Common use of Transfer of the Agreement Clause in Contracts

Transfer of the Agreement. 5.1 Unless with the prior written consent of the Purchaser, the Seller has no right to transfer or assign any of its rights and obligations hereunder. 5.2 This Agreement shall be binding upon the Seller and its successors and assigns permitted by Purchaser, and is enforceable by Purchaser and its successors and assigns. 5.3 If the Purchaser is restructured for whatever reason, upon the request of the Purchaser, the Seller shall enter into a new agreement containing the content substantially same to the terms and conditions of this Agreement with the restructured Purchaser.

Appears in 8 contracts

Samples: Exclusive Assets Purchase Agreement, Exclusive Option Agreement (JOYY Inc.), Exclusive Option Agreement (JOYY Inc.)

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Transfer of the Agreement. 5.1 (a) Unless with the prior written consent of the Purchaser, the Seller has no right to transfer or assign any of its rights and obligations hereunder. 5.2 (b) This Agreement shall be binding upon the Seller and its successors and assigns permitted by Purchaser, and is enforceable by Purchaser and its successors and assigns. 5.3 (c) If the Purchaser is restructured for whatever reason, upon the request of the Purchaser, the Seller shall enter into a new agreement containing the content substantially same to the terms and conditions of this Agreement with the restructured Purchaser.

Appears in 3 contracts

Samples: Exclusive Assets Purchase Agreement (JOYY Inc.), Exclusive Assets Purchase Agreement (JOYY Inc.), Exclusive Assets Purchase Agreement (JOYY Inc.)

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