Common use of Assignment, Acquisition by Third Party Clause in Contracts

Assignment, Acquisition by Third Party. The Contractor shall not sell, assign or transfer any of its rights, duties or obligations under the Contract. In the event of any proposed sale, transfer or assignment, the Department may agree to enter into a novation of the Contract with the proposed purchaser, assignee or transferee at its sole discretion. No change in Contractor’s organization, if any, will operate to release the Contractor from its liability for the prompt and effective performance of its obligations under this Contract.

Assignment, Acquisition by Third Party. The ‌ Contractor shall not sell, assign assign, or transfer any of its rights, duties or obligations under the Contract. In the event of any proposed sale, transfer or assignment, the Department may agree to enter into a novation of the Contract with the proposed purchaser, assignee assignee, or transferee at its sole discretion. No change in Contractor’s organization, if any, will operate to release the Contractor from its liability for the prompt and effective performance of its obligations under this Contract.

Assignment, Acquisition by Third Party. The ‌ Contractor shall not sell, assign or transfer any of its rights, duties or obligations under the Contract. In the event of any proposed sale, transfer or assignment, the Department may agree to enter into a novation of the Contract with the proposed purchaser, assignee or transferee at its sole discretion. No change in Contractor’s organization, if any, will operate to release the Contractor from its liability for the prompt and effective performance of its obligations under this Contract.

Assignment, Acquisition by Third Party. The Contractor shall not sell, assign assign, or transfer any of its rights, duties or obligations under the Contract. In the event of any proposed sale, transfer or assignment, the Department may agree to enter into a novation of the Contract with the proposed purchaser, assignee assignee, or transferee at its sole discretion. No change in Contractor’s organization, if any, will operate to release the Contractor from its liability for the prompt and effective performance of its obligations under this Contract.