NO ASSIGNMENT/NOMINATION Sample Clauses

NO ASSIGNMENT/NOMINATION. 17.1 The Purchaser shall not without the written consent of the Bank, be entitled to nominate a third party to be the purchaser or assignee of the Property nor shall the Purchaser be entitled to assign his rights, title, interest and benefits under the Contract of Sale to any party. 17.2 The Bank’s decision to withhold or to grant the consent or to permit or disallow nomination and/or assignment by the Purchaser shall be at the absolute discretion of the Bank.
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NO ASSIGNMENT/NOMINATION. 18.1 MBSB shall not entertain to any request by the successful bidder(s) to nominate a third party to be the purchaser or Assignee of the property. 18.2 MBSB disallow to the nomination, assignment, change, substitution, addition or reduction of the party(ies) in the Contract of Sale.
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NO ASSIGNMENT/NOMINATION. 18.1 ABB shall not entertain to any request by the successful bidder(s) to nominate a third party to be the purchaser or Assignee of the property. 18.2 ABB disallow to the nomination, assignment, change, substitution, addition or reduction of the party(ies) in the Contract of Sale.
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NO ASSIGNMENT/NOMINATION. 21.1 The Purchaser shall not without the written consent of MBSB BANK BERHAD, be entitled to nominate a third party to be the purchaser or Assignee/Bank of the Property nor shall the Purchaser be entitled to assign his rights, title, interest and benefits under the Contract of Sale to any party. MBSB BANK BERHAD’s decision to withhold or to grant the consent or to permit or disallow nomination and/or assignment by the Purchaser shall be at the absolute discretion of MBSB BANK BERHAD.
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NO ASSIGNMENT/NOMINATION. 18.1 MBSB BANK BERHAD shall not entertain to any request by the successful bidder(s) to nominate a third party to be the Purchaser or Assignee of the property. 18.2 MBSB BANK BERHAD disallow to the nomination, assignment, change, substitution, addition or reduction of the party(ies) in the Contract of Sale.
Sample 1Sample 2
NO ASSIGNMENT/NOMINATION. 17.1 The Assignee/Financier shall not entertain to any request by the successful bidder(s) to nominate a third party to be the Purchaser or Assignee of the Property; and 17.2 The Assignee/Financier shall forbid, disallow or prohibit to the nomination, assignment, change, substitution, addition or reduction of the party(ies) in the Contract of Sale.
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Related to NO ASSIGNMENT/NOMINATION

  • No Assignment Without Consent This Charter shall not be assigned by either party without mutual written consent.

  • NO ASSIGNMENT WITHOUT PERMISSION Other than in connection with a sale of all or substantially all of its competitive electric supply business, Competitive Supplier shall not assign its rights and privileges under this Agreement without the prior written approval of the Town. Such approval may by denied at the reasonable discretion of the Town if it determines that the proposed assignee does not have at least the same financial ability, experience, and qualifications as the assigning Competitive Supplier. Notwithstanding the foregoing, the Town may not unreasonably withhold its consent to an assignment to an affiliated entity under common control or management with Competitive Supplier or Competitive Supplier’s corporate parent that has the financial ability, qualifications, and experience to fulfill all obligations of Competitive Supplier under this Agreement, and which agrees, in writing to be bound by the terms and conditions of this Agreement. By making any assignment under this Article, Competitive Supplier shall be deemed to have represented and warranted to the Town that the assignee possesses such financial ability, qualifications, and experience. The Town may assign this Agreement without the prior consent of Competitive Supplier provided that the proposed assignee has at least the same creditworthiness as the Town and such assignment would not in any way impair the rights and interests of Competitive Supplier under this Agreement. The rights and obligations created by this Agreement shall inure to the benefit of, and be binding upon, the successors and permitted assigns of, the respective Parties hereto.

  • No Assignment of Claims Executive affirms and warrants that he has made no assignment of any right or interest in any claim which he may have against any of the Employer Released Parties.

  • No Assignment or Delegation No party may assign any right or delegate any obligation hereunder, including by merger, consolidation, operation of law, or otherwise, without the written consent of the other party. Any purported assignment or delegation without such consent shall be void, in addition to constituting a material breach of this Agreement.

  • No Assignment This Agreement may not be assigned by any Party hereto except with the prior written consent of the other Parties.

  • No Assignment to Natural Persons No such assignment shall be made to a natural person.

  • TERMINATION; NO ASSIGNMENT (a) This Agreement may be terminated by the Trust on behalf of the Fund at any time without payment of any penalty, by the Board of Trustees or by vote of a majority of the outstanding voting securities of the Fund, upon sixty (60) days’ written notice to the Advisor, and by the Advisor upon sixty (60) days’ written notice to the Fund. In the event of a termination, the Advisor shall cooperate in the orderly transfer of the Fund’s affairs and, at the request of the Board of Trustees, transfer any and all books and records of the Fund maintained by the Advisor on behalf of the Fund. (b) This Agreement shall terminate automatically in the event of any transfer or assignment thereof, as defined in the Investment Company Act.

  • Binding Nature of Agreement; No Assignment This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that no party may assign or transfer its rights or obligations under this Agreement without the prior written consent of the other parties hereto.

  • No Assignment to Borrower No such assignment shall be made to the Borrower or any of the Borrower’s Affiliates or Subsidiaries.

  • No Assignment; No Third Party Beneficiaries This Agreement and the rights, duties and obligations hereunder may not be assigned or delegated by the Company or BNYMCM. Any purported assignment or delegation of rights, duties or obligations hereunder shall be void and of no effect. This Agreement and the provisions hereof shall be binding upon and shall inure to the benefit of each of the parties and their respective successors and, to the extent provided in Article VI, the controlling persons, officers, directors, employees and agents referred to in Article VI. This Agreement is not intended to confer any rights or benefits on any Persons other than as set forth in Article VI or elsewhere in this Agreement.

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