Transferability; Use by Affiliates Sample Clauses

Transferability; Use by Affiliates. The rights to the Exterior Signs are personal to the Original Tenant and may not be transferred by the Original Tenant or used by anyone else, except that as set forth above in this Section 21.5, Tenant shall be permitted to place the names and accompanying logos of (i) Innovative Merchant Solutions, and (ii) the Original Tenant’s other Affiliates so long as such names and accompanying logos of such other Affiliates do not constitute Objectionable Names/Logos.
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Transferability; Use by Affiliates. The rights to the Exterior Signs are personal to the Original Tenant and may not be transferred by the Original Tenant or used by anyone else, except that as set forth above in this Section 21.5, Tenant shall be permitted to place the names and accompanying logos of United Online and/or Juno on the Exterior Signs. Notwithstanding the foregoing to the contrary, (i) subject to the restrictions in Sections 21.5.1 and 21.5.2 above limiting the number of names and accompanying logos that may be placed on the Exterior Signs at any one time, and (ii) provided that any name and/or logo change on the Exterior Signs to reflect any name change of Tenant, United Online and/or Juno or the identity of any Affiliate assignee or sublessee described below shall not be permitted if they constitute Objectionable Names/Logos (as defined below), Tenant shall have the right, at Tenant’s sole cost and expense, to: (A) in the event Tenant, United Online and/or Juno changes its company name, to change the names and accompanying logos on the Exterior Signs to reflect such applicable company name change (but without increasing the size of such signs as a result thereof); (B) transfer Tenant’s rights to the Exterior Signs to an Affiliate of Tenant in connection with Tenant’s assignment of its entire interest in this Lease to such Affiliate pursuant to Section 14.6 above and change the name on Tenant’s Exterior Sign(s) to reflect the name of such Affiliate assignee; and (C) place the name and/or accompanying logo of any of Tenant’s Affiliates in place of any of the names and accompanying logos of “NetZero, “ “United Online” and/or “Juno” on any of Tenant’s Exterior Signs (but without increasing the size of such signs as a result thereof), but only during such periods of time that such Affiliate occupies at least (1)thirty-three percent (33%) of the rentable square feet of the original Premises under a sublease or assignment entered into pursuant to Section 14.6 above, in order to use one (1) of the Building Top Signs and one (1) of the Tenant’s Monument Signs, and (2) sixty-six percent (66%) of the rentable square feet of the original Premises under a sublease or assignment entered into pursuant to Section 14.6 above in order to use two (2) or more of the Exterior Signs. As used herein, the term “Objectionable Names/Logos” shall mean any name or logo which: (1) relates to an entity which is of a character or reputation, or is associated with a political orientation or faction, which i...
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Related to Transferability; Use by Affiliates

  • Nontransferability The Option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the Optionee.

  • Nontransferability of Agreement This Agreement and all rights under this Agreement shall not be transferable by you during your life other than by will or pursuant to applicable laws of descent and distribution. Any of your rights and privileges in connection herewith shall not be transferred, assigned, pledged or hypothecated by you or by any other person or persons, in any way, whether by operation of law, or otherwise, and shall not be subject to execution, attachment, garnishment or similar process. In the event of any such occurrence, this Agreement shall automatically be terminated and shall thereafter be null and void. Notwithstanding the foregoing, all or some of the Units or rights under this Agreement may be transferred to a spouse pursuant to a domestic relations order issued by a court of competent jurisdiction.

  • Transferability This Warrant and all rights hereunder (including, without limitation, any registration rights) are transferable, in whole or in part, upon surrender of this Warrant at the principal office of the Company or its designated agent, together with a written assignment of this Warrant substantially in the form attached hereto duly executed by the Holder or its agent or attorney and funds sufficient to pay any transfer taxes payable upon the making of such transfer. Upon such surrender and, if required, such payment, the Company shall execute and deliver a new Warrant or Warrants in the name of the assignee or assignees, as applicable, and in the denomination or denominations specified in such instrument of assignment, and shall issue to the assignor a new Warrant evidencing the portion of this Warrant not so assigned, and this Warrant shall promptly be cancelled. Notwithstanding anything herein to the contrary, the Holder shall not be required to physically surrender this Warrant to the Company unless the Holder has assigned this Warrant in full, in which case, the Holder shall surrender this Warrant to the Company within three (3) Trading Days of the date on which the Holder delivers an assignment form to the Company assigning this Warrant in full. The Warrant, if properly assigned in accordance herewith, may be exercised by a new holder for the purchase of Warrant Shares without having a new Warrant issued.

  • Nontransferability of Options The Option and this Agreement shall not be assignable or transferable by Optionee other than by will or by the laws of descent and distribution. During Optionee's lifetime, the Option and all rights of Optionee under this Agreement may be exercised only by Optionee (or by his guardian or legal representative). If the Option is exercised after Optionee's death, the Committee may require evidence reasonably satisfactory to it of the appointment and qualification of Optionee's personal representatives and their authority and of the right of any heir or distributee to exercise the Option.

  • Nontransferability of the Award Prior to the issuance of shares of Stock on the applicable Settlement Date, neither this Award nor any Units subject to this Award shall be subject in any manner to anticipation, alienation, sale, exchange, transfer, assignment, pledge, encumbrance, or garnishment by creditors of the Participant or the Participant’s beneficiary, except transfer by will or by the laws of descent and distribution. All rights with respect to the Award shall be exercisable during the Participant’s lifetime only by the Participant or the Participant’s guardian or legal representative.

  • Transferability of Options During the lifetime of an Optionee, only such Optionee (or, in the event of legal incapacity or incompetency, the Optionee’s guardian or legal representative) may exercise the Option. No Option shall be assignable or transferable by the Optionee to whom it is granted, other than by will or the laws of descent and distribution.

  • Nontransferability of Shares The Shares acquired by the undersigned pursuant to this Agreement shall not be sold, transferred, pledged, assigned or otherwise encumbered or disposed of except as provided below and in the Plan.

  • Nontransferability of Option This option may not be sold, assigned, transferred, pledged or otherwise encumbered by the Participant, either voluntarily or by operation of law, except by will or the laws of descent and distribution, and, during the lifetime of the Participant, this option shall be exercisable only by the Participant.

  • Transferability and Nonnegotiability of Warrant This Warrant may not be transferred or assigned in whole or in part without compliance with all applicable federal and state securities laws by the transferor and the transferee (including the delivery of investment representation letters and legal opinions reasonably satisfactory to the Company, if such are requested by the Company). Subject to the provisions of this Warrant with respect to compliance with the Securities Act of 1933, as amended (the "Act"), title to this Warrant may be transferred by endorsement (by the Holder executing the Assignment Form annexed hereto) and delivery in the same manner as a negotiable instrument transferable by endorsement and delivery.

  • Transferability of Option The Option shall not be transferable except by will or the laws of descent and distribution, and any attempt to do so shall void the Option.

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