Common use of ASSIGNMENT AND INSOLVENCY Clause in Contracts

ASSIGNMENT AND INSOLVENCY. 11.1. The Supplier shall not, except after obtaining the written consent of UNDP, assign, transfer, pledge or make other disposition of this Purchase Order, or any part thereof, or any of the Supplier's rights or obligations under this Purchase Order. 11.2. Should the Supplier become insolvent or should control of the Supplier change by virtue of insolvency, UNDP may, without prejudice to any other rights or remedies, immediately terminate this Purchase Order by giving the Supplier written notice of termination.

Appears in 27 contracts

Samples: Long Term Agreement (Lta) for Supply of Newspapers, Long Term Agreement for Event Management Services, Long Term Agreement for Cleaning Materials, Detergents & General Supplies

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ASSIGNMENT AND INSOLVENCY. 11.1. The Supplier shall not, except after obtaining the written consent of UNDP, assign, transfer, pledge or make other disposition of this Purchase Order, or any part thereof, or any of the Supplier's rights or obligations under this Purchase Order. 11.2. Should the Supplier become insolvent or should control of the Supplier change by virtue of insolvency, UNDP may, without prejudice to any other rights or remedies, immediately terminate this Purchase Order by giving the Supplier written notice of termination.

Appears in 16 contracts

Samples: Request for Quotation (Rfq), Long Term Agreement for Supply, Long Term Agreement for Lithium Ion Based Energy Storage Systems

ASSIGNMENT AND INSOLVENCY. 11.1. The Supplier shall not, except after obtaining the written consent of UNODC/UNDP, assign, transfer, pledge or make other disposition of this LTA/Purchase Order, or any part thereof, or any of the Supplier's rights or obligations under this LTA/Purchase Order. 11.2. Should the Supplier become insolvent or should control of the Supplier change by virtue of insolvency, UNODC/UNDP may, without prejudice to any other rights or remedies, immediately terminate this LTA/Purchase Order by giving the Supplier written notice of termination.

Appears in 7 contracts

Samples: Procurement Agreement, Procurement Agreement, Invitation to Bid

ASSIGNMENT AND INSOLVENCY. 11.1. 11.1 The Supplier shall not, except after obtaining the written consent of UNDP, assign, transfer, pledge or make other disposition of this Purchase Order, or any part thereof, or any of the Supplier's rights or obligations under this Purchase Order. 11.2. 11.2 Should the Supplier become insolvent or should control of the Supplier change by virtue of insolvency, UNDP may, without prejudice to any other rights or remedies, immediately terminate this Purchase Order by giving the Supplier written notice of termination.

Appears in 4 contracts

Samples: Contract for Goods and/or Services, Long Term Agreement for the Provision of Goods, Long Term Agreement

ASSIGNMENT AND INSOLVENCY. 11.1. 11.1 The Supplier shall not, except after obtaining the written consent of UNDP, assign, transfer, pledge or make other disposition of this Purchase Order, or any part thereof, or any of the Supplier's Supplierʹs rights or obligations under this Purchase Order. 11.2. 11.2 Should the Supplier become insolvent or should control of the Supplier change by virtue of insolvency, UNDP may, without prejudice to any other rights or remedies, immediately terminate this Purchase Order by giving the Supplier written notice of termination.

Appears in 2 contracts

Samples: Long Term Agreement, Long Term Agreement

ASSIGNMENT AND INSOLVENCY. 11.1. 10.1 The Supplier shall not, except after obtaining the written consent of UNDP, assign, transfer, pledge or make other disposition of this Purchase Order, or any part thereof, or any of the Supplier's rights or obligations under this Purchase Order. 11.2. 10.2 Should the Supplier become insolvent or should control of the Supplier change by virtue of insolvency, UNDP may, without prejudice to any other rights or remedies, immediately terminate this Purchase Order by giving the Supplier written notice of termination.

Appears in 2 contracts

Samples: Long Term Agreement, Long Term Agreement

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ASSIGNMENT AND INSOLVENCY. 11.1. 10.1 The Supplier shall not, except after obtaining the written consent of UNDP, assign, transfer, pledge or make other disposition of this Purchase Order, or any part thereof, or any of the Supplier's rights or obligations under this Purchase Order. 11.2. Should the Supplier become insolvent or should control of the Supplier change by virtue of insolvency, UNDP may, without prejudice to any other rights or remedies, immediately terminate this Purchase Order by giving the Supplier written notice of termination.

Appears in 2 contracts

Samples: Long Term Agreement for Purchase of Office Stationery, Long Term Agreement for Purchase of Office Furniture

ASSIGNMENT AND INSOLVENCY. 11.16.1. The Supplier shall not, except after obtaining the written consent of UNDPUNWTO, assign, transfer, pledge or make other disposition of this Purchase Order, or any part thereof, or any of the Supplier's rights or obligations under this Purchase Order. 11.26.2. Should the Supplier become insolvent or should control of the Supplier change by virtue of insolvency, UNDP UNWTO may, without prejudice to any other rights or remedies, immediately terminate this Purchase Order by giving the Supplier written notice of termination.

Appears in 1 contract

Samples: Long Term Agreement for the Provision of Services

ASSIGNMENT AND INSOLVENCY. 11.1. The Supplier shall not, except after obtaining the prior written consent approval of UNDP, assign, transfer, pledge or make other disposition of this Purchase Order, Order or any part thereof, hereof or any of the Supplier's rights or obligations under this Purchase Order. 11.2. Should the Supplier become insolvent or should control of the Supplier change by the virtue of insolvency, UNDP may, without prejudice to any other rights right or remediesremedy, immediately terminate this Purchase Order by giving the Supplier written notice of such termination.

Appears in 1 contract

Samples: Long Term Agreement

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