ASSIGNMENT AND TRANSFER OF RIGHTS AND OBLIGATIONS a) Operator may, without the prior consent of Licensee, assign its rights and/or obligations under this Agreement; provided that, (i) Operator gives written notice to Licensee of such assignment; and (ii) the assignee, upon the effective date of the assignment, either (w) pays all Monthly Royalty Fees then Due Licensee pursuant to SUBPARAGRAPH 4(a) on an accelerated basis; (x) provides a letter of credit or other security reasonably acceptable to Licensee; (y) Operator provides Licensee with a guaranty of payment at that time; or (z) Licensee, in its reasonable determination is satisfied that the assignee is creditworthy and has the financial abilities to perform the obligations of this Agreement; and (iii) unconditionally agrees in writing to assume Operator's obligations under this Agreement.
ASSIGNMENT AND TRANSFER OF RIGHTS AND OBLIGATIONS. Except as provided in Article 6, this Agreement and all rights and obligations hereunder cannot be assigned or transferred without the prior written consent of the other Parties; provided, however, that the Non-Managing Shareholder may assign this Agreement and all of its rights and obligations hereunder without the other Parties’ consent to any of its affiliates (provided that, if such affiliate is no longer an affiliate of the Non-Managing Shareholder, such assignment shall be unwound).
ASSIGNMENT AND TRANSFER OF RIGHTS AND OBLIGATIONS. 22.1 Subject to Article 22.2, the Parties shall have the right to assign all or part of their Participating Interest in any Exploration Permit and/or any Exploitation Concession under this Petroleum Agreement in accordance with the Hydrocarbon Code. KOSMOS and ONHYM will collaborate in any farmout process undertaken by KOSMOS. ONHYM ill participate in the preparation of the roadshow material and will also be involved in the roadshow and in marketing meetings to prospective assigness. Furthermore, KOSMOS will obtain ONHYM’S approval of the prospective assignee before any assignment takes place.
ASSIGNMENT AND TRANSFER OF RIGHTS AND OBLIGATIONS. The Pledgor may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of the Agent. The Agent shall be permitted to transfer or delegate any rights or obligations, and to assign any claims under this Agreement subject to the terms and conditions contained in the Credit Agreement, and the Pledgor hereby explicitly consents to such assignment and transfer.
ASSIGNMENT AND TRANSFER OF RIGHTS AND OBLIGATIONS. 14.1. Either Party shall have the right to assign or transfer any or all of its rights or obligations to an Affiliate of that Party and performance of any obligation by an Affiliate shall be deemed to constitute performance by the relevant Party. This Agreement shall be binding upon the Parties and their successors and permitted assigns.
ASSIGNMENT AND TRANSFER OF RIGHTS AND OBLIGATIONS. 12.1 The Supplier shall not assign the Agreement, or otherwise transfer any rights or obligation arising under the Agreement to a third party without the prior written consent of Bunge.
ASSIGNMENT AND TRANSFER OF RIGHTS AND OBLIGATIONS. 22.1 Subject to Article 22.2, the Parties shall have the right to assign all or part of their Participating Interest in the Exploration Permits and/or any Exploitation Concession under this Petroleum Agreement in accordance with the Hydrocarbon Code. In the event any Party comprising the CONTRACTOR GROUP desires to farmout a portion of its Participating Interests in Exploration Permits and/or any Exploitation Concession under this Petroleum Agreement, such Party and ONHYM will collaborate in the farmout process undertaken by such Party. ONHYM will participate in the preparation of the corresponding promotional material and will also be involved in the roadshow and in marketing meetings to prospective assignees. Furthermore, such Party must obtain approval from the Minister in charge of Energy and ONHYM pertaining to the prospective assignee before any assignment is effective. If such a transfer takes place, the Parties shall enter into an amendment to this Agreement to recognize the new Percentage Interests and the corresponding commitments.
ASSIGNMENT AND TRANSFER OF RIGHTS AND OBLIGATIONS. 22.1 Subject to Article 22.2, the Parties shall have the right to assign all or part of their Participating Interest in any Exploration Permit and/or any Exploitation Concession under this Petroleum Agreement in accordance with the Hydrocarbon Code. In the event KOSMOS desires to farmout a portion of its Participating Interest in Exploration Permits and/or any Exploitation Concession under this Petroleum Agreement, KOSMOS and ONHYM will collaborate in any such farmout process undertaken by KOSMOS. ONHYM will participate in the preparation of the corresponding promotional material and will also be involved in the roadshow and in marketing meetings to prospective assignees. Furthermore, KOSMOS must obtain approval from the Minister in charge of Energy and ONHYM pertaining to the prospective assignee before any assignment is effective. If such a transfer takes place, the Parties shall enter into an amendment to this Agreement to recognize the new Percentage Interests and the corresponding commitments.
ASSIGNMENT AND TRANSFER OF RIGHTS AND OBLIGATIONS. 12.1 This Agreement and all rights and obligations hereunder cannot be assigned or transferred without the prior written consent of the other Parties, which may not be unreasonably withheld.
ASSIGNMENT AND TRANSFER OF RIGHTS AND OBLIGATIONS. This Agreement and all rights and obligations hereunder cannot be assigned or transferred by either party without the other party’s prior written consent (other than in connection with Transfers to Affiliates as contemplated by Section 2.11 or Section 5.3). The provisions of this Section 6.2 do not restrict Transfers of Preferred Units or Units in accordance with Sections 5.2 or 5.3.
