Common use of No Assignment of Rights Clause in Contracts

No Assignment of Rights. Without the prior written consent of SDA and the Local Church, which consent may be withheld for any or no reason, neither this Agreement nor the premises, in whole or in part, shall be (a) assigned, mortgaged, pledged or encumbered, (b) sublet, or permitted to be used or occupied by others, or (c) assigned or transferred by operation of law. If this Agreement is assigned or transferred, or if all or any part of the premises is occupied by anyone other than User without prior written consent of SDA and the Local Church, Owner may either immediately terminate this Agreement or collect usage fees from the assignee, transferee, or occupant, and apply the net amount collected to the fees and costs reserved herein, but no such assignment, occupancy, or collection shall be deemed a waiver of any agreement or condition hereof. User shall continue to be liable hereunder in accordance with the terms and conditions of this Agreement and shall not be released from the performance of the terms and conditions hereof. This Agreement shall bind and inure to the benefit of the respective successors and permitted assigns of each of the parties.

Appears in 3 contracts

Sources: Use Agreement, Use Agreement, Use Agreement