Common use of TRANSFER, ASSIGNMENT, CHANGE OF NAME, OWNERSHIP OR ADDRESS Clause in Contracts

TRANSFER, ASSIGNMENT, CHANGE OF NAME, OWNERSHIP OR ADDRESS. (a) General Sales Agent shall not assign, transfer, or delegate his right and obligations under this agreement to any company, organization or other person without the prior written consent of Airlines. (b) The name(s) under which activities of General Sales Agent are conducted or under which any of its offices are operated shall be only such as are set forth herein. Neither such names nor the location of General Sales Agent’s office(s) as specified in Schedule A attached to and forming part of this Agreement shall be changed without the prior written consent of Airlines. (c) The General Sales Agent shall not assign this Agreement or its obligations there under to any party without prior written consent of the Airlines. Any transfer or transfers in all amounting to more than 51 % of the present share holding of the General Sales Agent or of the controlling interest of the General Sales Agent during the subsistence of this agreement including any renewal thereof, shall be deemed to be an assignment for the purpose of this Clause 19.

TRANSFER, ASSIGNMENT, CHANGE OF NAME, OWNERSHIP OR ADDRESS. (ai) General Sales Agent shall not assign, transfer, or delegate his right and obligations under this agreement to any company, organization or other person without the prior written consent of AirlinesPrincipal. (bii) The name(s) under which activities of General Sales Agent are conducted or under which any of its offices are operated shall be only such as are set forth herein. Neither such names nor the location of General Sales Agent’s office(s) as specified in Schedule A attached to and forming Aforming part of this Agreement Agreement, shall be changed without the prior written consent of AirlinesPrincipal. (ciii) The General Sales Agent shall not assign this Agreement or its obligations there under to any party without prior written consent of the AirlinesPrincipal. Any transfer or transfers in all amounting to more than 51 50 % of the present share holding of the General Sales Agent or of the controlling interest of the General Sales Agent during the subsistence of this agreement including any renewal thereof, shall be deemed to be an assignment for the purpose of this Clause 19article.

TRANSFER, ASSIGNMENT, CHANGE OF NAME, OWNERSHIP OR ADDRESS. (a) General Sales Agent shall not assign, transfer, or delegate his right and obligations under this agreement to any company, organization or other person without the prior written consent of Airlines. (b) The name(s) under which activities of General Sales Agent are conducted or under which any of its offices are operated shall be only such as are set forth herein. Neither such names nor the location of General Sales Agent’s office(s) as specified in Schedule A attached to and nor shall forming part of this Agreement shall be changed without the prior written consent of Airlines. (c) The General Sales Agent shall not assign this Agreement or its obligations there under to any party without prior written consent of the Airlines. Any transfer or transfers in all amounting to more than 51 % of the present share holding shareholding of the General Sales Agent or of the controlling interest of the General Sales Agent during the subsistence of this agreement including any renewal thereof, shall be deemed to be an assignment for the purpose of this Clause 19. (d) No action contrary to Law: Nothing contained herein shall require the General Sales Agent to take any action contrary to law or contrary to any rule, resolution, regulation or agreement of the IATA.

TRANSFER, ASSIGNMENT, CHANGE OF NAME, OWNERSHIP OR ADDRESS. (ai) General Sales Agent shall not assign, transfer, or delegate his right and obligations under this agreement to any company, organization or other person without the prior written consent of AirlinesPrincipal. (bii) The name(s) under which activities of General Sales Agent are conducted or under which any of its offices are operated shall be only such as are set forth herein. Neither such names nor the location of General Sales Agent’s office(s) as specified in Schedule A attached to and forming part of this Agreement Agreement, shall be changed without the prior written consent of AirlinesPrincipal. (ciii) The General Sales Agent shall not assign this Agreement or its obligations there under to any party without prior written consent of the AirlinesPrincipal. Any transfer or transfers in all amounting to more than 51 50 % of the present share holding of the General Sales Agent or of the controlling interest of the General Sales Agent during the subsistence of this agreement including any renewal thereof, shall be deemed to be an assignment for the purpose of this Clause 19article.

TRANSFER, ASSIGNMENT, CHANGE OF NAME, OWNERSHIP OR ADDRESS. (ai) General Sales Agent shall not assign, transfer, or delegate his right and obligations under this agreement to any company, organization or other person without the prior written consent of AirlinesPrincipal. (bii) The name(s) under which activities of General Sales Agent are conducted or under which any of its offices are operated shall be only such as are set forth herein. Neither such names nor the location of General Sales Agent’s Agent‟s office(s) as specified in Schedule A „A‟ attached to and nor forming part of this Agreement Agreement, shall be changed without the prior written consent of AirlinesPrincipal. (ciii) The General Sales Agent shall not assign this Agreement or its obligations there under to any party without prior written consent of the AirlinesPrincipal. Any transfer or transfers in all amounting to more than 51 50 % of the present share holding of the General Sales Agent or of the controlling interest of the General Sales Agent during the subsistence of this agreement including any renewal thereof, shall be deemed to be an assignment for the purpose of this Clause 19article.