RIGHTS ASSIGNABLE Clause Samples

The "Rights Assignable" clause defines whether and how a party to an agreement can transfer its rights and obligations under the contract to another party. Typically, this clause specifies if assignment is permitted freely, requires the other party's consent, or is restricted altogether. For example, a business might want to assign its contractual rights to a subsidiary or a buyer in the event of a merger. The core function of this clause is to provide clarity and control over the transferability of contractual rights, thereby protecting parties from unwanted changes in who they are dealing with under the agreement.
RIGHTS ASSIGNABLE. All rights of Licensor contained within Section 15(C) hereof shall be freely assignable by Licensor to any designee of Licensor.
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RIGHTS ASSIGNABLE. The rights in respect of the Assigned Rights are assignable in accordance with the provisions of this Deed and the Corp Loan.
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RIGHTS ASSIGNABLE. If either Party assigns any of its interests in the Agreement Area to any Person, the assigning Party shall assign its rights and cause such assignee to assume its obligations hereunder insofar as the same cover or relate to the assigned interests, subject to the conditions and obligations contained in Sections 10(b), (c) and (d), below. No such assignment shall require the consent of the non-assigning Party.
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RIGHTS ASSIGNABLE. NH and PHS may assign their respective rights and benefits under this Agreement to any person that acquires shares of Common Stock from them.
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Related to RIGHTS ASSIGNABLE

  • Non-Assignable The Permittee may not assign its interest hereunder, nor may Permittee subpermit the premises, without the prior written consent of the City.

  • Agreement Not Assignable This Agreement will inure to the benefit of the parties and their respective successors and assigns; Adviser may not, however, assign (as that term is defined in the Advisers Act) this Agreement without Client’s consent.

  • Not Assignable This contract shall not be assignable by ▇▇▇▇▇ without Seller's prior written consent. Except as so restricted, this contract shall inure to the benefit of and be binding upon the heirs, personal representatives, successors and assigns of the parties.

  • Rights Not Transferable The rights of the Company Securityholders under this Agreement as of immediately prior to the Effective Time are personal to each such Company Securityholder and shall not be transferable for any reason, other than by operation of law, will or the laws of descent and distribution without action taken by or on behalf of such Company Securityholder. Any attempted transfer of such right by any holder thereof (other than as permitted by the immediately preceding sentence) shall be null and void.

  • NO ASSIGNMENT OF REGISTRATION RIGHTS The rights under this Agreement shall not be assignable.