ASSIGNMENT AND RIGHTS UPON ASSIGNMENT Sample Clauses

ASSIGNMENT AND RIGHTS UPON ASSIGNMENT. 12.1. Subject to the provisions of Section 12.2. and 12.3. hereof, and notwithstanding anything in this Agreement or in the Ofshore Operating Agreement to the contrary, if any Party assigns (including any sale, exchange or other transfer) any of its working interest in the Balancing Area when such Party is an Underproduced or Overproduced Party, the assignment or other act of transfer shall, insofar as the Parties hereto are concerned, include all interest of the assigning or transferring Party in the Gas, all rights to receive or obligations to provide or take Makeup Gas and all rights to receive or obligations to make any monetary payment which may ultimately be due hereunder, as applicable. Operator and each of the other Parties hereto shall thereafter treat the assignment accordingly, and the assigning or transferring Party shall look solely to its assignee or other transferee for any interest in the Gas or monetary payment that such Party may have or to which it may be entitled, and shall cause its assignee or other transferee to assume its obligations hereunder.
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ASSIGNMENT AND RIGHTS UPON ASSIGNMENT. D-22 ARTICLE 10 LIQUID HYDROCARBONS D-24 ARTICLE 11 MARKETING OF LNG ARTICLE 12 MISCELLANEOUS ... ... ... ... ... ... ... ... ... D-25 ANNEX E PROCEDURE FOR THE DETERMINATION OF WORK UNITS FOR WORK OBLIGATIONS ... ... ... ... ... ... ... ... ...E-1 ANNEX F LOCAL CONTENT & LOCAL PARTICIPATION POLICY & FRAMEWORK FOR THE REPUBLIC OF TRINIDAD AND TOBAGO ENERGY SECTOR ... ... ... ... ... ... ... ... ... ... ... ... ... F-1 ANNEX G GEOLOGICAL STUDIES... ... ... ... ... ... ... ... ..G-1 PRODUCTION SHARING CONTRACT This Contract is made this ……… day of …………………………………, 2018 among PRESIDENT OF THE REPUBLIC OF TRINIDAD AND TOBAGO, Her Excellency Xxxxx May Xxxxxx, Intendant of State Lands (hereinafter referred to as the “President”) of the FIRST PART, MINISTER OF ENERGY AND ENERGY INDUSTRIES, Senator the Honourable Xxxxxxxx Xxxx (hereinafter referred to as the “Minister”) of the SECOND PART and of the THIRD PART.
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ASSIGNMENT AND RIGHTS UPON ASSIGNMENT. ARTICLE 10 LIQUID HYDROCARBONS ... ... ... ... ... ... ... ...
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ASSIGNMENT AND RIGHTS UPON ASSIGNMENT. 9.1 Subject to the provisions of Sections 9.2 and Error! Reference source not found. (if elected) hereof, and notwithstanding anything in this Contract or in the Contract to the contrary, if Contractor assigns (including any sale, exchange or other transfer) any of its Producing Interest in the Balancing Area when it is an Underproduced or Overproduced Party, the assignment or other act of transfer shall, insofar as the Parties hereto are concerned, include all interest of the assigning or transferring Party in the Gas, all rights to receive or obligations to provide or take Makeup Gas and all rights to receive or obligations to make any monetary payment which may ultimately be due hereunder, as applicable.
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Related to ASSIGNMENT AND RIGHTS UPON ASSIGNMENT

  • Assignment of Rights Borrower acknowledges and understands that Agent or Lender may, subject to Section 11.7, sell and assign all or part of its interest hereunder and under the Loan Documents to any Person or entity (an “Assignee”). After such assignment the term “Agent” or “Lender” as used in the Loan Documents shall mean and include such Assignee, and such Assignee shall be vested with all rights, powers and remedies of Agent and Lender hereunder with respect to the interest so assigned; but with respect to any such interest not so transferred, Agent and Lender shall retain all rights, powers and remedies hereby given. No such assignment by Agent or Lender shall relieve Borrower of any of its obligations hereunder. Lender agrees that in the event of any transfer by it of the Note(s)(if any), it will endorse thereon a notation as to the portion of the principal of the Note(s), which shall have been paid at the time of such transfer and as to the date to which interest shall have been last paid thereon.

  • Non-Assignment This Agreement shall not be assigned by either party without the written consent of the other party.

  • Assignment, Etc The Holder may assign or transfer this Note to any transferee at its sole discretion. This Note shall be binding upon the Company and its successors and shall inure to the benefit of the Holder and its successors and permitted assigns.

  • Assignment of Agreement The following conditions must be satisfied in order to effectuate any assignment of this Agreement:

  • Assignment of Rights and Obligations (a) Without Owners’ prior written consent, Managing Agent shall not sell, transfer, assign or otherwise dispose of or mortgage, hypothecate or otherwise encumber or permit or suffer any encumbrance of all or any part of its rights and obligations hereunder, and any transfer, encumbrance or other disposition of an interest herein made or attempted in violation of this paragraph shall be void and ineffective, and shall not be binding upon Owners. Notwithstanding the foregoing, Managing Agent may assign its rights and delegate its obligations under this Agreement to any subsidiary of Parent so long as such subsidiary is then and remains Controlled by Parent.

  • Assignment Agreement The Assignment and Assumption Agreement, dated the Closing Date, between Residential Funding and the Company relating to the transfer and assignment of the Mortgage Loans.

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