Assignment of the Rights Sample Clauses

The Assignment of the Rights clause defines the conditions under which one party may transfer its contractual rights and obligations to another party. Typically, this clause outlines whether such assignments are permitted freely, require the other party's consent, or are restricted altogether. For example, it may allow assignment in the event of a merger or prohibit assignment to competitors. Its core practical function is to control and clarify the transferability of contractual interests, thereby protecting parties from unwanted changes in who holds rights or responsibilities under the agreement.
Assignment of the Rights. 7.1 Before satisfaction of Conditions Precedent
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Assignment of the Rights. Object of the license
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Assignment of the Rights. 1.1 The Vendor agrees to assign state-of-the-art search engine technology to the Company free of consideration. This search engine technology will be:
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Assignment of the Rights. 16.1. The Service Provider shall have the right to assign all its rights and obligations under the Agreement to another financial institution or third party who under applicable legal acts has the right to extend, take over or invest in such type of services on condition that such assignment involves all rights and obligations of the Service Provider under the Agreement and the Merchant does not incur any additional payment obligations in connection with such assignment and the amounts payable under the Agreement do not increase. 16.2. The Merchant shall have no right to assign its rights and obligations under the Agreement to any third parties without a prior written consent of the Service Provider.
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Assignment of the Rights. 1.1 The Parties agree that Party 1 transfers its Right of Claim to Party 2 for the Purchase Price by way of assignment for the Assignment Price. . 1.2 Party 1 hereby assigns transfers and conveys to Party 2 absolutely and unconditionally all of Party 1 Right of Claim, including but not limited to the right to demand the repayment of and receive the due amounts from the Buyer (as indicated in the Deed of Assignment as of 21 July 2015) and any amount accrued or which shall be accrued thereon (the “Assigned Rights”). 1.3 The Parties agree that the mutual payment obligations of the Parties in respect of the Purchase Price and the Assignment Price are discharged in full by set off. Hence from the date of this Agreement: (i) Party 1’s obligation to pay the Purchase Price shall be considered as performed in full with no further obligations of the payment; and (ii) Party 2 obligations to pay the Assignment Price shall be considered as performed in full with no further obligations of the payment. 1.4 Party 1 warrants and confirms that other than the assignments and transfers constituted by the Agreement, it has not assigned, transferred, conveyed or encumbered the Assigned Rights or other rights under the Agreement and/or in respect of the Assigned Rights in any way to any person and has not promised or purported to do so. 1.5 Party 2 confirms that it took its own independent investigation of the Rights of Claim and waives any and all its rights of claim towards Party 1 which may arise for the reasons of validity and enforceability of the Rights of Claim.
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Assignment of the Rights. The Participant will sell and transfer to the Foundation (under Dutch law referred to as ‘cessie’) and the Foundation hereby buys and acquires the Rights against TikTok (and/of others) with regard to the compensation of damages as described above under C, D and E, on the following terms and conditions.
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Assignment of the Rights 
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Related to Assignment of the Rights

  • ASSIGNMENT OF THE REGISTRATION RIGHTS The rights to have the Company register Registrable Securities pursuant to this Agreement shall be automatically assigned by the Investors to any transferee of in excess of fifty (50%) percent or more of the Registrable Securities (or all or any portion of any Debenture of the Company which is convertible into such securities) only if: (a) the Investor agrees in writing with the transferee or assignee to assign such rights, and a copy of such agreement is furnished to the Company within a reasonable time after such assignment, (b) the Company is, within a reasonable time after such transfer or assignment, furnished with written notice of (i) the name and address of such transferee or assignee and (ii) the securities with respect to which such registration rights are being transferred or assigned, (c) immediately following such transfer or assignment the further disposition of such securities by the transferee or assignee is restricted under the Securities Act and applicable state securities laws, and (d) at or before the time the Company received the written notice contemplated by clause (b) of this sentence the transferee or assignee agrees in writing with the Company to be bound by all of the provisions contained herein. In the event of any delay in filing or effectiveness of the Registration Statement as a result of such assignment, the Company shall not be liable for any damages arising from such delay, or the payments set forth in Section 2(c) hereof.

  • Assignment of Rights Borrower acknowledges and understands that Agent or Lender may, subject to Section 11.7, sell and assign all or part of its interest hereunder and under the Loan Documents to any Person or entity (an “Assignee”). After such assignment the term “Agent” or “Lender” as used in the Loan Documents shall mean and include such Assignee, and such Assignee shall be vested with all rights, powers and remedies of Agent and Lender hereunder with respect to the interest so assigned; but with respect to any such interest not so transferred, Agent and Lender shall retain all rights, powers and remedies hereby given. No such assignment by Agent or Lender shall relieve Borrower of any of its obligations hereunder. Lender agrees that in the event of any transfer by it of the Note(s)(if any), it will endorse thereon a notation as to the portion of the principal of the Note(s), which shall have been paid at the time of such transfer and as to the date to which interest shall have been last paid thereon.

  • Assignment of Rights and Obligations (a) Without Owners’ prior written consent, Managing Agent shall not sell, transfer, assign or otherwise dispose of or mortgage, hypothecate or otherwise encumber or permit or suffer any encumbrance of all or any part of its rights and obligations hereunder, and any transfer, encumbrance or other disposition of an interest herein made or attempted in violation of this paragraph shall be void and ineffective, and shall not be binding upon Owners. Notwithstanding the foregoing, Managing Agent may assign its rights and delegate its obligations under this Agreement to any subsidiary of Parent so long as such subsidiary is then and remains Controlled by Parent. (b) Owners, without Managing Agent’s consent, may not assign their respective rights or delegate their respective obligations hereunder. (c) Any assignment permitted hereunder shall not release the assignor hereunder.

  • Assignment of the Agreement This Agreement and the rights hereunder may be assigned by FirstLink to any majority-owned subsidiary of FirstLink or to an affiliate or party acquiring all or substantially all of the assets of FirstLink upon prior written consent of Owner. Such consent shall not be unreasonably withheld. Alternatively, the Agreement may be assigned by FirstLink to any FirstLink subsidiary so long as FirstLink agrees in writing that it shall remain liable for all obligations arising under this Agreement. FirstLink may also assign this Agreement to any party providing financing to FirstLink; provided that such assignment shall not relieve FirstLink from its obligations hereunder. In connection with a sale or disposition of the Properties, Owner shall request FirstLink's written consent to assign this Agreement and shall require any subsequent owner of the Properties to assume this Agreement and the rights and obligations hereunder. Subject to the foregoing, this Agreement shall be binding upon and shall inure to the benefit of the successors and assigns of the respective parties to this Agreement.

  • Assignment and Enurement Neither this Agreement nor any right or obligation under this Agreement may be assigned by any Party, other than provided for herein, without the prior written consent of the other Parties. This Agreement enures to the benefit of and is binding upon the Parties and their respective heirs, executors, administrators, estate trustees, trustees, personal or legal representatives, successors and permitted assigns.