Assignment by Buyer. Buyer shall have the right to assign this Agreement to any third party or parties and no consent on the part of Seller shall be required for such assignment, provided however, that any such assignment shall not relieve Buyer of its liabilities and obligations hereunder.
Assignment by Buyer. Buyer shall have the right to assign this Agreement to any entity affiliated with Buyer, and no consent on the part of Seller shall be required for such assignment; provided, however, that Seller shall not be released from this Agreement by any such assignment, and Buyer shall provide written notice to Seller of such assignment at least five (5) days prior to the Closing.
Assignment by Buyer. Lithia Motors, Inc. shall have the right to assign all rights and obligations of Lithia Motors, Inc. as "Buyer" under this Agreement. In the event of any such assignment, the assignee shall assume all rights and obligations of the Buyer under this Agreement, and Lithia Motors, Inc. shall remain jointly liable for all obligations of the Buyer.
Assignment by Buyer. Buyer may assign this Agreement and Buyer’s rights under it only to an entity in which Buyer, or its affiliates, members or members’ principals, possess, directly or indirectly, the power to direct or cause the direction of its management and policies, whether through the ownership of voting securities or otherwise, and any other assignment is void. No such assignment will relieve Buyer of its obligations under this Agreement, and Buyer and the assignee will be jointly and severally liable for the performance of such obligations after any such assignment. This Agreement binds, benefits, and may be enforced by the parties and their respective successors and permitted assigns.
Assignment by Buyer. Except as provided in this Section 11.2, this Agreement may not be assigned by Buyer in whole or in part. Notwithstanding the foregoing, at any time during the Term, Buyer may assign this Agreement (a) to any lender or lenders as security for obligations to such lender or lenders in respect of financing arrangements of Buyer or any affiliate thereof with such lender or lenders, or (b) upon prior written notice to Seller, to any Person that is and at all times remains an affiliate of Buyer or that merges or consolidates with or into Buyer or that acquires all or substantially all of the assets or stock of Buyer.
Assignment by Buyer. Notwithstanding anything herein to the contrary, from the date hereof until the Closing Date, Buyer may assign to any of its controlled affiliates (collectively, the “Permitted Assignees”), the right to purchase any portion of the Units (the “Assigned Units”). In the event of such an assignment, such Permitted Assignees will assume Buyer’s obligations under this Agreement in regards to the Assigned Units. Each Permitted Assignee will pay to the Company at the Closing an amount equal to the product of the Per Unit Price and the number of Assigned Units to be purchased by such Permitted Assignee, and will be bound by the restrictions imposed on the Assigned Units by this Agreement, including the restrictions set forth in Section 5.2 hereof. Each Permitted Assignee will execute a counterpart signature page to this Agreement, agreeing to be bound by the provisions of this ARTICLE V. At the Closing, the Company will deliver to such Permitted Assignees the certificates representing the Assigned Units.
Assignment by Buyer. Buyer shall have the right to assign this Agreement and no consent on the part of Seller shall be required for such assignment. In the event that Buyer assigns this Agreement, the assignee(s) of Buyer shall assume all obligations of Buyer hereunder; provided, that Buyer shall remain primarily liable for the performance of Buyer’s obligations hereunder. In addition, Buyer shall have the right to designate the grantee(s) on each of the Deeds and other documents to be delivered by Seller at Closing. In the event that the Property is acquired by a grantee other than Buyer as a result of Buyer’s designation in the Deeds and other documents as described in the preceding sentence, such grantee shall also succeed to all of Buyer’s rights under this Agreement including, but not limited to, all rights of Buyer arising out of or resulting from Seller’s representations and warranties made in Section 4.1, Seller’s indemnification of Buyer under Section 4.5.1 and Buyer’s right to recover Unpaid Rents collected by Seller under Section 5.8.2(b)(iv). Any such grantee shall be deemed to have assumed Buyer’s obligations to Seller under this Agreement including, but not limited to, all rights of Seller arising out of or resulting from Buyer’s representations and warranties made in Section 4.2, Buyer’s indemnification of Seller under Section 4.5.2 and Seller’s right to recover Unpaid Rents collected by Buyer under Section 5.8.2(b)(iv).
Assignment by Buyer. No consent by Seller shall be required for any assignment or reassignment of the rights of Buyer under this Article XIII.
Assignment by Buyer. This PPA shall not be assigned by Buyer without the prior written consent of Seller, which shall not be unreasonably withheld, conditioned or delayed; provided, however, that Buyer may, without the consent of Seller (i) collaterally transfer, sell, pledge, encumber or assign this PPA or the account, revenues, or proceeds hereof in connection with any financing,
Assignment by Buyer. Buyer hereby notifies Custodian that Buyer may assign, as of the applicable Purchase Date, all of its right, title and interest in and to some or all of the Purchased Assets to a third party assignee (an "Assignee"), subject only to an obligation on the part of the Assignee to release its interest in each such Purchased Asset to Buyer to permit Custodian, Buyer or its designee to make delivery thereof in accordance with the terms of this Agreement. Seller hereby irrevocably consents to any such assignment. Subject to any limitations in any agreement between the Assignee and Buyer, the Assignee may, upon notice of Buyer's default, directly enforce and exercise such rights under this Agreement that have been assigned or pledged to it and, until otherwise notified by the Assignee, Buyer shall no longer have any of such rights. Custodian shall assume that any assignment from Buyer to the Assignee is subject to no limitations that are not expressly set forth in this Agreement.
