Grant is Not Transferable Clause Example from Business Contracts

This example Grant is Not Transferable clause appears in 9 contracts from 7 companies

Grant is Not Transferable. Except to the limited extent provided in Section 6, this grant and the rights and privileges conferred hereby may not be transferred, assigned, pledged or hypothecated in any way (whether by operation of Applicable Laws or otherwise) and may not be subject to sale under execution, attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of this grant, or any right or privilege conferred hereby, or upon any attempted sale under any execution, a...ttachment or similar process, this grant and the rights and privileges conferred hereby immediately will become null and void. View More Arrow