Nontransfer Sample Clauses

A Nontransfer clause prohibits the parties from transferring or assigning their rights or obligations under the agreement to third parties without prior consent. In practice, this means that neither party can sell, assign, or otherwise delegate their interests in the contract to another entity unless the other party agrees in writing. This clause is commonly used to ensure that the original parties remain responsible for fulfilling the contract, thereby preventing unwanted or unknown third parties from becoming involved and maintaining control and predictability in the contractual relationship.
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Nontransfer. Chembio represents and warrants that it will not transfer the Licensed Material, other than as part of the Licensed Products, to any of its Affiliates, or to any Third Party, including but not limited to distributors, without the prior written consent of SSI which consent shall not be unreasonably withheld.
Nontransfer. Rhein represents and warrants that it will not transfer the Licensed Adjuvant, other than as part of the Licensed Products, to any third party without the prior written consent of Corixa, save for Rhein’s transfer of Licensed Adjuvant to its Sublicensee or Fill and Finish Manufacturer, if any, solely to allow such Sublicensee or Fill and Finish Manufacturer to exercise its right to manufacture Licensed Product as stipulated in Section 2.3.
Nontransfer. The amounts held in escrow pursuant to this Agreement may not be transferred or paid to any entity (including successor entities) other than the Applicant except upon the express written agreement of the Applicant and the City.
Nontransfer. Dynavax represents and warrants that it will not transfer the adr-HBsAg, other than as part of the Vaccines, to any third party without the prior written consent of B▇▇▇▇, save for Dynavax's transfer of adr-HBsAg to its Sublicensee or Fill and Finish Manufacturer as stipulated in Section 2.3, or as a Permitted Use under Section 3.7.
Nontransfer. This Agreement shall not be assigned or otherwise transferred by either Collaborator without the prior written consent of the other Collaborator, except to the successor of that part of BIOPURE‘s business to which this Agreement pertains.

Related to Nontransfer

  • Nontransferable The CVRs shall not be sold, assigned, transferred, pledged, encumbered or in any other manner transferred or disposed of, in whole or in part, other than through a Permitted Transfer.

  • Option Nontransferable Optionee may not transfer or assign all or any part of the Option other than by will or by the laws of descent and distribution. This Option may be exercised, during the lifetime of Optionee, only by Optionee, or in the event of Optionee’s legal incapacity, by Optionee’s guardian or legal representative acting on behalf of Optionee in a fiduciary capacity under state law and court supervision.

  • Nontransferability The Option shall not be transferable other than by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by the Optionee.

  • Nontransferability of Option This option may not be sold, assigned, transferred, pledged or otherwise encumbered by the Participant, either voluntarily or by operation of law, except by will or the laws of descent and distribution, and, during the lifetime of the Participant, this option shall be exercisable only by the Participant.

  • NONTRANSFERABILITY OF THE OPTION The Option may be exercised during the lifetime of the Optionee only by the Optionee or the Optionee's guardian or legal representative and may not be assigned or transferred in any manner except by will or by the laws of descent and distribution. Following the death of the Optionee, the Option, to the extent provided in Section 7, may be exercised by the Optionee's legal representative or by any person empowered to do so under the deceased Optionee's will or under the then applicable laws of descent and distribution.