Assignment or Conveyance Clause Samples

The Assignment or Conveyance clause defines the conditions under which a party may transfer its rights or obligations under the agreement to another entity. Typically, this clause outlines whether such transfers require the prior written consent of the other party, and may specify exceptions, such as assignments to affiliates or in connection with a merger or sale of assets. Its core function is to control and clarify the process of transferring contractual interests, thereby protecting the parties from unwanted or unapproved changes in who is responsible for or benefits from the contract.
Assignment or Conveyance. This Redevelopment Contract shall not be assigned by the Redeveloper without the written consent of the Authority. Such consent shall not be unreasonably withheld. Redeveloper agrees that it shall not convey any Lot or any portion thereof or any structures thereon to any person or entity that would be exempt from payment of real estate taxes, and that it will not make application for any structure, or any portion thereof, to be taxed separately from the underlying land of any Lot.
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Assignment or Conveyance. Any assignment or conveyance of the any portion of the Redevelopment, the Project or any interest therein prior to the termination of the 15 year period commencing on the effective date specified in Section 3.01 hereof Area by the Redeveloper shall be subject to the terms and conditions of this Redevelopment Contract.
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Assignment or Conveyance. Except as otherwise permitted herein (including, without limitation, any sale of inventory in the ordinary course of business), permit any conveyance, Lease, mortgage, Lien or any other alienation or encumbrance of the Collateral or any portion thereof.
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Assignment or Conveyance. This Redevelopment Contract shall not be assigned by the Redeveloper without the written consent of the Authority. Any transfer (including any lease for a term longer than one year) or conveyance of the any portion of the Redevelopment Project Property, or any interest therein, prior to the termination of the 15 year period commencing on the last effective date specified in Section 3.01 hereof by the Redeveloper shall be subject to the terms and conditions of this Redevelopment Contract. Redeveloper agrees that it shall not convey any Lot or any portion thereof or any structures thereon to any person or entity that would be exempt from payment of real estate taxes, and that it will not make application for any structure, or any portion thereof, to be taxed separately from the underlying land of any Lot.
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Assignment or Conveyance. Assignment or attempted assignment by Monroe of this Agreement, any rights hereunder, or any advance to be made hereunder, or the conveyance, lease, mortgage, or any other alienation or encumbrance of its interest in the Property or Improvements or any interest therein without the prior written consent of Owner, except as otherwise expressly permitted in the Transaction Documents.
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Assignment or Conveyance. Assignment or attempted assignment by BCOI of this Agreement, any rights hereunder, or any advance to be made hereunder, or the conveyance, lease, mortgage, or any other alienation or encumbrance of its interest in the Property or Improvements or any interest therein without the prior written consent of Owner, except as otherwise expressly permitted in the Transaction Documents; provided, however, that notwithstanding any provision to the contrary in the Transaction Documents, Developer may assign any Developer Fees and the Developer Bonus set forth in the Development Agreement (or the right to receive any Developer Fees or the Developer Bonus) owing to Developer under any Transaction Document in support of any letter of credit, line of credit or other facility provided for the benefit of Owner in connection with the Transaction Documents.
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Assignment or Conveyance. To permit no conveyance, lease, mortgage, or any other alienation or encumbrance of the Properties or Improvements, unless Lender’s prior written approval is first obtained which shall not be unreasonably withheld; provided, however, that Lender’s prior written approval shall not be required for utility easements and other encumbrances that are necessary for the operation of the business in the Improvements provided such utilities do not adversely affect the business (each a “Necessary Encumbrance”), and upon request, Lender will execute a subordination of its lien to such Necessary Encumbrance in form and substance reasonably acceptable to Lender.
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Assignment or Conveyance. This Redevelopment Contract shall not be assigned by the Redeveloper without the written consent of the Authority. Such consent shall not be unreasonably withheld. Redeveloper Grand Island Hotel agrees that it shall not convey any Lot or any portion thereof or any structures thereon to any person or entity that would be exempt from payment of real estate taxes, and that it will not make application for any structure, or any portion thereof, to be taxed separately from the underlying land of any Lot.
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Assignment or Conveyance 
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Related to Assignment or Conveyance

  • SUBLETTING, ASSIGNMENT OR TRANSFER The Provider shall not sublet, sell, transfer, assign or otherwise dispose of this Contract or any portion thereof, or of its right, title or interest therein, without written request to and written consent of the Contract Administrator. No subcontracts or transfer of Contract shall in any case release the Provider of its liability under this Contract.

  • Assignment or Transfer Contractor shall not assign, hypothecate or transfer, either directly or by operation of law, this Agreement or any interest herein without the prior written consent of the City. Any attempt to do so shall be null and void, and any assignees, hypothecates or transferees shall acquire no right or interest by reason of such attempted assignment, hypothecation or transfer.

  • 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.