Common use of Assigning Party to Remain Responsible Clause in Contracts

Assigning Party to Remain Responsible. Any assignments authorized as provided for in this Article 24 will not operate to relieve the Party assigning this Agreement or any of its rights, interests or obligations hereunder of the responsibility of full compliance with the requirements of this Agreement unless (i) the other Party consents (which consent shall not be unreasonably withheld), and (ii) the assignee agrees in writing to be bound by all of the obligations and duties of the assigning Party provided for in this Agreement.

Appears in 2 contracts

Samples: Separation Agreement (Entergy Corp /De/), Separation Agreement (ITC Holdings Corp.)

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Assigning Party to Remain Responsible. Any assignments authorized as provided for in this Article 24 will not operate to relieve the Party assigning this Agreement or any of its rights, interests or obligations hereunder of the responsibility of full compliance with the requirements of this Agreement unless (ia) the other Party consents (which consent shall not be unreasonably withheld), and (iib) the assignee agrees in writing to be bound by all of the obligations and duties of the assigning Party provided for in this Agreement.

Appears in 2 contracts

Samples: Distribution Transmission Interconnection Agreement (ITC Holdings Corp.), Distribution Transmission Interconnection Agreement (ITC Holdings Corp.)

Assigning Party to Remain Responsible. Any assignments authorized as ------------------------------------- provided for in this Article 24 will not operate to relieve the Party assigning this Agreement or any of its rights, interests or obligations hereunder of the responsibility of full compliance with the requirements of this Agreement unless (ia) the other Party consents (which consents, such consent shall not to be unreasonably withheld), and (iib) the assignee agrees in writing to be bound by all of the obligations and duties of the assigning Party provided for in this Agreement.

Appears in 2 contracts

Samples: Interconnection Agreement (Wisconsin Power & Light Co), Interconnection Agreement (Wisconsin Power & Light Co)

Assigning Party to Remain Responsible. Any assignments authorized as provided for in this Article 24 will not operate to relieve the Party assigning this Agreement or any of its rights, interests or obligations hereunder of or the responsibility of full compliance with the requirements of this Agreement unless (i) the other Party consents (which consent shall not be unreasonably withheld), and (ii) the assignee agrees in writing to be bound by all of the obligations and duties of the assigning Party provided for in this Agreement.

Appears in 1 contract

Samples: Interconnection Agreement (ITC Holdings Corp.)

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Assigning Party to Remain Responsible. Any assignments authorized as provided for in this Article 24 will by Sections 18.2 and 18.3 shall not operate to relieve the Party assigning this Agreement or any of its rights, interests or obligations hereunder of the responsibility of full compliance with the requirements of this Agreement unless (i) the other Party consents (which consent shall not be unreasonably withheld), and (ii) the assignee agrees in writing to be bound by all of the obligations and duties of the assigning Party provided for in this Agreement.

Appears in 1 contract

Samples: Interconnection and Wheeling Agreement (Us Geothermal Inc)

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