Common use of ASSIGNMENT AND AGENCY Clause in Contracts

ASSIGNMENT AND AGENCY. 14.13 A party must not assign its rights or novate its obligations under this Agreement without the other party’s prior written consent, which will not be unreasonably withheld, provided that Telstra may, without Customer’s written consent, assign or novate any or all of its rights and obligations under this Agreement to another Affiliate or to a third party acquiring substantially all of the assets associated with the performance of such obligations and may assign its receivables to its financing partner in circumstances where Customer does not pay any undisputed invoices on time in accordance with this Agreement. In the case of an assignment of receivables, Telstra shall retain the right to take other actions as set out in this Agreement in relation to non-payment of undisputed invoices.

ASSIGNMENT AND AGENCY. 14.13 14.14 A party must not assign its rights or novate its obligations under this Agreement without the other party’s prior written consent, which will not be unreasonably withheld, provided that Telstra may, may without Customer’s written consent, assign or novate any or all of its rights and obligations under this Agreement to another Affiliate or to a third party acquiring substantially all of the assets associated with the performance of such obligations and may assign its receivables to its financing partner in circumstances where Customer does not pay any undisputed invoices on time in accordance with this Agreement. , In the case of an assignment of receivables, Telstra shall retain the right to take any other actions as set out in this Agreement in relation to non-payment of undisputed invoices.