NO ASSIGNMENT/NOMINATION Clause Samples

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.
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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 Municipality. Such approval may by denied at the reasonable discretion of the Municipality 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 Municipality may not unreasonably withhold its consent to an assignment to an affiliated entity (i.e., an 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 Municipality that the assignee possesses such financial ability, qualifications, and experience. The Municipality may assign this Agreement without the prior consent of Competitive Supplier provided that the proposed assignee has at least the same creditworthiness as the Municipality 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 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 is not assignable.