Assignment and Charges. 27.1 Restrictions on assignment and charges 27.1.1 Subject to Articles 27.2 and 27.3, this Agreement shall not be assigned by the Concessionaire to any person, save and except with the prior consent in writing of the Authority, which consent the Authority shall be entitled to decline without assigning any reason. 27.1.2 Subject to the provisions of Article 27.2, the Concessionaire shall not create nor permit to subsist any Encumbrance, or otherwise transfer or dispose of all or any of its rights and benefits under this Agreement or any Project Agreement to which the Concessionaire is a party.
Appears in 4 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Assignment and Charges. 27.1 Restrictions on assignment and charges
27.1.1 Subject to Articles 27.2 and 27.3, this Agreement shall not be assigned by the Concessionaire to any person, save and except with the prior consent in writing of the Authority, which consent the Authority shall be entitled to decline without assigning any reason.
27.1.2 Subject to the provisions of Article 27.2Article27.2, the Concessionaire shall not create nor permit to subsist any Encumbrance, or otherwise transfer or dispose of all or any of its rights and benefits under this Agreement or any Project Agreement to which the Concessionaire is a party.
Appears in 3 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Assignment and Charges. 27.1 32.1 Restrictions on assignment and charges
27.1.1 Subject to Articles 27.2 and 27.3, this Agreement shall not be assigned by the Concessionaire to any person, save and except with the prior consent in writing of the Authority, which consent the Authority shall be entitled to decline without assigning any reason.
27.1.2 32.1.2 Subject to the provisions of Article 27.2Clause 32.2, the Concessionaire shall not create nor permit to subsist any Encumbrance, or otherwise transfer or dispose of all or any of its rights and benefits under this Agreement or any Project Agreement to which the Concessionaire is a partyparty except with prior consent in writing of the Authority, which consent the Authority shall be entitled to decline without assigning any reason.
Appears in 1 contract
Samples: Concession Agreement