights and or assets being Assigned in such Subsequent Assignment, in which case the Assigning Party may Assign the relevant Coal Interests, Gas Interests, Surface Rights, and/or License Use Assets to the intended Assignee but may not Assign this Agreement to such Assignee to the extent that such consent has been denied, and the Assignee shall not, except as provided in this Section 8.1(b) and as to easements and Licenses previously granted hereunder, be bound by or have any rights under this Agreement to the extent that such consent has been denied and this Agreement shall, on the effective date of the Subsequent Assignment, ...
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!