Common use of Transfer or Assignment Clause in Contracts

Transfer or Assignment. 9.1 The Pledgor shall not confer or transfer any right or obligation herein to any third party without the prior written consent of the Pledgee. 9.2 This Agreement shall be binding and enforceable on Pledgee and each of his successors and assignees. 9.3 The Pledgee may transfer or assign all or any of his rights and obligations under the Service Agreement to any person (individual or legal entity) designated by him at any time. In this case, the assignee shall enjoy and undertake all rights and obligations herein of the Pledgee as if the assignee is a party hereto. Where the Pledgee transfers or assigns the rights and obligations under the Service Agreement, the Pledgor shall execute the relevant agreements and/or documents with respect to such transfer or assignment at the request of the Pledgee. 9.4 Where the Pledgee transfers or assigns the pledge to a third party, the new parties to the pledge shall re-execute a pledge contract.

Appears in 20 contracts

Samples: Equity Interest Pledge Agreement (Ruanyun Edal Technology Inc.), Equity Interest Pledge Agreement (HiTek Global Inc.), Equity Interest Pledge Agreement (Recon Technology, LTD)

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Transfer or Assignment. 9.1 The Pledgor shall not confer donate or transfer any right his rights or obligation obligations herein to any third party without the prior written consent of from the Pledgee. 9.2 This Agreement shall be binding upon and enforceable on inure to the benefit of the successors of the Pledgor and be effective to the Pledgee and his each of his successors successor and assigneesassignee. 9.3 The Pledgee may transfer or assign his all or any of his rights and obligations under the Service Agreement to any person (individual natural person or legal entity) designated by him at any time. In this case, the assignee shall enjoy and undertake all the same rights and obligations herein of the Pledgee as if the assignee is a party hereto. Where When the Pledgee transfers or assigns the rights and obligations under the Service Agreement, at the request of the Pledgee, the Pledgor shall execute the relevant agreements and/or documents with respect to such transfer or assignment at the request of the Pledgeeassignment. 9.4 Where Due to the Pledgee transfers Pledgee’s change resulting from the transfer or assigns the pledge to a third partyassignment, the new parties to the pledge shall re-execute a pledge contract.

Appears in 10 contracts

Samples: Equity Interest Pledge Agreement (Trip Tech Inc), Equity Interest Pledge Agreement (Dexterity Surgical Inc), Equity Interest Pledge Agreement (Trip Tech Inc)

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Transfer or Assignment. 9.1 The Pledgor shall not confer or transfer any right or obligation herein to any third party without the prior written consent of the Pledgee. 9.2 This Agreement shall be binding and enforceable on Pledgee and each of his successors and assignees. 9.3 The Pledgee may transfer or assign all or any of his rights and obligations under the Amended Service Agreement to any person (individual or legal entity) designated by him at any time. In this case, the assignee shall enjoy and undertake all rights and obligations herein of the Pledgee as if the assignee is a party hereto. Where the Pledgee transfers or assigns the rights and obligations under the Amended Service Agreement, the Pledgor shall execute the relevant agreements and/or documents with respect to such transfer or assignment at the request of the Pledgee. 9.4 Where the Pledgee transfers or assigns the pledge to a third party, the new parties to the pledge shall re-execute a pledge contract.

Appears in 2 contracts

Samples: Equity Interest Pledge Agreement (Recon Technology, LTD), Equity Interest Pledge Agreement (Recon Technology, LTD)

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