Transfers and Assigns Clause Samples

The "Transfers and Assigns" clause defines the rules and limitations regarding a party's ability to transfer or assign its rights and obligations under the agreement to another party. Typically, this clause specifies whether such transfers require the other party's consent, and may outline exceptions or conditions under which assignments are permitted, such as in the case of a merger or sale of business assets. Its core function is to maintain control over who is bound by or benefits from the contract, thereby preventing unwanted or unapproved changes in the parties involved.
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Transfers and Assigns. Neither this Agreement nor any interest or obligation in or under this Agreement may be transferred or assigned by any Affiliate without the prior written consent of both Ambac and AFGI.
Transfers and Assigns. Neither this Agreement nor any interest or obligation in or under this Agreement may be transferred or assigned by any party hereto without the prior written consent of each other party.
Transfers and Assigns. Neither this Agreement nor any interest or obligation in or under this Agreement may be transferred or assigned by any Affiliate without the prior written consent of SAFP.
Transfers and Assigns. Large Scale shall have the right to transfer or assign its rights or obligations under this Note, or any interest in this Note, to any person without the Company's prior consent, subject to TSX and any other required regulatory approval.
Transfers and Assigns. In the event a Purchaser transfers or assigns any interest in the Placement Units, any such transferee or assignee, as a condition precedent to such transfer or assignment, shall agree to be bound by the terms of this Agreement and the Subscription Agreement. Such agreement to be bound shall be evidenced by an agreement, in form and substance satisfactory to the Company, duly executed by and among the Company, the Purchaser and the Purchaser’s transferee or assignee.
Transfers and Assigns. The Subscriber agrees not to transfer or assign this Agreement, or any of the Subscriber’s interest herein, and further agrees that the transfer or assignment of the Units shall be made only in accordance with applicable laws, this Agreement and the Company’s Proposed Operating Agreement.
Transfers and Assigns. The rights to cause the Company to register securities granted to the Holders under this Agreement may be transferred or assigned by the Holders to a transferee or assignee of any shares of Common Stock, provided that the Company is given written notice at the time of or within a reasonable time after said transfer or assignment, stating the name and address of said transferee or assignee and identifying the securities with respect to which such registration rights are being transferred or assigned.

Related to Transfers and Assigns

  • Transfers and Assignments You cannot assign or transfer any interest in your account unless we agree in writing.

  • HEIRS AND ASSIGNS It is agreed and understood that all covenants of this lease shall succeed to and be binding upon the respective heirs, executors, administrators, successors and, except as provided herein, assigns of the parties hereto, but nothing contained herein shall be construed so as to allow the Tenant to transfer or assign this lease in violation of any term hereof.

  • Transfer; Successors and Assigns The terms and conditions of this Agreement shall inure to the benefit of and be binding upon the respective successors and assigns of the parties. Nothing in this Agreement, express or implied, is intended to confer upon any party other than the parties hereto or their respective successors and assigns any rights, remedies, obligations, or liabilities under or by reason of this Agreement, except as expressly provided in this Agreement.

  • Successors and Assignees This Agreement shall inure to the benefit of and be binding upon the successors and permitted assignees of the Parties.

  • Successors and Assignment This Agreement shall (a) be binding upon and inure to the benefit of all successors and assigns of the Company (including any transferee of all or a substantial portion of the business, stock and/or assets of the Company and any direct or indirect successor by merger or consolidation or otherwise by operation of law), and (b) be binding on and shall inure to the benefit of the heirs, personal representatives, executors and administrators of the Independent Director. The Independent Director has no power to assign this Agreement or any rights and obligations hereunder.