Assignment by Parties Clause Samples

The "Assignment by Parties" clause defines the conditions under which a party to the agreement may transfer its rights or obligations to another entity. Typically, this clause specifies whether assignments are permitted freely, require the other party's consent, or are prohibited altogether. For example, it may allow assignment in the event of a merger or sale of the business, but otherwise restrict transfers to protect the interests of the non-assigning party. The core function of this clause is to control and clarify the circumstances under which contractual rights and duties can be shifted, thereby preventing unwanted or unexpected changes in the parties involved in the contract.
Assignment by Parties. Investor may not assign or transfer any or all of its rights and obligations under this Deed to a transferee of the Note without consent of Guarantor. The rights, interests or obligations of Guarantor hereunder may not be assigned, in whole or in part, by any of them without the prior written consent of Investor.
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Assignment by Parties. This Agreement, and the rights hereunder, shall not be assigned, and the obligations hereunder shall not be transferred, without the mutual written consent of the parties (not to be unreasonably withheld or delayed) however Investor may at any time, without the consent of any other parties, assign its rights and transfer its obligations hereunder to a permitted transferee of the Note. The Issuer Parties may at any time, without the consent of any other parties, assign their rights and transfer their obligations to a transferee who is an affiliate. In the event of any such transfer or assignment, the transferor shall procure such transferee shall execute a deed of adherence in a form acceptable to the other parties on or prior to the completion of any transfer.
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Assignment by Parties. Neither party shall assign its rights or obligations under this Agreement without the prior written consent of the other party and/or CMS.
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Assignment by Parties. Investor shall be entitled to assign or transfer any or all of its rights (except the right to appoint one representative to the board of directors of the Obligor under Section 2.5) and obligations under this Undertaking to a transferee of the Note without consent of Obligor. The rights, interests or obligations of Obligor hereunder may not be assigned, in whole or in part, by either of them without the prior written consent of Investor.
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Assignment by Parties. Except as expressly set forth in Sections 3 and 19, no party may Transfer or delegate any of its rights or obligations pursuant to this Agreement without the consent of the other parties hereto. All rights and obligations of a Person hereunder shall, to the fullest extent permitted by law, become the rights and obligations of any successor to that Person, whether through merger, reorganization or other transaction. Notwithstanding anything to the contrary herein, none of DCM, Investor or any of their respective Affiliates may Transfer any of its interests in a Deerfield Pegasus Fund unless, based upon advice from tax counsel that is reasonably satisfactory to counsel to the applicable Deerfield Pegasus Fund, such Transfer will not cause the Deerfield Pegasus Fund to be treated as a publicly traded partnership taxable as a corporation for U.S. federal tax purposes.
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Assignment by Parties. Except as expressly set forth in Sections 3 and 19, no party may Transfer or delegate any of its rights or obligations pursuant to this Agreement without the consent of the other parties hereto. All rights and obligations of a Person hereunder shall, to the fullest extent provided by law, become the rights and obligations of any successor to that Person, whether through merger, reorganization or other transaction. Notwithstanding anything to the contrary herein, none of DCM, Investor or any of their respective Affiliates may Transfer any of its interests in Fund I unless, based upon advice from tax counsel that is reasonably satisfactory to Fund I’s counsel, such Transfer will not cause Fund I to be treated as a publicly traded partnership taxable as a corporation for U.S. federal tax purposes.
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Assignment by Parties. This Agreement, and the rights hereunder, shall not be assigned, and the obligations hereunder shall not be transferred, without the mutual written consent of the parties (not to be unreasonably withheld or delayed) however Investor may at any time, without the consent of any other parties, assign its rights and transfer its obligations hereunder to a transferee of the Note, if and only if that transferee is not a competitor to Golden Meditech or Issuer. Investor shall procure such transferee shall execute a deed of adherence in a form acceptable to the other parties on or prior to the completion of any transfer.
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Assignment by Parties. This Agreement, and the rights hereunder, shall not be assigned, and the obligations hereunder shall not be transferred, without the mutual written consent of the Parties (not to be unreasonably withheld or delayed); provided that Alibaba, G▇▇▇▇▇▇ Sachs and MC shall be able to freely transfer their respective rights and obligations hereunder to any of their respective Affiliates or permitted transferees or assignees. To the extent that written consents are given, the transferor shall procure such transferee to execute and deliver a Deed of Accession, on or prior to the completion of any transfer.
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Assignment by Parties. (a) Except as specified below, the rights and obligations of the Parties to this Agreement may not be assigned by either Party except upon the express written consent of the other Party which consent shall not be unreasonably withheld. In the event such an assignment is made and consented to, the assigning Party shall be released and discharged from all obligations to the other Party hereunder thereafter arising, and such assignee shall be substituted in place of the assigning Party herein. (b) Either Party shall have the right, without the consent of the other Party, to assign all of its rights, interests and obligations under this Agreement to a corporation or other business entity which owns or controls the assigning Party or which acquires or merges with the assigning Party in a transaction in which such corporation or other business entity becomes the owner, directly or indirectly, of all or most of the assets of the assigning Party.
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Related to Assignment by Parties

  • Assignment by Seller The Seller shall have the right, upon notice to but without the consent of the Servicer, to assign, in whole or in part (but exclusive of the Servicer’s rights and obligations as owner of the servicing rights relating to the Mortgage Loans), its interest under this Agreement to the Depositor, which in turn shall assign such rights to the Trustee, and the Trustee then shall succeed to all rights of the Seller under this Agreement. All references to the Seller in this Agreement shall be deemed to include its assignee or designee and any subsequent assignee or designee, specifically including the Trustee.

  • Assignment by Purchaser The Purchaser shall have the right, without the consent of the Company but subject to the limit set forth in Section 2.02 hereof, to assign, in whole or in part, its interest under this Agreement with respect to some or all of the Mortgage Loans, and designate any person to exercise any rights of the Purchaser hereunder, by executing an Assignment and Assumption Agreement and the assignee or designee shall accede to the rights and obligations hereunder of the Purchaser with respect to such Mortgage Loans. All references to the Purchaser in this Agreement shall be deemed to include its assignee or designee.

  • Assignment by Owner 51 Section 12.11

  • 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 Company The Company may assign its rights under this Agreement to an affiliate, and an affiliate may assign its rights under this Agreement to another affiliate of the Company or to the Company; provided, however, that no assignment shall be made if the net worth of the assignee is less than the net worth of the Company at the time of assignment. In the case of any such assignment, the term "Company" when used in a section of this Agreement shall mean the corporation that actually employs the Employee.