Assignment and other Dealings definition

Assignment and other Dealings. The Member shall not assign, transfer, charge or otherwise deal with all or any of its rights or obligations under the Agreement in whole or in part, nor grant, declare, create or dispose of any right or interest in it without the prior written consent of Innofuse. Variation: An amendment of any of the provisions of the Agreement is only valid if it is signed in written form by each Party or authorized representatives. Any provision contained in the Agreement may only be waived or amended by a document signed by the Party waiving or amending such provision. The aforementioned written form shall be deemed to be fulfilled if the Parties have exchanged pdf copies or facsimile copies containing the scanned signatures of the Parties, including signatures in electronic form (such as Skribble, DocuSign or AdobeSign). Severance: Should any part or provision of the Agreement be held to be invalid or unenforceable by any competent arbitral tribunal, court, governmental or administrative authority having jurisdiction, the other provisions of the Agreement shall nonetheless remain valid. In this case, Parties shall endeavour to negotiate a substitute provision that best reflects the economic intentions of Parties without being unenforceable, and shall execute all agreements and documents required in this connection.

Related to Assignment and other Dealings

  • Business Day means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which banking institutions in the State of New York are authorized or required by law or other governmental action to close.

  • Person means an individual or corporation, partnership, trust, incorporated or unincorporated association, joint venture, limited liability company, joint stock company, government (or an agency or subdivision thereof) or other entity of any kind.

  • Affiliate of any specified Person means any other Person directly or indirectly controlling or controlled by or under direct or indirect common control with such specified Person. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

  • Board means the Board of Directors of the Company.