Assignment by the Licensor Clause Samples

The "Assignment by the Licensor" clause defines the licensor's right to transfer its rights and obligations under the agreement to another party. Typically, this clause outlines whether the licensor can assign the contract freely or only under certain conditions, such as with the licensee's consent or in connection with a merger or sale of business assets. Its core function is to clarify the circumstances under which the licensor may delegate or transfer its contractual interests, thereby providing certainty and managing expectations for both parties regarding potential changes in the contractual relationship.
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Assignment by the Licensor. 12.1 Licensor may assign this Agreement or any of the Intellectual Property to any Third Party without the consent of the Licensee. Any such assignment made will preserve the rights of the Licensee set out in this Agreement.
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Assignment by the Licensor. This Agreement shall be transferable by the Licensor.
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Assignment by the Licensor. The Licensor may sell, transfer, assign or in any other way dispose of this Agreement or any of its rights or obligations hereunder at any time without the consent of the Licensee to an Affiliate of the Licensor or in connection with a merger, amalgamation or other re-organization of the Licensor provided that the successor, Affiliate or assignee, as the case may be (i) is immediately after the assignment or other applicable transaction the owner of all right, title and interest in the Technology and is the person who will continue the development and Commercial Exploitation thereof, and (ii) thereupon undertakes to the Licensee in writing to be bound by the provisions of this Agreement in all respects and to the same extent as the Licensor is bound.
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Assignment by the Licensor. 12.1. During the period mentioned in Clause 2.2, the Licensor will not assign this Agreement or any of the Intellectual Property to any Third Party without the consent of the Licensee. 12.2. After the period mentioned in Clause 2.2, any such assignment made will preserve the rights of the Licensor set out in this Agreement.
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Assignment by the Licensor. (a) In the event of a sale transfer or assignment by the Licensor of this Agreement, to the event that the purchaser or assignee shall assume the covenants and obligations or the Licensor under this Agreement, the Licensor shall thereupon and without further agreement, be freed and relieved of all liability with respect to such covenants and obligations. ASSIGNMENT BY LICENSEE (b) The Licensee acknowledges that the Licensor, in granting this license and the rights and interests under this Agreement, has relied on, among other things, the character, background, qualifications arid financial ability of the Licensee and, where applicable, its partners, officers, directors, shareholders, and managers. Accordingly1 his Agreement, and the Licensee's rights and interest hereunder, shall not be sold, assigned, transferred, shared or encumbered in whole or in part in any manner whatsoever without thc prior written consent of the Licensor, which shall not be unreasonably withheld. Any actual or proposed assignment occurring by operations of law or otherwise without the Licensor's prior written consent shall be a material default of this Agreement.
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Related to Assignment by the Licensor

  • Assignment by the Company The rights, interests or obligations of the Company hereunder may not be assigned, by operation of law or otherwise, in whole or in part, by the Company without the prior written consent of the Investor.

  • Assignment by the Seller The Seller shall assign (exclusive of the Seller’s rights arising under Section 8.02(iii) and 8.03), 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.

  • Assignment by the Executive This Agreement will inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

  • 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 Owner 51 Section 12.11