Common use of Assignment and Third Party Rights Clause in Contracts

Assignment and Third Party Rights. 37.1 You consent to us assigning our rights and obligations under the Agreement, whether in whole or in part, to a third party. Such assignment will come into force 10 (ten) business days following the day you are deemed to have received written notice of assignment in accordance with Clause 30.2. 37.2 It is agreed and understood that in the event of assignment we shall have the right to disclose and/or transfer to the assignee all Client Information (including without limitation personal data, recordings, correspondence, due diligence and client identification documents, files and records, the Client trading history), the Account and the client funds as necessary to complete the assignment. 37.3 Our rights and obligations under the Agreement are personal to you, which means that you may not assign your rights and obligations under the Agreement (whether in whole or in part) to any third party without our express written consent. 37.4 The Parties to the Agreement do not intend that any provision of the Agreement and, particularly, the Terms should be enforceable by any person who is not a Party to the Agreement.

Appears in 5 contracts

Sources: Terms of Business, Terms of Business, Terms of Business